New executive additions to Cooksey Communications, Crowe Horowath LLP, and T-System in this week’s personnel moves.Full Story
Oh, well. At least we got beat by a world-class city.Full Story
Surely by now you have read my profile of Woot.com founder Matt Rutledge. Surely. The World Cup is over, so that’s no excuse. (USMNT lost. Same difference.) You know that part at the end where I mentioned a couple of silly e-commerce concepts that Rutledge might possibly explore, including CrapWithFriends.com? That one I explained. But I didn’t explain Spite.com, saying that the notion lay beyond the scope of the article. That was a lie. I was just being lazy. I was approaching my word limit and just wanted to be done with the story. Forgive me.Full Story
Nancy’s got the scoop over on SideDish.
Last call on thanking Tristan, everybody.Full Story
The Dallas-based firm invested $6 million in two area companies: Signature Contracting Services LLC and entegra technologies inc.Full Story
DMN Publishes World-Class Use of the Phrase “World Class.” We are all tired of the phrase “world class,” yes? Surely on this we can agree. We’ve all decided that striving to build world-class stuff oftentimes makes us look more like something less than world class, more like Springfield buying a monorail. We’ve learned that there’s a difference between being a striver and a climber. Right? So it was disappointing to me to read Jacquielynn Floyd’s column today. Perhaps you’ve heard of County Judge Clay Jenkins’ plan to provide transitional care for 2,000 child migrants caught at the U.S.-Mexico border. Well, Floyd, after essentially acknowledging that we overuse the phrase, says the plan “is an opportunity to demonstrate world-class compassion.” Listen, I know I’m looking at a tree in a forest. Because I agree with Floyd. This is a chance for our city to make a huge difference in the lives of a whole bunch of kids. And the xenophobia that has sprung up in some quarters in response to their plight is appalling. So why must I bog down in Floyd’s rhetorical device? Just doing what I do.
Clay Jenkins Has Got It Going On. Speaking of the county judge, read Gromer Jeffers’ column about Clay Jenkins. Funny to learn that Jenkins got the idea to bring those migrant children to Dallas from his 8-year-old daughter. But the salient point of the column is that this plan shows just how fully Jenkins has stepped out from under the shadow of John Wiley Price. Strong work.
North Texas Foreclosure Filings Fall by More Than 40 Percent. Good work, people.
Gooooooaaaaaalll! Soccer happens real hard today at 3. Jozy Altidore is available to play, but some people think he shouldn’t. Here’s a preview of the match that predicts Dallas’ own Omar Gonzalez will start. But the preview also predicts that Belgium will win 1-0, which is clearly wrong.Full Story
Have you heard of the Dallas family of frogs that survived a city ordinance threatening their home, and then narrowly escaped a deadly fire and hurricane-strong winds knocking them down to an almost certain death? And in the midst of it all, they were split apart, an emotional heartbreak leaving three in Nashville and three in Hillsboro?
Well, even if you haven’t, thanks to a few kind-hearted Texans, the Dallas half of these amphibious creatures will have happier days ahead of them. And if you drive by Taco Cabana on Lower Greenville today, you can see them, returned to their original home, nearly 30 years later.Full Story
EY revealed its Entrepreneur Of The Year award winners for the Southwest Region at a June 21 event at the Sheraton Dallas Hotel. The program honors outstanding entrepreneurs who have driven economic growth and demonstrated passion through innovation. Two of the winners, Kenneth A. Hersh, co-founder and CEO of NGP Energy Capital Management, and Philip […]Full Story
The guy who invented the deal-a-day concept, Matt Rutledge, has gone to Kickstarter to announce his next gig. Watch the video below for details about the stuff and things, but here’s my summary: he’s relaunching Woot.com. Except now it’s called Meh.com. And, yes, he’s gone a bit Colonel Kurtz on us, as the video says. Man, if some magazine just had a 4,000-word profile of this guy, now would be the perfect time to publish it.Full Story
D CEO magazine raked in seven wins at an Editorial Excellence Awards event hosted by the Alliance of Area Business Publishers. The competition, which attracted more than 650 entries, was judged by 27 faculty members from the University of Missouri School of Journalism.Full Story
The board canned the founding president, John C. Goodman, for alleged sexual misconduct and breach of fiduciary duty. The ousted chieftan struck back in the media, denying the charges and calling the people on the board “scared” and amateurish. Meantime, the National Center for Policy Analysis has been trying to carry on in a business-as-usual manner, issuing a flurry of announcements about their experts doing this or that and appearing here and there. Today the right-leaning Dallas-based think tank had yet another announcement, naming former bank CEO and business strategist Dennis McCuistion its interim president and CEO.
In an interview, McCuistion said he expects to fill the posts anywhere from six months to a year—or until a permanent replacement for Goodman can be found. He also said he’ll take a leave of absence from his job at UT-Dallas, where he’s been serving as executive director of the Institute for Excellence in Corporate Governance. Meantime, McCuistion added, the NCPA will continue to collaborate with Goodman on certain ongoing projects, just as it would with any other expert. One example: the Healthcare Contract with America initiative, which Goodman, the so-called father of Health Savings Accounts, helped shape. So, there’s no problem in an organization continuing to work with someone who was judged unfit for serious reasons to run the organization? No, McCuistion replied in a nutshell.Full Story
Dallas ISD Board Names Home-Rule Commission. The 15-member panel includes the husband of trustee Carla Ranger and the son of trustee Lew Blackburn. I’ll leave the hot sports opinions to Eric over on Learning Curve, but, umm, seriously?
NorthPark Center Planning Major Expansion? Owners Nancy Nasher and her husband have sold a 60 percent stake in the mall for $362 million. The transaction has prompted speculation that big changes could be coming to the North Dallas shopping mecca, since the last time they took on an investment of this size was to finance the hugely successful addition of a fourth side to the building in 2006.
Police/Fire Pension Fund Lost $60M on Luxury Homes. The bad investments in Hawaii, Aspen, and other spots likely contributed to the decision by the fund’s board to dismiss administrator Richard Tettamant.
Report Details Structural Flaws in Allen’s $60M Stadium. The school district hopes to begin repairs this fall — during which time the Eagles’ football team will have to play its “home” games in Plano — and reopen it by graduation time in May 2015.Full Story
Ross Perot Jr. and Anurag Jain’s Perot Jain LP announced this week that Crowdnetic, a technology and market data solutions development company that services the global crowdfinance marketplace, has been selected to receive an unreleased amount of seed funding.Full Story
There was a mob scene yesterday afternoon at the Neiman Marcus store at NorthPark, where Estee Lauder scion Leonard Lauder, 81, and actress/model Elizabeth Hurley, the cosmetics company’s 49-year-old “brand ambassador,” turned up to launch a new Estee Lauder in-store shop. The throng packed excitedly into the first-floor cosmetics area included not just customers, but about every fashionista-blogger/writer sort in town. Everyone was jousting to get close to the coolly regal Hurley—she’d be perfectly cast as a British princess type—and to Leonard. It was his mother, Estee Lauder, who founded the eponymous, $10.4 billion (2013 sales) “prestige cosmetics” empire in 1946.Full Story
In an effort to reposition itself in the home décor retail market, Garden Ridge will henceforth be known as At Home after a $20 million rebranding investment.Full Story