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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Oil down as factory data, sanctions risk weighed
 


The Associated Press

Oil prices edged slightly lower on Tuesday as soft factory data from China and the U.S. balanced the threat of sanctions against Russia following its annexation of the Crimean Peninsula.

Benchmark oil for May delivery was down 6 cents to $99.54 at 0610 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 14 cents to close at $99.60 on Monday.

A dismal preliminary report on factory activity in China continued to weigh on sentiment. The HSBC-Markit purchasing managers' index fell to an eight-month low in March, further evidence of the prolonged slowdown that could lead to lower demand for energy in the world's No. 2 economy. A similar index for the U.S. fell from a four-year high.

Offsetting those concerns was the possibility of sanctions against oil and gas producer Russia. The U.S. and other Group of Seven countries vowed to launch coordinated sanctions on key parts of the economy, which could include the energy industry, if Russian President Vladimir Putin presses further into Ukraine.

Brent crude, used to set prices for international varieties of crude, slipped 15 cents to $106.66.

In other energy futures trading on Nymex:

— Wholesale gasoline was steady at $2.886 a gallon.

— Heating oil fell 0.2 cent to $2.912 a gallon

— Natural gas rose 0.4 cent to $4.28 per 1,000 cubic feet.

 

 

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