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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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Oil gains on China export growth, solid US jobs


The Associated Press

Oil prices rose Monday after China's exports rose in May, auguring stronger demand from manufacturers in the world's second-largest economy.

Benchmark U.S. oil for July delivery was up 16 cents to $102.82 a barrel at 0615 GMT in electronic trading on the New York Mercantile Exchange. The contract closed Friday up 18 cents at $102.66.

Brent crude, a benchmark for international oils, was up 9 cents to $107.95 a barrel in London.

China reported Sunday that exports rose 7 percent in dollar terms in May, up from a 0.9 percent increase in April that followed a slump in February and March.

Although imports fell, suggesting weaker demand within China, the surge in exports reinforced confidence that the U.S. and European recoveries will drive stronger demand for commodities, including oil.

U.S. employment figures released Friday also suggested stronger demand for oil. Employers added 217,000 jobs during May, the fourth straight month of decent growth.

In other energy futures trading on Nymex:

— Wholesale gasoline was up 0.3 cent at $2.942 a gallon.

— Natural gas rose 2.2 cents to $4.732 per 1,000 cubic feet.

— Heating oil was little changed at 42.871 a gallon.

 

 

 

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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?