The Labor Department recently released statistics highlighting an apparent dramatic increase in child labor across the U.S., finding that thousands of children have allegedly been working illegally...
Coke Shareholders Vote Against ESG Proposal
Coca-Cola shareholders had to steer the world's largest nonalcoholic beverage company back on track after an unfocused environmental, sustainability, and governance (ESG) proposal was proposed at...
Olive Garden Owner Acquires Ruth’s Chris
Darden Restaurants, the owner of Olive Garden, has bought Ruth's Chris Steak House for approximately $715 million, accordingย to a press release from the company. Ruth's Chris Steak House was started...
Still No Decision on Unsold Yeezy Inventory
Adidas issued its first quarter earnings report early Friday and gave an update on what it plans to do with its now-defunct Yeezy footwear line. The demise of the Yeezy line, following Kanye Westโs...
New Target Retail Design Comes to North Texas
The Target Corporation is gearing up to bring one of its newly redesigned retail stores to North Texas. Minneapolis-based big-box retailer Target recently filed plans with the Texas Department of...
Apple, Google To Combat AirTag Stalking
Apple and Google announced on Tuesday that they have joined forces to create a new industry standard aimed at preventing lost-item trackers like Appleโs AirTag from being utilized to track...
Ford Cuts Back on Unprofitable Locations
Ford Motor Co. expects to take a $1.5 billion to $2 billion hit in 2023, as the automaker leaves certain unprofitable locations, the company said in its first quarter filing on Wednesday. The...
Semi-Private Charter Service Launches at DFW
Aero Technologies, a California-based semi-private charter jet service, has begun operating at Dallas Love Field Airport. The company said it is building a new category to bridge the divide between...
Interest Rates Surpass 2007 Mortgage Crisis
Interest rates in the U.S. have just hit the highest level since the start of the subprime mortgage crisis in 2007. Federal Reserve officials agreed to raise interest rates by 0.25% during their...
Tuesday Morning Going Out of Business
Tuesday Morning is going out of business. The Dallas-based discount retailer's stock experienced a precipitous decline in the past year. Just one year ago, its stock was trading at $29.75, and the...
TX Firm Buys South’s Oldest Fast Food Chain
Fast food chain Krystal is getting a new owner. SPB Hospitality, the owner of Loganโs Roadhouse, Old Chicago Pizza, and Taproom, announced on Thursday it had completed the purchase of The Krystal...
American Airlines Increases European Routes
American Airlines is expanding its international service to Rome and Dublin year-round. The airline will now operate daily flights throughout the year to Rome and Dublin, routes that were previously...
Engineer Regrets Advancing AI
The growing prominence and development of AI have led to a stark warning from the engineer who made the technology possible. Geoffrey Hinton, the man behind the 2012 AI breakthrough that led to the...
Spirit Airlines Brings Back Two DFW Routes
Spirit Airlines announced an expansion of its service from DFW International Airport this summer by restoring two routes: one to Boston and the other to Oakland. With this expansion, the budget...
Autonomous Taxi Company May Expand to Dallas
Cruise, a company that specializes in testing and developing autonomous car technology, may soon be coming to Dallas, according to job listings posted by the company. CEO Kyle Vogt said recently...
Pioneer Natural Resources CEO To Retire
The CEO of Irving-based fracking company Pioneer Natural Resources will retire at the end of the year. Scott Sheffield will step down as CEO and will be succeeded by Richard P. Dealy, who is...
Exxon and Chevron Q1 Report Beat Estimates
U.S. oil giants ExxonMobil and Chevron delivered their first-quarter earnings reports last week, posting a combined $18 billion in profits. Both companies posted fairly convincing earnings reports,...
UK Blocks Microsoft, Activision Blizzard Deal
Microsoftโs acquisition of Activision Blizzard has hit another roadblock. The UKโs Competition and Markets Authority (CMA) has blocked Microsoftโs proposed $69 billion acquisition of the video game...
Batteries Plus Announces Dallas Expansion
Batteries Plus, a repair franchise focusing on batteries, light bulbs, and key fobs, is opening 10 new locations in the DFW metroplex within the next five years, the company said in a press release...
IKEA Trims Costs With Product Redesigns
Furniture titan IKEA is combating rising input costs with sleek redesigns of some of the companyโs signature products. With inflation driving up the price of shipping costs and construction...
ChatGPT Founder’s Big Bet on Fusion
Sam Altman, the CEO of ChatGPT developer OpenAI, placed aย $375 millionย bet in 2021 to propel another new technology.