Chevron Corp. banked $35.5 billion in annual profit in 2022, bookending the oil and gas giant's best year on record. Chevron on Friday released its fourth-quarter earnings report showing that the...
Restaurant Charges 3% ‘Employee Benefits’ Fee
A Dallas restaurant owner has sparked debate after implementing an automatic 3% charge on guests' bills on New Year's Eve to help fund an employee benefit plan. "It's a noble idea that they're...
Dallas Restaurant Rebrands After Lawsuit
The owner of Dallas restaurant Carbone's Fine Food and Wine has agreed to permanently change the establishment's name following the settlement of a lawsuit. The new name of the Oak Lawn Avenue...
Southwest Meltdown Prompts New Questioning
Southwest Airlines has drawn the ire of the New York State pension fund –- one of the carrier's largest investors -– over the company’s end-of-the-year meltdown that resulted in thousands of flight...
Inflation Slows for the Sixth Month
Nationwide inflation eased down from 7.1% in November to 6.5% in December, marking the sixth monthly decline in inflation’s headline reading since June’s four-decade high of 9.1%. The Consumer Price...
Universal Theme Park Coming to DFW
Universal Parks & Resorts is set to bring a new theme park to Frisco’s Fields development. Frisco Mayor Jeff Cheney announced the project Wednesday, saying a kid-themed park and resort will...
Caterpillar Invests in Lithium Battery Company
Caterpillar Inc., which relocated its headquarters to DFW last year, is investing in the battery technology company Lithos Energy based in San Rafael, California. Lithos Energy makes lithium...
UPS Strike Appears to Be Looming
With the contract between UPS and the Teamsters Union set to expire in July, Teamster General President Sean O'Brien said the union's members "have never been more prepared for a strike." Heat...
Southwest to Lose $1B over Holiday Disruption
During the holiday season, many travel plans were interrupted when thousands of flights were canceled, and the airline responsible for most of those cancellations may lose several hundred million...
American Resuming DFW-Shanghai Flights
American Airlines has announced that it will resume non-stop flights to Shanghai, China, now that the country has opened its borders, Simply Flying reported. Since the news that China would relax...
Amazon, Salesforce Slash Thousands of Jobs
Amazon and Salesforce kicked off the new year by slashing more than 25,000 industry jobs and signaling that more could follow, given worsening economic conditions in the U.S. and abroad. Last week,...
Peloton Fined $19M for Treadmill Death
Interactive home exercise company Peloton has agreed to pay a $19 million fine for failing to alert federal safety regulators to problems with its treadmills that were tied to the death of a...
Texas Energy Companies Optimistic in 2023
Despite a gloomy outlook for 2023, a central bank poll found that those in the oil and gas sector are feeling positive. While surging inflation and supply chain disruptions were cited as headwinds...
New Local Golf Resort on Hiring Spree
Ahead of the PGA of America’s big move to Texas, a thousand new jobs have opened at the Omni PGA Frisco resort. At 660 acres, the resort is the largest in the United States currently under...
DOL: American Airlines Punished Whistleblowers
An investigation by the United States Department of Labor found that some of the nation's largest airlines allegedly retaliated against flight attendants who reported illnesses as a result of fumes...
Returning Back to ‘In-Office’ Work Days
Working from home became a new norm for a lot of people starting back in 2020, but that may soon change for some. Already in the first four months of 2022, office occupancy rose 20%, according to...
Dave & Buster’s Cofounder Dies in Dallas
The co-founder of Dave & Buster's -- James W. "Buster" Corley -- passed away in his Dallas home earlier this week. "The preliminary investigation determined that when officers arrived, they...
By Andy Terrell | Jan 8, 2023
Chicago-based Chicken Chain Comes to DFW
Iconic Chicago-based restaurant Harold's Chicken hosted its grand opening of a new franchise location in Cedar Hill this week. Harold's Chicken has been in business since 1950 and is located...
Exxon, Chevron Refocusing Business Closer to Home
Major oil companies are shifting their focus back towards the West in 2023. Chevron and Exxon Mobil, the two largest U.S. oil companies, are planning to allocate more capital in North and South...
Wise Health System Considers Joining HCA
Wise Health System’s board of directors announced the company is considering joining forces with Medical City Healthcare, a division of HCA Healthcare. HCA is one of the region's largest providers...
Financial Planners Caution Clients for 2023
With talks of an impending recession, financial advisors are telling clients to tread lightly. The stock market finished 2022 with its worst year since the great recession in 2008, with the Dow...
