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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Fort Worth's mayor looking for new chief of staff

Jason Lamers is leaving the city after 14 years to join Burlington Northern Santa Fe.

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FAA approves 787 Dreamliner battery fixes

WASHINGTON (CNNMoney) -- The Federal Aviation Administration cleared Boeing to make fixes to the battery system of the 787 Dreamliner. That paves the way for the aircraft to start flying again.
Nearly 50 Dreamliners have been grounded for the last four months, after two fires on Japanese jets prompted the FAA to order the planes grounded on Jan. 16.
Since then, Boeing has redesigned the battery system. Next week, all airlines that have the 787 aircraft will start to install the new systems.
Boeing basically revamped the internal battery components to minimize the chances of a short circuit. It also improved the insulation of the battery cells, and created a new "containment and venting" system that is supposed to prevent overheating from affecting the plane.
"Safety of the traveling public is our number one priority. These changes to the 787 battery will ensure the safety of the aircraft and its passengers," said Transportation Secretary Ray LaHood.
The move to approve the planes for flight has been expected. FAA Administrator Michael P. Huerta predicted at a Senate hearing on Tuesday that it would happen soon.
Boeing has already completed 20 test flights with the new battery technology, Huerta said during that hearing.
United Airlines, which has six of the jets, is the only U.S. airline to take delivery of the Dreamliners so far. Boeing's customers are eager to get them into service, since they use lightweight composite materials that greatly improve fuel economy.
The Dreamliner has sold well in Asia and the Middle East, where airlines depend on long-range flights for much of their business, and can benefit most from the improvements in fuel economy.
The problems with the new battery technology have already prompted Boeing's European rival Airbus to revert to standard nickel-cadmium batteries in its A350 plane. The A350 had been designed to compete with the Dreamliner, and is due to make its first test flight in the middle of this year.
The approval for the battery fix comes just a few days before the National Transportation Safety Board, which investigates traffic and aircraft incidents, will convene for a two-day investigation into the fires.
Boeing's shares were up 2 precent Friday afternoon.

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