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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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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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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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American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

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RadioShack's store operations executive resigns

NEW YORK (AP) — RadioShack, which recently announced that it plans to close up to 1,100 stores, says that Troy Risch, its executive vice president of store operations has resigned.

In a filing with the Securities and Exchange Commission, RadioShack Corp. said that Risch resigned on Friday to pursue other interests. The retailer said Risch's duties will temporarily be handled by other managers, effective immediately.

Last month RadioShack said that it plans to close about a fifth of its U.S. locations. The closings would leave the company with more than 4,000 U.S. stores. That's still far more than Best Buy, which has roughly 1,400 U.S. locations, and makes RadioShack stores nearly as common as Wal-Mart locations.

RadioShack has been fighting to update its image and compete with online and discount retailers. Long known as a destination for batteries and obscure electronic parts, the company has sought to remake itself as a specialist in wireless devices and accessories. But growth in the wireless business is slowing, as more people have smartphones and see fewer reasons to upgrade.

Aside from slashing costs and shuffling management, RadioShack has been renovating its stores with a more modern look.

Shares of RadioShack gained 5 cents, or 3.5 percent, to $1.50 in premarket trading on Tuesday shortly before the market open.
 

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