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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Hilton Fort Worth named to Historic Hotels

The Hilton Fort Worth is one of 24 hotels named a member of the Historic Hotels of America, the Washington, D.C.-based group announced on Nov. 18.

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Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

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Oil jumps to nearly $104 as Ukraine crisis spirals 


The Associated Press

The price of oil continued to climb on Friday, reaching nearly $104 a barrel on concerns that the tensions over Ukraine and new sanctions against Russia could disrupt global supplies.

Benchmark U.S. crude for August delivery was up 51 cents to $103.94 in electronic trading on the New York Mercantile Exchange. The contract jumped $1.99 the previous day to close at $103.19.

Brent crude for September delivery, a benchmark for international oils, rose 43 cents to $108.62 on the ICE exchange in London.

A series of geopolitical events pushed prices higher by raising concern that oil supplies could become tighter, even though no disruptions were imminent.

The Obama Administration announced new sanctions against Russian energy companies late Wednesday, including against Rosneft, Russia's biggest oil producer. While analysts say the stiffer sanctions are unlikely to cause any dip in production or exports in the short term, they could prevent or delay future exploration and production.

The crash of a Malaysian Airlines passenger plane over Ukraine, which Ukrainian officials said was shot down, raised the risk of a sharper conflict between Ukraine and Russia that could lead to even tighter Western sanctions against Moscow. And fighting in the Gaza strip intensified after a shaky cease-fire expired, yet another source of turmoil in the Middle East, the world's most important oil-producing region.

In other Nymex trading:

— Wholesale gasoline added 0.5 cent to $2.862 a gallon.

— Natural gas rose 0.6 cent to $3.96 per 1,000 cubic feet.

— Heating oil rose 0.7 cent to $2.879 a gallon.

 

 

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Midterms
What was the message of the midterm elections?