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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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Fort Worth TIF approves incentives for Westchester Plaza redevelopment, second 217-unit apartment property

A California REIT plans to buy the 50-year-old Westchester Plaza, demolish it, and redevelop the site with apartments, retail, medical-office, and parking.

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Mayors of Fort Worth, Dallas and Houston announce support of high-speed rail service

The mayors of Fort Worth, Dallas and Houston today announced their support for a high-speed rail route between Houston and Dallas-Fort Worth.
The announcement marks the first time that the cities of Houston, Dallas and Fort Worth have come together to announce their support for the project.


“Thanks to the leadership of our friends at Texas Central Railway, my fellow mayors, and our state and federal partners, we have a remarkable opportunity to change the way we travel and connect our cities,” Price said in a statement released today. “We’re excited about this concept, and we look forward to working closely with our partners to make it a reality for our citizens and businesses.”


Privately owned Texas Central Railway, with offices in Houston, and Central Japan Railway Co., are studying a Dallas-to-Houston route. Transportation officials closer to Fort Worth have been focusing on how to bring Fort Worth and Arlington into the mix.
“Building in the urban core will cost more than between cities,” said Steve Mattingly, a University of Texas at Arlington civil engineer who conducted a feasibility study for bringing bullet trains into Dallas-Fort Worth when speaking to the Fort Worth Business Press earlier this year.
The study, conducted between September 2011 and August 2013, found that constructing track between “pair cities” such as Dallas and Houston would require less funding than laying track within more congested urban areas such as the stretch between Fort Worth and Dallas.


“That’s why the primary focus has been getting to downtown Dallas but not Fort Worth or Arlington at this point,” Mattingly said.
The two plans are being handled separately, with privately owned Texas Central Railway overseeing the Dallas-to-Houston vision and the Texas Department of Transportation and North Central Texas Council of Governments, as well as Price, Dallas Mayor Mike Rawlings and Arlington Mayor Robert Cluck, championing a rail route linking their respective communities.
As Texas Central Railway continues its work on the privately funded high-speed rail route between Houston and Dallas, an effort has also been set in motion to extend high-speed rail service from Dallas through Arlington and into Fort Worth. The Texas Transportation Commission appointed members of the North Texas High Speed Rail Commission to find innovative ways to build a high-speed rail system between Fort Worth, Arlington and Dallas.

fwbusinesspress.com/fwbp/article.aspx
 

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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?