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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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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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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Oil rises on industry data showing stockpile fall


The Associated Press

The price of oil rose Wednesday after industry data showed a decline in U.S. supplies.

Benchmark U.S. crude for June delivery was up 59 cents at $100.09 a barrel at 0605 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 2 cents to close Tuesday at $99.50.

Brent crude, a benchmark for international varieties of oil, rose 22 cents to $107.28 on the ICE exchange in London.

American Petroleum Institute data on Tuesday showed a decline in U.S. crude stocks for last week, which might reflect increased demand.

Traders are now looking to Energy Department figures on U.S. crude stockpiles, due later Wednesday, to confirm or debunk the API data.

The data for the week ending May 2 is expected to show an increase of 1.3 million barrels in crude oil stocks and a draw of 900,000 barrels in gasoline stocks, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Tension between Russia and Western nations over the fate of Ukraine's restive eastern regions has kept upward pressure on prices in recent weeks.

In other energy futures trading on Nymex:

— Wholesale gasoline dropped 0.8 cent to $2.878 a gallon.

— Heating oil added 0.6 cent to $2.894 a gallon

— Natural gas slipped 1.4 cents to $4.785 per 1,000 cubic feet.

 

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