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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Oil boom pumping cash into UT and Texas A&M

DALLAS (AP) — Texas' oil boom is pumping cash into the state's largest universities, giving them a financial windfall they're using for new construction while also trying to keep tuition affordable.

The Dallas Morning News reports the endowment for the University of Texas and Texas A&M University systems has grown by about 70 percent over the past five years. Gushing oil revenue has put about $1 billion a year into the Permanent University Fund.

That kind of growth been noticed in Austin. Gov. Rick Perry cited the dramatic boost last month when he urged University of Texas System regents not to raise tuition rates.

The board responded by not raising tuition next year for in-state students. The board promised to look for other sources of money that the schools say they need.
 

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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?