💧Water wheel cleaner drowns; FW, police union agree to raises; Sabre hotel tech is on the market.

After leaving executive session last week with no announcement, the Fort Worth ISD is expected to announce a decision at tomorrow night's scheduled meeting about the job status of Superintendent Dr. Angelica Ramsey. She has had the job since September 2022. 

After three years, Fort Worth came up $500k short of the $1.9 million needed to fund its proposed Trinity River trash collecting water wheel project ... and it is scrapped. The city, Tarrant Regional Water District, and non-profit Streams and Valleys started fundraising for two water wheels in December 2021.

The new President and CEO of Nike is Elliott Hill, a Texas Christian University graduate and Board of Trustee since 2014. He graduated from TCU in 1986 with a bachelor’s degree in kinesiology and earned a master's in sports administration from Ohio State University in 1988. He worked a year as an athletic trainer for the Dallas Cowboys before joining Nike.

A furious 19-point, 4th-quarter rally fell short and the Dallas Cowboys lost at home, 28-25, to the Baltimore Ravens. Both teams are 1-2. The Cowboys have lost their last three games at home. 

Sabre’s hotel tech unit is up for sale two years after a similar effort failed to yield a deal. Evercore is running the sales process, according to various reports. 

Fort Worth's police union and the city agreed to a new deal that hikes the starting pay about $10k a year. 

50+ Republican Texas House members opposing Speaker Dade Phelan have chosen state Rep. David Cook of Mansfield to support. The unanimous selection occurred after state Rep. John Smithee of Amarillo dropped out. Not all current or prospective GOP members attended, including Phelan supporters who said they were not invited.

BKV Corporation is expected to price its public offering of stock and start trading this week. The Denver company is one of the largest natural gas producers in the Barnett Shale.

According to a September regulatory filing, Fort Worth-based TXO Partners LP has raised $50 million in equity.

Franchisee Pamela Necoechea has opened a Gotcha Covered in west Fort Worth. There is another operating in Colleyville. Gotch Covered offers customized window treatments.

TCU football coach Sonny Dykes, a bit upset during Saturday's loss against SMU, became the first head coach of a Power 4 program to be ejected for multiple unsportsmanlike conduct penalties since the NCAA established the rule in 2016.

Citi is pursuing an exclusive credit card deal with American Airlines, which would come at the expense of the Barclays agreement, according to CNBC. 

Lockheed Martin plans a vertical launch, live-fire demonstration of its Joint Air-to-Ground missile (JAGM) next year. It’s the rollout of a plan to evolve the munition into a family of “multi-domain missile systems,” which it hopes to sell to the U.S. and Australia.

The stock market doesn't appear to believe Kroger's $24.6B acquisition of Albertsons will go through. The Kroger offer is $27.25 per share and Albertsons stock is trading in the $18-$19 range.

The Ladder Alliance in Fort Worth, which offers workforce development and computer skills programs to low-income women and survivors of domestic violence, is one of 66 organizations in the country to receive a total of $1.3M from Charter Communications.

The Boys & Girls Club of Greater Tarrant County is home to Texas’ largest and oldest Boys & Girls Club. The North Fort Worth branch on Main St. is its second oldest. The Dallas Mavericks and Chime Financial have just dedicated a re-imagined learning and technology center. 

We’ll leave the light on for you. Motel 6, has been purchased by Oyo, an India-based hotel giant, for $525 million. The new owner said the acquisition was part of its plan for ramping up its U.S. expansion. With 1,500 locations across North America, Motel 6 got its name from its original nightly rate of six dollars.

Daniel Lubetzky will be the first new regular cast member on Shark Tank in over a decade, as Mark Cuban departs the show. Lubetsky founded Kind Healthy Snacks.

Amazon is introducing a Shark Tank-style TV show called Buy It Now during which entrepreneurs will have 90 seconds to pitch their products to a panel of judges that includes celebrities (Tony Hawk and Gwyneth Paltrow) and Amazon execs. Entertainment isn’t necessarily the show’s only objective because Amazon will feature products that viewers can buy on its website.

The Fed’s interest rate cut of 0.5% is a major milestone, but inflation lingers. The latest Consumer Price Index report said inflation has dropped to 2.5%, down significantly from the mid-2022 peak of 9.1%. Inflation dropping doesn’t mean prices are falling — they’re just rising at a slower pace. Here’s how prices have changed over the past 4 years:

Snippets:

• Small business owners are following election news closely — but will the outcome actually help their business? They're not so sure.

• Chocolate brownie truffle is the latest new flavor from Blue Bell ice cream.

• Believe it or not: A $33 pack of cards purchased at GameStop had a Bitcoin redemption worth $63k.

Announcements: 

• Real Estate Council of Greater Fort Worth: Adds Kimberly Cole of Hillwood, Bowie Holland, of Empire Holdings and Isaac Manning Jr. of Trinity Works to its Board. Ñew Ex-Officio members are Robert Allen of the Fort Worth Economic Development Partnership, Paul Paine of Fort Worth Stockyards, Inc., and Chandler Merritt of Tarrant County.

• Arlington: City names Susan Schrock Managing Editor. 

• Tech Titans: Honors TechFW with the 2024 Technology Advocate Award

• UNT Health Science Center at Fort Worth: Appoints Dr. Amber M.K. Smallwood to Senior Vice Provost of Faculty Affairs. 

• Texas Cowboy Hall of Fame & Museum: Awards inaugural Jo & Holt Hickman Legacy Awards to Brenda Kostohryz and Bill Davis.

• Kelli Bernd: Launches company doing creative branding. 

• American Society for Photobiology: Elects as President Sherri McFarland, cancer researcher University of Texas - Arlington. 

• Puttshack: Adds Ryan Nowicki as Vice President of Operations.