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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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Global oil under $114 as Iraq supply worries ease


The Associated Press

The price of global crude dipped under $114 Thursday as fears diminished somewhat over supply disruptions from Iraq while U.S. oil extended gains on looser U.S. export controls.

Benchmark U.S. crude for August delivery rose 25 cents per barrel on the New York Mercantile Exchange. The contract rose 47 cents to settle at $106.50 on Wednesday. Brent crude, used to price international oils, eased 7 cents to $113.93 a barrel in London.

U.S. crude is rising after the Obama Administration opened the door to more oil exports by permitting some light oils to be defined as petroleum products like gasoline or diesel, which aren't subject to export restrictions. Analysts said the changes could add up to 1.1 million barrels of potential exports.

Brent crude edged lower from nine-month highs reached earlier this week. While concerns linger about violence in Iraq affecting global crude supplies, oil production and exports from the giant fields clustered in the country's south remain unaffected. July exports are expected to average about 2.57 million barrels per day, Platts forecasts.

In other energy futures trading on the Nymex:

— Wholesale gasoline barely budged $3.07 a gallon.

— Natural gas rose 2.3 cents to $4.58 per 1,000 cubic feet.

— Heating oil fell 0.1 cent to $3.037 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?