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Dallasnews.com / Business

Tuesday, Jul 17

01

Is D-FW's next great community sprouting from the plains outside Fort Worth?

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It looked like the setup to a joke, or a scene from an alternate-reality spaghetti western. Two guys, brows shining and skin pasty under the midday sun, stood on a patch of dirt and weeds. They wore t...

Monday, Jul 16

21

Lantern Capital is officially in the movie business: completes $289 million purchase of Weinstein Co.

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Lantern Capital completed the purchase of the Weinstein Co. on Monday after winning court approval last week. The Dallas-based private equity firm outlined in more detail what it purchased for $289 mi...

17

Southwest Airlines is taking its cargo business international

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Four years after it started ferrying passengers across the border to Mexico, Central America and the Caribbean, Southwest Airlines is taking its cargo business international as well. The company officially began its international shipping…

03

Texas couples feel pressure to divorce to afford care for disabled, ill children

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Three-year-old Annalynne Magallon has cerebral palsy, but her family is ineligible for Medicaid to help pay for her care because her father earns too much at the Fort Worth Police Department. “He’s pu...

Tuesday, Jul 10

22

Lantern Capital hire Hollywood execs for former Weinstein Co. returns 'Project Runway' to Bravo

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Two Dallasites have named themselves co-presidents of Hollywood's newest company — Lantern Entertainment — and are starting to run what was for decades the Weinstein Company. Andy Mitchell and Milos B...

Sunday, Jul 8

13

What happens when the coal economy dies? Here's the story of one Texas town on life support

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ROCKDALE — David Montelongo isn’t used to being alone. He's spent his 60 years in the Central Texas town of Rockdale, surrounded by family and working the last 39 years in the local coal mine. He has ...

Friday, Jul 6

03

Dallas real estate startup Door is on a tear, but is the disruption in full effect?

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In June of 2016, Alex Doubet was a 28-year-old upstart with a Harvard degree and a new, untested company. He had just founded Door out of a shared office space hoping to change how homes were being bo...

Thursday, Jul 5

18

How some Texas clinics are learning to multitask meet demand for mental health care services

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Kerstin Taylor fought alcohol and substance abuse problems for two decades. She periodically sought help through addiction and psychiatric treatments to stay sober, but she continued to relapse. That ...

Tuesday, Jul 3

14

CoreLogic report: Dallas-area home prices up 7.8 percent in May

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Dallas-area home prices are up 7.8 percent from a year ago in the latest national comparison by CoreLogic. That's slightly ahead of the nationwide increase of 7.2 percent between May 2017 and May of last year, CoreLogic reports. Data from…

Saturday, Jun 30

01

Shortage of injected opioid painkillers forces hospitals to decide which patients are suffering most

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TRENTON, N.J. — There is another opioid crisis happening in the U.S., and it has nothing to do with the overdose epidemic: Hospitals are frequently running out of widely used injected painkillers. Manufacturing shortages are forcing many…

Thursday, Jun 21

18

Permian Basin drillers may be forced to shut off some wells as pipelines fill up

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Pipeline bottlenecks in North America's biggest oil field are so pervasive that drillers are quitting new wells at a record pace. And it's about to get a lot worse. The vast pipe networks that haul crude from the Permian Basin are almost…

Tuesday, Jun 19

23

Small businesses to get new health insurance option

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WASHINGTON (AP) -- The Trump administration's new health insurance option offers lower premiums for small businesses and self-employed people, but the policies are likely to cover fewer benefits. Another caveat: if healthy people flock to…

01

Rent-A-Center of Plano to be sold in deal valued at $1.365 billion

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Rent-A-Center said Monday that its board had accepted an $800 million, or $15-a-share, offer from Florida-based Vintage Capital. The deal is valued at $1.365 billion including debt. Vintage Capital had first offered $13 a share last fall…

Sunday, Jun 17

15

'Holding their breath': Trump's trade war puts Texas jobs over a barrel

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WASHINGTON — A trade war between the U.S. and its closest allies may scotch Robert Likarish’s growing whiskey business. The co-owner of Ironroot Republic Distilling in Denison fears the loss of a vital export deal after the European Union,…

Thursday, Jun 14

20

Expect layoffs as D-FW mortgage industry deals with rising interest rates

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This week, mortgage lenders reported that demand for home loans was at a 3-year low. Demand for home refinance loans fell to the lowest point since second quarter 2014, according to a survey by mortgage giant Fannie Mae. With home loan…

Tuesday, Jun 5

23

A Dallas company wants to use mind-reading technology to let the world hear nonverbal people's thoughts

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Dallas-based Darwin Ecosystem has long been in the business of pattern detection. The company uses machine-learning to predict trends in the financial markets, analyze essays for police academies to determine if trainees would be a good…

Thursday, May 31

00

Passenger claims man masturbated next to her during cross-country Southwest flight

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A passenger says a man sitting next to her on a Southwest Airlines flight this week masturbated for the duration of their nearly five-hour cross-country trip. The Dallas-based airline said in a statement that it was looking into the…

Thursday, May 24

13

Frisco was the nation's fastest-growing city, but another D-FW city's growth was more surprising

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Frisco, for the first time in at least five years, topped the U.S. Census bureau’s list of fastest-growing big cities in the nation, adding an average of 37 new residents every day for a population jump of 8.2 percent, data released…

Wednesday, May 23

03

JC Penney CEO Marvin Ellison quits for top job at Lowe's and tells staff it was a once-in-a-lifetime opportunity

www.dallasnews.com

Story was updated at 8 p.m. with comments from Ellison to Penney employees. J.C. Penney CEO Marvin Ellison is quitting the 116-year-old department store chain after three years to become CEO of home-improvement retailer Lowe's, and on…

Thursday, May 17

20

This North Texas company doesn’t just like Trump’s tariffs – it wants more of them

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WASHINGTON — Commercial Metals Co. is all-in on President Donald Trump's tariffs. The Irving-based steel manufacturer has cheered a new 25 percent levy on global steel imports it says threaten America's national security. It has urged…

15

JC Penney's results fall short of expectations

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This story is being updated. J.C. Penney reported weaker-than-expected results blaming a cooler spring and the closing of 141 stores last summer and fall. The Plano-based department store retailer's stock price is taking a beating in the…

Jim Moroney, who put The News on a digital path, reflects on efforts to sustain local journalism as he steps down from CEO role

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Nearly a dozen years into his run as publisher of The Dallas Morning News, and a year before he would add the title of chief executive of the newspaper’s parent company, Jim Moroney opted to become an entrepreneur. Faced with continued…

Monday, May 14

21

Keyless cars are convenient, but they can lead to a deadly error

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It seems like a common convenience in a digital age: a car that can be powered on and off with the push of a button, rather than the mechanical turning of a key. But it is a convenience that can have a deadly effect. On a summer morning…

Saturday, May 12

00

Racism, not 'pungent' odor, got Nigerian family kicked off United flight in Texas, lawsuit says

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A Nigerian woman has filed a federal discrimination lawsuit alleging she and her children were kicked off a United Airlines flight in Houston after a passenger complained about her "pungent" odor. The woman, Queen Obioma, said the incident…

Friday, May 11

14

Texas doctors send letter slamming Blue Cross’ ER billing process

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Some of the state’s most influential doctors’ groups are pressing the insurance commissioner to investigate a change that Blue Cross and Blue Shield of Texas is making to its emergency room coverage. Starting June 4, some policyholders…

Thursday, May 10

01

FBI agents raid Dallas healthcare company

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Federal agents on Wednesday raided the northwest Dallas offices of a healthcare company. The target of the raid was Medoc Health Services, whose website says it provides "healthcare management services to an extensive network of top-tier…

Texas Health plans $300 million expansion to Fort Worth hospital

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A $300 million expansion being planned at downtown Fort Worth hospital will be the largest construction project in Texas Health Resources’ history, the health system said Wednesday. The expansion to Texas Health Harris Methodist Hospital…

Tuesday, May 8

00

Uber getting plans off the ground for air taxis in Dallas, Los Angeles

www.dallasnews.com

A year ago, Uber announced that Dallas would be the test ground for a new ride-hailing service that could allow customers to travel through the skies to work, home or a night out, thousands of feet above congested highways. The tech…

02

Steve Case and J.D. Vance urge Dallas investors to get behind local startups

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Riding across Dallas on a bright red bus, former AOL chief executive and co-founder Steve Case and his team visited some of the city's major hubs for startups and innovators. They had breakfast with some of Dallas' biggest names and…

Monday, May 7

22

Here's why drillers may pump even more oil out of Permian Basin, the biggest US oilfield

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Call it Permian, version 3.0. That's how Tim Dove, who leads Pioneer Natural Resources Co., refers to new well designs his company says are now pumping 35 percent more oil than their predecessors. And Pioneer's not alone: Rivals are also…