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The top Dallas-Fort Worth business stories of 2025 hint at what’s coming for 2026

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The top Dallas-Fort Worth business stories of 2025 hint at what’s coming for 2026


The Dallas-Fort Worth economy is ending 2025 in a much different manner than it began.

In a year that started with all eyes on Washington, D.C. and an incoming (and repeat) Trump Administration, North Texas carved its own path, reshaping the business landscape for years to come. Here are a few of the biggest stories of 2025:

January’s Department store disruption

Once a bellwether of the retail world, Plano-based JCPenney in January said that it was merging with Sparc Group to form Catalyst Brands, bringing in names such as Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica.

February and March bring downtown disruption

Longtime Dallas-based luxury department store chain Neiman Marcus, which was acquired in 2024 by Saks Global, announced and then unannounced that it would close its iconic downtown department store. The move was a blow to downtown leaders and city officials in an era when the central business district is being displaced as the region’s business and cultural epicenter.

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Texas is data center central

Texas became the hotbed for the data center boom this year, with dozens of companies announcing plans for these energy-sucking, AI-enabling facilities. Gasoline was thrown on an already sizzling market when OpenAi announced its Stargate initiative in February. This adds to major North Texas data center projects from players such as Meta, Google and Nvidia partners Aligned and Wistron.

DFW (Airport) keeps growing

After more than six years of discussions — delayed by new economic realities after the COVID-19 pandemic — DFW International Airport and American Airlines finalized a deal for a super-sized $4 billion Terminal F, the first new terminal since 2005. The upsized plans will include 31 new gates, exclusively occupied by Fort Worth-based American. The first phase should open in 2027.

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‘How’s that working for ya,’ Dr. Phil?

Celebrity TV problem solver Phil McGraw saw his North Texas-based startup Merit Street Media crumble in 2025 and file for bankruptcy, starting a contentious, fireworks-filled and often baffling court battle with partners such as Professional Bull Riders and Trinity Broadcasting Network. It was more entertaining than the famous Dr. Phil “Cash Me Outside” episode.

D-FW bank bought for $10.9B

Dallas-based banking giant Comerica was purchased by Ohio’s Fifth Third Bancorp in a $10.9 billion deal. Fifth Third was essentially buying its way into the Texas market, alongside branches in Arizona, California, Florida, Michigan and Texas.

Too many stories to count

These are just a few of the major storylines. There is also the drama about a Dallas ranch real estate agent killed by a buffalo during a hunt in South Africa, numerous real estate deals and residential expansions, arena searches by Dallas’ NBA and NHL teams that turned into a soap opera. A Muslim-centric development near Josephine gained national notoriety from politicians railing against the project.

National economic storylines such as international import tariffs and more aggressive national immigration enforcement efforts all reshaped the North Texas economy, too.

One thing was consistent. The Dallas-Fort Worth economy kept chugging along, adding some 42,600 jobs between the beginning of the year and the end of the third quarter. The more things change, the more they stay the same.

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Dallas-Fort Worth business datebook for the week of Dec. 28

Bowl games, economic reports and holiday closings.

Tricolor Auto car dealership, on Thursday, Sept. 11, 2025 in Dallas.
Dallas-based Tricolor paid CEO $30 million in year before alleged fraud

The payments helped finance luxury homes in Dallas, Beverly Hills and Miami, the trustee said.



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Stars-Kings preview: Dallas looks to right the ship against Los Angeles

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Stars-Kings preview: Dallas looks to right the ship against Los Angeles


The Dallas Stars have one win in their last seven games and are looking to right the ship in the second game of a West Coast road trip.

Dallas fell in overtime to San Jose on Saturday and now look to bounce back against the Los Angeles Kings.

Here’s everything to know about the matchup.

Dallas Stars vs. Los Angeles Kings

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When: Monday, 9 p.m.

Where: Crypto.com Arena in LA

TV/streaming: Victory+

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Radio: Sportsradio 96.7/1310 The Ticket

Bottom line

The Kings host the Stars after LA beat the Edmonton Oilers 4-3 in a shootout.

Los Angeles has a 19-15-10 record overall and a 7-9-5 record on its home ice. The Kings have given up 120 goals while scoring 116 for a -4 scoring differential.

Dallas has a 26-10-9 record overall and a 14-4-6 record on the road. The Stars rank second in the league with 154 total goals (averaging 3.4 per game).

The teams meet Monday for the third time this season. The Stars won the previous meeting 4-1.

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Top performers

Jason Robertson has 26 goals and 28 assists for the Stars. Wyatt Johnston has scored five goals with four assists over the past 10 games.

Alex Laferriere has scored 12 goals with 10 assists for the Kings. Andrei Kuzmenko has four goals and four assists over the last 10 games.

Last 10 games

Stars: 3-3-4, averaging 3.7 goals, 6.1 assists, 3.9 penalties and 8.1 penalty minutes while giving up 3.5 goals per game.

Kings: 4-5-1, averaging 2.9 goals, five assists, 4.1 penalties and 8.7 penalty minutes while giving up 3.3 goals per game.

Twitter: @dmn_stars

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Stars drop another in overtime after Sharks rally from two-goal deficit in third period

Dallas allowed goals on four of six Sharks power plays, including the game-winner in OT.

Dallas Stars right wing Mikko Rantanen, left, reaches for the puck against San Jose Sharks...
Stars-Sharks preview: Can Dallas build momentum against Macklin Celebrini, San Jose?

The Stars will look to string some wins together after snapping a long losing streak last time out.

Find more Stars coverage from The Dallas Morning News here.



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Cowboys news: Former Dallas 1st-round pick weighs in on who should be next DC

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Cowboys news: Former Dallas 1st-round pick weighs in on who should be next DC


Every offseason it seems like I see a linebacker’s name pop up that the Cowboys need to get to help the defense. This year it may be Quincy Williams. Could he be the guy the middle of the defense is missing? I’ve seen some reactions, and when you dig into the type of player he is the coverage numbers may make you second guess. And honestly, I get it because it doesn’t look pretty. When you actually dig into how Quincy Williams plays, and how he is used, the conversation changes fast. So let’s talk it through like fans, not scouts trying to sound smart.

The First Thing You Need to Know: This Dude Lives in the Box

Quincy Williams is not a coverage linebacker, and he never has been. He will not be floating around in space trying to run with slot receivers or carry tight ends down the seams. When you look at the snap data, it’s not even debatable. He spent hundreds of snaps in the box, very few on the edge, only a handful in the slot, and almost none on the outside.

That tells you exactly how defenses should play him. He is there to attack downhill. If you judge this man based on coverage stats alone, you’re grading a fish on how well it climbs trees. How Quincy Williams Actually Plays

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What I like about Quincy Williams is simple: when he sees it, he goes. There’s no dancing, no waiting for someone else to make the play. He triggers fast and shows up with bad intentions. Is he perfect? Absolutely not, but were any of the Cowboys linebackers last season even above average.

He will miss a tackle here and there because of his aggressive play style, but I’ll take that every day over a linebacker who catches blocks and gets pancaked. What I found even more impressive was he lines up all over the box. He can play weak side, strong side, and take inside looks, but he rarely just sat in the middle calling things out. He’s a flow-and-hunt guy, so the Cowboys would need to let him scrape, chase, and hit. That is where his game makes sense.

Not Much of a Pass Rusher

This may be another area where people will get twisted. Yes, you will see him walked up near the line sometimes, but he’s not an edge rusher. He is not winning with moves or stacking sacks. Those snaps are about pressure and confusion to make the offense account for him, mess with protection calls, and let the defense work around it. He’s a blitzer, not a technician, and if used incorrectly, it looks ugly.



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Man dies after dog attack in Dallas home, police say

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Man dies after dog attack in Dallas home, police say


A man has died after a dog attacked him inside a home in North Texas on Thursday afternoon, officials say.

Dallas police officers responded to a call in the 4100 block of Esmalda Drive at about 3 p.m. Wednesday, Jan. 7. Investigators determined the man was attacked by a dog inside a residence in the 4100 block of Pringle Drive.

The victim was taken to a local hospital, where he died from his injuries, police said.

According to a press release, the Dallas Police Department is treating the case as a homicide.

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Police ask anyone with information to contact Detective Kenneth Castoral at 469‑781‑1261 or by email at kenneth.castoral@dallaspolice.gov.



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