Dallas Business News - Local Dallas News | Dallas Business Journal

    Uber's reach in North Texas extends as food-delivery service acquires local software company
    The Dallas area is riding more of Uber Technologies? growth. Its food-delivery service, Uber Eats, has acquired Flower Mound-based OrderTalk, a provider of ordering software for the restaurant industry. This isn?t a big local company ? it had less than 30 employees last year ? but it was significant in that one of the largest, most closely watched technology companies in the Silicon Valley wanted it in its own family of products. Uber didn?t immediately respond to an inquiry seeking?

    Form D Friday: Dallas retail startup Neighborhood Goods bagging up $5.5M fundraising round
    A Dallas startup planning to build ?social spaces? that include food, music and public speakers as a way to reboot the struggling brick-and-mortar retail space has raised capital.

    Frito-Lay adds Bare Snacks to its healthy offerings
    PepsiCo Inc. is buying a healthy snack company that will be overseen by its subsidiary Frito-Lay. New York-based Pepsi (NYSE: PEP) announced Friday is will acquire Bare Foods Co., which does business as Bare Snacks and makes baked fruit and vegetable snacks. Financial terms of the deal were not disclosed. Bare is expected to expand Frito-Lay?s portfolio of healthy options. According to a news release from Pepsi, it is the leader apple, banana and coconut snacks. "We are thrilled to work with?

    DFW Airport expects a record-breaking summer for traveling
    DFW Airport is anticipating a record number of travelers will pass through its doors this summer. The airport projects 19 million customers will fly through its gates this summer, a 4.4 percent increase from last year. And the airport is prepping for more than 1.3 million people over Memorial Day weekend. DFW Airport didn't say why it's expecting the rise in passenger travel this summer, but the combination of a strong economy and some added flights out of the airport are likely the cause. Airlines?

    Survey: Hispanic business owners more optimistic about their companies' futures
    Hispanic owners of small businesses across the country were generally more bullish about their companies' growth than small business owners overall, according to a survey conducted in fall 2017 by GfK Public Affairs and Corporate Communications on behalf of Bank of America Corp. The organization surveyed more than 1,000 owners of companies with less than $5 million in revenue and fewer than 100 employees. Nearly 400 of them self-identified as Hispanic, with many saying Spanish was their primary?

    See the local stock aftermath from first quarter reports
    Quarterly reports early this year fueled some big stock moves ? both on the upside and the downside. Among the largest North Texas public companies, shares declined as much as 22 percent and rose as much as 19 percent in the regular trading sessions following quarterly earnings announcements. The massive swings drew from many sectors, including retail, technology and health care, though some names were more recognizable than others. A majority, 15 of the top 25 examined for this report,?

    Deals Day: Local real estate titan expands residential portfolio
    Crescent Real Estate LLC, led by local real estate titan John Goff, has expanded its residential portfolio. Using money from its GP Invitation Fund I, Crescent purchased Edgewater Crossing, a 266-unit multifamily property in Panama City Beach, Florida, as well as 6.5 acres adjacent to the complex. Financial terms of the deal were not disclosed. Edgewater was built in 2014 and is adjacent to Hombre Golf Club, which has hosted PGA golf events. ?Edgewater Crossing is an attractive property with?

    In the last 10 days, DFW units of Lockheed Martin have scored nearly $1B in deals
    Lockheed Martin is DFW's largest manufacturer by employee count. Two of its business units are based in North Texas with aeronautics in Fort Worth and missiles and fire control in Grand Prairie.

    Mayor Rawlings gives southern Dallas growth mission a B+ overall
    Dallas Mayor Mike Rawlings gave his expansive initiative to jump start investment, development and job creation in the city?s southern half a B-plus overall in a ?progress report? delivered to business, government and community leaders Thursday. ?When you look at the initiative overall, I?m very proud of what we?ve done mainly because people are talking about it,? Rawlings said in remarks to the media at the Trinity Forest Golf Club, where the AT&T Byron Nelson Golf Tournament was?

    AT&T taps Best Buy executive as new chief digital officer
    AT&T (NYSE: T) turned to an electronics retailer for its new chief digital officer. The telecom giant added Bala Subramanian, formerly of Best Buy, to the post last month, according to his LinkedIn profile. He held the same position at his previous employer for more than a year. ?Bala will lead our efforts to provide a seamless omnichannel customer experience,? according to an AT&T spokesman. ?He has a strong track record of leading digital transformations and we look forward to the?