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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Fort Worth Chamber names Small Business of the Year winners

A trampoline recreation business; an oilfield services company; a longtime aviation maintenance firm; a maker of electrical wiring harnesses. Those were the wide variety of businesses that received the 2015 Small Business of the Year Award from the Fort Worth Chamber of Commerce.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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Is AT&T trying to buy DirecTV?

Brian Stelter

NEW YORK (CNNMoney) -- If Comcast and Time Warner Cable is round one, AT&T and DirecTV might be round two.

The Wall Street Journal reported on Wednesday night that AT&T has approached DirecTV, the largest satellite TV distributor in the United States, about a possible acquisition. The Los Angeles Times reported that "exploratory talks" are underway.

Shares of DirecTV surged nearly 6% in early trading Thursday on the reports.

A pairing of DirecTV's roughly 20 million TV subscribers with AT&T u-Verse's 5.7 million subscribers would rank No. 2 behind the combined Comcast and Time Warner Cable, which is expected to end up with almost 30 million subscribers if the merger receives government approval.

For all these companies, the same logic seems to prevail: having more subscribers will give them a stronger hand in determining how television and the Internet will be delivered to homes in the future.

AT&T and DirecTV declined to comment on Thursday. AT&T has also been the subject of numerous rumors about a tie-up with the country's other big satellite TV distributor, Dish Network, in the past. And DirecTV has also flirted with a possible merger with Dish. Comcast's mid-February announcement about merging with Time Warner Cable refocused attention on what the satellite distributors might do.

Randall Stephenson, the chief executive officer of AT&T, has also been paying attention. He recently called the Comcast-Time Warner Cable combination "a blockbuster deal" and an "industry redefining deal from our standpoint."

He said the combination "creates an impressive business" and predicted that government regulators would eventually approve the merger.

But does AT&T need a "blockbuster" deal of its own? On Thursday, veteran industry analyst Craig Moffett expressed skepticism. After all, there were also some rumors last year that AT&T might want to buy British telecom giant Vodafone.

"It feels to me like strategy by process of elimination -- first Vodafone, then Dish, now DirecTV -- rather than by a disciplined strategy of acquiring the right set of assets to compete. That is usually a terrible way to build a company," Moffett said in an email message. "It could probably be approved, but if you're AT&T, be careful what you wish for."

Still, other AT&T rivals may be looking to team up as well. Shares of T-Mobile and Sprint were both up sharply Thursday following new reports that Sprint may try and make an offer for T-Mobile. Rumors about such a deal have been circulating for months. And a tie-up between the third and fourth largest wireless carriers in the U.S. would certainly put more pressure on AT&T as well as Verizon.

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