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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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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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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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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?