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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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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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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Oil below $102 as US crude supplies seen rising


The Associated Press

The price of oil fell 19 cents to 101.56 in Asia on Wednesday as traders awaited weekly data expected to show rising U.S. crude stockpiles.

U.S. crude for May delivery closed at $101.75 Tuesday in electronic trading on the New York Mercantile Exchange, down $1.90 from its close Monday at $103.65.

Brent crude, an international benchmark for oil, eased 7 cents to $109.20 on the ICE Futures exchange in London after closing at $109.27.

Despite expectations that U.S. supplies may outpace demand, investors worry that fresh sanctions against Russia may disrupt Russian oil and gas exports.

Pro-Russian insurgents in eastern Ukraine have occupied government buildings and set up checkpoints in demand of closer ties with Russia.

Just hours after U.S. Vice President Joe Biden visited the Ukrainian capital to show support, Ukraine's acting president ordered security forces to resume operations in the country's east, raising fears that last week's international agreement on easing the crisis may be unraveling.

In other energy futures trading in New York:

— Wholesale gasoline was flat at $3.04 a gallon.

— May heating oil was almost unchanged at $2.99 a gallon.

— Natural gas for May edged 0.1 cent lower to $4.73 per thousand cubic feet.

 

 

 

 

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