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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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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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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?