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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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New safety rules proposed to curb oil train fires

WASHINGTON (AP) — Thousands of older rail tank cars that carry crude oil would be phased out within two years under U.S. regulations proposed Wednesday in response to a series of fiery train crashes over the past year, including a runaway oil train that exploded in the Quebec town of Lac-Megantic, killing 47 people.

Accident investigators have complained for decades that the cars are too easily punctured or ruptured, spilling their contents, when derailed.

The phase-in period for replacing or retrofitting the DOT-111 tank cars is shorter than the Canadian government's three-year phased plan. However, regulators left open the question of what kind of tank car will replace the old ones, saying they will choose later from among several proposals.

Besides oil, the proposed regulations would also apply to the transport of ethanol and other hazardous liquids. The regulations also apply only to trains of 20 or more cars, which would include most oil shipments.

The proposal also makes mandatory a 40 mph (64 kph) speed limit through urban areas that freight railroads had voluntarily agreed to earlier this year. Tank cars have ruptured in several accidents at speeds as low as 24 mph (38 kph). Regulators said they're considering lowering the speed limit to 30 mph (48 kph) for some trains that aren't equipped with more advanced braking systems.

The freight railroad industry had met privately with department and the White House officials to lobby for keeping the speed limit at 40 mph rather than lowering it. Railroad officials said a 30 mph speed limit would tie up traffic across the country because other freight wouldn't be able to get past slower oil trains, which are often 100 cars or longer.

Transportation Secretary Anthony Foxx also said the government's testing of crude oil from the Bakken region of North Dakota and Montana shows the oil is on the high end of a range of volatility compared with other crude oils, meaning it's more likely to ignite if spilled.
 

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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?