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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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Oil higher as Ukraine rebels escalate conflict 


The Associated Press

The price of oil edged higher Tuesday on worries over potential supply disruptions after pro-Russian rebels escalated the Ukrainian conflict by occupying a major airport, just hours after a billionaire businessman won Ukraine's presidential election.

Prices had fallen after Ukraine's president-elect, Petro Poroshenko, said Monday he wanted talks with Moscow on ending the insurgency in the country's east.

Benchmark crude for July delivery was up 5 cents to $104.40 a barrel at 0625 GMT in electronic trading on the New York Mercantile Exchange. Due to a U.S. public holiday, the contract last settled on Friday, when it closed at $104.35.

Brent crude, a benchmark for international oils, gained 41 cents to $110.73 on the ICE exchange in London.

Ukraine is a key conduit for Russian gas deliveries to Europe. A proposed solution to a dispute over Ukrainian natural gas debts to Moscow raised hopes that a supply cutoff would be averted. Russia's acceptance of Poroshenko's victory was also regarded as a sign of easing tensions.

The resurgence of fighting, as the government in Kiev responded with an airstrike to the rebels' occupation of the airport in Donetsk, a city of about 1 million in eastern Ukraine, underscored the uncertainties that remain.

In other energy futures trading in New York.

— Wholesale gasoline was down 0.2 cent at $3.005 a gallon.

— Natural gas shed 1.5 cents to $4.39 per 1,000 cubic feet.

— Heating oil gained 1 cent to $2.965 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?