Business news

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.

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.