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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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Fort Worth TIF approves incentives for Westchester Plaza redevelopment, second 217-unit apartment property

A California REIT plans to buy the 50-year-old Westchester Plaza, demolish it, and redevelop the site with apartments, retail, medical-office, and parking.

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Dallas still in running for GOP convention

Mark Preston and Ashley Killough

CNN

(CNN) -- The Republican National Committee announced Thursday that Las Vegas and Cincinnati are no longer in the running as potential hosts for the 2016 GOP convention.

Cleveland, Dallas, Denver, and Kansas City are still in contention to host the convention where Republicans will officially choose their presidential nominee.

Site Selection Committee Chairwoman Enid Mickelsen said that Cincinnati and Las Vegas withdrew their bids.

"While the committee understands their decision, both cities made a compelling case for 2016 and would make excellent hosts should they pursue efforts to host a future RNC convention," Mickelsen said in a statement.

The RNC said Cincinnati dropped out of the process "based upon the criteria set forth by the RNC for the main arena" and Las Vegas withdrew based on criteria for an arena and "enough on-site preparatory time to accommodate the 2016 convention."

Representatives from each of the cities have been courting the RNC's Site Selection Committee for the past few months, making their formal pitches in March.

RNC staff visit each of the cities, and members of the Site Selection Committee are expected to choose the host city by late summer or early fall.

For a city, a convention is a costly affair as the host is expected to raise upwards of $60 million to help pay for it. But if managed correctly, a convention pays off as the surrounding communities are flooded with as many as 50,000 new visitors and the area is showcased on an international stage for weeks leading up to the event.

A number of factors are considered as the Site Selection Committee determines which city will hold the convention, including the ability to raise money, adequate infrastructure, public perception, potential electoral benefits, and ease of transporting delegates and visitors to and from the convention hall.

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