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Business News

Tuesday, Aug 16, 2016 at 12:41 PM CDT

TPG Capital to Buy 2 Telecommunications Firms for $2.25B

TPG Capital to Buy 2 Telecommunications Firms for $2.25B

Texas-based TPG Capital has agreed to purchase two telecommunications companies in separate deals totaling $2.25 billion.

Tuesday, Aug 16, 2016 at 05:59 AM CDT

Google's Duo App Joins Crowded Field of Video Calling

Google's Duo App Joins Crowded Field of Video Calling

Google's video chatting app has arrived. The app, dubbed Duo, represents Google's response to other popular video calling options, including Apple's FaceTime, Microsoft's Skype and Facebook's Messenger...

Tuesday, Aug 16, 2016 at 05:06 AM CDT

San Antonio-Based Grocer H-E-B Buys Six DFW Sites

San Antonio-Based Grocer H-E-B Buys Six DFW Sites

San Antonio-based H-E-B/Central Market just made another big leap into the Dallas-Fort Worth market with the purchase of six Sun Fresh Market stores.

Monday, Aug 15, 2016 at 10:49 AM CDT

Guests' Data May Have Been Hacked at Hotels

Guests' Data May Have Been Hacked at Hotels

Hyatt, Sheraton, Marriott and Westin hotels in 10 states and the District of Columbia may have been targeted by hackers for months. According to the hotel operator HEI Hotels & Resorts, malware put into place...

Friday, Aug 12, 2016 at 09:31 AM CDT

McDonald's Picks Up Pumpkin Spice Game

McDonald's Picks Up Pumpkin Spice Game

Yes, it's August. But we're just a few weeks away from Pumpkin Spice latte season, and McDonald's is already working to beat Starbucks to the punch.

Friday, Aug 12, 2016 at 12:01 AM CDT

Granbury's Revolver Brewing Sold to MillerCoors

Granbury's Revolver Brewing Sold to MillerCoors

The North Texas brewery that makes the popular Blood and Honey ale has been sold to MillerCoors, the companies announced Thursday.

Thursday, Aug 11, 2016 at 10:40 AM CDT

Southwest Outage Cost Est. $54M

Southwest Outage Cost Est. $54M

The cancellation of more than 2,000 Southwest Airlines flights due to a computer outage last month will cost the carrier an estimated $54 million.

Thursday, Aug 11, 2016 at 08:06 AM CDT

Macy's to Close 100 Stores Nationwide

Macy's to Close 100 Stores Nationwide

Macy's announced Thursday plans close approximately 100 of its department stores, the latest effort to adapt to shifting consumer shopping patterns and more online competition, CNBC reported. The 100 store...

Monday, Aug 8, 2016 at 09:41 AM CDT

Wal-Mart to Acquire Jet.com for $3.3B Cash, Stock

Wal-Mart to Acquire Jet.com for $3.3B Cash, Stock

Wal-Mart has agreed to buy fast-growing online retail newcomer Jet.com, which had launched with a splash a year ago when it announced its intention to challenge online leader Amazon. Wal-Mart is paying...

Monday, Aug 8, 2016 at 06:33 AM CDT

Amazon Japan Raided on Suspicion of Antitrust Practices

Amazon Japan Raided on Suspicion of Antitrust Practices

Japan's Fair Trade Commission has raided the offices of Amazon's local unit on suspicion of pressuring retailers to offer products at lower prices than on rival sites, the Nikkei business daily said on...

 
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