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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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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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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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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 Tech chancellor tapped for Fort Worth-based firm's board

Longtime former politician and attorney Kent R. Hance, current and retiring chancellor of the Texas Tech University System, has been elected to the board of directors of Carlile Bancshares Inc. in Fort Worth.
Hance, 71, became Texas Tech’s third chancellor in December 2006. During his tenure, he has elevated the university’s system to its highest historic enrollment, and led a capital campaign that raised more than $1 billion for the university.
Hance, who will become chancellor emeritus after his retirement at the end of July, plans to return to his Austin law firm of Hance Scarborough LLP. In addition to his administration law practice, he provides an extensive background in oil and gas and energy-related law.


Hance’s public service includes serving as a state senator, and later as a U.S. Congressman for the 19th District, where he passed President Ronald Reagan’s tax cut in 1981, the largest in the history of the nation. Hance also served on the Texas Railroad Commission from 1987 to 1991, serving as its chairman in 1989-1990.
A native of Dimmitt, Texas, Hance earned a business degree from Texas Tech University and a law degree from the University of Texas School of Law. He and his wife, Susie, who is also an attorney, will reside in Austin. They have five children and seven grandchildren.
Carlile Bancshares Inc. is a multi-bank holding company with 49 banks currently in Texas and Colorado. Carlile’s combined assets total $2.3 billion, including the recent acquisition of Community Bank in Fort Worth.

Betty Dillard
bdillard@bizpress.net


 

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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?