Dallas Business Journal staff - HoustonNewMedia.org

7-Eleven shoots down takeover bid from rival

Dallas Business Journal staff — Fri, 06 Sep 2024 19:57:38 +0000

The Japanese owner of Irving-based 7-Eleven has rejected a buyout offer from Alimentation Couche-Tard Inc., a rival power in convenience stores.

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It’s official: Kelly-Moore Paint Co. to move headquarters from California to North Texas

Dallas Business Journal staff — Mon, 24 Apr 2023 13:07:52 +0000

A recent approval has spurred forward Kelly-Moore Paint Co.'s headquarters move from California to Dallas-Fort Worth.

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Dallas-based Tex-Mex restaurant Mi Cocina expanding to Houston again

Dallas Business Journal staff — Fri, 10 Feb 2023 21:06:07 +0000

Mi Cocina Houston will become the concept's 24th location and is expected to employ between 80 and 100 people.

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Southwest Airlines names new CIO to aid with technology fixes after holiday meltdown

Dallas Business Journal staff — Thu, 02 Feb 2023 21:03:33 +0000

Dallas-based Southwest Airlines Co. has promoted Lauren Woods from vice president of technology to senior vice president and chief information officer.

Woods, who joined Southwest (NYSE: LUV) in 2010, will play a key role in assisting with the airline...

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Jacobs promotes former Schlumberger exec to CFO

Dallas Business Journal staff — Thu, 26 Jan 2023 21:10:41 +0000

Claudia Jaramillo joined Jacobs in July 2022 in her current role. Before joining Jacobs, she spent over 20 years with Houston-based energy services company Schlumberger.

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Texas named fastest-growing state in the nation by Census Bureau

Dallas Business Journal staff — Thu, 29 Dec 2022 16:40:23 +0000

Texas has been named the fastest-growing state in the U.S., according to data provided by the U.S. Census Bureau.

According to the report, Texas added 470,708 people between July 1, 2021, and July 1, 2022. The total state population is now 30,029,572....

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Exxon sells Irving campus to Capital Commercial Investments ahead of Houston move

Dallas Business Journal staff — Fri, 23 Dec 2022 21:51:26 +0000

The deal is a sale-leaseback through next year, according to a Dec. 22 CoStar report. Exxon's headquarters move to the Houston area is expected to be complete by mid-2023.

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Southwest Airlines customer service agents agree to 5-year labor deal with 25% pay increase

Dallas Business Journal staff — Mon, 19 Dec 2022 19:56:10 +0000

The new five-year agreement includes wage increases, higher bonuses, improved vacation language, part-time employee overtime wage rate improvements and improved mandatory overtime protections for all employees.

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Texas Capital Bank creates new charitable foundation to expand philanthropic efforts

Dallas Business Journal staff — Tue, 13 Dec 2022 17:10:21 +0000

The Texas Capital Bank Foundation will double the finance company's commitment to the community through grants and awards.

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T. Boone Pickens’ Mesa Vista Ranch sells for $170M

Dallas Business Journal staff — Tue, 06 Dec 2022 14:08:38 +0000

The approximately 65,000-acre property has now been sold for $170 million, a markdown from the initial $250 million asking price and subsequent price cut in 2020.

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Kodiak Robotics and Ikea partner for Houston-DFW autonomous trucking route

Dallas Business Journal staff — Tue, 18 Oct 2022 17:26:43 +0000

Kodiak Robotics has partnered with Ikea to use its autonomous trucks to deliver supplies from the Swedish furniture giant's Houston-area distribution center to a store in the Dallas-Fort Worth area.

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Bloomberg: Exxon considering a takeover of Plano-based Denbury

Dallas Business Journal staff — Wed, 12 Oct 2022 13:11:14 +0000

Denbury has the largest carbon dioxide pipeline network in the U.S. The Bloomberg report said that Exxon has expressed preliminary interest in the company but that no final decision has been made.

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Southwest Airlines President Mike Van De Ven stepping down, other execs promoted

Dallas Business Journal staff — Wed, 28 Sep 2022 16:06:33 +0000

Mike Van De Ven added the president role to his COO title in September 2021, a few months after Bob Jordan was named the company's next CEO.

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$5B GlobiTech semiconductor manufacturing facility planned for Sherman, Texas

Dallas Business Journal staff — Tue, 28 Jun 2022 12:53:36 +0000

The project could create 1,500 new jobs and potentially generate up to $5 billion.

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Caterpillar relocating global headquarters from Chicago area to Irving, Texas

Dallas Business Journal staff — Wed, 15 Jun 2022 16:52:37 +0000

Caterpillar is a top manufacturer of construction and mining equipment and ranks No. 73 on the Fortune 500.

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Southwest Airlines announces leadership promotions across the company

Dallas Business Journal staff — Mon, 07 Feb 2022 20:24:01 +0000

This isn't the first round of executive changes since Southwest announced its CEO transition in June.

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Pioneer Natural Resources to acquire Parsley Energy in $4.5B deal

Dallas Business Journal staff — Tue, 20 Oct 2020 22:43:30 +0000

The deal combines two publicly traded Texas oil giants.

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Internal documents show Exxon’s growth plan dramatically increases emissions, Bloomberg reports

Dallas Business Journal staff — Tue, 06 Oct 2020 19:31:56 +0000

Exxon Mobil Corp.'s own evaluation of its ambitious growth plan shows the plan would would dramatically increase emissions, according to a report from Bloomberg News.

Bloomberg based its reporting off internal Exxon Mobil (NYSE: XOM) documents it obta...

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CEC Entertainment, parent of Chuck E. Cheese, files for bankruptcy protection under coronavirus’ strain

Dallas Business Journal staff — Fri, 26 Jun 2020 13:30:30 +0000

As hundreds of Chuck E. Cheese and Peter Piper Pizza locations work to reopen across the country, parent company CEC Entertainment Inc. has filed for Chapter 11 bankruptcy protection.

The Irving, Texas-based arcade and pizza restaurant chain — and 16...

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Sure, Texas is starting to reopen. But do consumers want to go out?

Dallas Business Journal staff — Tue, 05 May 2020 13:40:38 +0000

As of Friday, May1, consumers in Texas can visit restaurants, retailers, malls and movie theaters as certain strictures put in place related to COVID-19 lift.

But new data from Deloitte shows that a majority of consumers aren’t ready to risk their hea...

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