Luxury Italian fashion brand Prada is expected to open at NorthPark Center in Dallas by the end of the year. According to a Texas Department of Licensing and Regulation filing, the company is...
Small Businesses Wrestle with Online Advertising
Search rankings on Google can make or break a business, so Dallas small businesses are looking for ways to improve their placement in search results and manage to come in first. “Not many people...
IMF Predicts Protracted Downturn, Extreme Poverty
The International Monetary Fund (IMF) has warned that 2023 will feel like a recession for much of the world. The IMF now anticipates the global economic growth rate will slow to 2.7% next year, down...
Neiman Marcus’ Dallas Hub to Begin Renovations
Neiman Marcus Group's new Dallas hub has secured its project location, and it is set for renovation, according to a filing with the Texas Department of Licensing and Registration. In July, Neiman...
Pilots Demand New 737 Max Cockpit
The union representing American Airlines pilots wants the United States Congress to reject a proposed extension that would enable Boeing to keep its old cockpit alert system in place on newer plane...
By Mary Dada | Oct 12, 2022
Inflation is No. 1 Concern for Struggling Small Businesses
(The Center Square) – Newly released polling data shows inflation is a top concern for small businesses as prices continue to rise. The National Federation of Independent Business released...
Best Companies to Work For in Texas
A ranking of the best companies to work for in Texas in 2022 was released by the Texas Association of Business (TAB), which showcases businesses with the best workplace cultures. The "Best Companies...
U.S. Manufacturing Adds Jobs Amidst Supply Chain Reshuffle
Friday’s job report revealed U.S. manufacturers added another 22,000 workers last month, bringing the 12-month total to nearly half a million. Twelve million individuals now work at U.S. factories,...
Rivian Recall Causes Large Share Price Loss
Rivian Automotive, Inc. shares plummeted Monday morning following news that the manufacturer is recalling 13,000 of its electric vehicles (EV) to fix an issue concerning possibly loose fasteners in...
Futuristic-Style Shopping Debuts in DFW Airport
A new wine bar and travel convenience store combo is offering a futuristic shopping experience to Dallas Fort Worth International Airport travelers. One of the largest travel retailers in North...
Tesla to Deliver Battery-Powered Semis to PepsiCo
Elon Musk has announced that electric semi-trucks will begin hauling goods and products on American roadways in the near future. The electric vehicle (EV) maker Tesla is beginning to produce...
Paypal Announces ‘Misinformation’ Fine, Reverses Itself as Stock Drops
PayPal released a policy change on September 26 that punishes users for misinformation or promoting information that poses a risk to others’ well-being. On October 7, a Daily Wire report exposed the...
Job Growth in September Robust Despite Signs of Cooling
The job market cooled slightly in September but continued to show resilience, hampering expectations that the Federal Reserve will reverse course on its streak of interest rate hikes. The U.S....
$570 Million Crypto Stolen in Binance Hack
Crypto exchange Binance announced that hackers accessed about $570 million of its cryptocurrency this week. The hack was first made public on October 6 through a Reddit post where the world’s...
By Mary Dada | Oct 9, 2022
Peloton Cuts 500 Jobs
Peloton has been on the decline this year and in a new attempt to cut costs, CEO Barry McCarthy laid off an additional 500 workers. The stationary bike line lost another 12% of its workforce as a...
IMF Official Warns of Possible Global Downturn
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, did not mince words during a recent speech at Georgetown University. Saddled with war, the lingering COVID-19...
Investors, Innovators Conference Returns to Dallas
The Venture Dallas Conference will return to an in-person event in 2022 after two years of hosting a virtual gathering. The event will take place on November 3 and last the entire day, according to...
Inflation Outpacing Wages Says Federal Reserve
Americans are having trouble keeping their wages from feeling the eroding effects of inflation, according to the Federal Reserve Bank of Dallas. Despite wages rising at the fastest pace in decades,...
Amazon’s Holiday Hiring Plans Are Bittersweet
While the leaves change color and temperatures cool, Amazon is setting its sights on the holiday shopping season. The e-commerce giant is going on a hiring spree, planning to add 150,000 employees...
By Gerelyn Terzo | Oct 7, 2022
Businesses Urge Biden Admin to Boost Domestic Energy Production
(The Center Square) — Business leaders across the country have joined together to call on the Biden administration to boost domestic energy production and to abandon a proposal to ban new offshore...
Construction of Local Waterfront Restaurant Complex Continues
The second phase of a waterfront restaurant complex project is set to begin in November. Located on Lake Ray Hubbard, the development is a part of the $1 billion Sapphire Bay mixed-use project. The...
By Mary Dada | Oct 7, 2022