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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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GE Capital forms development group

A. Lee Graham
Reporter
lgraham@bizpress.net

GE Capital’s Equipment Finance segment in Irving is forming a business development group, led by 28-year company veteran Jim Kelly.
The new unit will focus on creating new vendor and dealer financing programs, allowing manufacturers to capitalize on the programs’ benefits for their equipment distribution channels.
“The equipment markets in the U.S. are beginning to grow again, which presents opportunities for us,” said Diane Cooper, CEO of Equipment Finance and a GE company officer, commenting in a news release.
“As manufacturers refocus on their core capabilities and plan to expand their businesses, they may be looking to partner with a finance company that has extensive experience creating full-scale financing programs to reach and support their commercial customers,” Cooper said.
Kelly’s team includes industry veterans with domain expertise in manufacturing, information technology, office imaging, truck transportation and health care industries.
Kelly has been managing director of GE Capital’s Vendor Finance business since 2009. He started his career in 1985 through GE's financial management program.
With more than $36 billion in lease and loan transactions since 2007, GE Capital’s Equipment Finance business manages more than 40 manufacturer financing programs spanning more than 10 industries, including transportation, construction and manufacturing. It provides wholesale and retail financing for equipment manufactures. More information is available at www.gecapital.com.

 

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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?