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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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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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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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Fort Worth man faces 20 years for oil and gas scheme

FORT WORTH, Texas (AP) — A North Texas man faces up to 20 years in prison in an oil and gas Ponzi scheme that attracted nearly $6 million in investments before he fled to Oregon.

Jeffrey Watts of Fort Worth pleaded guilty Wednesday to wire fraud.

The 41-year-old Watts was charged in March and arrested in May in Eugene, Oregon. He faces sentencing later this year in Fort Worth.

Investigators say Watts since 2011 ran a scheme to defraud oil and gas investors. He presented himself as founder of a company named Blue Alpha Energy and claimed making investments with another legitimate firm, but instead funneled the money to sham accounts and businesses.

Prosecutors say Watts received nearly $5.8 million from about 45 investors before several learned that no legitimate energy deals existed.
 

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