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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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Fort Worth Police association planning 25,000-square-foot offices

The POA, which recently demolished its one-story building at 904 Collier St. near downtown, is planning a five-story replacement.

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Oil price weakens ahead of China data

The Associated Press

The price of oil declined Monday as markets waited for the preliminary reading of China's manufacturing for June.

Benchmark U.S. crude for August delivery was down 56 cents to $105.18 a barrel at 0800 GMT in electronic trading on the New York Mercantile Exchange. The contract closed down 10 cents at $105.74 on Friday.

Brent crude, used to price international oils, slipped 62 cents to $112.68 a barrel in London.

Oil prices were steady going into the weekend as markets grew accustomed to news reports of violence in Iraq where the Iraqi government is trying to wrest back some of the territory it has lost to insurgents, Desmond Chua, a market analyst at CMC Markets in Singapore, said in a commentary. The price of oil rose in recent weeks as investors worried that the surge of violence in the oil-rich country would strain crude supplies.

Earlier on Monday, the extremist group that has seized much of Syria and Iraq declared the establishment of a new Islamic state and demanded allegiance from Muslims worldwide.

On Tuesday, a preliminary reading of Chinese factory activity will give investors the latest gauge of the slowdown in China, the world's biggest energy consumer.

In other energy futures trading on the Nymex:

—Wholesale gasoline drifted down 2.2 cents to $3.052 a gallon.

—Natural gas added 0.6 cent to $4.415 per 1,000 cubic feet.

—Heating oil was down 2.2 cents to $2.982 a gallon.

 

 

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