Rob Heidrick
Stories
Gannett Company bought Belo Corporation, the Dallas-based television media company, for $1.5 billion. This makes Gannett the third-largest local station owners in America, behind CBS and News Corp.
The convenience store chain, which has its U.S. headquarters in Dallas, plans to double the number of North American locations.

Plus Apple will open a Texas factory, and NASA has selected an Austin company to develop a 3-D printer that can produce food for astronauts.

Texas is likely to become a top state for unmanned drone aircraft production in the next two decades, according to a new analysis by Fortune.

South Texas inches closer to becoming the home of the world’s first “commercial Cape Canaveral” after legislators pushed forward a bill that helps clear the way for construction of a spaceport on the Gulf Coast.

Scenes for Transformers 4 will be filmed in Central Texas, bringing millions to the local economy.
Did you know lawmakers killed the state lottery this week? But no need to rush out and buy a roll of scratch-offs; legislators reconvened and approved a measure to keep the Texas Lottery Commission another decade.

Houston has some of highest funeral costs, Tesla Motors wants to sell electric cars directly to customers, J.C. Penney's embattled CEO was fired, and more.

Some think the state should lessen its 14 percent tax on mixed drinks for bars that present live music more than four times a week.

Proposed legislation would limit microbreweries' ability to distribute their product.

Plus, floundering J.C. Penney hired Sergio Zyman, the man who introduced one of Coca-Cola's most successful products (Diet Coke)—and one of its least successful (New Coke).

Some analysts predict the deal could be bad news for leisure travelers, especially those in smaller markets.
Tightening the budget means the Lege may reduce film incentive spending by nearly $30 million, a decision that could end up costing millions in economic impact.


