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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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First restaurant tenant named for Waterside development

Zoes Kitchen will be the first restaurant tenant in Trademark Property's Whole Foods Market-anchored Waterside development in southwest Fort Worth,

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Fort Worth Chamber names Small Business of the Year winners

A trampoline recreation business; an oilfield services company; a longtime aviation maintenance firm; a maker of electrical wiring harnesses. Those were the wide variety of businesses that received the 2015 Small Business of the Year Award from the Fort Worth Chamber of Commerce.

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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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