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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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Railroad Commission of Texas: Can't tie water contamination to drilling

HOUSTON (AP) — The amount of explosive gas tainting a North Texas neighborhood's water supply has increased in recent years, but the state's oil and gas regulator says it can't link the methane to drilling activity nearby, according to a report it released Wednesday.
The state Railroad Commission has found that the contamination has gotten worse in most of the private water wells it tested in September 2013 compared with what was measured in 2010 and in 2011. However, Peter Pope, the agency geologist who signed off on the report, wrote that staff "has determined that the evidence is insufficient to conclude that Barnett Shale production activities have caused or contributed to methane contamination beneath the neighborhood."
The agency will not investigate further, Pope added in the report dated Friday. He suggested that infuriated residents of the subdivision in Weatherford, a suburb about 30 miles west of Fort Worth, "properly ventilate and aerate their water systems."
Methane is not toxic, but can be explosive under certain conditions.


The agency's report contradicts findings by independent scientists who have done fingerprint-like analysis of the methane in the water wells and compared it to those being produced by a gas driller. Those scientists have said that the methane originates from a well that was once owned by Fort Worth-based Range Resources. The U.S. Environmental Protection Agency reached a similar conclusion in 2010 and took rare emergency action ordering Range to provide the homeowners with clean water.
Range Resources has repeatedly denied the allegation and said its testing does not link the methane in the water supply to the gases it produced.
"It's not at all surprising that yet another round of regulatory investigations have determined that gas is naturally present in the Trinity aquifer and is in no way associated with Range's operations," Range Resources spokesman Matt Pitzarella said in an email Wednesday.
But Rob Jackson, a Duke University professor who specializes in isotopic analysis and has conducted this fingerprint testing on the water in the neighborhood, said he was surprised by the agency's decision not to do further testing.
"Based on their own data, five of eight water wells show increasing methane concentrations through time," Jackson said in an email.
The Railroad Commission said it compared its 2013 tests to those taken in 2010 and later by Range Resources. That is how it determined that the methane levels had increased, but as it concluded in 2011, it again found no link to the gases in the well that had been operated and previously owned by Range Resources. It reopened the investigation in 2013 after receiving complaints from several more homeowners about contaminated water.
 

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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?