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Love Field, American, Southwest, Oncor, GM: Thursday's D-FW business news

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Thu, Nov 1, 2018 06:08 PM

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November 01,  2018 🔎 Prefer the online view? It's . Follow us on Twitter . Dallas Love

November 01,  2018 🔎 Prefer the online view? It's [here](. Follow us on Twitter [@DMNBiz](. Dallas Love Field Airport's new Parking Garage C. (Rose Baca / Staff Photographer) The Big Story Love Field opening a 5,000 space parking garage just in time for the holiday rush Dallas Love Field’s long-awaited third parking garage will open at noon Thursday, adding 5,000 spaces at the parking-strapped airport that’s seen its passenger traffic nearly double in the last five years. [The completion of the $208 million project marks one of the last major milestones in an airport modernization program started in 2009]( that saw the main terminal overhauled to accommodate a surge in daily flights that came with the lifting of Wright Amendment Restrictions in October 2014. Since then, annual passenger enplanements has risen from 4.7 million to 7.8 million at the end of 2017. But the number of parking spaces failed to keep pace, to the point where garages were nearly or completely full during Thanksgiving, Christmas and other busy travel holidays. Advertisement The Latest Uptown's newest high-rise is open at The Union [The 2-tower development]( includes an office building, high-rise residential project and retail center anchored by a Tom Thumb supermarket. Vacant Sears getting a new life as Asian grocery market San Diego-based Zion Market purchased the 150,000-square-foot, two-level store from Sears for $4.92 million, [according to Denton County records](. About that worker asleep in American's cargo hold ... [Police say a baggage handler told them he was drunk]( when he fell asleep in an American Airlines cargo hold and flew from Kansas City to Chicago. GM posts $2.5 billion in profit, then offers buyouts The company, while acknowledging it's in good shape now, said Wednesday [it needs to be smaller]( to prepare for tougher times that might be ahead. Southwest adds free movies to its in-flight options [The Dallas-based carrier]( said that movies, which previously cost $5 to stream to a laptop or mobile device, will be available for free on most flights by the end of the week. Elsewhere in Texas - San Antonio: [Beyoncé]( nears settlement in lawsuit against San Antonio retailer accused of ripping her off. (San Antonio Express-News) - Houston: Encana is buying Houston's [Newfield Exploration]( for $5.5 billion. (Houston Chronicle) - Kerrville: Bankrupt firm [HJH Consulting Group Inc.,]( settles negligence claims against accountants. (San Antonio Express-News) - Austin: A new [venture firm]( is looking for deals with Austin entrepreneurs. (Austin American-Statesman) - San Antonio: Buyer emerges for late real estate tycoon’s [Alamo Towers](. (San Antonio Express-News) Oncor plans to replace all transmission towers on the easement at Forest Lane and Dallas North Tollway. (Carly Geraci / Staff Photographer) featured columnist: Robert Wilonsky Why Oncor hasn't yanked out those 100 trees along the Dallas North Tollway yet So I was wrong — all those trees along Dallas North Tollway, from Forest Lane up to Harvest Hill Road, are still standing a week after I wrote that they were chipper-bound within days. Well, OK, not all the trees are still there. A few were axed a week ago, the morning my column — about how Oncor planned to cut them down to meet "the increased demand for electric power" by replacing old transmission towers — ran in print. That is some hustle. But the rest of the timberline — stretching half a mile along the east side of the highway, the limbs and leaves of more than 100 trees visible over the sound wall — was spared by heavy rains that muddied up Oncor's transmission easement and made it impossible to summon the dozers. [This tale has taken a few new twists and turns, too, since last week]( — the work of government or God, depending upon to whom I'm speaking. Both, I guess, work in mysterious ways. 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](#)

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