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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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Fort Worth launching Stockyards design task force

The task force, to be chaired by the Fort Worth architect Eric Hahnfeld, would be responsible for confirming the boundaries of the city's planned Stockyards design district and reviewing the work of a consultant.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Oil down despite China stimulus, supply drop

 

The Associated Press

The price of oil drifted lower Thursday even after China introduced measures to underpin growth and U.S. crude inventories unexpectedly declined.

Benchmark U.S. crude for May delivery was down 50 cents to $99.12 a barrel at 0900 GMT in electronic trading on the New York Mercantile Exchange. The contract shed 12 cents to close at $99.62 on Wednesday.

Brent crude, used to set prices for international varieties of oil, was down 13 cents to $104.66 a barrel on the ICE exchange in London.

China's announcement that it would give bigger tax breaks to small businesses, build social housing and accelerate railway construction is yet to dispel concerns about China's growth momentum. With signs that China's manufacturing has weakened, investors had expected Beijing to unveil stimulus measures.

The U.S. Energy Department said Wednesday the nation's crude oil supply dropped by 2.4 million barrels last week, contrary to the expectations of analysts that the supply increased. It was the first decline in 11 weeks.

In other energy futures trading in New York.

— Wholesale gasoline was flat at $2.867 a gallon.

— Natural gas dropped 1.6 cents to $4.348 per 1,000 cubic feet.

— Heating oil was down 0.5 cent to $2.861 a gallon.

 

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