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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Susan Halsey, Fort Worth attorney, business leader, dies

Susan Halsey, a Fort Worth attorney who was also a community and business leader, died on Friday, Dec. 19. Halsey, 55, was chairman for the Fort Worth Chamber of Commerce in 2013-2014, leading the chamber during a year

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Heating up: West Lancaster corridor projects moving forward

West Lancaster Avenue through downtown Fort Worth is heating up, with planners envisioning a lively mixed-use corridor that extends the central business district further south.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Oil prices drop in Asia on demand expectations


The Associated Press

Oil prices fell in Asia on Thursday as expectations for reduced demand due to warmer weather outweighed a smaller-than-expected increase in U.S. oil supplies.

Benchmark U.S. crude for April delivery was down 31 cents to $102.28 a barrel at 0610 GMT in electronic trading on the New York Mercantile Exchange.

The contract closed up 76 cents Wednesday at $102.59 after the U.S. Energy Department said crude oil supplies rose by 68,000 barrels last week, well below the increase of 1.5 million barrels expected by analysts surveyed by Platts. Supplies at the key storage point in Cushing, Okla., fell by 1.1 million barrels.

The inventories figures pointed to resilient demand but oil shed some of those gains Thursday as the approach of spring in the U.S. and weaker Chinese manufacturing could reduce crude consumption.

Investors will be watching for new policy initiatives from China's annual legislative session in early March to see what steps the government might take to shore up growth.

Brent crude, which is used to set prices for international varieties of crude, shed 26 cents to $109.25 on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was down 0.2 cent at $2.983 per gallon.

— Heating oil shed 0.4 cent to $3.035 per gallon.

— Natural gas lost 3.2 cents to $4.509 per 1,000 cubic feet.

 

 

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Did the College Football Playoff Committee get it right?