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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

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Film official: Incentives keep Texas in picture

AUSTIN, Texas (AP) — The director of the Texas Film Commission says incentives used to reimburse production companies are helping lure them to the Lone Star State.

Director Heather Page told a House panel Wednesday that legislation last year allowed the commission to raise its refund rate for production costs by 5 percent.

The reimbursements go toward entertainment companies that hire Texans and spend money in the state. While the rate isn't as high as other states, Page says it's enough to keep Texas competitive.

She says Texas has provided $128 million in incentives over the past seven years.

But Warner Bros. Entertainment executive Michael Walbrecht testified that Texas will have to boost its incentives to be more competitive. He says Texas is doing "just enough" to get filmmakers to come to the state.

 

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