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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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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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