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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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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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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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Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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Texas Supreme Court orders response to lawsuit against TRWD

A. Lee Graham

Reporter

The Texas Supreme Court has ordered the Tarrant Regional Water District to respond to a lawsuit filed by plaintiffs suing the district in an election dispute.

The water district, which provides water to Fort Worth and other North Texas municipalities, is legally required to file a response to the plaintiffs’ writ of injunction by 5 p.m. Friday March 14.

Plaintiffs John Basham and Texans for Government Transparency filed an appeal with the Texas Supreme Court on March 7, 2014 following a federal district judge’s late February ruling that declined to order the water district to hold an election in May, as the deadline for governmental entities expires.

Basham, who has run unsuccessfully for a TRWD board seat, filed the suit with Darlia Hobbs and Texans for Government Transparency, to prevent water district board members Jim Lane and Marty Leonard from serving a fifth year without an election.

Individual defendants named in the suit are current board members Victor W. Henderson, Jack Stevens, Marty Leonard, Jim Lane and Mary Kelleher.

The water district had not planned a May election because the Legislature passed a bill last session that moves the water board election from an even-year to an odd-year cycle. The legislation, sponsored by Rep. Charlie Geren, R-Fort Worth, did not address the expiring terms of Lane and Leonard – or whether they should serve an extra year until May 2015.

This story includes archived material.

lgraham@bizpress.net

 

 

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