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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Fort Worth's mayor looking for new chief of staff

Jason Lamers is leaving the city after 14 years to join Burlington Northern Santa Fe.

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Podcasting superstar from 'Serial' coming to Fort Worth

If you hear yourself hearing a certain haunting theme in early August as you pass the Omni Fort Worth Hotel, don’t be alarmed.

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2 Plano men sentenced in North Texas bank fraud case

DALLAS (AP) — Two more North Texas residents have been sentenced to federal prison in a bank loan fraud scam that started in 2007.

Prosecutors in Dallas say 43-year-old Vathany Teng has been sentenced to 27 months in prison and must repay $4.2 million. Investigators say 55-year-old Lina Ma must serve 18 months behind bars and pay $2.1 million in restitution.

Both Plano residents pleaded guilty to conspiracy to commit bank fraud.

A judge in Dallas in February sentenced attorney Jerry Goh to seven months in prison and ordered repayment of $2.1 million. Goh, who pleaded guilty to misprision of a felony, acted as an escrow officer for the fraudulent transfer of funds.

 

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