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