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Super PAC Men: How political consultants took a Fort Worth oilman on a wild ride

The head of a Texas oil dynasty joined the parade of wealthy political donors, aiming to flip the Senate to Republicans. By the time consultants were done with him, the war chest was drained and fraud allegations were flying

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Bon Appétit: New French restaurant dishes out the finest in Fort Worth

Barely open six months, Le Cep, a contemporary French restaurant proffering fine dining, is stirring up Fort Worth’s culinary scene.

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Bridge collapse on I-35 north of Austin

SALADO, Texas (AP) — Emergency crews are responding to a reported bridge collapse along an interstate in Central Texas.

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Latin-inspired restaurant set to open in downtown Fort Worth

Downtown Fort Worth’s dining scene is about to get spicier with the opening of a new restaurant featuring Latin-inspired coastal cuisine.

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Amazon begins Prime Now program in Dallas area

If you just have to have it now, as in one hour, you can, at least in the Dallas area, as Amazon.com Inc. announced Thursday it will offer Prime Now.

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Cash America considers separating online business

Payday lender Cash America International Inc. is evaluating a plan to separate its online lending business that comprises its e-commerce division, Enova International Inc., to focus on its storefront lending operations that include pawn shops.
A spinoff would create a stand-alone, publicly traded online lending company with approximately $766 million in annual revenue as of Dec. 31, 2013.


If a spinoff were to occur, Cash America would operate the storefront lending businesses, while Enova would own and operate the online lending business with operations in the United States, the United Kingdom, Australia and Canada.
David Fisher, who has been Enova’s CEO since January 2013, would continue to serve in that role if the spinoff were to occur.
As a result of a spinoff, Cash America President and CEO Daniel R. Feehan said in a news statement, “A separation is expected to better position Cash America and Enova to pursue strategies that best fit their specific businesses.”


The Fort Worth-based company said its management is expected to make a final recommendation to the board later this year with a transaction likely to be completed in late 2014 or early 2015.
As of Dec. 31, 2013, Cash America International operated 1,006 total locations, including 869 lending locations in 22 states in the U.S.; 47 pawn lending locations in central and southern Mexico; and 90 check cashing centers operating in 13 states in the U.S. Additionally, the company offered consumers loans over the Internet to customers in 32 states, the U.K., Australia and Canada. – Betty Dillard
 

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