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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Cheesecake Factory gets ready to serve; Sundance tree lighting set

The Cheesecake Factory at Sundance Square will open on Dec. 9, officials with Sundance announced today. The 8,800-square-foot restaurant - being built in the

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Oil prices ease but remain elevated


The Associated Press

Oil prices fell further Monday as concern about Ukraine eased but still were elevated on anxiety about the Middle East.

Prices rose last week on fears stemming from the escalating crisis in Ukraine and Israel's offensive in Gaza, though analysts said the likelihood of disruption in supplies was small.

Benchmark U.S. crude for August delivery was down 32 cents to $102.81 per barrel at 0730 GMT in electronic trading on the New York Mercantile Exchange. That added to a 6 cent decline on Friday to $103.13.

Brent crude for September delivery, a benchmark for international oils, gave up 30 cents to $106.94 on the ICE exchange in London.

Washington announced new sanctions last Wednesday on Russia, including its biggest oil company, over Moscow's support for separatist forces in Ukraine.

On Thursday, a Malaysia Airlines jetliner was shot down in Ukraine, raising concern a possible Western response might disrupt Russian oil exports, but those fears have eased.

Israel's offensive into Gaza intensified turmoil in the Middle East, the world's most important oil-producing region, rattling markets.

In other Nymex trading:

— Wholesale gasoline fell 0.3 cent to $2.838 a gallon.

— Natural gas fell 7.8 cents to $3.873 per 1,000 cubic feet.

— Heating oil gained 0.4 cent to $2.862 a gallon.

 

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