Official and independent economists have told state lawmakers that the $1.3 billion Texas economy has completely recovered from the Great Recession and is getting stronger.
The park and the Arts District have agreed on a partnership and a way to split revenue from a new property tax for a Public Improvement District, or PID. Park users think it’s necessary to retain the park’s attractiveness.
Big 12 Commissioner Bob Bowlsby said Friday that the league’s 10 schools will share a record $198 million for the 2012-13 school year, an amount expected to increase significantly going forward.
J.C. Penney Co.’s first-quarter revenue fell yet again and the struggling department store operator is pointing fingers at prior leadership
AMR Corporation, the parent company of American Airlines, Inc., has reported revenue of $24.9 billion in 2012, the highest yearly revenue in the company’s history.
While thousands of employees for the now bankrupt Hostess Brands Inc. are being shown the door, executives with the company could soon be receiving close to $2 million in bonus pay.
In an era of usually bad economic news, Arlington’s story is surprisingly upbeat. The city’s sales tax revenues were up nearly five percent from last year setting a new record for revenue. Some business owners say the city is evolving as a destination for consumers.
J.C. Penney Co. reported a bigger-than-expected loss in the third quarter on plummeting sales as customers continue to reject its move get rid of blockbuster sales in favor of everyday low pricing.
Southwest Airlines Co. says traffic fell in October but a key revenue measure still rose, indicating higher fares and many full planes.
The state’s chief revenue estimator says Texas tax revenues have bounced back to levels nearly equal to pre-recession levels.
The proposed state budget passed out of the House days ago in Austin leaves Dallas with a potential $24 million hole to fill, causing city leaders to dredge up the sort of tax talks no resident likes hearing.
Dallas residents will be paying more in property taxes, but the city says the extra revenue will save hundreds of jobs.