Business

5:38 pm
Mon December 17, 2012

Beyonce, Harry Potter And Superman Explain The Fiscal Cliff

Are you having trouble distinguishing between the fiscal cliff and Oak Cliff? Here's a handy guide, complete with charts and superstar GIFs, to how we got from surplus to cliffside, courtesy of the Washington Post's Wonkblog.
Once upon a time, there was a budget surplus. A big budget surplus, in fact. In July 2000, the Congressional Budget Office estimated that if discretionary spending kept growing at the rate of inflation, the next 10 years would see a combined surplus of about $2.8 trillion.
4:31 pm
Tue December 11, 2012

Texas-Grown Evergreens That Only Charlie Brown Could Love

Last year, drought killed the grown-in-Texas Christmas tree business. This year brought more rain, but as NPR's StateImpact Texas reports, the remaining evergreens are pretty scrawny, and many buyers are looking elsewhere.
Drought takes no prisoners, and Christmas trees are no exception. The 2011 drought decimated Texas wildlife, and not even resilient evergreens could take the heat. This left Christmas tree farmers in Texas with little or no trees to sell during the holidays.
Business
5:14 pm
Fri December 7, 2012

American Airlines Pilots Approve Deal

American 737-800
American Airlines

By an overwhelming 74 percent margin, American Airlines pilots have voted to ratify the tentative contract hammered out with the bankrupt carrier. Voting ended Friday at noon.

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10:21 pm
Sun December 2, 2012

Texas Gives Out More Business Incentives Than Any Other State

Under Rick Perry, the state provides $19 billion a year, a New York Times analysis finds.
DALLAS - The Preston Hollow neighborhood has been home to many of Texas' rich and powerful - George and Laura Bush, Mark Cuban, T. Boone Pickens, Ross Perot. So it is hardly surprising that a recent political fund-raiser was held there on the back terrace of a 20,000-square-foot home overlooking lush gardens with life-size bronze statues of the host's daughters.
Business
12:10 pm
Thu November 29, 2012

Texas Instruments Workers Get Layoff Notices

Dallas-based Texas Instruments is one of the largest chipmakers in the world.
Texas Instruments

Dallas-based Texas Instruments has begun sending layoff dates to 1,700 employees , 500 of them in North Texas.

TI, which isn't closing any plants, announced the cuts to its worldwide staff two weeks, ago saying they are part of a strategic shift to refocus its wireless business.

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4:24 pm
Tue November 27, 2012

America's No. 1 Migration Magnet: Big D Stands For 'Destination'

Dallas-Fort Worth tops 'Forbes' magazine's list of cities where the biggest number of Americans are moving. And that's not the only good news for Texas: Austin lands at No. 3, Houston at No. 5 and San Antonio at No. 8.
For all the talk of how the Great Recession has driven people -- particularly the young -- toward dense urban centers, the data actually reveals that Americans continue to move largely to the same generally sprawling Sun Belt regions as before, while New York, L.A. and Chicago are on the losing side of the equation.
4:00 pm
Wed November 21, 2012

Judge Says RIP, Hostess

Twinkies may be built to live forever, but a federal bankruptcy judge put the final nails in the coffin for Irving-based Hostess Brands today. The move clears the way for the Twinkies, Ding Dongs and Ho Hos to go on the auction block.
A federal bankruptcy judge approved Hostess Brands' plans to wind itself down, officially putting the Twinkies brand on the auction block. In granting Hostess' motion, Judge Robert D. Drain of the Southern District of New York cited the need for a quick and orderly shuttering of the company to avoid letting its assets molder.
Business
6:00 am
Wed October 17, 2012

Southwest Hikes Fares

Air fares are up again, and in some cases, a lot. KERA’s Bill Zeeble has some details.

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Business
9:45 pm
Thu September 27, 2012

American Airlines Ratchets Up Heat On Pilots

Andrew Morrell flickr

American Airlines says it’s serious about taking pilots to court if, as the company claims, they continue to disrupt flights. And if that happens, the pilots union could be fined millions.

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Business
6:52 pm
Thu September 20, 2012

Some Travelers Unhappy with American Airlines Delays

North Texas travelers now have fewer flights to choose from out of DFW. American Airlines has cut up to two percent of its flights following an increase in delays and cancellations.

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