With precious metals now on sale at Costco, shoppers can grab eggs, milk, and gold bars in bulk, all under one roof. In September of last year, the chain known for bulk groceries and inflation-proof...
Party City Closes Two Texas Stores
Party City has begun shutting down locations after filing for Chapter 11 bankruptcy on January 17, as reported by The Dallas Express. Party City has 826 U.S. stores, with 85 in Texas. The company...
Customers Bristle at Tesla Discounts
It is not often that a company lowering prices causes outrage from customers, but that is precisely the situation Tesla is facing after reducing vehicle costs. As previously reported by The Dallas...
Boeing Arraigned over Deadly Crashes
Boeing was formally arraigned on Thursday in a criminal case surrounding two deadly crashes involving its 737 Max Jet, according to CBS news. The hearing took place at the U.S. Courthouse in Fort...
Texas Instruments Reports Q4 Sales Decline
Texas Instruments reported its fourth-quarter earnings report on Wednesday, beating analyst earnings and sales estimates. Despite a stronger-than-expected showing, the company’s revenues declined...
Hasbro Cuts Staff by 15%
Hasbro is the latest company to announce a round of layoffs as businesses from various industries are wrestling with changing economic conditions. The toy company said on Thursday it would slash...
Tesla Spending $3.6B on New Factories
Tesla has announced it will spend $3.6 billion to build a production site for semi-trucks and cell batteries. Tesla already has a production plant in Nevada, the 5.4 million square foot...
Competitors Edge Ahead of Southwest
Southwest Airlines' holiday meltdown has inspired rival American Airlines to capitalize off the fiasco. American Airlines CEO Robert Isom said the Fort Worth-based carrier is "doubling down on our...
Tesla Stock Soars After Record Q4 Sales
Tesla reported record fourth-quarter sales on Wednesday, giving Wall Street a peek at the demand concerns surrounding the company. The Electric Vehicle-maker reported earnings per share of $1.19,...
225 Jobs Coming to Local City
Mesquite continues to be a hot industrial market, as DFW as a whole remains the fastest-growing industrial market in the nation. A business park in Mesquite has just acquired a tenant expected to...
Texas Added More than 650,000 Jobs in 2022
Texas is the country's leading state for job growth, having added more than 650,000 jobs in 2022. Texas added 650,100 non-farm jobs over the year and grew jobs at 5.0%, the largest percentage rate...
Holiday Cancellations Cost Southwest $800M
Southwest Airlines reported fourth-quarter earnings on Thursday, and all eyes were on the impact of the company’s holiday meltdown that saw 16,700 flight cancellations between December 21 and...
Dallas Developer Parts with CEO
One of Dallas’ top real estate development firms is parting ways with its CEO next month amid economic worries and a slowdown in business. Trammell Crow Company’s (TCC) Chief Executive Officer, Mike...
Casinos Gambling Big on Texas
As the 88th session of the Texas Legislature is off to the races, an army of lobbyists and mountains of money are placing their bets that the state will open the door to gambling. The Las Vegas...
AA Flight Attendants Picket at Airports
Flight attendants for American Airlines (AA) picketed at airports across the country on Tuesday. Contract negotiations between American Airlines and the Association of Professional Flight Attendants...
Spotify Lays off 6% of Staff
The latest tech company to announce a substantial round of layoffs is streaming giant Spotify. The music service said it would cut its workforce by around 6% as part of broader cost-cutting...
Musk Defends ‘Funding Secured’ Tweet in Court
Elon Musk was in federal court on Monday, defending a 2018 tweet that suggested he was taking Tesla private, which went viral across investing circles. Musk testified that the Public Investment Fund...
Fireball Cinnamon Hit with Lawsuit
A class-action consumer fraud lawsuit has been filed against the makers of a popular alcoholic beverage. The lead plaintiff, Anna Marquez, filed the lawsuit against the parent company of Fireball...
Co-CEO Steps Down from Netflix
After 25 years, Netflix co-CEO Reed Hastings has announced that he is stepping down. The news came as Netflix unveiled its quarterly earnings, which showed a rise of over 7 million subscribers by...
AI Passes Business School Exam
An artificial Intelligence (AI) tool has successfully passed an exam at Wharton Business School, according to a new research paper from the university. The technology is a chatbot, a "software that...
T-Mobile Hack Exposes 37M Customers
A hacker has collected data from 37 million T-Mobile customer accounts. T-Mobile announced on Thursday that the hacker retrieved data including names, birthdates, and phone numbers but clarified...