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.
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.
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.
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.
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.
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.
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.
The General Motors plant in Arlington took a major step forward today in its plant expansion. The first shipment of gigantic equipment, that will be used to stamp out components for GM full-size SUVs, arrived at the Arlington plant.
The mid-priced department store chain reported another much larger-than-expected loss in the fiscal fourth quarter on a nearly 30 percent plunge in revenue in the latest sign shoppers aren’t happy with the changes it’s made in the past year.
A once vibrant section of Dallas could soon be getting a huge facelift. The Dallas Farmers Market was simply a place for farmers to sell goods. But over time, the number of food stands has dwindled.
Texas Gov. Rick Perry is heading to California to meet with business owners and promote Texas’ favorable job creation climate.
A new report shows that Gov. Rick Perry’s pet fund for high-tech startups in Texas is leaving room for $6 million in potential losses due to troubled investments.