A federal judge has blocked JetBlue Airway’s attempted purchase of Spirit Airlines. On Tuesday, U.S. District Judge William Young blocked a planned $3.8 billion merger between JetBlue Airways and...
NFT Market Showing Signs of Decline
According to a Wall Street Journal report, NFTs appear to be declining in popularity. An NFT, which stands for "non-fungible token," refers to a wide variety of items, including artwork,...
Endangered Species Threatens SpaceX Expansion in Texas
SpaceX is expanding its South Texas facility located in Boca Chica Beach on the Gulf of Mexico. The expansion will allow the company to build more rockets and spacecraft, including the Falcon 9...
Airline Flight Attendants Request Boarding Pay
Flight attendants at Southwest and American Airlines are asking to be paid during boarding. Flight attendants say they are required to be in the cabin 30 minutes to an hour before the clock starts...
By Mary Dada | May 5, 2022
DFW Leads Nation in Hotel Development and Construction
The growing metroplex of Dallas-Fort Worth now has the most hotels under development or construction in the country. According to the Dallas Business Journal, there are currently 165 hotel projects...
Fed Announces Interest Rate Increase, Stock Market Responds
The U.S. stock market responded with a rally on Wednesday after Federal Reserve Chairman Jerome Powell announced plans by the Central Bank to raise interest rates by .5%. The announcement followed a...
Frito-Lay to Begin $8.3 Million Renovation in DFW
Frito-Lay announced an $8.3 million redevelopment of its Arlington bean dip facility. The construction work began on May 3. According to The Dallas Morning News, the project focuses primarily on...
‘Flash Crash’ in European Market Ensues After Human Error
An error made by one of Citigroup Inc.'s traders reportedly led to a "flash crash" in European stock markets on Monday. “This morning (May 2) one of our traders made an error when inputting a...
U.S. Job Openings Reach Record High
U.S. job openings reached 11.5 million by the end of March after a record 4.5 million employees quit their jobs that month, employers reported to the U.S. Bureau of Labor Statistics (BLS). The Labor...
U.S. Trade Deficit Hits New High
Data from March shows that the U.S. experienced a record high deficit that month. The United States' trade deficit can be explained as a country taking in more imports than it sends exports....
Dallas May Require Certain Banks to Invest in Underserved Communities
Dallas authorities are considering a proposal that would require certain banks in the city to make a demonstrable effort to increase loans and investments in "underserved communities," as reported...
Van Leeuwen Ice Cream Celebrates Dallas Opening With $1 Scoops
On May 7, Brooklyn-based Van Leeuwen Ice Cream will open its first store in Dallas, just in time for summer. Until now, Dallas residents could only find the luxury ice cream brand in the freezer...
By Amy Jones | May 3, 2022
Amazon Granted Hearing That Could Overturn Union Vote
Amazon has been granted a hearing that could overturn a union election held last month at a company warehouse in New York, according to the U.S. National Labor Relations Board (NLRB). Employees in...
Southwest Shows Net Loss for Q1
Dallas-based Southwest Airlines reported a $278 million net loss for the first quarter of the year, but officials said a strong March saw the company return to pre-pandemic levels, and they expect a...
Spirit Declines JetBlue’s Offer, Sticks with Frontier
Spirit Airlines rejected an offer by JetBlue Airways, deciding to stay with the deal offered by Frontier Airlines. In a letter released Monday from Spirit to JetBlue, the low-cost airline determined...
Stock Market Experiences Whiplash
A wild ride for the stock market last week saw the U.S. stock market experience growth one day just two days later, the market slumped and stocks fell to a new low for 2022 on April 27.
TikTok Takes Top Spot for Most Downloads
TikTok, the app that has turned short-form mobile videos into viral sensations, has taken the top spot globally for most downloads in the first quarter of 2022. TikTok has jumped ahead of Instagram...
Twitter Reports Increase In Profits and Users
Twitter's first-quarter report shows an increase in quarterly profit, revenue, and the number of daily users on its platform; however, the outlook is on shaky ground with Elon Musk expected to take...
By Amy Jones | May 1, 2022
Supreme Court Supports Dismissal of Discrimination Lawsuit
The U.S. Supreme Court has sided with a lower court in dismissing a lawsuit filed by a legally blind and deaf woman against a physical therapy business based in North Texas. The lawsuit was put into...
By Mary Dada | Apr 30, 2022
Motorists Turn to Apps to Save on Gas
Consumers worldwide are turning to technology to help mitigate soaring gas prices in search of rewards that soften the blow to their wallets. According to Sensor Tower's Store Intelligence Data...
Boeing Sees a Bad Quarter and Production Delays
Boeing Corporation's stock price briefly dropped to $150 per share on Wednesday morning after the company's latest quarterly earnings showed multiple missed targets and a $1.2 billion loss for the...