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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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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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Irving man sentenced for defrauding investors

DALLAS (AP) — A North Texas man has been sentenced to nearly six years in prison for defrauding people seeking to invest in a restaurant franchise.

Michael David Carroll of Irving was sentenced Monday in federal court in Dallas. He was ordered to pay $1.4 million in restitution. He had pleaded guilty in April to wire fraud.

Prosecutors say the 38-year-old Carroll was a director of The Salad Bowl Franchise Corp. They say from 2008 to 2010 Carroll ran a scheme to defraud investors by inducing them to purchase a franchise from him.

He provided false financial data to investors, including inflated sales figures at some franchise locations. Carroll admitted to investigators that he had used investor funds for his own purposes.

He also acknowledged forging a signature to obtain a $23,000 loan.

 

 

 

 

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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?