Dallas, TX
The Last Word: Dallas Billionaire Tom Dundon on Why He Bought and 'Fixed' an NHL Team
Tom Dundon is chairman and managing partner of Dallas’ Dundon Capital Partners and owner of the NHL’s Carolina Hurricanes. He’s also one of the owners of the PPA Pickleball Tour, which recently merged with MLP by Margaritaville. [Photo: Carolina Hurricanes]
Tom Dundon
Owner of the NHL’s Carolina Hurricanes
.…The Hurricanes fit both of Dundon’s criteria, says Sports Business Journal.
Dundon, the chairman and managing partner of Dallas-based Dundon Capital, became the majority owner of the NHL’s Carolina Hurricanes in 2017, three years after he took Dallas-based auto loan giant Santander Consumer USA public with an IPO that raised $1.8 billion. He’s also a co-owner of the PPA Pickleball Tour—which merged in March with Austin-based MLP by Margaritaville—and an investor in Pickleball.com.
So you’d think he loves to watch his players in action. But that’s not the case, he told Sports Business Journal’s Ben McKeown, for one big reason: “The chance you might lose.”
Losing has become less of a factor for the Hurricanes since he bought them, though (they’re currently leading the New York Islanders 3-1 in the Stanley Cup playoffs). The SBJ’s profile of Dundon credits a lot of that success to the billionaire’s “calculating nature” as a “super competitive” owner who does “whatever it takes to win.”
Now Dundon is stepping up to the plate for something else, the SBJ reports: potentially being a lead investor for a group that wants to bring a Major League Baseball team to North Carolina.
You can read the SBJ story on Dundon here.
For more of who said what about all things North Texas, check out Every Last Word.
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Dallas, TX
GOP candidates for Texas House face off in Collin County, Park Cities, North Dallas
The fiercest legislative primary fights Tuesday in North Texas were inside the GOP.
In Dallas County, two moderate GOP incumbent representatives faced challengers after being censured by their own county party.
In Collin County, several Republican state House members were fending off rivals running to their right.
The Dallas Morning News will provide live election results this evening when the polls close at 7 p.m. Results will be updated throughout the evening for statewide races and Dallas, Collin, Denton, Ellis, Kaufman, Rockwall and Tarrant counties.
Dallas County, House District 108
Republican Morgan Meyer, first elected in 2014, was challenged by attorney Sanjay Narayan in a district that includes the Park Cities, Oak Lawn and Preston Hollow.
Narayan criticized Meyer for backing renewable energy expansion and for being censured by the Dallas GOP last year.
Meyer was among House Republicans targeted after disputes over the House speaker vote and chamber rules. He and other lawmakers called the censure effort unconstitutional.
In the campaign, Meyer focused on property tax relief and emergency preparedness after the Camp Mystic tragedy.
Small business owner Allison Mitchell is unopposed in the Democratic primary.
Dallas County, House District 112
Republican Angie Chen Button, who has represented the district covering parts of Dallas, Richardson and Garland since 2009, drew three primary opponents.
Button has highlighted her support for small businesses and public schools and her bipartisan record. A senior member of the Ways and Means Committee, she would play a key role in the state’s property tax debate if reelected.
Dallas-area delegation in the Texas House of Representatives on Sunday, May 30, 2021, showing State Rep. Angie Chen Button, R-Garland, in the chamber.
Bob Daemmrich / Bob Daemmrich/CapitolPressPhoto
Opponents Chad Carnahan and Tina Price attacked Button for being censured by the Dallas GOP last year, a move she and other lawmakers have criticized as an internal party power struggle.
Carnahan, a businessman, said he wants to lower property taxes and prevent Shariah in Texas.
Price said she would improve public schools and spur the re-use of old buildings. Also in the GOP race: Perry E. Barker Sr.
Democrat Zach Herbert was unopposed.
Collin County, House District 61
Two Republicans are seeking to represent the district that covers most of McKinney and parts of Frisco and Celina.
Incumbent Keresa Richardson, who was elected in 2024, and former state Rep. Frederick Frazier both support eliminating property taxes.
Richardson, an entrepreneur, said she would expand the Texas voucher-like program for education.
Frazier, a former police officer and McKinney City Council member, was more cautious about expanding the program.

Frederick Frazier speaks as Rep. Keresa Richardson looks on during a candidate forum for Republicans in Collin County ahead of the March primary election at Prestonwood Baptist Church in Plano, Texas, Tuesday, February 10, 2026.
Anja Schlein / Special Contributor
Two political newcomers, Jackie Bescherer and Brittany Black, are running in the Democratic primary. Both oppose Texas’ voucher program and vow to increase public education funding.
Collin County, House District 67
Republican Rep. Jeff Leach, first elected in 2012, faces Matt Thorsen in a district that includes parts of Plano, Allen, McKinney and Melissa.
Leach has highlighted his conservative record, including legislation barring Shariah in Texas courts. He also served as a House impeachment manager during Attorney General Ken Paxton’s 2023 trial, a role he has defended amid backlash from activists.
Thorsen, a small business owner and former youth pastor, helped lead the effort to censure Leach last year. He has criticized Leach’s impeachment role and accused him of siding with Democrats on House rules.
Both support eliminating property taxes, expanding education savings accounts and oppose the development formerly known as EPIC City. Two Democrats are also running, though the district has leaned Republican.
Collin County, House District 70
Three Republicans are competing for the nomination to run against incumbent Democrat Mihaela Plesa, who is running unopposed in her party’s primary.
Democrat Mihaela Plesa responds to questions during a District 70 Candidate Forum hosted by Raise Your Hand Texas at Plano ISD Academy High School in Plano on Wednesday, Oct. 19, 2022.
Liesbeth Powers / Staff Photographer
George Flint, a former district judge and Collin County Republican Party Chair, emphasized eliminating property taxes and securing the border in his campaign.
Jack Ryan Gallagher, an attorney, said he would attract companies to North Texas, improve public schools and partner with local law enforcement if elected.
Michael Hewitt, an attorney, said he would gradually lower property taxes and work to keep Texas a business-friendly state.
The district includes parts of Plano, Richardson and Far North Dallas.
Dallas, TX
Dallas Fed says ‘older, experienced workers’ likely have less cause for concern about AI job displacement
Artificial intelligence hasn’t yet triggered the broad job losses many feared — at least not for experienced workers.
That’s the takeaway from a new analysis by J. Scott Davis, an assistant vice president at the Federal Reserve Bank of Dallas, who examined employment and wage trends in industries most exposed to artificial intelligence.
Davis argues the data tell a more nuanced story — one that’s challenging the traditional career ladder, and helping older employees earn a bit more.
Since ChatGPT’s debut in late 2022, overall US employment has risen about 2.5%, according to Davis’ analysis, which uses an AI exposure index developed by researchers and published in the Strategic Management Journal. At the same time, employment in the sectors most exposed to AI has slipped by roughly 1%.
Wages tell a different story. The average weekly pay nationwide has climbed 7.5% since fall 2022. And across the most AI-exposed industries, wages have grown faster, up 8.5%.
If AI were simply replacing workers, both employment and wages would likely be falling, Davis wrote.
Instead, Davis points to a divide between “codified” knowledge — the kind learned from textbooks and in university courses — and “tacit” knowledge gained from hands-on work experience.
“Returns on job experience are increasing in AI-exposed occupations,” Davis wrote. “Young workers with primarily codifiable knowledge and limited experience will likely face challenging job markets.”
Using Bureau of Labor Statistics data, his analysis found that the occupations most exposed to AI tend to offer larger pay premiums for experienced workers.
In roles with less hands-on experience, AI exposure is associated with weaker wage growth, he wrote.
Workers under 25 in AI-exposed industries have also experienced employment declines, according to Davis’ analysis.
“There appears to be less cause for concern about widespread job displacement for older, experienced workers,” he wrote.
A less dire picture… so far
The findings offer a counterpoint to the more apocalyptic predictions about AI’s impact on the labor market.
Last week, Citrini Research published a memo, written from the hypothetical perspective in 2028, that theorized how AI could crush the US jobs market and trigger a broad-based market collapse.
“What if our AI bullishness continues to be right…and what if that’s actually bearish?” the memo asked.
Top executives inside the AI companies are worried about jobs, too.
Dario Amodei, the CEO of Anthropic, the company that runs Claude, warned that AI could eliminate 50% of entry-level office jobs. OpenAI’s head of product, Olivier Godement, said the life sciences, customer service, and computer engineering industries were all about to get automated. And Boris Cherny, the creator of Claude Code, said that he doesn’t believe the job title “software engineer” will exist next year.
For now, at least, the Dallas Fed paints a different picture of today’s jobs market. It points to less mass displacement and market ruptures — and more power for employees who already have their foot in the door.
Dallas, TX
Daisy’s Memorial Dog Strick Library| The Post
A tribute to a family dog is now helping other animals. Daisy’s Memorial Dog Stick Library encourages dogs to take and leave sticks on their walks near White Rock Lake. Kimberly Haley-Coleman stopped by The Post to talk about the tribute.
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