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- ⛳Top public golf courses; Coco Shrimp expanding; UAW strike impact?
⛳Top public golf courses; Coco Shrimp expanding; UAW strike impact?
PLUS: Tractor Supply, IRS using AI, Americans betting on NFL
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🗞️NEWS OF THE DAY:
Construction has started on the Lancaster T&P Passage, which will create a clearly identifiable walkway between the platform and downtown Fort Worth. Included are a landscaped plaza, illuminated walkable pathways from Lancaster to the T&P lobby and increased signage for pedestrians and passengers. Read more here.
The Street is reporting that GameStop Chair Ryan Cohen has been asked by the SEC to provide details relating to trades he made on Bed Bath & Beyond.
Two Tarrant County public golf courses have been named among the state's best, according to Texas Monthly. Texas ranks fifth in the U.S. – behind California, Florida, Michigan, and New York – in the number of public courses with approximately six hundred. The publication named its 18 best public golf courses based on price to play and accessibility for various skill levels. Rockwood Park (Fort Worth) and Grapevine Golf Course were among four courses in D-FW that made the cut. To see the complete list, click here. |  Source: Giphy |
Coco Shrimp has announced four new Texas locations, including Keller this fall and Mansfield next summer. One in College Station will be the first outside DFW.
Fort Worth native Gayle Hunnicutt, the actress who starred as Larry Hagman’s (J. R. Ewing) love interest in the hit television show Dallas has died, according to multiple media reports.
The abandoned Bomber Spur, which once facilitated the transport of vital war-time materials, is set to become a dedicated, off-road bicycle and pedestrian trail, connecting communities and breathing new life into the area’s transportation and recreational landscape.
Tractor Supply won over city slickers. Now it needs to keep them - and farmers. The retailer has added prechopped firewood and other items to target younger, rural novices without alienating its traditional customers. (WSJ gift article)
Carmakers are failing the privacy test. Owners have little or no control over data collected. A new study found that most major brands admit they may be selling your personal data, with half saying they will share it with the government or law enforcement without a court order.
NOTABLE & QUOTABLE:
“A coach is someone who tells you what you don’t want to hear, who has you see what you don’t want to see, so you can be who you have always known you could be.”
The United Auto Workers (UAW) union’s contract with Ford, General Motors (GM), and Stellantis is set to expire September 14. If a strike occurs, it could have a significant impact on Texas’ economy, most notably Arlington. According to the Alliance for Automotive Innovation, the auto industry generates $3.6 billion in tax revenue on new car sales in Texas, which represents more than 5% of all state tax revenue. The Dallas Morning News reports that if a strike lasts as long as 2019’s 40-day strike against GM, the effects could be devastating to Arlington, where GM’s SUV assembly plant is located, Texas car dealerships, and businesses nationwide supported by the 146,000 workers at the automakers’ plants.
The IRS is using AI to detect sophisticated tax violations by high-income earners and large business partnerships. Targets include hedge funds, real estate investment partnerships, publicly traded partnerships and big law firms. The IRS is prioritizing cases involving taxpayers with incomes above $1 million but tax debts of more than $250,000, according to Axios. Some 1,600 taxpayers fall under this category and "owe hundreds of millions of dollars," according to the IRS.
Nearly 74 million Americans plan to bet on the NFL this season — a new record, and a nearly 60% increase from last year, according to an American Gaming Association survey. That represents approximately 30% of U.S. adults. Legalized sports betting is now in 35 states + D.C.
👢👢PEOPLE ON THE MOVE:
Greater Fort Worth Association of Realtors: Hires former Aledo Mayor Kit Marshall as Director of Advocacy and Community Affairs
TPG: Names Anilu Vazquez-Ubarri Chief Operating Officer
Klein Tools: Hires Brian Frank as Senior Product Design Engineer
Balcom Agency: Hires Ali Lipowski as Search Specialist
Texas for the Arts: Adds Dr. Stevie Dawn Carter to its Board
Valor: Hires Will Allison as Senior Land Manager
Ebby Halliday Cos: Promotes Carolyn Rosson to President and CEO
“You should have purchased the extended warranty.”
🛒RETAIL ROUNDUP:
✂️SNIPPETS:
The cheap flights of fall are back. Airlines are tempting fliers with the kind of deep autumn discounts that disappeared during the past few years.
Furniture companies are in a rut as fewer people buy big-ticket items.
An auto strike looks likely. Should I buy a car now?
Nothing to do with business: Lying down contest enters 20th day as competitors vie for ‘laziest citizen’ record. (link)
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