Inflation remains a concern for Americans despite its decline from previous highs. Officially, the Federal Reserve has been shooting for an inflation rate of 2% annually, which it considers optimal...
Musk Ends Remote Work for Twitter Staff
Twitter CEO Elon Musk, or “Chief Twit” as he now calls himself, informed staff in an email that the company’s remote work policy would officially be banned unless otherwise approved on a...
Dr. Pepper Invests $50M in Non-Alcoholic Brewer
Keurig Dr Pepper Inc (KDP) announced earlier this week that they have taken a minority stake in Athletic Brewing Company, the leading non-alcoholic craft beer brand in America, for $50 million. The...
CEO Forecasts ‘Dark Clouds’ for Global Economy
Massive Danish shipping firm Maersk is raising alarm bells about the future state of the global economy. Despite reporting “exceptional results” this earnings season, CEO Soren Skou warned, “With...
AMC Hosting Discount Tuesdays Until New Year
Beginning this month and lasting until January 31, AMC Theatres will host discount Tuesdays for just $5 plus tax as a holiday gift to movie lovers everywhere — including the Dallas area. The $5...
Court Order Puts Albertsons $4 Billion Payout on Hold
Despite its vast debt, Albertsons plans to give a $4 billion payout to shareholders and top executives. The 2,270-store grocery chain owes $4.9 billion to worker pension funds and another $7.5...
Twitter Layoffs Shock Employees, Musk Explains Unfortunate Necessity
After going through with his deal to buy Twitter, one of Elon Musk's first orders of business was to fire about 50% of the staff, the equivalent of 3,700 people. One of the layoffs included software...
Amazon One Palm Payment Coming to Local Stores
Tired of whipping out a credit card when it's time to pay for groceries? Soon enough, you will be able to pay for your items with just a swipe of your palm. The checkout technology, called Amazon...
Meta Laying Off More Than 11,000 Employees
Meta Platforms, Inc. -- formerly Facebook -- is laying off a significant portion of its workforce, CEO Mark Zuckerberg said in a letter to employees on Wednesday. "Today, I'm sharing some of the...
What Rising Interest Rates Mean for North Texans
Considering the Federal Reserve issued its fourth consecutive 75-basis point interest rate hike last week, what does this mean for the North Texas community? To start, higher interest rates mean...
Tech Companies Pressing Pause on Growth
Layoffs and cutbacks continue to plague the tech sector with last week's announcement that Amazon, the country’s second-largest company by revenue, would pause corporate hiring. Layoff announcements...
Dallas Love Field’s Aviation Director Ready for Takeoff
Dallas Love Field's aviation director is flying the coop. Mark Duebner, who has held the position for the past 11 years, is set to retire on Tuesday. Duebner's job entails leading the teams running...
Pharmacies Agree to $10 Billion Opioid Settlement
CVS and Walgreens announced on Wednesday that they had reached tentative agreements to pay around $5 billion each to settle thousands of lawsuits over their role in the opioid crisis, according to...
Sears Out of Bankruptcy, Handful of Stores Remain
Sears Holdings, the parent company of department store chains Kmart and Sears, concluded its Chapter 11 bankruptcy proceedings following four years of intense litigation and thousands of court...
Airbnb Will No Longer Hide Cleaning Fees
Airbnb Inc. will make cleaning fee costs more transparent earlier in the search process, potentially solving some of the longstanding customer complaints. Starting sometime in December, the company...
Dallas Hosting Luxury Fashion Show on Saturday
Louis Vuitton's next fashion show will take place in Dallas at the Perot Museum of Nature and Science on Saturday, as reported by NBC. The November 12 show will exhibit the Louis Vuitton Cruise 2023...
261,000 Jobs Added in October, Inflation Stays High
U.S. employers brushed off some of the economic fear in October to produce another strong month of hiring, despite current restrictive conditions and decades-high inflation. The U.S. economy added...
Service Industry Experiences Slowest Growth Pace in 2.5 Years
Not since the beginning months of the COVID-19 pandemic has the U.S. service industry grown so slowly. In October, the Institute for Supply Management's (ISM) non-manufacturing PMI dropped to 54.4...
Visa’s Stock Soars Amid Uncertainty
While consumers have been wrestling with soaring costs of living and unprecedented inflation, Visa reported a jump in revenue that topped growth estimates for the quarter. Payments volume increased...
Coltala Holdings Aims to Grow Pond Robinson
A new investment from Coltala Holdings aims to grow the Dallas-based Pond Robinson firm while bringing more job opportunities to the D-FW region. The firm works to help institutional clients acquire...
Largest Ever Buc-ee’s to Open in Small Texas Town
The largest Buc-ee's family travel center in the country will soon be constructed in Luling, Texas, 50 miles south of Austin. This new facility will replace an older Buc-ee's that has been in...