Citigroup readies for layoffs

Citigroup is undergoing a reorganization into a “new, flatter structure,” the New York-based banking giant previously stated. It’s the latest large financial company to look to layoffs as a way to cut costs amid eroding earnings and uncertainty in the economy. Top Featured Tags: – Texas News, – Business Press Release Distribution Service

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Longtime CEO of PlainsCapital Bank to retire

Jerry Schaffner is retiring next spring after more than 35 years working at PlainsCapital Bank, including 14 as president and CEO. During his tenure, PlainsCapital has grown to become the sixth-largest bank based in Texas with more than $13 billion in assets. Click through to read more about his career and the transition in the…

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How to Start a Ranch

Starting any ranch, particularly one with cattle means making big decisions. Choosing the right location is essential. You’ll need a comprehensive business plan to select the breed for your farm.  The productivity and health of your animals depend on pasture management and building appropriate infrastructure like pens and barns. Successful ranchers have a deep commitment…

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Apple’s Latest Logic Pro Update Elevates Music Production on Mac and iPad

Apple’s recent update to Logic Pro introduces an array of advanced features for Mac and iPad, setting a new standard in music production tools. This update is particularly significant for small business owners in the music industry, such as independent studios, music producers, and freelance composers, offering them enhanced capabilities to create high-quality music with…

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12 Best Hotel Franchise Choices

The hotel franchise industry has grown significantly in the last decade. In 2010, about 70% of branded hotels were franchise operations, but by 2019 that figure had jumped to about 80%, according to research by JLL.1 Most brands are recognizable names. Travelodge, Motel 6, Super 8 and Red Roof Inn may come to mind. But…

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Skybox to develop data center just south of Dallas

The deal, a partnership with Bandera Ventures and Principal Asset Management, “brings together expertise in multiple disciplines that are critical for delivering significant capacity in this dynamic data center market,” Skybox Datacenters CEO Rob Morris said. Click through to learn more about this project and to find out why DFW is such a hot landing…

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New CitySquare CEO wants to focus efforts on alleviating poverty

At CitySquare, which reported roughly $32 million in revenue in fiscal 2021, new CEO Annam Manthiram wants to bring stability and focus to a nonprofit helping those in poverty in Dallas. Click through for an in-depth interview with the head of a critical organization helping to alleviate poverty, and to check out DBJ’s list of…

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Toyota financing arm fined $60M for lending practices

Toyota Motor Credit is one of the largest indirect auto lenders in the U.S., with nearly 5 million customer accounts and more than $135 billion in assets as of late 2022, according to the Consumer Financial Protection Bureau. The government agency just ordered the Plano-based subsidiary of the Japanese carmaker to pay millions for allegedly…

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Are Your Employees Quietly Quitting?

You may have heard the term “quiet quitting,” where a team member has effectively given up on their job and is doing as little as possible just to get by in your company.  This trend reflects significant shifts in employee behavior and attitudes in the modern workplace since the COVID pandemic ended. This is happening…

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How to Start a Grocery Store

Local grocery stores play a vital role in communities for several reasons. They provide residents with easy access to fresh food and daily essentials, reducing the need for long trips to larger supermarkets. Many local grocery stores become community gathering places, fostering a sense of belonging and social interaction.If you want to be part of…

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Wix Introduces Advanced AI Chat for Personalized Business Solutions

Wix.com Ltd. has unveiled an innovative conversational AI chat feature. This new tool is designed to engage users from the moment they join Wix, offering a more intuitive and personalized experience in setting up their online business. Dynamic Interaction for Tailored Business Profiles The AI chat employs a human-like conversational approach, dynamically gathering information about…

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Tenet to sell 3 South Carolina hospitals for $2.4B

Tenet said it will sell the three hospitals in coastal South Carolina for more than $2 billion. Click through to learn more about the deal, including how Tenet plans to spend the proceeds, and to get the latest financials on the Dallas-based health care network. Top Featured Tags: – Business, – Texas News Press Release…

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Final Cut Pro Update Brings Advanced Video Editing to Mac and iPad

Apple has announced an update to Final Cut Pro, available for both Mac and iPad, introducing powerful new features that streamline the video editing process. This update, available later this month, is set to revolutionize the way small businesses approach video production, offering improvements in timeline navigation, expanded in-app content, and voiceover recording capabilities. Key…

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Business Credit Cards for Bad Credit: Top Picks for Entrepreneurs

If you have bad credit, don’t despair. You can repair bad credit, and one of the best ways to do that is by using business credit cards. Crazy, right? By owing money on a credit card, you can build business credit. But it can work that way for you. You just have to choose the…

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31 Top TikTok Influencers

TikTok has seen skyrocketing growth in the US, with many influencers coming to the fore. TikTok is known for its wide variety of content, including funny videos, lip sync videos, cooking videos, dancing videos, prank videos, and much more. TikTok influencers have built successful social media careers using the platform and have boosted their presence…

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U.S. Bank to expand in Dallas with private wealth office

A few years ago, this major bank with around $668 billion in assets opened a North Texas commercial office. Executives like what they found — they now plan to add a private wealth management office in Uptown. Click through to learn more about the company, which has its name on the stadium for the Minnesota…

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Sushi Bar coming to Dallas, bringing new cocktail lounge

Mind your step onto the car lift when descending into this subterranean sushi restaurant. “Dallas is the heart of Texas and the food scene here continues to impress and delight locals and travelers alike,” says the CEO of the hospitality group behind the concept. Top Featured Tags: – Business, – Texas News Press Release Distribution…

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How an entrepreneurial ecosystem is being seeded in the Texas Hill Country

The Texas Hill Country between San Antonio and Austin is becoming a more popular place for entrepreneurs. In a recent interview for the Texas Business Minds podcast, San Antonio Business Journal Editor in Chief Ed Arnold spoke with Justin McKenzie, head of the Boerne Kendall County Angel Network and board member of business incubator Das…

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Facebook and Instagram Announce More Monetization Options

Facebook and Instagram are introducing several updates to their platforms, aimed at providing creators with more avenues to earn money. These updates include a new holiday bonus, expanded subscription options, and enhanced advertising opportunities, demonstrating Meta’s commitment to supporting the creative community. Holiday Bonus for Creators A notable introduction is the holiday bonus program on…

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10 Places to Get Calligraphy Supplies for Your Business

If you’re looking to add a touch of elegance and sophistication to your business, calligraphy may be just the thing. To get started, you’ll need the right tools and materials. Here are 10 places where you can find calligraphy supplies, including fine art supplies, to help take your business to the next level. Let’s dive…

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100 Fantastic Thanksgiving Messages for Businesses

Thanksgiving is just around the corner. So it’s time for business owners to give thanks for their customers, clients, team members, partners, and anyone else who made an impact on operations this year. In preparation for the holiday, you may want to compose a quick message to people who have impacted your business in the…

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Dallas developer sells unopened St. Elmo Public Market in Austin

This Austin project was modeled after Pike Place Market in Seattle — a bustling place where customers could shop and eat. But it never opened, and the Dallas-based company that had been spearheading the development recently sold it to a real estate firm co-headquartered in New York and Nasvhille. Click through to read about other…

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