After halting its franchising platform during the COVID-19 lockdowns, The Gents Place is back in business. The Gents Place offers men's hair, grooming, and spa services with a top-shelf beverage in...
Hyatt Expands Footprint with North Texas Opening
Hyatt Hotels Corporation has recently announced the opening of a new Hyatt Place hotel in Alliance Town Center in Fort Worth, which will increase the local presence of the Hyatt Place brand. Moon...
Hewlett-Packard to Buy Poly: A Video Conferencing Company
HP Inc. announced a blockbuster deal that let it acquire Poly, a worldwide provider of conference phones, video conferencing, and headsets, for $3.3 billion, or $40 per share. HP made the move to...
Inflation Hit 8.6% in May
The inflation rate in the United States is accelerating again, with prices clocking 8.6% higher from the beginning of the year through May, according to the U.S. Bureau of Labor Statistics (BLS)....
Inland Port of Dallas Could Get Its Own Government
Constantly operating behind the scenes is Dallas's Inland Port, a sprawl of distribution centers next to Interstates 20, 45, and 30. In the 1990s, local developer Mike Rader set his sights upon a...
Pilot Shortage Grounds Hundreds of Jets
An ongoing pilot shortage, spurred by demand after the pandemic, is forcing some airlines to keep their jets on the ground. During the June 3 Bernstein Strategic Decisions Conference in New York,...
President Biden Wants to Slow Job Creation
JPMorgan Chase CEO Jamie Dimon stated that an economic hurricane is inevitable in the U.S. With companies downgrading their earnings forecasts and the country being in the middle of inflation and...
EU to Require Standard Charging Port for Devices
Under a provisional agreement, the European Union will require technology companies to incorporate a common charging port, USB Type-C, in all smartphones and tablets by 2024 and laptops by 2026. The...
Walmart to Use Driverless Trucks in DFW
Walmart will soon send driverless trucks to North Texas. The retailer announced they would use the new technology to make deliveries to Sam's Club locations across the region. Driverless vehicle...
Target Cuts Orders and Prices on Home Goods
A change in consumer spending as Americans moved from fixing up their homes to focusing on travel and nights out on the town caught large retailers like Target by surprise in early 2022. The swift...
By Amy Jones | Jun 9, 2022
Spirit Delays Shareholder Vote as Bidding War Intensifies
Spirit Airlines, Inc. (NYSE: SAVE) announced in a Wednesday press release that the date of its shareholder vote over the company-backed sale to Frontier Group Holdings, Inc. (NASDAQ: ULCC) has been...
Port Congestion May Return
California port authorities anticipate renewed shipping congestion in the summer in the wake of Shanghai ending its two-month-long COVID-19 lockdown. "We will have some form of a surge, given the...
Texas Secretary of State Talks Business Growth at Local MCBA Luncheon
Texas is and has always been open for business, said Texas Secretary of State John Scott at a Metroplex Civic and Business Association (MCBA)* members luncheon Tuesday. MCBA is a non-partisan,...
Musk May Renege on Twitter Deal Without Spam Account Data
Elon Musk indicated on Monday that he may back out of his deal to buy Twitter because the company has refused to provide him with the information he has requested. Musk intended to use this data to...
Crypto Scams Have Cost Investors Over $1 Billion Since 2021
According to the Federal Trade Commission (FTC), scams involving the transfer of cryptocurrency have cost consumers over $1 billion since 2021. An FTC report details how cryptocurrency had a higher...
Solid Power Pilots New EV Battery
Solid Power is producing pilot-scale quantities of an innovative new solid-state battery cell with backing from BMW, Ford Motor, and Tesla Motors. The startup company, based in Colorado, claims...
Fed Unlikely to Relent After May’s Labor Market Growth
The U.S. experienced significant job growth during May. Employment growth was expected; the job market surpassing its projected estimate was not. The U.S. unemployment rate held steady at 3.6%,...
Jetblue Enhances Offer for Spirit Airlines
JetBlue Airways tried to sweeten its offer to acquire Spirit Airlines Inc. on Monday, according to Reuters, enhancing its offer as Spirit stockholders prepare to meet on Friday to discuss a proposal...
American Airlines’ Rosier Summer Revenue Outlook
American Airlines increased its revenue prediction for the second quarter of 2022 Friday as the travel sector bounces back from the epidemic. The world's largest airline is the latest to announce...
Local Business Zsa Zsa’s Evolves With the Neighborhood
If there's one constant in Dallas, it's "change." Zsa Zsa's, a gift boutique in the Oak Cliff area, has changed and evolved alongside the community it serves. The bubbly store clerk and co-owner,...
By Amy Jones | Jun 7, 2022
Attorney General Paxton Launches Investigation into Twitter
Texas Attorney General Ken Paxton announced that Twitter is being investigated for possible fraudulent reporting on its fake bot accounts, which would be a violation of the Texas Deceptive Trade...