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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Fort Worth TIF approves incentives for Westchester Plaza redevelopment, second 217-unit apartment property

A California REIT plans to buy the 50-year-old Westchester Plaza, demolish it, and redevelop the site with apartments, retail, medical-office, and parking.

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RadioShack announces retention bonus plan

RadioShack, which announced plans on Tuesday to close 1,100 stores, has agreed to pay top executives retention bonuses if they meet performance targets.

In a filing with the Securities and Exchange Commission, RadioShack reported that the decision was made "after giving due consideration of the skills and talent deemed critical to the company's business turnaround efforts currently under way, the difficult business environment and the competition for skilled, talented employees,"


CEO Joe Magnacca will get a $500,000 payment, while other executives will receive $187,500 to $275,000, the company said in the filing.Commission, RadioShack reported that the decision was made "after giving due consideration of the skills and talent deemed critical to the company's business turnaround efforts currently under way, the difficult business environment and the competition for skilled, talented employees," To receive the bonuses, executives must stay at RadioShack thourgh March 1, 2015. 

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?