Business news

US Airways

At this hour, US Airways’ last flight is underway.  By tomorrow, the carrier becomes fully integrated into Fort Worth’s American Airlines. Managers hope to complete the merger without online reservation problems that others dealt with.

Neiman Marcus

The 89th Neiman Marcus Christmas Catalog, known as the ‘book,’ just came out. And while there’s no His and Hers Beechcraft planes for $176,000 – those are from 1960 --  there is a $90,000 trip to the edge of space. Here’s the latest from the Dallas-based luxury chain.

Jerome Weeks/KERA

The Lakewood Theater has been an institution in East Dallas since 1938, and its owners are looking for new tenants. Preservationists said the original space -- filled with a single movie screen, whimsical murals and a grand, carved staircase -- could be drastically changed.

Sean Davis /

More than 14.2 million people are expected to fly over the seven days surrounding the Labor Day holiday, a 3 percent increase from last year, according to Airlines for America, the industry's trade and lobbying group. 

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.