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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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Oil rises on hopes of more US jobs, Ukraine crisis


The Associated Press

Oil prices rose Friday as the Ukraine crisis took a new twist and expectations rose for a solid increase in U.S. employment.

Benchmark U.S. crude for April delivery was up 31 cents to $101.87 per barrel at 0720 GMT in electronic trading on the New York Mercantile Exchange. On Thursday, the contract rose 11 cents to close at $101.56. Brent crude, used to set prices for international varieties of crude, was up 21 cents to $108.31 per barrel on the ICE exchange in London.

The U.S. government will release February employment figures later Friday. Hopes for a strong report were boosted after the Labor Department said Thursday that the number of people who filed for jobless benefits fell last week to the lowest level in three months.

The unemployment claims report was one of the first bits of good news investors have had on the economy after weeks of data that showed the U.S. recovery slowing because of the severe winter.

Tension over Russia's military incursion into Ukraine's Crimean peninsula also underpinned oil prices.

Ukraine lurched toward breakup as lawmakers in Crimea unanimously declared they wanted to join Russia and would put the decision to voters in 10 days.

The U.S. moved to impose financial sanctions and travel restrictions on opponents of Ukraine's new government and the European Union also announced limited punitive measures against Russia including the suspension of trade and visa talks. Both Washington and the EU said they were discussing further sanctions.

In other energy futures trading on Nymex:

— Wholesale gasoline was up 0.2 cent at $2.947 per gallon.

— Heating oil added 0.6 cent to $2.989 per gallon.

— Natural gas dipped 2.3 cents to $4.639 per 1,000 cubic feet.

 

 

 

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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?