Energy Dept. backs Texas LNG export plan

| |Friday, May. 17, 2013

The Energy Department on Friday conditionally approved a Texas company's proposal to export liquefied natural gas, only the second such project allowed to move forward amid a production boom that has led to glut of domestic natural gas.

Mike Ullman vows turnaround for J.C. Penney but says it will take time

| |Friday, May. 17, 2013

The returning CEO says J.C. Penney will regain shoppers by bringing back popular private-label products and sales.

Summer job market is much sunnier for students

| |Friday, May. 17, 2013

Jobs are available, but students should apply in the next two weeks to land a spot.

Texas unemployment rate stays at 6.4% in April

| |Friday, May. 17, 2013

Statewide, employers added 33,100 jobs, including 3,100 in Fort Worth-Arlington.

Trademark buying Lockheed Martin recreation land for new development

| |Thursday, May. 16, 2013

Lockheed Martin Recreation Association, which is selling 63 acres and keeping 16 acres, has had the property listed since 2009 because of declining use by employees.

J.C. Penney posts big first-quarter loss

| |Thursday, May. 16, 2013

The company, which fired CEO Ron Johnson last month, blamed the declines on its former chief’s ill-fated marketing and pricing strategies.

Oncor Electric Delivery says expansion is limited by parent company’s debt

| |Thursday, May. 16, 2013

Oncor Electric Delivery has reduced dividend payments to its troubled parent, Energy Future Holdings, to continue funding transmission line projects.

US housing starts fell in April but permits surged

| |Thursday, May. 16, 2013

U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to month.

Three AMR executives sell shares from options

| |Friday, May. 17, 2013

AMR’s shares had risen more than 400 percent since the US Airways merger announcement.

US jobless claims jump to highest level in 6 weeks

| |Thursday, May. 16, 2013

The number of Americans seeking unemployment benefits rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump came a week after applications had reached a five-year low.