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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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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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Cheesecake Factory gets ready to serve; Sundance tree lighting set

The Cheesecake Factory at Sundance Square will open on Dec. 9, officials with Sundance announced today. The 8,800-square-foot restaurant - being built in the

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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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