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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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Three-star general selected as new TxDOT leader

Joe Weber, Texas A&M University’s vice president of student affairs and a retired three-star United States Marine Corps general, will be the new executive director of the Texas Department of Transportation (TxDOT).
Weber, 63, was selected April 4 during a special meeting of the Texas Transportation Commission.


He succeeds Phil Wilson, who in January became general manager of the Lower Colorado River Authority. Weber will take over on or about April 23 and will be the department’s 20th executive director.
“As TxDOT continues its transformation in becoming a best-in-class agency, Gen. Weber is the right fit for this department,” said Texas Transportation Commissioner Jeff Moseley, who led the search efforts on behalf of the commission. “The general’s proven track record and collaborative nature will help the department work even more closely with the Legislature and other key transportation stakeholders.”


Weber served the Marine Corps for 36 years, including assignments throughout the United States and overseas leading major efforts, including tours in Iraq and Japan. His primary duties focused on training, education and combat readiness for military personnel.
Weber graduated in 1972 from Texas A&M along with Gov. Rick Perry, who earlier endorsed his life-long friend for TxDOT’s top post. Weber earned a master’s degree from the LBJ School of Public Affairs at the University of Texas.

bdillard@bizpress.net
 

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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?