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Texas gains contruction jobs for the month of July

Texas was among 13 states that saw construction job gains in July, according to an analysis of federal job data released Friday by the Associated General Contractors of America. The state gained 3,000 construction jobs, up 0.5 percnt from June....


Employers announced 75,000 job cuts in June

Here's more evidence that the worst of the economic crisis may have passed: Challenger, Gray & Christmas Inc., an outplacement firm that tracks layoff announcements, said Wednesday job cuts fell to a 15-month low of 74,393 in June. Telecommunications and...


Good news roundup

There's a lot of nasty stuff going on in the economy right now, but that doesn't mean it's all abysmal, all the time. Here are some tidbits of positive news: 1. Consumer credit rose $1.8 billion in January, surprising...


New CEO at Dallas-based Alliance Data Systems says the financial industry has stepped back from the brink

"I was a lot more nervous eight months ago than I am now," said Ed Heffernan, the new chief at Alliance Data Systems, during a meeting Friday at the company's corporate headquarters. That's not to say that it's all...


Update on Reduced Mall Hours

Mall operators are reducing shopping hours in more cities, but so far Dallas area malls say they aren't part of the trend. Last week, we published a blog item about five malls in Chicago operated by Westfield Group shaving 30...


J.C. Penney's Ullman says stimulus package not enough

J.C. Penney Co. chairman and CEO Myron "Mike" Ullman said retailers and consumers need more immediate aid than what is included in Washington's stimulus package. Ullman said the retail industry could lose as many as 100,000 jobs a month in...


Valentine's Day Spending Forecast Down

Valentine's Day is Saturday and struggling retailers and restaurateurs are counting on big hearts to lead spenders through their doors. The National Retail Federation's 2009 Valentine's Day Consumer Intentions and Actions survey, conducted by BIGresearch, found that consumers plan to...


7-Eleven cutting 200 jobs

On the heels of today's Labor Department report showing the most job losses since 1974, Dallas-based 7-Eleven confirmed Friday that it's cutting 200 positions and will suspend 401(k) contributions to minimize further job losses. Maria Halkias has the full story....

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