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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.

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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.

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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.

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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.

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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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