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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Cheesecake Factory gets ready to serve; Sundance tree lighting set

The Cheesecake Factory at Sundance Square will open on Dec. 9, officials with Sundance announced today. The 8,800-square-foot restaurant - being built in the

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Oil steady at $102 after China, US data

 

The Associated Press

The price of oil was steady near $102 a barrel Tuesday after an improvement in Chinese manufacturing was offset by reduced consumer spending in the U.S.

Benchmark U.S. oil for July delivery was down 7 cents to $102.40 a barrel at 0900 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 24 cents to $102.47 on Monday.

Brent crude, a benchmark for international oils, was down 31 cents to $108.52 a barrel in London.

Energy demand from China was likely to stay solid as a second survey confirmed that China's manufacturing improved last month. But there were still worrying signs for the U.S. economy as a government report showed last week that Americans unexpectedly spent less in April, a possible drag on growth.

The HSBC index, based on a survey of Chinese factory purchasing managers, climbed to 49.4 last month from 48.1 in April. On Friday, the U.S. Commerce Department said consumers cut back on spending in April for the first time in a year.

In other energy futures trading on Nymex:

— Wholesale gasoline dipped 0.7 cent to $2.943 a gallon.

— Natural gas slipped 1.5 cents to $4.597 per 1,000 cubic feet.

— Heating oil fell 0.7 cent to $2.87 a gallon.

 

 

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