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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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First Titan announces Texas oil and gas acquisitions

 

A. Lee Graham
Reporter

First Titan Corp. is close to acquiring a working interest in about 1,000 acres in Hardin County near Beaumont in East Texas that include petroleum-producing assets.
According to the Bradenton, Fla.-based company, the property could make a profitable addition to its Texas portfolio, which currently includes assets in Terrell County.
“FTTN (First Titan) has plans to capitalize on the incredible growth in Texas oil production as increasing global demand for oil as well as innovations in drilling technology have turned the state’s once-sluggish oil industry into a booming success,” reads part of a company news release.
The company pointed to a recent report in the Wall Street Journal chronicling Texas’ strong energy production growth model, which is outperforming states such as California by a wide margin.
Texas has doubled its oil output since 2005 to pump out nearly two million barrels a day this year, almost 30 percent of total U.S. production.
“That huge number means that Texas is now producing as much oil as the four next-largest producing states combined,” First Titan said. According to Texas Railroad Commissioner Barry Smitherman, who also serves as oil commissioner, the state’s “total (oil) production could double by 2016 and triple by the early 2020s.”
First Titan Corp., through its wholly owned subsidiary, First Titan Energy LLC, develops oil and natural gas resources worldwide. More information is available at www.firsttitanenergy.com.
 

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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?