Texas Business Report: Dallas Is Always the Bridesmaid
The city lost its bid for the GOP convention and a chance to bring in millions in revenue.
The city lost its bid for the GOP convention and a chance to bring in millions in revenue.
Finance-minded crafters, take note: Michaels has gone public. This and other business news from around the state.
Barely a year after opening the nation’s first smartphone manufacturing factory in Fort Worth, Motorola has announced plans to close the plant by the end of this year.
The FAA signed off on an environmental review that found the proposed spaceport wouldn't adversely affect protected wildlife.
Doesn't have quite the same ring to it, but NASA is considering relocating its backup mission control from Alabama to Bryan-College Station.
A stock spike signals to investors that the beleagured retail chain is finally starting to see the ship turn.
Two energy exploration giants are shifting the focus of their Texas operations.
And they might pick up some local talent.
Nationwide cotton crop inventories are at a 23-year-low, and the shortfall is especially pronounced in Texas, America's number-one grower.
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.
The Richardson-based accessories maker will partner with Google as part of the tech company's play to get into wearable technology.
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.”
Trinity East Energy sues Dallas, Whole Foods' stock takes a dip, and more from the week in business.
A winning Super Bowl ad boosts the aging electronics equipment's stock.
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.
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.
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.
Some of Texas's biggest corporations are pushing back against tea party Republicans who oppose spending taxpayer money on infrastructure and public education.
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.
The Plano-based retailer is under scrutiny by the Securities and Exchange Commission for its recent stock sale, a move that surprised investors.
The Game is Up … and DownDespite 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 might
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."
A Texas court ruled that the cyclist might have to give back the money he received from Dallas-based SCA Promotions.
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.
Home prices in Houston and Dallas are “up more than at any time since the oil boom of the 1980s." And with every rise...
Cuban ConfidentialDallas 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 over
The Love BeloShareholders 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, the
A new bill that went into effect making it illegal to shoot stray bison could save ranchers thousands of dollars.
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.”
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.
While Houston boasts the nation's leading export market and one particularly pesky debt collection agency incurs its own $3.2 million fine.
The city of West filed a lawsuit against the fertilizer plant that exploded there in April, Neiman Marcus plans to go public, Rick Santorum's Christian movie career, and more.
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.
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.
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.
Could new legislation make cable more appealing than satellite television?
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.
Macy's thought they were exclusive.
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.
The company's stocks shot up thirteen percent on news that CEO Michael Dell might work with private investors to buyout shareholders.
The Dallas Mavericks owner is back in federal court this month, hoping to get an insider-trading lawsuit against him thrown out.