Business

 

 

North Texas’ Caris Life Sciences Eyes $5.3B Valuation in Its Nasdaq IPO

by | Jun 10, 2025
The Irving-based leader in precision oncology—which has raised $1.86 billion since 2018—plans to raise as much as $423.5 million when it goes public on the Nasdaq Global Select Market under the ticker symbol CAI.
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RealPage Taps OpenAI Tech to Launch AI Workforce Platform for Multifamily Properties
by | Jun 10, 2025
The Richardson-based company announced a collaboration with OpenAI as it unveils the "multifamily sector’s first agentic AI platform" at NAA's Apartmentalize 2025 in Las Vegas.
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What Housing Affordability Says About Prosperity in Dallas
Local leaders explain the connection and the concern. 
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The Last Word: Colossal Biosciences’ Ben Lamm on Science, Skeptics, and the Sound of a Howl
by | Jun 5, 2025
In one of his first deep interviews since Colossal's dire wolf debut made global noise, Ben Lamm joins the TechStuff podcast to talk mammoths, backlash, and why he's not here to play it safe.
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Simplilearn Appoints New Chief Technology Officer to Lead ‘AI‑First Strategy’

by | Jun 5, 2025
In his previous tenure with Simplilearn—a global digital skills upskiller that relocated from San Francisco to Plano in 2024—Jitendra Kumar led the development of high-performance web and mobile platforms that were instrumental in the company's rapid scale-up.
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Instil Bio Appoints ‘Seasoned’ Biopharma Exec as Chief Medical Officer
by | Jun 5, 2025
Dallas' Instil Bio said that Jamie Freedman has extensive experience in oncology drug development and other therapeutic areas, along with a track record of leading programs through all phases of development, regulatory approval, and commercialization.
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Harper + Drummond Davis Architects Launches Out of Dallas Design District
by | Jun 5, 2025
The new firm launched by award-winning architects Sarah Harper and Richard Drummond Davis has already secured "more than a dozen projects," including commercial buildings for the Lakewood Country Club, a luxury residence on an exotic animal ranch in Godley, Texas, and custom homes across Texas, Colorado, and California.
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North Texas’ Michaels Completes Acquistion of JOANN’s IP and Private Label Brands
by | Jun 5, 2025
In addition, Michaels said it is expanding its fabric, sewing, and yarn assortment, adding more than 600 products across new and existing brands, including sewing and quilting supplies, fabric, yarn, specialty threads, sewing machines, and more.
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North Texas’ Kimberly-Clark Sells Majority Stake in Its Int’l Tissue Business to Brazil’s Suzano for $1.73B

by | Jun 5, 2025
Irving-based Kimberly-Clark will maintain a 49% interest in the new joint venture, which is valued at $3.4 billion. The company said it is sharpening its focus on its "higher growth, higher margin businesses."
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The Last Word: Schwab’s Susan Hirshman On How Generational Wealth Transfer Is About More Than Money
by | Jun 4, 2025

“Gifting is about more than passing down wealth—it’s about passing down purpose.”

Susan Hirshman
Director of Wealth Management
Schwab Wealth Advisory and Schwab Center for Financial Research
…on the motivations behind high net worth gifting, via Schwab’s latest HNW Client Pulse Survey....

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Dallas’ MobileOp4 Snags Investment From Seven Corners Healthcare
by | Jun 4, 2025
MobileOp4 specializes in providing portable healthcare solutions—including compact mobile clinics—during disasters and other large events, where resources are limited but patients require immediate care.
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Irving-Based Alkegen Launches Full Production of EV Battery Fire Protection ‘Aerogels’
by | Jun 4, 2025
Following up on its 2024 partnership with Jaguar Land Rover, Alkegen said its next-gen, high performance fiber-aerogel composite—known as AlkeGel—is engineered to meet OEM demand for ultra-thin, safe, and easy-to-install thermal runaway protection for lithium-ion battery systems.
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Dallas-Based AECOM Awarded Up to $1.5B to Support U.S. Air Force Environmental Programs

by | Jun 4, 2025
“This contract reflects the trust our federal partners place in AECOM’s technical excellence and ability to deliver," AECOM President Lara Poloni said. "It strengthens our role in helping protect natural resources while supporting operational readiness across global installations.”
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On Global Running Day, Smoothie King Offers ‘Run‑Thru’ Window at Richardson Restaurant
by | Jun 4, 2025
Dallas-based Smoothie King has become the first-ever Official Smoothie of the TCS New York City Marathon. To celebrate, the company's offering a free hydration smoothie nationwide on Global Running Day (today, June 4). And one location in America is leading the pace—with a 'Run-Thru' window in Richardson.
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Patented: Samsung’s RF-Based Robot Localization and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 12 for patent activity out of 250 metros for the week of April 29 with a total of 80 patents granted.
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Buff City Soap Promotes President/CFO to Replace Retiring CEO
by | Jun 3, 2025
Enrique Ramirez—a former longtime Pizza Hut executive—joined Buff City Soap in March 2022. The company said he's been instrumental in leading the continued growth of the brand through his role as president and CFO while serving alongside Dorvin Lively and the board of directors.
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