A federal judge has blocked JetBlue Airway’s attempted purchase of Spirit Airlines. On Tuesday, U.S. District Judge William Young blocked a planned $3.8 billion merger between JetBlue Airways and...
Amazon Absorbs MGM Despite Threat of Regulatory Intervention by FTC
Tech giant Amazon completed its purchase of movie studio MGM after U.S. regulators decided to look the other way, for now. Amazon's $8.5 billion blockbuster purchase of MGM, underway since last May,...
By Tanya Grant | Mar 21, 2022
Angela Hines Is Building Minds For Business
Angela Hines has had her eyes on the prize from a young age. "I used to sell Now and Laters in the fourth grade," recalled Angela Hines, owner and CEO of BGM Science of Beauty and Business while...
By Amy Jones | Mar 21, 2022
Amazon Go Store Coming to DFW International Airport
Shoppers on the go at DFW International Airport might find convenience shopping much easier as Amazon has filed paperwork to build an Amazon Go store inside Terminal D. The Dallas Morning News...
By Amy Jones | Mar 20, 2022
Federal Reserve Increases Interest Rates to Slow Consumer Spending
Mortgage rates aren’t as low as they used to be. In recent days, inflation has been increasing, and the 30-year fixed-rate mortgage climbed to a new high, the Washington Post reports. The last time...
Imports Rise 1.4% In February
The United States imported more goods in February 2022 than it did in January, according to recent reports from the U.S. Census Bureau and the U.S International Trade Commission (USITC). A rise of...
Stocks Take a Hit as COVID Surges in China and Ukraine War Continues
With the war in Ukraine raging on, COVID continues to surge in China, and the Federal Reserve raises interest rates this week for the first time since 2018, world stocks fell internationally for a...
Tesla Halts Production in China Market Due to COVID Outbreak
Tesla, the massive electric vehicle company, has reportedly suspended production at its Shanghai-based plant due to rising cases of COVID-19. According to a notice sent out to its workers and...
Local Florist Lets Her Creativity Bloom
Florist and event decor designer, Heather Evetts, is all about uniqueness and originality. She always had a passion for visuals, lighting, linens, florals -- anything aesthetically pleasing -- and...
U.S. Economy Could Be in Danger of Stagflation
A "perfect storm" -- persistently sky-high inflation and potentially stalled economic growth -- is reportedly brewing in the American economy, the likes of which have not been seen since the 1970s....
North Texas Drivers and Businesses Hit Hard by High Gas Prices
Since Russia began its invasion of Ukraine, gas prices across the United States have risen to an all-time high, with the national average at the pump reaching $4.32 a gallon. The soaring costs have...
U.S. Automaker Rivian Reports Low Earnings, Predicts Low 2022 Output
According to The Wall Street Journal, U.S. electric car manufacturer Rivian Automotive Inc. revealed a relatively low earning for Q4. After hitting a new 52-week low, shares were down more than 13%...
Founder of Katy Trail Ice House Cooks Up New Project in DFW
Buddy Cramer, one of the founders of Uptown Dallas beer garden and restaurant Katy Trail Ice House, is partnering with real estate broker Newt Walker and Dallas investor Ray Washburne to develop a...
By Mary Dada | Mar 16, 2022
DFW-Based Cyber Security Company Closes $1 Billion Funding Round
Cybersecurity company Securonix, headquartered in Addison, has raised more than $1 billion in a funding round led by Austin-based Vista Equity Partners. Volition Capital and Eight Roads Ventures...
By Serge Deniau | Mar 15, 2022
United Airlines Employees Who Were Vaccine-Exempt Can Return to Work
United Airlines is now allowing all employees who were exempt from getting the vaccine to return to work. More than 2,000 United employees were granted religious or medical exemptions last year. As...
House Asks Justice Department to Open Investigation into Amazon
House lawmakers asked the U.S. Department of Justice to investigate online retail store Amazon on Wednesday. They claimed that Amazon executives lied under oath when they were testifying in Congress...
Texas’ New Airbnb Hosts Earn Third-Most Profit in the U.S.
Becoming an Airbnb host has propelled many entrepreneurs into impressive business success, especially in Texas. In 2021, new hosts in Texas earned around $170 million in total. Out of the top ten...
Is Inflation Here to Stay? Experts Say It’s Likely
In 2020, the economy and inflation took a hit worldwide as the COVID-19 pandemic ran rampant, causing the U.S. Federal Reserve to print $4 trillion, which is approximately 40% of U.S. dollars, as a...
WalletHub Study: DFW Cities Among the Top Ten Hardest-Working Cities
Irving is among the top five hardest-working cities in the nation, according to a new WalletHub study, followed by Plano at No. 9 and Dallas at No. 10. The WalletHub 2022's Hardest Working Cities in...
By Edgar James | Mar 12, 2022
Gas Prices Keep Rising — What Can Be Done?
Gas prices have continued to skyrocket nationwide, dealing blows to the wallets of U.S. citizens. As of March 10, gas prices in the United States have jumped nearly 16% since last week. At an...
Dallas Bitcoin Mining Startup Raises $50 Million in Two Funding Rounds
A crypto mining company founded less than eight months ago has already hit a total of $50 million in funding. On March 8, the bitcoin mining company announced that it had closed its Series B equity...
By Mary Dada | Mar 11, 2022