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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 extends gains above $102 on demand outlook


The Associated Press

The price of oil extended gains above $102 a barrel Monday on forecasts of higher global demand.

Benchmark U.S. crude for June delivery was up 16 cents to $102.18 a barrel at 0620 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 52 cents Friday to close at $102.02 and gained about 2 percent for the week.

Brent crude for July delivery, a benchmark for international oil, was up 41 cents to $110.15 on the ICE exchange in London.

The Commerce Department said Friday that U.S. housing construction surged to its highest pace in six months and the International Energy Agency in Paris raised its forecast for global crude demand.

Also underpinning energy prices are the tensions in Ukraine and the possibility they might disrupt Russian supplies.

In other energy futures trading in New York:

— Wholesale gasoline rose 1.7 cents to $2.972 a gallon.

— Natural gas added 1.5 cents to $4.428 per 1,000 cubic feet.

— Heating oil gained 1 cent to $2.959 a gallon.

 

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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?