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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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