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  • Wing & Whoosh transportation; Grapevine's Post Malone cashing in; Newbies in the 90-year-old club.

Wing & Whoosh transportation; Grapevine's Post Malone cashing in; Newbies in the 90-year-old club.

Converse intelligently about local business with our bite-size Tarrant County news.

The Kimbell Art Museum has a new equine-themed painting. Completed by George Stubbs in 1762, “Mares and Foals Belonging to the 2nd Viscount Bolingbroke” measures six feet by three feet. The museum acquired the piece in memory of former board member Ben Fortson.

The Pentagon has a new plan for its fighter jet posture in Japan, replacing older U.S. Air Force F-15s and F-16s with newer aircraft, such as the F-15EX and F-35, as well as changes involving Marine Corps F-35Bs. In a related move, the Air Force said it is re-starting CV-22 operations in Japan, which had been paused since a late 2023 crash.

The U.S. Army awarded Lockheed Martin a multi-year contract worth $4.5 billion for its air defense Patriot Missiles system. The Patriot system is one of an array of air defense units supplied by the West to help Ukraine's defense against Russia's invasion. The contract covers 870 PAC-3 MSE missiles and associated hardware.

On the heels of market-wide approval by the FAA, drone delivery company Wing has announced an expansion of its partnership with Walmart. During 2024, millions of D-FW area consumers will have access to meals, groceries and over-the-counter medications delivered via drone in less than 30 minutes.

Hurricane Beryl was expected to make landfall between Matagorda and Port O’Connor early Monday morning. Here’s the tracking center website.

Tarrant County College's Board approved an agreement with New Heights High School that will enable Tarrant County adults ages 18-50 to simultaneously earn a high school diploma and certification in one of at least 10 career and technical programs. The college projects 500 attendees within the first year. New Heights Adult High will operate from TCC’s Opportunity Center, 5901 Fitzhugh Ave., supported by the college's South Campus.

The Supreme Court rejected a challenge to the federal workplace safety agency, OSHA, affirming its authority and role in regulating and enforcing workplace safety standards.

The Supreme Court will consider a free speech challenge to a Texas law requiring pornographic websites to verify users' ages. Earlier, a federal appeals court ruled the state could enforce the measure — which supporters argue is meant to protect children from explicit content while opponents warn it violates free speech freedoms.

The Fort Worth Chamber has initiated an automotive task force for its Business Retention and Expansion (BRE) efforts. It will be led by Brendan Harrington, President of Autobahn Fort Worth.

TPG Angelo Gordon, a division of Fort Worth-based TPG, and Triten have teamed to buy $500M of industrial-zoned properties across 16 markets since 2020. They said they have averaged 18 acquisitions a year and are looking to pick up the pace and buy another $1B during the next five years. 

Hayden Springer, a product of Trophy Club Byron Nelson High School and TCU, posted the 14th sub-60 round in PGA Tour history when he finished eagle-birdie in the John Deere Classic for a 12-under 59. He holed a 55-yard shot for eagle on the par-5 17th. The 27-year-old has three Top-10 finishes, including a third, and has won $790k.

Arlington is one of five north Texas cities — Dallas, Plano, Arlington, Frisco and DeSoto — with an interest in being home to alternative public transportation. Known as Whoosh, the system uses electric gondola-like vehicles with technology to move independently on an aerial network of cables and rails, according to a press release from Swyft Cities, which is working with area transportation officials.

The FDA approved Eli Lilly’s Kisunla for mild or early cases of dementia caused by Alzheimer’s. It’s the second drug that’s been convincingly shown to delay cognitive decline in patients, following last year’s approval of a drug from Japanese drugmaker Eisai. 

Aside from the obvious health issues for children, Cook Children's Health Plan and two others are suing Texas Health and Human Services Commission over potential loss of Medicaid contracts that total $116 billion, according to The Texas Tribune.

Notable and quotable: “You can't run these kinds of deficits [even] in good economic times for very long. In the longer run, we're going to have to do something sooner or later, and sooner will be better than later." 

—Jay Powell, Chair of the Federal Reserve

Sister Cities International will announce the appointment of Carlo Capua, Chief of Strategy and Innovation for Fort Worth, as the national chair of its new board of directors. Capua will serve a two-year term on the 26-member board, focusing on Japan and Pacific Island relations.

Boeing agreed to acquire Spirit AeroSystems in a $4.7B all-stock deal. Boeing had spun off Spirit in 2005. Also, the Department of Justice urged Boeing to plead guilty to a criminal charge after finding the plane maker violated a settlement of its fatal 737 Max crashes in 2018 and 2019. 

U.S. district courts in Texas, Mississippi and Florida barred the Department of Health and Human Services from enforcing a rule that prohibits health-care discrimination against people based on their sexual orientation or gender identity. All three judges referenced the recently overturned Chevron doctrine under which courts deferred to reasonable agency interpretations of unclear laws.

Two 90-year-olds are in the news:

  • The Fort Worth Botanic Garden, the oldest garden in Texas, turns 90 on Dec. 18. However, it is starting the celebration early. Through Sept. 1st, purchase a ticket on Tuesday, Wednesday or Thursday and receive a free ticket to the Garden that day.

  • Camp Fire Camp El Tesoro, which offers co-ed youth camping and outdoor experiences, is also 90 years old this summer. Camp El Tesoro provides space for children and teenagers to explore the outdoors, develop self-confidence, and forge lasting friendships in a technology-free environment. 

“For cryin’ out loud! Just for once can’t we go on vacation without you bringing some work along?”

Snippets:

  • The Labor Department reported the U.S. added 206,000 jobs in June, and the unemployment rate was 4.1 percent, up .1 from May. 

  • Pre-flight service: A look at one of the negotiation points in the potential flight attendants' strike of American Airlines.

  • The Richest takes a look at the wealth creation of Grapevine's Post Malone.

Announcements:

  • TechFW: Promotes Sarah White to Director of Operations & Strategic Partnerships. 

  • Fort Worth: Brings back Patrice Randle as City Auditor.

  • Fort Worth: Alicia Ortega joins Mayor Parker's office as Aide to the Mayor.

  • Movement Mortgage: Promotes Morgan Heinrich to Sr. Marketing Manager.

  • University of North Texas Health Science Center: Names Dr. Darrius Douglas Vice Provost of Enrollment Management. 

  • Catholic Diocese of Fort Worth: Hires Cindy Cepeda as Director of Elementary Formation for Denton.

  • Legacy Bank and Trust: Announces Cameron Chancey as President for D-FW.

  • Tryba Architects: Promotes Shannon Bearden to Managing Director D-FW, Kathleen Fogler to Principal/Director of Urban Design, and Emmett Harrison, Associate Principal.

  • Loews Arlington Hotel & Convention Center: Adds Tony France as Executive Chef. 

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