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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Taking the Cake: Sundance had pursued Cheesecake Factory for many years

The Cheesecake Factory had been on the white board over at Sundance Square management for some time

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Fort Worth businessman to lead Abbott, Patrick inauguration efforts

Fort Worth businessman Ardon Moore will chair the committee running inauguration festivities for Gov.-elect Greg Abbott and Lt. Gov.-elect Dan Patrick in January, it was announced on Friday.   Moore, president of Lee M. Bass Inc. in Fort Worth, is a vice chairman of the University of Texas Investment

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Hillwood: Walmart plans Alliance expansion

A. Lee Graham

lgraham@bizpress.net

Walmart.com’s e-distribution center at Alliance is expanding. According to Mike Berry, president of Hillwood Properties, Walmart wants more space for its 800,000-square-foot facility that opened late last year.
“They’re getting ready to expand. They’re trying to keep up with Amazon with e-commerce,” said Berry, while not revealing specifics. “Walmart is the one that’s trying to catch up. They’re on a very aggressive path to try to grow their e-commerce platform.”
Speaking at a May 28 Society of Commercial Realtors Breakfast at Colonial Country Club, Berry expressed uncertainty about the local impact of the $5 billion effort to expand the Central American canal. Since 1914, the canal has allowed shippers much quicker passage between Pacific and Atlantic oceans than navigating south around the South American continent.
The expansion project is expected to reach fruition in 2015.


For the first time since its opening a century ago, the 48-mile channel will double its capacity with two new sets of locks, or equipment allowing ships to be raised or lowered between stretches of water of varying levels.
Currently, the existing ship lane is not deep or wide enough to accommodate the larger vessels. A new lane will allow ships three times larger than vessels currently moving through the canal.
So what’s Hillwood’s stake in a multibillion-project so far south of the United States? That rests with imports and exports passing through North Texas and whether volumes will rise or fall when the expanded canal opens.
Los Angeles and Long Beach ports in California, which regularly ship goods to AllianceTexas, are among ports nationwide in retrofit mode, with some requiring millions of dollars to fulfill dredging and other strategies to accommodate the larger vessels and make their ports competitive with the expanded canal.
While some fear the canal will steer traffic away from those ports, others aren’t so sure.
“Is it a threat or an enhancement?” said Berry, skeptical that the expansion will boost the volume of imported goods while hopeful that it could boost U.S. natural gas exports to Europe and Japan.
 

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