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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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Think Finance restructures, spins off Elevate

Fort Worth-based Think Finance, a provider of analytics and technology services for lenders, said May 1 it is restructuring its business and will create a new company to manage its portfolio of consumer lending products.


The new independent company, called Elevate, will own Think Finance’s branded products, including RISE, Elastic and Sunny. Elevate will continue creating new consumer credit solutions while Think Finance will remain focused on providing analytics and technology services to third-party lenders.


Ken Rees, former CEO of Think Finance, will lead Elevate. Martin Wong, previously chief integrity officer of Think Finance, has been promoted to CEO of Think Finance.
Elevate is privately held and is backed by Silicon Valley venture capital firms including Sequoia Capital and Technology Crossover Ventures.

Betty Dillard
bdillard@bizpress.net
 

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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?