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Texas has old, new candidates to offer as presidential hopefuls

The Republican Party has long been riven between its establishment and conservative wings, a split that plays out every four years in the race for the White House.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

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Oil prices slightly higher on US data


The Associated Press

Oil prices edged slightly higher on Friday but remained under $100 a barrel as traders weighed whether an apparent pickup in the U.S. economy could spur enough demand to offset a slowdown in China and tension in the Ukraine.

Benchmark U.S. crude for April delivery was up 2 cents to $98.22 a barrel at 0920 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 21 cents to close at $98.20 on Thursday.

Brent crude, used to set prices for international varieties of crude, was up 5 cents to $106.97 on the ICE exchange in London.

Global markets from stocks to commodities have been roiled this week by signs of weakness in the Chinese economy and tensions in Ukraine.

China is one of the top consumers of energy, so an economic slowdown there could dial back demand for oil. At the same time, Russia is one of the top producers of oil worldwide, meaning that any Western sanctions against Moscow for its military incursion into the Ukraine's Crimean Peninsula could affect global supplies.

Still, recent good news about the U.S. economy helped underpin prices on Friday. American retail sales bounced back in February after suffering a steep decline during a bitterly cold January. Shoppers spent more on autos, clothing and furniture. And the number of people seeking U.S. unemployment benefits dropped to the lowest level in three months.

In other energy futures trading on Nymex:

— Wholesale gasoline shed 0.2 cent to $2.906 a gallon.

— Heating oil was up 0.7 cent to $2.911 a gallon.

— Natural gas lost 3.1 cents to $4.352 per 1,000 cubic feet

 

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