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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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$60M Allen, Texas high school stadium closed by cracks

$60M Allen Eagle Stadium faces more troubles. Photo courtesy of Allen ISD

ALLEN, Texas (AP) — A $60 million high school football stadium that opened to massive fanfare in 2012 will be shut down for the upcoming season after cracks were found in the building's concrete concourse.

Administrators in Allen, Texas, northeast of Dallas, had hoped to have Eagle Stadium ready for this fall's games, but said further inspections found the structural problems will need significant repair. They insist the architectural firm and construction company will fund any repairs.

The district said Tuesday that both companies had offered $1 million each to allow repairs to begin, but that their insurance companies refused to make the payments.

"Our commitment to Allen students and taxpayers

remains firm that the stadium be repaired properly at the expense of those responsible for the failure: the architect and the builder," superintendent Lance Hindt said in a statement.

Allen taxpayers approved a $119 million bond issue that included funding for the 18,000-seat stadium, with a high-definition video board, a second deck on one sideline and vendor stands hawking Chick-fil-A and Texas barbeque.

The facility is the flashiest example of the grandeur of high school football in Texas, where the "Friday Night Lights" have been glamorized in books, movies and television.

But the district had to close the stadium in February after extensive cracks were discovered in the concourse. An outside consulting firm hired by the district has found further building code violations, including parts of the stadium where seating capacity exceeds the legal maximum by more than 70 percent.

Allen, which won the Class 5A Division I state championship last year, will not sell football season tickets this year. It will host three "home" games at two stadiums in neighboring Plano and switch two other home games to road games.
 

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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?