Dallas Business News - Local Dallas News | Dallas Business Journal


    Potential $6.5B deal for Lockheed Martin F-35s gets U.S. approval
    The U.S. State Department approved a possible foreign military sale in which Belgium would purchase 34 F-35 aircraft for an estimated $6.5 billion, the government agency announced last week. The F-35 is a fifth-generation fighter jet manufactured by Lockheed Martin Corporation (NYSE: LMT) in Fort Worth. Also included in the deal are 38 Pratt & Whitney engines, four of which are spares. "This proposed sale will contribute to the foreign policy and national security of the United States by helping?


    Carrollton company acquired by personal care giant Edgewell
    A North Texas company offering men?s skincare products is being scooped up by a personal care giant. Jack Black LLC, based in Carrollton, has agreed to be acquired by Edgewell Personal Care Co. for an undisclosed amount. St. Louis-based Edgewell (NYSE: EPC) is the owner of other well-known care brands such as Schick, Playtex, Stayfree, Banana Boat and Wet Ones. The transaction is expected to close in the second quarter, subject to customary closing conditions. Edgewell plans to fund the purchase?


    How this finance executive is driving healthy growth at ZoŽs Kitchen
    In his roughly two years at Plano-based ZoŽs, Sunil Doshi has helped the company add dozens of restaurants and grow sales by double digits.


    Amazon's real estate chief outlines the company's top priorities for HQ2
    Amazon.com Inc. (Nasdaq: AMZN) real estate chief John Schoettler emphasized key priorities for the company?s HQ2 search at an event at Seattle's Sheraton Hotel on Friday morning.


    Where does Texas rank among the best states to retire?
    Retirement may mark the end of a career, but it's also a time for new beginnings. For those thinking of relocating, WalletHub ranked the best states for retirement based on factors such as affordability, available health care and quality of life.† Florida came in at No. 1 and ranked high in affordability and quality of life. The state also has the highest percentage of residents aged 65 and older. Texas ranked toward the middle of the pack, at No. 22. It was ninth in the nation for affordability,?


    Initial plans unveiled for Texas bullet train?s Brazos Valley station
    Developers of Texas? high-speed rail project have unveiled some details about the station that will be built in the Brazos Valley between Houston and Dallas.† The station will be on 60 acres in the Roans Prairie area of Grimes County, according to a Jan. 18 press release from Texas Central Partners LLC, which already has agreements with the site?s current owner. The site is along Highway 30 and just west of Highway 90, about halfway between College Station and Huntsville, per the release.† A?


    Texas economy will shift into 'higher gear' in 2018, Dallas Fed predicts
    An executive with the Federal Reserve Bank of Dallas pointed to growth in employment and oil production as reasons to be bullish about 2018.


    What's In Your Garage? How this master tailor designed his rides (Video)
    Bob Baumann, owner of Edward Baumann Clothiers in Addison, often will wrap up lunch at 1:15 p.m. and not schedule his next appointment until 3 p.m.† During that 1 Ĺ hour span he can be found in a parking lot, likely in the backseat of his 2014 Mercedes S-Class 550.† ?I?ll just sit there, collecting my thoughts or making notes, because the second I get (in to work) it?s like I?m on stage. It?s show time,? Baumann said. Think of it as his $120,000 stress reliever on wheels.† Loaded?


    Dallas Mayor Rawlings to Amazon's Jeff Bezos: Hey, soul sister
    As the race to reel in online retail whale Amazon heats up, things are getting a little bit wacky. Take, for instance, Dallas Mayor Mike Rawlings? comment on FOX Business Network?s Varney & Co. in which the mayor claimed Big D is ?really kind of soul sisters to Amazon.? How so? "Think of how they?ve grown in the last 10 or 15 years,? Rawlings said. ?That?s us. We?ve created more jobs in America than any city in the United States. We know how to kind of keep costs low. Our cost?


    Form D Friday: Venture capital firm tied to Dallas' Maverick Capital raises $130 million
    A venture capital firm tied to Dallas investment giant Maverick Capital raises its first fund, a private wealth management firm started last year raises an energy fund, and Dallas medical company Endostim taps investors for a fund raise.