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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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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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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?