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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

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Fort Worth TIF approves incentives for Westchester Plaza redevelopment, second 217-unit apartment property

A California REIT plans to buy the 50-year-old Westchester Plaza, demolish it, and redevelop the site with apartments, retail, medical-office, and parking.

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Hutchison: Governments should invest in higher ed

 

URIEL J. GARCIA,Associated Press

 

 DALLAS (AP) — Former U.S. Sen. Kay Bailey Hutchison called for more funding for research universities on Tuesday amid a debate over whether higher education budgets should be cut.

The Republican said federal and state governments should make research universities a priority, calling government funding "the seed corn" for development.

"The federal government is retreating, but they've got to set the priorities," Hutchison said at an event for business and civic leaders at UT Southwestern Medical Center in Dallas. She added that if state support for higher education declined further, "pretty soon we're not going to be able to call them public universities."

Just under 30 percent of the operating sources for universities come from the state, according to Dominic Chavez, spokesman for the Texas Higher Education Coordinating Board.

University of Texas System Chancellor Francisco Cigarroa said in an interview that he was content with the state Legislature's work this year after lawmakers approved an expansion of the UT system's medical school to the Rio Grande Valley.

"What we want to do is to continue to put higher ed, and our research universities, front and center," he said.

He added that universities need to market positive results to those who wish to cut the institutions' budgets.

"We haven't been very good at telling our message, or the message has been missed," Cigarroa said.

Lawmakers and the UT board of regents have been mired in a battle over university research, particularly in the arts and humanities, where critics say money is wasted.



 

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What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?