D-FW brands, Californians are house shopping, Macy's: Wednesday's D-FW business news

October 24,  2018 🔎 Prefer the online view? It's [here](. Follow us on Twitter [@DMNBiz](. (G.J. McCarthy / Staff Photographer) The Big Story California homeowners are home shopping in Dallas, Austin, Houston Thousands of homeowners in San Francisco, Los Angeles and Chicago are headed out of town. And many of them are on the way to Atlanta, Phoenix and Dallas. Home sales firm Redfin looked at migration by homeowners away from high-cost metro areas to more affordable markets. And the Dallas area was on the top 10 list of U.S. cities where residents are moving to find more affordable housing and living costs, researchers with the residential brokerage firm found. [The biggest share of newcomers to Dallas were from Los Angeles.Â]( Advertisement The Latest Macy's stores in Dallas, Frisco undergo makeovers [Macy's is spending money on its stores again](, starting out by upgrading 50 of its best locations across the U.S. Fort Worth firm sells to Blackstone [Ulterra is one of the fastest growing drill bit manufacturers](, doubling its revenue since 2016. Why Q3 results signal AT&T is falling behind Verizon [Its devices have become less popular](, and many consumers don't see a need to keep paying monthly connection fees for them. Union Pacific will cut nearly 700 railroad jobs Earlier this year, [Union Pacific]( announced plans for a new $550 million rail yard in Texas. Developer: Deal to restart Wade Park project is close "We are really, really close," [Atlanta developer Stan Thomas said](. "The funding is $850 million - a massive amount in this day and time." Elsewhere in Texas - San Antonio: [Okin BPS](will establish its U.S. headquarters in San Antonio. (San Antonio Express-News) - Austin: [Silicon Labs](tops Wall Street quarterly revenue expectations. (Austin American-Statesman) - Houston: Harvey repairs, apartment projects propel [rise in building permit values](. (Houston Chronicle) - San Antonio: Teams pitch projects at [San Antonio’s first ‘datathon’ competition](. (San Antonio Express-News) - Houston: [CenterPoint pipeline business]( is buying Velocity Midstream for $442M. (Houston Chronicle) (Brand Finance) economic snapshot Are brands of AT&T, Exxon, Southwest and American losing their appeal? What's in a name? Apparently a lot. Take a look at AT&T. Its brand is valued at $82.4 billion -- Texas' most valuable in 2018 and No. 5 in the country among corporate America's 500 best-known names. AT&T retained its No. 1 spot in telecoms and kept a step ahead of New York's Verizon. Southwest Airlines is the Lone Star State's most effective brand, with a AAA rating — similar to a credit rating. Those are some of the findings by London-based Brand Finance, whose annual US 500 ranking looks at how the most visible brands stack up against each other. While overall performance for U.S. oil-and-gas brands took a tumble on the national front from 2017, [San Antonio's Valero bucked the trend](, rising nearly 40 percent. American Airlines and Southwest scored the highest Texas ratings of AAA. Follow DFW stocks: [See how top North Texas stocks performed](, as well as the oil and gas markets and major stock exchanges. DFW Top 100 Places to Work 2017: The Dallas Morning News and Workplace Dynamics partner each year to feature the [Top 100 workplaces](, based on ratings by the people who work at them.  Do you have feedback on this newsletter? Send your thoughts, questions, praise and corrections to our Business Editor Paul O'Donnell at [podonnell@dallasnews.com](mailto:podonnell@dallasnews.com?subject=Newsletter%20Feedback). STAY CONNECTED WITH US  [Facebook]( [Instagram]( [Twitter]( [LinkedIn]( [Reddit](  [OTHER NEWSLETTERS]( [SUBSCRIPTION OPTIONS]( [Unsubscribe](  |  [Manage Preferences](  |  [Privacy Policy](  |  [Contact](  |  [Advertise]( You received this message because you signed up for this Dallas Morning News newsletter or it was forwarded to you. Copyright 2018 - [The Dallas Morning News]( | [1954 Commerce St., Dallas, TX 75201](#)