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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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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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Podcasting superstar from 'Serial' coming to Fort Worth

If you hear yourself hearing a certain haunting theme in early August as you pass the Omni Fort Worth Hotel, don’t be alarmed.

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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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