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Dallas Business Journal
Voters back tax for convention center expansion
Fort Worth voters approved an increase to the city’s hotel occupancy tax, the tax hotels collect when a guest stays in a room, by two percentage points in the May 4 election. The increase adds funds local officials and business leaders consider essential...
Dallas-based hospital system files for bankruptcy
Dallas-based Steward Health Care System LLC has filed for Chapter 11 bankruptcy protection. The for-profit, physician-owned system — and 166 of its affiliated debtors — filed May 6 in the U.S. Bankruptcy Court for the Southern District of Texas....
Billions in bond projects OK'd
A ton of municipal and K-12 development is on tap in North Texas after voters on May 4 approved a range of bond packages. City of Dallas voters approved all 10 bond propositions, authorizing the city to borrow $1.25 billion to spend on new parks, road...
Presidents, corporate leaders headed to Dallas for summit
Global corporate leaders and top U.S. and African government officials are arriving in Dallas to highlight economic opportunities on a continent that is often overlooked by businesses. The Corporate Council on Africa will host its 16th annual U.S.-Africa...
Dallas-based aerospace co. opens wallet again
Dallas-based Precision Aerospace Holdings LLC has completed its second acquisition in less than 10 months. Precision, a manufacturer of aerospace and defense components, announced on May 3 it has acquired Lewisville-based Owens Machine and Tool Co....
Live map: Here’s where H-E-B is making moves in DFW
H-E-B isn’t just a Central or South Texas thing anymore — after almost two years in the region, the San Antonio-based mega grocery chain has slowly yet surely embedded itself into the North Texas grocery landscape. In fact, H-E-B’s presence...
$345M raised in Dallas for deals
Latticework Capital Management LLC announced May 2 the close of its second fund with $345 million as private equity firms continue to rake in big money. The Dallas-based firm's latest fund, LCM Healthcare Fund II, was oversubscribed, exceeding its $275...
More DFW leaders to know revealed in 40 Under 40
Today, we announce the remaining selections of this year’s 40 Under 40 honorees. They include an IT engineer who volunteers her time to mentor girls on cybersecurity, the CEO who founded a fast-growing data center development firm, the founder of...
Pioneer now part of Exxon
Exxon Mobil Corp. announced early May 3 that it closed its acquisition of Dallas-based Pioneer Natural Resources Co., a deal with significant ramifications for Texas' oil and gas sector. The all-stock acquisition was valued at $59.5 billion, or $253...
$850M project with big-name backers takes shape in Fort Worth
An $850 million mixed-use project proposed in the ever-popular Cultural District of Fort Worth would significantly expand the footprint of office, residential and hospitality space in the area west of the city's downtown. The project is headed by Westside...
Inspiring young North Texans in spotlight
From a nonprofit leader who puts his love of bike riding to work to a CEO who designs special events, there are a ton of inspiring young people in Dallas-Fort Worth. Those are two of the honorees in this year's 40 Under 40 awards, an annual program...
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