BANKING & FINANCE
Whataburger announced June 14 that Chicago-based BDT Capital Partners LLC, a merchant bank that advises and invests in family and founder-led companies, has acquired a majority interest in the San Antonio-based, family-run business.
WASHINGTON (AP) — President Donald Trump says he has no intention of ending his public attacks on the Federal Reserve's interest rate policies even though he knows he has made Chairman Jerome Powell's job more difficult.
Getting funds often requires good credit rating. The Fort Worth City Council received an informal report at its Tuesday work session on where the city stands with a summary of the ratings received on bonds issued under the city’s 2019 debt plan.
We invite you to participate on our list of Tarrant County Accounting Firms A representative from each firm must fill out our 2019 survey to be on our list. The link below contains the survey. A link to the list may also be found on the Fort Worth Business website under the “Lists” and “Subm…
WASHINGTON (AP) — Chairman Jerome Powell said Tuesday that the Federal Reserve is prepared to respond to the Trump administration's trade conflicts to protect the U.S. economy, signaling that the Fed will cut interest rates if necessary.
In 1993, Pantego voters approved a half-cent sales tax devoted to a mix of economic development and civic amenities. To date, that has helped fund a new police station, the remodeling of city hall and further development of Bicentennial Park, Pantego’s primary park.
For Robert Kaplan, president and CEO of the Federal Reserve Bank of Dallas, the biggest headwinds for U.S. growth are the country’s aging population and the slow increase in the size of the nation’s workforce.
After successfully pulling off its inaugural round of sponsorship of the PGA Tournament at Colonial Country Club, Charles Schwab & Co. is looking toward an even more impactful debut in North Texas.
There is rapid expansion in a number of areas of Texas, but the greatest expansion will continue to be concentrated in the state’s largest metropolitan areas to the benefit of all.
There is no question that common-sense regulations are needed on the e-cigarette industry to balance the interests of safety, health and commerce. What we are now seeing is the equivalent of an unregulated oil boom where profits are prioritized over safety.
The Wells Fargo Tower in downtown Fort Worth is one of the city’s tallest buildings and one of its truly impressive sites. Photographer K.P. Wilska captured this view for our weekly Parting Shot.
We invite you to participate on our list of Tarrant County Investment Firms A representative from each firm must fill out our 2018 survey to be on our list. The link below contains the survey. A link to the list may also be found on the Fort Worth Business website under the “Lists” and “Subm…
WASHINGTON (AP) — President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, year-long trade dispute.
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Monday that the central bank is closely monitoring a sharp rise in corporate debt but currently does not see the types of threats that triggered the 2008 financial crisis.
Origin Bank, a wholly-owned subsidiary of Origin Bancorp, Inc. (OBNK), has announced that it has promoted two of its bankers to leadership positions in its Fort Worth market.
Arlington-based SolGro is one of five companies to be selected to participate in the Wells Fargo Innovation Incubator (IN2) in the incubator’s first agtech cohort.
NEW YORK (AP) — Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price on an already volatile day for the markets.
Simmons Bank has named J. Terry Smith of Fort Worth as president for the company’s North Texas Division. Smith will lead key banking functions for the Dallas-Fort Worth market, including management for bank product offerings, brand awareness, business development and community engagement.
Farmer Bros. Co. (NASDAQ: FARM), a national coffee roaster, wholesaler and distributor of coffee, tea and culinary products, announced May 7 that Christopher P. Mottern, who has served on the company’s board of directors 2013, has been appointed to serve as interim chief executive officer, e…
Triumph Bancorp Inc. (TBK) announced May 6 that Todd Ritterbusch has been appointed chief lending officer of its subsidiary, TBK Bank SSB Ritterbusch has more than 17 years of banking experience, most recently at JPMorgan Chase, where he served as managing director, market executive, commerc…
Comerica Inc. announced today that Steven Colwick has been named the Fort Worth Market President. Colwick also will serve as the Middle Market and Business Banking Group Manager for the market. He replaces Cody Kiser, who has transitioned into managing one of Comerica’s largest Middle Market…
WASHINGTON (AP) — Stephen Moore, a conservative commentator whom President Donald Trump had tapped for the Federal Reserve board, withdrew from consideration Thursday after losing Republican support in the Senate, largely over his past inflammatory writings about women.
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and signaled that it's unlikely to either raise or cut rates in coming months amid signs of renewed economic health but unusually low inflation.
A unique inter-industry partnership at the local level is taking on the challenge of bridging the middle-skills job gap while reducing poverty in Fort Worth.
Reagan K. Casey recently accepted the role of Market President for central Texas based R Bank who recently expanded to the Fort Worth area with a new Loan Production Office. Casey’s lifelong Fort Worth roots and over 18 years in the local banking market will help establish the R Bank brand t…
OMAHA, Nebraska (AP) — Warren Buffett's Berkshire Hathaway will finance a bid by Occidental Petroleum for Anadarko, potentially upending Chevron's $33 billion offer for the energy company.
DALLAS (AP) — Higher costs due partly to the grounding of its Boeing Max jets more than washed out rising ticket sales at Southwest Airlines, causing first quarter profit to drop 16% to $387 million.
Comerica Inc.(CMA) on April 23 announced that Curtis C. Farmer, president, Comerica Inc. and Comerica Bank, has been named CEO and President of Comerica Incorporated and Comerica Bank. Ralph W. Babb Jr. has been named Executive Chairman, Comerica Incorporated and Comerica Bank. Farmer will c…
The S&P 500 just hit an all-time high, recovering from last year's dramatic plunge. The economy seems to be on fairly solid footing, still it's anyone's guess what happens next for the stock market.
The Trump administration said Monday that it will no longer exempt any countries from U.S. sanctions if they continue to buy Iranian oil, stepping up pressure on Iran in a move that primarily affects the five remaining major importers: China and India and U.S. treaty allies Japan, South Kore…
WASHINGTON (AP) — President Donald Trump said Monday that Herman Cain has withdrawn from consideration for a seat on the Federal Reserve's board amid a focus on past scandals and doubts about his qualifications for the role.