Business

 

 

The Last Word: Arlington Mayor Jim Ross on How the City Is Creating a Skyline

Ross was elected mayor of Arlington in June 2021, and one of his goals for the city is to have something Dallas and Fort Worth are both known for: a signature skyline. He's a business owner (of the Mercury Chophouse on the city's Lamar Boulevard) and the principal attorney of the Jim Ross Law Group since 2008. But after reading Spencer Brewer's story about him in the Dallas Business Journal, you might add another job to his list: Skyline booster.
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DI People: Southwest Airlines, Hyosung, GlassView, and More Make Leadership Moves
by | Sep 30, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from ECI Software Solutions, CIEN+, Daseke, Richardson Chamber of Commerce, Schneider Electric, INFOLAB, Meritize, and others.
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Follow the Money: Book.io Aims to Put E-Books on the Blockchain with New Funding, Tech Startup Kalpa Aims to Raise $1M, and More
by | Sep 30, 2022
In this week’s North Texas deal flow, you’ll also find news about crowdfunding platform Harvest Return landing $2.5M; Supply’s acquisition by Foundry Brands; Moss Adams acquiring local CPA firm Kurtz & Company P.C.; Tri Global Energy being acquired for $270M by Canada's Enbridge; and more.
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Local Business Legend Thomas O. Hicks To Join the Ranks of the Texas Business Hall of Fame
by | Sep 29, 2022
A leader in the local private equity and sports business space, Thomas O. Hicks will be inducted at a ceremony put on by the Texas Business Hall of Fame Foundation in early November, joining others from Houston and Austin. The former owner of the Dallas Stars and Texas Rangers, Hicks currently serves as the founder, chairman, and partner of local family office Hicks Holdings and as a senior partner and director at Dallas' The Beneficient Company Group. Hicks will join other local business legends like Mark Cuban and Ross Perot, Jr. in the Texas Business Hall of Fame, which has been inducting new members since 1983.
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Dallas-Based ~Pourri ‘Flips That Funk’ With New Music Video Brand Campaign

by | Sep 29, 2022
~Pourri founder and CEO Suzy Batiz spent years trying to mash up the idea of "funky smells" with funk music. Then she stumbled on a video by the dance group Ghetto Funk Collective on social media. "One month later we were filming with an incredible crew and the Ghetto Funk Collective in Amsterdam," Batiz told Dallas Innovates. "It was a dream come true." Check out the campaign's first two spots—and see how it all came together.
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Schneider Electric Names Dallas-Based Joshua Dickinson as Its North American SVP and CFO
Schneider Electric—a France-based global leader in the digital transformation of energy management and automation—brands itself with the message "Life Is On." Now it's tasking Dickinson with responsibility for all its financial operations in the $8 billion North American region—from driving microgrid innovations to helping Schneider achieve a "real energy transition." "The company is doubling down on its commitment to building a more sustainable and electrified future," Dickinson told Dallas Innovates.
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Hyosung America Announces New Chief Executive Officer
by | Sep 28, 2022

Irving-based Hyosung America Inc. announced that Sang Hwan Kweon has been appointed chief executive officer of the North American leader in cash management solutions.

Kweon, an experienced business leader, succeeds Hee-Eun Ahn, who recently announced his retirement, effective Oct. 1. Most recently, Kweown was chief operating officer.

“We have seen tremendous growth over the past four years....

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Cultural Intelligence Firm CIEN+ Adds Chief Growth and Planning Officer
by | Sep 28, 2022
Ivan Sanchez will oversee the firm's global growth roadmap amid "its path of triple-digit growth." The industry veteran, who has been honored with a string of Effies, Cannes Lions, and other global awards, will leverage CIEN+'s proprietary capabilities in A.I. powered-insights and its inclusive creative services.
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The Last Word: John Howard on How SMU’s New Lab Is Working to Reduce Bias in AI

by | Sep 28, 2022
The goal of SMU's Intelligent Systems and Bias Examination Lab (ISaBEL) is to quantify and minimize bias in artificial intelligence systems. It will explore how AI systems—like facial recognition algorithms—perform on a wide range of diverse people. The Lab will investigate ways that bias can be reduced in these systems through cutting-edge research, standards, and other peer-reviewed studies.
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UT Southwestern Is Selected as One of 12 NIH Obesity Research Centers
by | Sep 28, 2022
Over 150 scientists across dozens of departments will be part of the elite National Institutes of Health-funded, university-wide interdisciplinary research center. Dallas' UT Southwestern Medical Center is the only institution in Texas to be selected for the NIH initiative.

UTSW wants to translate scientific discoveries into new therapeutic strategies for the prevention and treatment of obesity, which it describes as a chronic disease affecting more than 40% of the U.S. population, with medical costs nearing $175 billion.
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Dallas Invents: 142 Patents Granted for Week of September 13
by | Sep 28, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: DoorDash’s automatic floor-level retail operation decisions using video analytics, Toyota’s automated pest warning and eradication system, Textron’s aircraft weapon system, Paradigm Shift Technologies’ food ordering via embedded links in video game advertising, O’Reilly Winship’s rechargeable USB electrical outlet with integrated lighting, BMIC’s self-adhered roofing systems and methods, iPMachine’s system for mixed reality experiences, Samsung’s methods for gesture recognition and control, Sleep Technologies’ adjustable sleeping system with massage function, SRFC Bio’s analysis of antimicrobial coatings using X-ray fluorescence, and an unassigned mobile legal counsel system and method.
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The Last Word: Amber Venz Box on Adding Virtual Storefront Checkout to the LTK App
Today Bloomberg reported that LTK is now allowing users to buy from influencer-curated virtual storefronts on LTK's app. Box's company has added in-app checkout to leverage the fact that influencers use the platform to make their videos and photos "shoppable."
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‘Trick Shot Town’: Frisco’s Dude Perfect Plans New HQ To Serve as a Destination for Fans

by | Sep 27, 2022
Frisco-based Dude Perfect—a group of five friends whose trick-shot videos and wild stunts have amassed 58 million YouTube subscribers—is thinking big with a new planned HQ. It features a 330-foot-tower that will enable fans to take "The Impossible Shot." The new HQ is a vision in search of a home—its location has yet to be determined.
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Water Cooler at Pegasus Park Tenants Get North Texas Giving Day Surprise
by | Sep 26, 2022

Last Thursday, Water Cooler tenant leadership teams and boards gathered together at Pegasus Park and were surprised with more than $200,000 in prizes to support the missions of their nonprofit organizations....

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Asana Partners Acquires Fort Worth’s Foundry District from M2G Ventures
by | Sep 26, 2022
Asana Partners shares M2G Venture's vision for innovative adaptive reuse projects, the developer says, making it "the ideal ownership group to continue the Foundry’s trajectory as a North Texas icon."
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A Texas Delegation Is on a Business Development Trip Across Europe This Week
by | Sep 26, 2022
The delegation—including Texas First Lady Cecilia Abbott, Texas' secretary of state; leaders from TxEDC, the Dallas Regional Chamber, and EDCs from across North Texas; and more—will travel to London, Paris, and Frankfurt in the next few days. Its mission: sell three of Europe's leading business centers on doing business in Texas. "We look forward to strengthening our business relationships in Europe as well as developing new ones," says Robert Allen, TxEDC president and CEO.
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