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Fort Worth-based Assent Aeronautics, an emerging brand of private airplane brokerage and management, released the value of the aircraft that will be offered in the company’s live auction Dec. 12-14, 2019. This is the first in a quarterly series of live, private luxury aircraft auctions held …

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Brad Hunstable, a Texas-native and graduate of the United States Military Academy at West Point, previously built a video streaming platform called Ustream, which he sold to IBM for $150 million. Now, with the help of a technology invented by his father Fred Hunstable, he has developed an en…

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The ongoing trade war with China and slowing industrial production continue to weigh on railroad traffic.

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Roger Penske was a car-loving, 14-year-old who regularly listened to the Indianapolis 500 on the radio when his father landed tickets to the 1951 race. They made the trek from Cleveland, and when Penske saw the cars zipping around Indianapolis Motor Speedway at 200 mph he fell instantly in love.

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General Electric soared 12% after the industrial conglomerate raised its projections for a key measure of profitability. The company has been shedding billions of assets in a restructuring program under CEO Larry Culp, who took over last year after John Flannery was forced out. The goal is t…

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The F-35 Joint Program Office and Lockheed Martin (NYSE: LMT) finalized a $34 billion agreement for the production and delivery of 478 F-35s including 149 for Lot 12, 160 for Lot 13 and 169 for Lot 14, the Defense Department and Lockheed announced on Oct. 29.

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The F-35 Joint Program Office and Lockheed Martin (NYSE: LMT) finalized a $34 billion agreement for the production and delivery of 478 F-35s including 149 for Lot 12, 160 for Lot 13 and 169 for Lot 14, the Defense Department and Lockheed announced on Oct. 29.

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Fifty years ago, Fort Worth was abuzz with reported sightings of the Lake Worth Monster. Although the creature —described as a hairy, scaly 7-foot-tall man-goat-beast — has not been seen regularly since that memorable summer of 1969, Fort Worth residents can attend Monster Bash to celebrate …

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Harley-Davidson shares jumped to a six-month high after the iconic motorcycle builder reported better-than-expected third-quarter profit and said it’s on track to hit its full-year goals. The Milwaukee-based manufacturer made 70 cents a share in the quarter, eight cents less than a year earl…

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The long grounding of the Boeing 737 Max threatens to weigh on airline cost structures into next year. Airlines slice and dice their revenue and costs by the money it takes to fly one seat — sold or empty — exactly one mile. By that measure, United Airlines’ costs other than fuel rose 2.1% i…

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SYDNEY (AP) — Australia's Qantas on Sunday completed the first non-stop commercial flight from New York to Sydney, which was used to run a series of tests to assess the effects of ultra long-haul flights on crew fatigue and passenger jetlag.

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Southlake-based Sabre Corp. (NASDAQ: SABR), a travel technology provider, on Oct. 16 announced its acquisition of Radixx, an airline retailing software provider with an established presence in the low cost carrier (LCC) space. LCCs have grown twice as fast as full-service carriers over the p…

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DETROIT (AP) — On the picket lines at a General Motors transmission plant in Toledo, Ohio, passing cars honked and striking workers celebrated a tentative contract deal by munching on 10 pizzas dropped off by a supporter.

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Tesla sold a record 97,000 vehicles last quarter. Now Wall Street wants to know if it’s making enough per vehicle to stem losses and create sustained profits. Wall Street analysts doubt it. Those polled by FactSet don’t expect Tesla to make even a small profit until the final three months of…

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General Motors continued its weekslong slide as contract negotiations with striking United Auto Workers hit another snag. The automaker’s stock is down nearly 11% since workers headed to picket lines on Sept. 16. It was down slightly more than the broader market on Monday. The latest dispute…

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A re-organization within the management ranks of the Trinity River Vision Authority eliminated the position of executive director, shifting J.D. Granger into a new, flood-control focused role within the agency’s parent organization.

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BOISE, Idaho (AP) — More than two dozen major companies ranging from Campbell’s Soup to Kia sued the nation’s four biggest railway companies, contending they had a price-fixing scheme to illegally boost profits.

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DALLAS (AP) — UPS has won government approval to operate a nationwide fleet of drones, which will let the company expand deliveries on hospital campuses and move it one step closer to making deliveries to consumers.

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At Tuesday's work session, the Fort Worth City Council received the second part of a presentation on the Transit Moves Fort Worth Master Plan. They received the first part of the presentation at the Sept. 17 work session.