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Business News

Wednesday, May 4, 2016 at 10:16 AM CDT

Aéropostale Files for Bankruptcy Protection

Aéropostale Files for Bankruptcy Protection

Aéropostale, once the vibrant epicenter of the U.S. mall scene, is seeking Chapter 11 bankruptcy protection. The New York company said Wednesday that it is closing 113 of its 739 U.S.

Wednesday, May 4, 2016 at 08:11 AM CDT

Majority of Americans Don't Have A Will: Survey

Majority of Americans Don't Have A Will: Survey

Nearly two weeks after the death of recording star Prince, much of the coverage has turned to the fact the 7-time Grammy winner apparently died without a will.

Tuesday, May 3, 2016 at 11:29 AM CDT

Reese Witherspoon Brings Fashion Line to Dallas

Reese Witherspoon Brings Fashion Line to Dallas

Fans of Reese Witherspoon will love this. The actor brings her Draper James fashion line to Dallas today. Market in Highland Park Village is the site of the first-ever Draper James pop-up shop.

Monday, May 2, 2016 at 04:26 PM CDT

Sports Authority to Auction Assets on May 16

Sports Authority to Auction Assets on May 16

National retail chain Sports Authority's future looks pretty bleak. The company announced in early March that it planned to close 140 of its 463 stores and filed for Chapter 11 bankruptcy protection in...

Monday, May 2, 2016 at 06:08 AM CDT

Australian Claims He's Founder of Bitcoin Digital Cash

Australian Claims He's Founder of Bitcoin Digital Cash

An Australian man long thought to be associated with the digital currency Bitcoin has publicly identified himself as its creator. BBC News said Monday that Craig Wright told the media outlet he is the...

Friday, Apr 29, 2016 at 08:19 AM CDT

Irving-Based Exxon Mobil Tops 1Q Forecasts

Irving-Based Exxon Mobil Tops 1Q Forecasts

Exxon Mobil Corp. (XOM) on Friday reported first-quarter earnings of $1.81 billion.

Friday, Apr 29, 2016 at 07:42 AM CDT

Rovi Buying TiVo in $1.1.B Cash-and-Stock Deal

Rovi Buying TiVo in $1.1.B Cash-and-Stock Deal

Rovi Corp. said Friday that it will pay $10.70 in cash and stock for each TiVo Inc. share. Rovi will pay $2.75 per share in cash, or about $277 million. The rest, $7.95 per share, will be paid in stock. Once...

Thursday, Apr 28, 2016 at 07:09 PM CDT

Prime Help Boost Amazon's Profits

Prime Help Boost Amazon's Profits

Prime shoppers helped drive Amazon's surprise profit surge in the first quarter. Shares of the e-commerce giant jumped in after-hours trading Thursday after it reported a 28 percent jump in revenue, to...

Thursday, Apr 28, 2016 at 04:12 PM CDT

Southwest, Delta Tangle Over Whether to Cut Fares

Southwest, Delta Tangle Over Whether to Cut Fares

No one should blame consumers for being perplexed by airfares -- even the airlines themselves can seem confused at times.

Wednesday, Apr 27, 2016 at 05:06 PM CDT

Facebook Reports Stronger-Than-Expected 1Q Results

Facebook Reports Stronger-Than-Expected 1Q Results

Facebook posted stronger-than-expected results for its first quarter, helped by a growing number of users and higher advertising revenue, especially on mobile devices. The social media giant on Wednesday...

 

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