Dollars flow in 3 energy plays; Is SW Air shakeup coming? Allsup's rolls out pizza burrito.

So, you want to attend Game 3 of the Mavericks-Celtics NBA Finals tonight in Dallas? Vivid Seats was listing these prices Tuesday afternoon: upper deck section 333 for $493; lower level 106 for $7,267; and Courtside VIP $19,764. 

A five-year partnership between NextEra Energy Resources and Entergy Corp. should develop 4.5 gigawatts of renewable energy projects in Texas, Arkansas, Louisiana and Mississippi. One gigawatt is enough to power about 750,000 homes for a year. 

Two Texas companies centered on offshore oil and gas have agreed to a deal. Noble Corporation will pay $1.59 billion in stock to Diamond Offshore Drilling shareholders, who will own about 14.5% of the combined company. 

$3-to-$4 billion: The expected cost of a project by Houston-based Element Fuels Holdings to build the largest refinery in the U.S. since the 1970s. The project would be in Brownsville and is expected to produce more than 160,000 barrels of refined products daily. The first phase is scheduled for completion in 2027.

Activist shareholder Elliott Investment Management has bought a $1.9 billion stake in Southwest Airlines and is seeking to oust CEO Robert Jordan and Executive Chair Gary Kelly. In a letter to the Board, Elliott wrote: "(Jordan) has delivered unacceptable financial and operational performance quarter after quarter.” It also said Jordan and Kelly “are not up to the task of modernizing Southwest.”

Fort Worth's City Council voted unanimously to approve $140 million in renovations to Gateway Park, which is just north of I-30 on Beach Street. It also adopted unanimously a decades-long resolution of strategic priorities and goals focused on five issues: economic development, community investment, community safety, infrastructure, and responsible growth.

The U.S. Naval Air Systems Command has awarded Bell Textron a $455-million contract to supply the Nigerian Air Force with 12 AH-1Z Viper advanced attack helicopters and associated post-delivery engineering, logistics, program management and life extension support services.

Agriculture scale-up Farmbot Monitoring Solutions, with U.S. headquarters in Fort Worth, exceeded its capital raising plans by 50% to bank $4.6 million to ramp up its U.S. presence. Its MyFarmbot platform monitors water and other inputs to give farmers alerts, and reports on water trends and the ability to control infrastructure remotely.

Chicago-based 3L Real Estate filed plans to begin converting a building that formerly housed Fort Worth National Bank and Oncor Electric to more than 300 apartments. The cost is estimated at $30 million for a 330K-square-foot project at 115 W. Seventh St. to be completed fall 2025. 

The Modern Art Museum of Fort Worth announced Freeman + Lowe: Sunset Corridor, a multi-room immersive installation by artists Jonah Freeman and Justin Lowe, on view October 4, 2024 through January 5, 2025. Sunset Corridor is the 14th chapter in Freeman and Lowe’s series of expansive architectural installations. 

The RecFW app has debuted, allowing users to access and manage park and recreation needs in Fort Worth, including community centers and the Fort Worth Nature Center & Refuge. Features include membership management, class registration, keeping up with family schedules, and activity badges.

The office of Texas Attorney General Ken Paxton said it was victorious against the Biden Administration’s Department of Education, stopping its attempt to rewrite Title IX to force Texas schools to adopt radical “transgender” policies in violation of state and federal law.

Judge Reed O'Connor of the Northern District of Texas in Fort Worth has ruled against the Department of Justice's motion to dismiss a case brought by Humana and allowed the case over Medicare Advantage audits to move forward. He ordered the parties to submit a joint schedule for summary judgment briefings by June 20. Humana brought the lawsuit based on a final rule issued by the Centers for Medicare and Medicaid Services that changes previous audit procedures.

The Greater Fort Worth Association of REALTORS® selected its 2024 recipients of an Educational Foundation scholarship. Ryan Alferink (Frontier STEM in Mansfield) Nathanael Nakamura (Burleson Centennial) and Jordan Purselley (Southwest Christian School) were awarded $2,500 to support their educational pursuits.

The labor union representing American Airlines flight attendants has rejected a company proposal to immediately raise pay by 17%. Mediation talks are anticipated next week.

General Motors' Board has authorized the repurchase of up to $6 billion of the company’s outstanding common stock.

Starbucks' Howard Schultz recently described the time Steve Jobs screamed at him. During one of Jobs' renowned walks around Apple's campus, Schultz said he got some brutal advice.

Snippets:

• Franchisees Jasmine and Darryl Ward have opened a Rita's Italian Ice & Frozen Custard in Arlington at 101 E Abram St.

• Fort Worth-based Yesway, a convenience store chain known for its "world famous" Allsup's Burrito, has announced the Allsup's Pepperoni Pizza Burrito.

• Holy Cue restaurant will open later this year in Fort Worth at 2420 Forest Park Blvd., serving barbecue and Mexican cuisine.

Daily digit: 97 - The number of jobs that will be cut as Southwest Airlines ceases operations at Houston’s George Bush Intercontinental Airport. William P. Hobby Airport long has been Southwest's primary airport in Houston. 

Believe it or not: Magnet fishing is one of the more unique hobbies that people got into during the pandemic. Some call it the poor man’s treasure hunting. Anglers drop a heavy magnet into a waterway and see what they can pull up. It’s not uncommon to find guns, knives, fishing tackle, scrap metal and even the occasional bicycle. A couple in New York pulled up a safe with an estimated $100,000 inside – and it appears they’ll get to keep the loot.

Announcements:

• Medical City Fort Worth: Hires Matthew Sartorius as Chief Operating Officer.

• Ensemble Coworking: Promotes Clint Grimes to COO and Community Manager.

• Fidelity Investments: Adds Barbara Lewis as Senior Executive Assistant.

• Kelly Hart: Adds Jeffrey Allen as Partner — Oil, Gas and Energy.

• Eosera: Adds Praveen Ghosh as Quality Engineer Manager.

• Methodist Justice Ministry: Hires Aaryn Landers Lamb, Attorney at Law, as Executive Director.