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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 little changed ahead of US data, holiday 


The Associated Press

Oil prices were little changed Friday ahead of U.S. home sales data and the Memorial Day holiday weekend.

Benchmark U.S. crude for July delivery was up 3 cents to $103.71 a barrel at 0800 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 33 cents to close Thursday at $103.74.

Traders are waiting for a U.S. Commerce Department report on sales of new homes in April, expected later Friday, which may show a healthy American economy. That could help lift energy prices.

Oil reached a one-month high Wednesday of $104.07 a barrel after a U.S. Energy Information Administration report showed that U.S. crude supplies dropped a bigger-than-expected 7.2 million barrels in the week ended May 16.

Tensions are continuing in the Ukraine, where on Thursday the deadliest raid yet on Ukrainian troops by pro-Russia insurgents killed 16 soldiers. The possibility of greater Western sanctions against Russia for its role in the crisis has underpinned oil prices.

Brent crude, a benchmark for international oils, added 2 cents to $110.35 on the ICE exchange in London.

In other energy futures trading in New York.

— Wholesale gasoline was little changed at $2.989 a gallon.

— Natural gas rose 1.6 cents to $4.375 per 1,000 cubic feet.

— Heating oil inched up 0.2 cent to $2.952 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?