Business

Business news

Aidan Wakely-Mulroney / Flickr

A professor and associate dean at the Harvard Business School has been selected as the new president of the Federal Reserve Bank of Dallas.

Courtney Collins / KERA News

NorthPark Center turns 50 this week. At a time when shopping malls are closing, NorthPark remains one of the top-performing malls in the country, generating more than $1 billion in sales a year.

American Airlines Group

Fort Worth based American Airlines set an all-time earnings record today for the second quarter; it made nearly $2 billion. That news comes a day after Dallas-based Southwest announced its OWN all-time best.

Texas Central

Texas Central Partners introduced a new CEO today -- and announced that it’s raised $75 million for its private bullet train. The high speed rail would whisk riders between Dallas and Houston in 90 minutes, with a stop near College Station.  Here’s the new CEO Tim Keith with his take on the project.

Lauren Silverman/KERA News

Profits for Dallas-based Texas Instruments are looking good – and it’s not from selling calculators. TI’s automotive business is growing faster than the rest of the company, thanks to selling microprocessors and car technology. 

elycefeliz / Flickr

Half a dozen bills designed to raise the state’s minimum wage are working their way through a Texas House committee. Currently, Texas pays at the federal rate which is $7.25 an hour.

A significant bump in hourly pay could be a long shot in a staunchly conservative legislature. One advocacy group has just issued a study endorsing President Obama's call to raise the minimum wage to $10.10 an hour.

Bill Zeeble / KERA News

Neiman Marcus, Dallas’ famous high-end retailer, is the first store with a full-size digital mirror. It records what you try on so you can compare clothes side by side then lets you share those looks with others online. The high-tech mirror arrived at a North Texas store last month.

Bill Zeeble / KERA News

It’s Fare-war time again at Love Field. Virgin America announced it’ll fly from Dallas to Austin for $39. That got the attention of Dallas-based Southwest, which built its business, in part, on that route.

Trade Group Brings Promotional Swag To Dallas

Feb 5, 2015

This week, the Kay Bailey Hutchinson Convention Center is filled with branded pens, mugs and t-shirts, along with tchotchkes that are much more memorable and weird, like the Texas shaped engraved cutting board.

Steve Carlton / Flickr.com

Backers boast that tonight’s College Football Championship game in Arlington will bring in as much as half a billion dollars to North Texas. We heard similar numbers about last April’s Final Four. And four years ago, the impact of the Super Bowl was estimated as high as $611 million. But are those sky-high estimates grounded in reality?

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