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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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Federal hearings this week on ship channel spill
 


MICHAEL GRACZYK, Associated Press

GALVESTON, Texas (AP) — The U.S. Coast Guard and National Transportation Safety Board are opening a week of hearings into the collision of a barge and a freighter that spilled nearly 170,000 gallons of fuel oil into the Houston Ship Channel earlier this year.

No injuries were reported from the March 22 collision on the busy waterway between Texas City and Galveston. But the spilled oil coated shoreline on the southern end of Galveston Bay and flowed into the nearby Gulf of Mexico. Oil traces were found more than 200 miles down the coast on North Padre Island.

The accident also snarled traffic for five days on the ship channel, which serves the nation's largest petrochemical complex.

The hearings starting Monday aren't intended to determine blame and no conclusions are to be released immediately.

 

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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?