The city lost its bid for the GOP convention and a chance to bring in millions in revenue.
Articles by Rob Heidrick
Jun 27, 2014 — By Rob Heidrick
Finance-minded crafters, take note: Michaels has gone public. This and other business news from around the state.
May 23, 2014 — By Rob Heidrick
Doesn't have quite the same ring to it, but NASA is considering relocating its backup mission control from Alabama to Bryan-College Station.
May 16, 2014 — By Rob Heidrick
A stock spike signals to investors that the beleagured retail chain is finally starting to see the ship turn.
May 2, 2014 — By Rob Heidrick
And they might pick up some local talent.
The award—a record high for a Justice Department environmental settlement—will go toward restoring sites harmed by uranium mining, chemical manufacturing, waste dumps, and other operations overseen by Anadarko’s subsidiary Kerr-McGee.
Houston, Dallas, and Fort Worth are working with the private transportation company Texas Central High-Speed Railway to pursue its goal of transporting riders between the Houston and DFW metro areas in about ninety minutes.
Mar 21, 2014 — By Rob Heidrick
The Richardson-based accessories maker will partner with Google as part of the tech company's play to get into wearable technology.
Feb 28, 2014 — By Rob Heidrick
Hundreds of ships navigate the 52-mile channel each day, requiring pilots to engage in a maneuver they have dubbed “the Texas Chicken,” in which “two ships to chart a course for a head-on collision, then swerve right, and use each other’s wave pressure to move safely past.”
Feb 14, 2014 — By Rob Heidrick
Trinity East Energy sues Dallas, Whole Foods' stock takes a dip, and more from the week in business.
Feb 7, 2014 — By Rob Heidrick
A winning Super Bowl ad boosts the aging electronics equipment's stock.
Jan 31, 2014 — By Rob Heidrick
The university partnered with IBM to provide advanced supercomputing systems that can crunch data and solve problems loads faster than the school's current equipment.
Jan 24, 2014 — By Rob Heidrick
The Dallas-based retailer alerted customers that hackers stole as many as 1.1 million credit and debit card numbers, a much larger figure than previous thought.
Jan 17, 2014 — By Rob Heidrick
UT, which is notoriously protective of its Longhorns brand, is cracking down on retailers selling merchandise that riffs on the name of its new head football coach, Charlie Strong.
Jan 10, 2014 — By Rob Heidrick
Some of Texas's biggest corporations are pushing back against tea party Republicans who oppose spending taxpayer money on infrastructure and public education.
Dec 13, 2013 — By Rob Heidrick
Texas is emerging from the 2012-2013 budget cycle with a surplus of $2.6 billion—more than twice as much as state officials had projected.
Dec 6, 2013 — By Rob Heidrick
The Plano-based retailer is under scrutiny by the Securities and Exchange Commission for its recent stock sale, a move that surprised investors.
Nov 22, 2013 — By Rob Heidrick
The Game is Up … and Down Despite a strong performance this summer, GameStop is bracing itself for below-average sales this holiday season. The Grapevine-based video game retailer reported its third-quarter results on Thursday, announcing that profits powered up by 45 percent over the same period last year. One…
Nov 18, 2013 — By Rob Heidrick
The Texas-based airlines and U.S. Airways reached a settlement with the U.S. Department of Justice, making the long-awaited merger "all but certain."
Nov 1, 2013 — By Rob Heidrick
A Texas court ruled that the cyclist might have to give back the money he received from Dallas-based SCA Promotions.
Oct 18, 2013 — By Rob Heidrick
This week the Texans running back became the first professional athlete to go public in a new financial exchange that allows investors to buy and trade shares tied to an athlete’s future earnings.
Oct 11, 2013 — By Rob Heidrick
Home prices in Houston and Dallas are “up more than at any time since the oil boom of the 1980s." And with every rise...
Oct 4, 2013 — By Rob Heidrick
Cuban Confidential Dallas Mavericks owner and Shark Tank panelist Mark Cuban is back in court this week to defend himself against a federal insider-trading lawsuit that has spanned nearly a decade. The Securities and Exchange Commission claims Cuban “broke a promise of confidentiality and traded on private information that gave him an advantage…
Sep 27, 2013 — By Rob Heidrick
The Love Belo Shareholders of Dallas-based TV broadcasting company Belo Corp. voted this week to approve the company’s sale to Gannett in a deal worth $1.5 billion. If the deal closes by the end of the year as expected, Gannett will be one of the nation’s largest TV-station owners,…
Aug 30, 2013 — By Rob Heidrick
A new law goes into effect on Sunday prohibiting Texans under the age of eighteen from tanning. Salons oppose the new legislation, and one scientific advisors says, “If you’re going to tell people sunshine is bad for them, you may as well tell them air is harmful.”
Aug 16, 2013 — By Rob Heidrick
Construction is underway on a new wind farm at the U.S. Department of Energy’s Pantex Plant near Amarillo. When completed the plant will be the largest federally owned wind farm in the U.S.
Jul 12, 2013 — By Rob Heidrick
While Houston boasts the nation's leading export market and one particularly pesky debt collection agency incurs its own $3.2 million fine.
Jun 21, 2013 — By Rob Heidrick
The Houston-based says it has dismissed George Zimmer, its founder and executive chairman. The company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small Texas store using a cigar box as a cash register to a men's retail empire.
Jun 14, 2013 — By Rob Heidrick
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.
May 19, 2013 — By Rob Heidrick
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.
May 3, 2013 — By Rob Heidrick
Scenes for Transformers 4 will be filmed in Central Texas, bringing millions to the local economy.
Apr 26, 2013 — By Rob Heidrick
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.
Apr 12, 2013 — By Rob Heidrick
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.
Apr 5, 2013 — By Rob Heidrick
Could new legislation make cable more appealing than satellite television?
Mar 22, 2013 — By Rob Heidrick
Proposed legislation would limit microbreweries' ability to distribute their product.
Mar 8, 2013 — By Rob Heidrick
Macy's thought they were exclusive.
Mar 1, 2013 — By Rob Heidrick
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.