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Exxon Mobil's Profits Drop Exxon Mobil's 3rd quarter profits fell more than 60 percent after worldwide oil prices fell by about as much. KERA's Bill Zeeble has more on the Irving company's earnings.
American Airlines To Close Kansas City Maintenance The parent company of American Airlines, AMR, will close its Kansas City maintenance base by this time next year, cutting some 700 jobs. KERA's Bill Zeeble reports.
American Airlines Loses Millions in 3rd Quarter AMR, the parent company of American Airlines, says the carrier lost 360 million dollars in the 3rd quarter despite lower fuel prices. KERA's Bill Zeeble has more.
Air Traffic Rises For Southwest Airlines The numbers are in, and airline traffic rose in September for Southwest Airlines. That could mean improved options for passengers. KERA's Bill Zeeble has more.
Xerox To Buy Dallas-Based ACS Xerox says it will buy Dallas-based Affiliated Computer Services for 6.4 billion dollars to boost the size of its document management business, moving away from its copier and printer "roots." KERA's BJ Austin Reports
Local High-Rise Landlord Beefs Up Security A Dallas company that owns and manages nine high-rise office buildings is reviewing security this week after the foiled bombing of a downtown skyscraper last Thursday. KERA's BJ Austin reports.
American Airlines To Cut Some Retiree Insurance American Airlines says beginning next year, it will stop offering health insurance to retirees over 65 who pre-paid for the plan. The new rule will affect more than 3500 non-union retirees and spouses. KERA's Bill Zeeble has more
Dell Inc. To Aquire Plano-Based Perot Systems Round Rock-based computer manufacturer Dell Inc has agreed to purchase Plano-based IT company Perot Systems for just under 4-billion dollars. KUT's Ben Philpott reports the move gives the company the pieces it needed to compete against its U.S. counterparts.
TX Jobless Rate Highest In 22 Years The Texas unemployment rate in August rose to 8 percent. That's the highest it's been in 22 years. KERA's Shelley Kofler has more on the jobs picture
American Takes On Debt, Adds Flights American Airlines' parent company, AMR, says it's taking on nearly 3 billion dollars in debt to add routes and small jets to grow its service. KERA's Bill Zeeble has more
IPhone Campaign To Market Dallas Dallas Mayor Tom Leppert's iPhone "economic stimulus" campaign is already getting results. 25 customized, fully-functional iPhones have been mailed to CEO's with a video message from Mayor Leppert urging them to re-locate to Dallas.
DFW Airport Tightens Budget DFW Airport has cut 52 million dollars from next year's budget, according to airport director Jeff Fegan. He told Dallas City Council members the recession-driven drop in airline travel has cut into landing fee revenues. But, he says DFW Airport is faring better than most, with only a five percent drop in traffic.
Dallas Groundbreaking Launches Convention Center Hotel Dallas has broken ground on a 500 million dollar, 23-story Convention Center Hotel. KERA's BJ Austin was at the ceremony.
Blockbuster Could Shutter 960 Stores Troubled Blockbuster, headquartered in Dallas, could close nearly a thousand rental stores to better face competition. KERA's Bill Zeeble has more.
Southwest Airlines Gets FAA Extension Southwest airlines reached a last minute agreement with the FAA to replace some plane parts by late December instead of immediately. KERA's Bill Zeeble explains.
DART Gets Ready To Open The Green Line DART is running "test trains" on the new Green Line tracks between the Martin Luther King station and Victory, at the American Airlines Center. That newest segment of light rail begins passenger services in two weeks.
Dallas Commissioners To Launch Towing Investigation Dallas County Commissioners say they'll independently investigate allegations of possible wrongdoing by two Constables and a car towing service in southern Dallas. KERA's Bill Zeeble has more
Dallas To Go to Market With Convention Hotel Bonds This week, Dallas intends to place more than 500 million dollars in bonds on the market for the downtown Convention Center hotel. KERA's BJ Austin says the Mayor believes the timing it right. One local economist is not so sure.
City Works To Revive Southwest Center Mall Dallas City Hall is working on new plans to save Southwest Center Mall, at the intersection of Highway 67 and I-20 in South Dallas. Penney's and Dillard's have already moved out, and business is not that good for the remaining anchors, including Macy's, and Sears.
Oncor Gets Rate Hike Oncor electric bills are going up. The Public Utility Commission has granted a 115 million dollar annual rate hike. That's less than half of what Oncor requested. Terry Hadley, with the P-U-C, says customers will see an increase of $2.50 to $3.00 a month in their bills this fall.