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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Riverside: Developer sees revitalization with apartments, townhomes driving commercial projects

A Dallas developer is seeking to rezone more than 18 acres in Fort Worth’s Riverside area overlooking Oakhurst Scenic Drive, the Trinity River and downtown, with plans to build as many as 400 apartments and townhomes aimed at renters who want to live in or near the central city. D

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

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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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