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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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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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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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Oil falls as fear fades over Iraq conflict
 


The Associated Press

The price of oil fell Tuesday as fears receded that the insurgency roiling Iraq would affect its oil production and exports.

Islamic militants have been steadily expanding their grip on the country's north, where they control a broad swath of territory. But the bulk of the country's production and export operations are in the south, which have so far been spared in this month's advance by the al-Qaeda inspired group. Iraq's daily oil production hit 3.5 million barrels this year, up from nearly 2.4 million a day in 2009.

Benchmark U.S. crude for August delivery dropped 46 cents to $105.71 per barrel on the New York Mercantile Exchange. The contract dropped 66 cents to settle at $106.17 per barrel on Monday. Brent crude, used to price international oils, fell 30 cents to $114.82 a barrel in London.

"Brent crude oil fell after hitting technical resistance at overbought levels," said Desmond Chua, market analyst at CMC Markets in Singapore. "This should signal a period of consolidation as the majority of the geopolitical premium has been priced in, unless we see new risk of disruptions to oil supplies in Iraq."

In other energy futures trading on the Nymex:

— Wholesale gasoline slipped 0.5 cents to $3.07 a gallon.

— Natural gas rose 0.7 cent to $4.453 per 1,000 cubic feet.

— Heating oil fell 0.3 cent to $3.038 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?