Browsing: Business
Plano-based Foxworth-Galbraith Lumber has been acquired by an Illinois firm, marking a significant expansion in the regional lumber market. The deal aims to enhance supply chain efficiency and market reach.
Irish engineering firm H&MV has launched its North American headquarters in Dallas, aiming to create 1,000 jobs. The expansion marks a significant milestone in the company’s U.S. growth strategy.
Capital One is shifting to a hybrid work model, impacting over 5,000 employees in the Dallas-Fort Worth area. The move reflects the bank’s commitment to flexible, post-pandemic work arrangements.
Scotiabank’s CEO, Bruce Machen, is driving a US expansion with a strategic move to Midtown and the launch of a new Dallas hub, aiming to strengthen the bank’s presence and tap into key American markets.
The Dallas Fed Texas Service Sector Business Activity Index surged to 4.0 in October, rebounding sharply from September’s -1.8, signaling improving business conditions in the region’s service industry.
The US Dallas Fed Manufacturing Business Activity Index rose to 13.4 in October, surpassing September’s 9.8 and August’s 11.6. Expectations for October were 7.0, marking a stronger-than-anticipated growth.
SIXT expands its U.S. airport network with two new locations at Dallas Love Field and Boise Airport, enhancing its presence and offering travelers greater rental options across key domestic hubs.
Global Indian restaurant chain Biryani Blues is set to make its U.S. debut in Frisco, Texas. Known for its authentic flavors and diverse menu, the opening marks a milestone in expanding Indian cuisine across America.
US oil and gas output rose in Q3, but producers remain cautious amid uncertain price forecasts, the Dallas Fed reported. Despite increased production, market volatility keeps industry outlook guarded.
JPMorgan Chase will close its Design District branch near Dallas Market Center, citing strategic consolidation. The move impacts local customers as the bank shifts focus to digital and larger locations.
Taiwan Expo USA 2026 returns to Dallas, spotlighting innovation and strengthening U.S.-Taiwan ties. The event aims to boost trade, technology, and cultural collaboration between the two partners.
North Dallas businesses express strong support for the proposed Mavs arena, calling it a “win-win for everybody.” Local merchants anticipate increased foot traffic and economic growth from the new development.
Ben Iroha, former Super Eagles star at the 1994 USA World Cup, has successfully transitioned from football to business. Now a thriving entrepreneur in Dallas, his journey exemplifies resilience and reinvention.
Global beverage bottler eyes southern Dallas for its first U.S. plant, aiming to expand operations and tap into local markets. The move signals growth and increased investment in the region’s manufacturing sector.
AT&T faces scrutiny after San Antonio leaders expressed shock over the 2008 HQ move to Dallas. The company dodged questions, fueling concerns about transparency and local impact, reports Dallas Express.
Dallas has recorded the highest 5-year increase in property taxes among major U.S. cities, a new study finds. The surge raises concerns over housing affordability and impacts homeowners across the metro area.
The Dallas Fed warns that tokenized deposits could reduce U.S. banks’ lending capacity by $700 billion, raising concerns over financial stability as digital assets reshape the banking landscape.
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Leasing activity in the Dallas-Fort Worth area surged 13%, signaling robust demand and economic growth, reports Capital Analytics Associates. The commercial real estate market shows strong momentum amid regional expansion.
Taiwan Expo USA has opened registration for its 2026 business matchmaking program after the 2025 event generated $96 million in potential procurement value, highlighting strong trade opportunities between Taiwan and the U.S.