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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Riverside: Developer sees revitalization with apartments, townhomes driving commercial projects

A Dallas developer is seeking to rezone more than 18 acres in Fort Worth’s Riverside area overlooking Oakhurst Scenic Drive, the Trinity River and downtown, with plans to build as many as 400 apartments and townhomes aimed at renters who want to live in or near the central city. D

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

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Novartis names new leader for Alcon as Buehler retires

Jeff George 

Swiss drug maker Novartis International AG has appointed new heads of its Fort Worth-based eye care division Alcon and generics division Sandoz, the group’s second and third largest businesses after pharmaceuticals.


Jeff George, who joined Novartis in January 2007 and previously led Sandoz, will replace retiring Kevin Buehler as head of Alcon, effective May 1, Novartis said on April 9.


Richard Francis will become head of Sandoz, the company added. Francis previously had leadership roles in sales and commercial divisions of Sanofi and Wyeth.


Under George’s leadership, Sandoz grew from $7.5 billion in sales in 2009 to $9.2 billion in 2013. He also oversaw Sandoz’ expansion to 164 countries globally, where it has more than 26,000 associates.


The three Alcon businesses – surgical, pharmaceutical and vision care – generated net sales of $10.5 billion in 2013. Alcon has more than 24,000 employees worldwide, with operations in 75 countries and products available in 180 markets.


-Betty Dillard
bdillard@bizpress.net
 

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