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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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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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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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Oil rises to near $105 on demand prospects

The Associated Press

Oil rose to near $105 a barrel Tuesday on expectations for rising demand as the global economy strengthens.

Benchmark U.S. oil for July delivery was up 37 cents to $104.78 a barrel at 0750 GMT in electronic trading on the New York Mercantile Exchange. It soared $1.75 to close at $104.41 on Monday and is now at its highest since early April.

Recent economic indicators that suggest stronger global growth include Japan raising its January-March GDP number, a fourth month of solid hiring in the U.S. and China's export growth accelerating in May.

Adding to upward pressure on oil prices are talks on the Ukraine crisis, which started Sunday in Kiev between Ukraine, Russia, and the Organization for Security and Cooperation in Europe. The talks were expected to continue daily, but there is no sign so far of an immediate resolution.

Brent crude, a benchmark for international oils, inched up 1 cent to $109.16 a barrel in London.

In other energy futures trading on Nymex:

— Wholesale gasoline rose 0.4 cent to $2.988 a gallon.

— Natural gas fell 0.2 cent to $2.893 per 1,000 cubic feet.

— Heating oil added 0.2 cent to $2.893 a gallon.

 

 

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