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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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Fort Worth launching Stockyards design task force

The task force, to be chaired by the Fort Worth architect Eric Hahnfeld, would be responsible for confirming the boundaries of the city's planned Stockyards design district and reviewing the work of a consultant.

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Fort Worth council approves tax abatement for Sprouts grocery in Ridglea

The abatement would be to VCB Property, which also won an abatement to build a strip retail center.

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Oil declines after China trade data


The Associated Press

The price of oil declined Thursday after China's monthly trade data showed subdued imports by the world's largest crude consumer.

Benchmark U.S. crude for June delivery was down 39 cents at $100.38 a barrel at 0920 GMT in electronic trading on the New York Mercantile Exchange. The contract rose $1.27 to close at $100.77 on Wednesday.

Brent crude, a benchmark for international varieties of oil, was down 48 cents to $107.65 on the ICE exchange in London.

China's customs data showed that imports rose 0.8 percent in April, improving from the previous month's 11.3 percent decline but still subdued. Exports rose 0.9 percent, a recovery from March's 6.6 percent fall. Weak imports reflect slowing Chinese economic growth, which declined to 7.4 percent in the first quarter of year.

The decline in the oil price comes after a big jump Wednesday, which stemmed from a surprise decline in U.S. crude stockpiles.

In other energy futures trading on Nymex:

— Wholesale gasoline added 0.1 cent to $2.92 a gallon.

— Heating oil was down 1.4 cents to $2.914 a gallon

— Natural gas slipped 0.1 cent to $4.734 per 1,000 cubic feet.

 

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