Economy

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Bankrupt AMR, parent company of American Airlines, has told its unions that without more concessions, it will move to cancel all contracts next week in court.

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Four in ten people in Dallas are at risk of financial disaster. They live in “asset poverty” according to a new study. KERA’s BJ Austin reports.

Some Dallas teachers and city council members are challenging a plan to create a city-sponsored non-profit that would help a charter school. KERA’s Bill Zeeble reports on questions city leaders want answered about Uplift Education.

Gasoline prices are on the rise again. AAA-Texas says the average statewide price is six cents higher than last week. KERA’s BJ Austin says some energy analysts predict four-dollar-a-gallon gas by spring.

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Financial analysts say shoppers scouting for day-after Christmas bargains could put retailers on the road to a record-breaking holiday shopping season. KERA’s Jacqueline Fellows reports.

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Dallas-based telecom giant AT&T has pulled the plug on its $39 billion acquisition of T-Mobile USA, the company said Monday.  

For more than 100 years, a "marriage" between the city of Dallas and the State Fair of Texas has kept Fair Park going. But, it's not a marriage of equals. In this instance, one has money, one doesn't. KERA's BJ Austin says another couple is now at the center of the Fair Park/State Fair union -- and working to manage the "family finances."

State of Texas

The Texas Comptroller says the economic recovery is taking hold, producing higher than expected tax revenues.

State Comptroller Susan Combs said that could lead to a $1.6 billion budget surplus for the fiscal biennium ending in 2013. According to data she released Monday to the Legislature, the state is on track to collect $82.7 billion over the next two years. The 2012-2013 budget is only $81.1 billion.

In the last two budget cycles, lawmakers were forced to slash government spending to make up for budget deficits and tap the Rainy Day Fund.

Dallas, TX – Texas House Speaker Joe Straus says his top priority for the next legislative session is the economy. KERA's Jacqueline Fellows reports.

The San Antonio Republican told the Richardson Chamber of Commerce Thursday that he specifically wants to attract more manufacturers to the state.

Dallas, TX – If you're facing foreclosure you're more likely to get help from a bank than a federal loan program. That's according to former Dallas Mayor Steve Bartlett who now heads a private bankers group working to keep homes out of foreclosure. KERA's Jacqueline Fellows reports.

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