Economy
Texas Unemployment Remains At 6.4 Percent
The Texas Workforce Commission said Friday the state unemployment rate for April remains a full point below the national rate of 7.5 percent.
Zoning Mistake Stops Property Owner From Opening Business
Harold Hamilton’s property is in the Stop Six neighborhood, an area in need of revitalization. Hamilton is hoping to open some doors of opportunity for his son.
President Obama Touts Austin-Area High School
President Barack Obama kicked-off his “Middle-Class Jobs and Opportunity Tour” by touting Austin as a role model for the rest of the nation.
Dallas Leaders Outline Plans For Growth In South
Lots of optimism coming from the Discovery Gardens at Dallas Fair Park where Mayor Mike Rawlings outlined his vision for the second year of Grow South, a plan to revitalize Dallas’ Southern Sector.
Bush Library Considered North Texas Economic Gem
The George W. Bush Presidential Center, what’s being called a prestigious gem for SMU, will be dedicated on Thursday and publicly opened May 1.
The presidential library and museum is a prestigious gem for SMU.
Gov. Perry Calls For $1.6B In Business Tax Cuts
Gov. Rick Perry is backing $1.6 billion in business tax cuts, even though he concedes it may mean tapping Texas’ once-untouchable cash reserves.
MLB Ticket Prices Up 2.7 Percent
Major League Baseball’s average ticket price rose 2.7 percent to $27.73 this year for non-premium seats, the steepest rise since a 5 percent hike in 2009, according to the Team Marketing Report.
13 Texas Airports Lose Money For Air Traffic Control
Thirteen small Texas airports will lose federal money for staffing air traffic control facilities as the Federal Aviation Administration works to trim hundreds of millions of dollars from its budget.
Penney’s CFO Says He And CEO Have No Plans To Quit
The word from J.C. Penney’s Chief Financial Officer Ken Hannah: neither he nor CEO Ron Johnson have plans to resign despite a growing chorus of critics calling for a management shake-up as they lose faith in a turnaround strategy.
JC Penney Cuts An Additional 2,200 Workers
J.C. Penney Co. confirmed Friday it’s eliminating an additional 2,200 jobs as the struggling department store chain slashes costs after a year of plunging sales and mounting losses.
J.C. Penney Shares Fall After Hours On Sale Report
Shares of J.C. Penney fell 10.6 percent on Tuesday to a four-year low after media reports said a large shareholder sold a chunk of the struggling retailer’s stock.
State Of The City Address Includes Budget Cut Details
Fort Worth Mayor Betsy Price gave her second State of the City Address Tuesday morning. During the speech she told more than 1,000 business and community leaders that she’s going to slash the budget so the city can finally operate without deficits.



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