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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 slips as US growth lags expectations

 

NEW YORK (AP) — The price of oil slipped after two days of strong gains Friday as U.S. economic growth was slightly slower than expected.

By midday in New York, benchmark oil for June delivery was down $1.18, or 1.3 percent, to $92.46 a barrel. Oil gained $4.46, or 5 percent, over the two prior days.

U.S. economic growth accelerated to an annual rate of 2.5 percent from January through March from an anemic pace in the previous quarter. But the markets were expecting growth of 3 percent or better.

The U.S. figure follows last week's report of slower-than-expected growth in China, raising questions about demand in the world's biggest oil-consuming countries.

Brent crude, which is used to price oil from the North Sea used by many U.S. refiners, was down 80 cents to $102.61 a barrel on the ICE Futures exchange in London.

In other energy futures trading on the Nymex:

— Gasoline fell 1 cent to $2.80 per gallon.

— Heating oil declined 2 cents to $2.86 a gallon.

— Natural gas lost 5 cents to $4.11 per 1,000 cubic feet.


 

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