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Bridge collapse on I-35 north of Austin

SALADO, Texas (AP) — Emergency crews are responding to a reported bridge collapse along an interstate in Central Texas.

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Amazon begins Prime Now program in Dallas area

If you just have to have it now, as in one hour, you can, at least in the Dallas area, as Amazon.com Inc. announced Thursday it will offer Prime Now.

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Monty Bennett: Businessman, water district activist

Monty Bennett’s name will not appear on the ballot for the Tarrant Regional Water District board of directors yet he remains a powerful backstage player whose influence could shape the direction of the district’s business for years to come.

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Price appeal: Condos going up on Near Southside

Chris Brassard and Omar Diaz had apartments in mind when they built a 12-unit complex on May Street just south of West Magnolia Avenue on Fort Worth’s Near Southside. Then their leasing agent, Will Northern of Northern Realty Group, suggested they consider selling the units as condominiums.

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Texas jobless rate falls as employers add workers

Texas unemployment fell to 4.3 percent during February for the sixth straight month of declines, the Texas Workforce Commission reported Friday.

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Oil rises on Iraq conflict, upbeat China data


The Associated Press

HONG KONG (AP) — The price of oil rose Monday, with global crude hovering near a nine-month high, after Islamic militants captured more territory in Iraq and a report on Chinese manufacturing indicated that the No. 2 economy is on the mend.

In a blitz through Iraq's western desert over the weekend, the insurgents captured four towns and three border crossings on the country's frontiers with Jordan and Syria, greatly expanding territory under their control in the country's north.

"Any spillovers of fighting into the oil-producing southern parts of Iraq will likely take oil, in particular the Brent prices (already buoyed at US$115 a barrel) up by another leg," Mizuho Bank analysts in Singapore said in a report.

Brent crude, used to price international oils, jumped 63 cents to $115.44 a barrel in London, close to last Thursday's $115.71, its highest level since Sept. 9 last year.

Benchmark U.S. crude for August delivery rose 34 cents to $107.17 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 78 cents to settle at $106.83 on Friday.

The early version of HSBC's monthly China manufacturing survey showed activity expanded for the first time this year, indicating that the slowdown in the country's economy is bottoming out, which would lead to increased energy demand.

In other energy futures trading on the Nymex:

— Wholesale gasoline rose 1.5 cents to $3.11 a gallon.

— Natural gas dropped 0.6 cent to $4.53 per 1,000 cubic feet.

— Heating oil added 0.1 cent $3.0682 a gallon.

 

 

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