Plano Approves Toyota Incentive Deal
North Texas leaders are still bragging, and with good reason. Toyota will be moving to Plano. It is official. The city council voted unanimously on an agreement with the automaker.
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North Texas leaders are still bragging, and with good reason. Toyota will be moving to Plano. It is official. The city council voted unanimously on an agreement with the automaker.
Toyota is now Texan. Monday night Plano approved the largest incentive package in the city's history. Now CBS 11 News has learned more about what the biggest economic development in the city will mean for residents.
The announcement that Toyota will be relocating its headquarters in Plano is big news, but developers and analysts say the news just adds to a bigger picture. Builders say North Texas is in the midst of a building boom.
The maker of the popular Sriracha hot sauce says he has no intention of moving his embattled factory out of Irwindale, California, but he has told two visiting Texas lawmakers he might consider expanding into that state.
After weeks of lobbying, Virgin America says it's feeling the "Love." On Monday afternoon, the City of Dallas announced that it is allowing Virgin America to use two gates up for grabs at Love Field Airport.
On Monday, the City of Dallas awarded the two disputed gates at Love Field to Virgin America Airlines.
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The big incentive package that lured Toyota to North Texas could get the green light on Monday. Landing the deal came down to more than schools, but now officials have to approve it.
An announcement on which airline will get to use two gates at Dallas Love Field Airport did not come Friday as first expected. Dallas City Manager A.C. Gonzalez told city council members and reporters he is still reviewing relevant information.
The City of Plano has laid out the incentive plan they used to lure Toyota's new headquarters to town. The plan is worth about $6.5 million and will be paid out through 2017-2018.
Virgin America created a public relations stir two weeks ago, when it landed at Dallas Love Field to announce new flights on Southwest Airlines' home turf.
The battle for two available gates at Dallas Love Field will come to an end on Friday, and a source has told CBS 11 News that Virgin America is going to come out on top.
Beginning on Friday, Netflix is raising its internet video prices by $1 per month for new customers and giving its current U.S. subscribers a two-year break from the higher rates.
Apple is orchestrating a $3.2 billion acquisition of Beats, the headphone maker and music streaming distributor founded by hip-hop star Dr. Dre and record producer Jimmy Iovine.
CBS 11 News has learned new information about on the gate debate at Dallas Love Field Airport. A source has confirmed that Dallas city manager A.C. Gonzalez is in the process of approving Virgin America's use of the gates in question.