Join The Discussion

 

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.

read more >

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.

read more >

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.

read more >

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.

read more >

Fort Worth TIF approves incentives for Westchester Plaza redevelopment, second 217-unit apartment property

A California REIT plans to buy the 50-year-old Westchester Plaza, demolish it, and redevelop the site with apartments, retail, medical-office, and parking.

read more >

Oil prices rise after China growth ticks higher 


The Associated Press

Oil prices rose Wednesday after China reported a slight improvement in economic growth for the second quarter that allayed fears its slowdown was continuing.

Benchmark U.S. crude for August delivery was up 62 cents at $100.58 a barrel at 0720 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 95 cents to $99.96 on Tuesday.

Prices have fallen in recent weeks as Libya neared an increase in production and after worries about supply disruptions from Iraq faded. But stronger economic growth in China, the world's top oil importer, could increase its demand for crude.

China's growth rose to 7.5 percent in the April-June quarter from 7.4 percent in the first quarter, suggesting that the government's mini-stimulus measures had a positive effect.

Brent crude, a benchmark for international oils, gained 41 cents to $107.29 on the ICE exchange in London.

In other Nymex trading:

— Wholesale gasoline added 1.2 cents to $2.88 a gallon.

— Natural gas gained 0.5 cent to $4.102 per 1,000 cubic feet.

— Heating oil rose 0.5 cent to $2.874 a gallon.

 

 

< back

Email   email
hide
Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?