Dallas' Frontier Communications has authorized a strategic review of its performance as a publicly traded company about two months after investment firm Jana Partners pressed it to consider selling....
Dave & Buster’s Buys Main Event
Dave & Buster's bought Main Event merging the two companies in an all-cash deal worth $835 million. The two companies will operate as separate entities while focusing on their core demographic....
By Amy Jones | Apr 10, 2022
Katherine Tai Calls for U.S.-China Trade Realignment
U.S. Trade Representative Katherine Tai called for a change in how the United States trades with China, detailing problems noticed since the rise of the Chinese economy.
Walmart to Pay Truck Drivers $100K
Walmart has announced that truckers in their first year with the company can now earn up to $110,000 annually. And that is just the beginning. Drivers who have worked for Walmart for longer can earn...
Jet Fuel Inventories Drop, Airfare Costs Increase
Millions of Americans will travel by air over the upcoming Memorial Day weekend. Last year, Memorial Day weekend included two of the year's busiest days for airline travel in the United States....
Amazon Signs New Rocket Launch Deal
Amazon has signed rocket launch deals with Arianespace and United Launch Alliance. Arianespace has signed up for eighteen launches of the Ariane 6 rocket, and United Launch Alliance will provide the...
By Manny Legrand | Apr 9, 2022
Google Bans Apps Secretly Harvesting Data
Early this week, data shared with The Wall Street Journal showed millions of android users downloaded apps that covertly collected sensitive data. According to the Android Police, this data could...
Uber Adds New Options to Become ‘Superapp’
On April 6, Uber announced it would test pilot a program in the UK that will allow users to book planes, trains, hotels, and rental cars through the app. In a statement from Jamie Heywood, Uber's...
American Airlines Gets New CEO
Robert Isom officially begins his tenure as the new CEO of American Airlines, the world’s largest passenger airline, following the retirement of Doug Parker.
More Amazon Facility Employees Consider Unionizing
Amazon workers across the U.S. have reportedly begun considering unionization. The organizer of the campaign that led to Amazon's first union in the U.S. said on April 5 that employees from over...
Environmentalists Urge Bitcoin to ‘Change Code, Not Climate’
While Bitcoin has become a popular form of cryptocurrency, it has become a cause for concern for environmental groups due to the enormous energy required to produce it. On March 28, a group of...
JetBlue Makes Offer to Buy Spirit Airlines
JetBlue has made an unexpected bid to buy Spirit Airlines, a move that could potentially jeopardize Spirit's merger with Frontier, The New York Times reported on Tuesday. The Times estimates the...
By Manny Legrand | Apr 7, 2022
U.S. CEOs Receiving Record Pay
Corporate America's CEOs are earning more than ever. According to a report in The Wall Street Journal, U.S. CEOs are taking bigger paychecks, placing compensation for corporate bosses on track for...
By Tanya Grant | Apr 7, 2022
Is the Bear Market Rally Over?
In his Weekly Warm-up to investors, Morgan Stanley's chief U.S. equity strategist, Mike Wilson, recently declared that "the bear market rally is over." Wilson explained his negative outlook by...
‘Grow a Better Dallas’ with Restorative Farms
When four men came up with the idea to assist the South Dallas community through agriculture, they never imagined the impact they would make. Brad Boa, Owen Lynch, Tyrone Day, and Doric Earle have...
Wage Increase Slows, Federal Reserve Remains Alert
The labor force has seen an immense increase in wages over the past year. According to The Wall Street Journal, March continued to see a modest 0.4% increase, but on a lesser scale than the previous...
DFW: Second Home to Goldman Sachs
Goldman Sachs Group Inc. is inhabiting a mixed-use development in downtown Dallas as a location for up to 6,000 workers, according to The Dallas Morning News. Dallas already has the company's...
By Manny Legrand | Apr 6, 2022
Apple Discusses Bringing Financial Transactions In-House
Apple is revitalizing its business model by introducing several new financial services. Reportedly, Apple plans to rely less on its current financing partners, including Green Dot, Square, and...
By Manny Legrand | Apr 6, 2022
Elon Musk Largest Shareholder of Twitter
Elon Musk could soon add a social media empire to his conquests. According to a U.S. SEC filing, the billionaire entrepreneur has amassed a 9.2% stake in social media platform Twitter, making him...
By Tanya Grant | Apr 6, 2022
Drone Delivery to Begin in DFW
On Monday, Alphabet, a multinational conglomerate company, has announced that its subsidiary, Wing, is launching a drone delivery service in Dallas-Fort Worth (DFW), beginning on April 7. With this...
Mnuchin Invests in Mobile Security Firm
Liberty Strategic Capital, the private equity firm of former U.S. Treasury Secretary Steven Mnuchin, has purchased a significant stake in a mobile security company. The firm's website states that...