Baylor Scott and White, TI, American Airlines, Fountain Place: Friday's Business Briefing

Your lunchtime look at D-FW business [Your lunchtime look at D-FW business] January 19,  2018 🔎 Prefer the online view? It's [here](. Follow us on Twitter [@DMNBiz](. Fans cheer from the owners' suite after the Dallas Cowboys scored at AT&T; Stadium in Arlington in January 2015. (Tom Fox / DMN) The Big Story Businesses no longer get tax break for taking clients to ballpark after overhaul Tucked into the massive $1.5 trillion tax overhaul that Congress approved last month was the elimination of the 50 percent tax deduction that firms had long been able to take on business-related expenses for “entertainment, amusement, or recreation.” [And that’s sure to get the attention of North Texas businesses](who’ve used the perk to help cover the cost of, say, treating clients to games at AT&T Stadium or American Airlines Center. “They spend significant amounts on business development,” said David Epperson, a certified public accountant at Dallas-based Saville Dodgen & Co. “That includes entertaining, ballgame tickets, taking them to a hunting lodge or whatever.” -[Tom Benning]( Plus: [Find more on the business of sports in D-FW]( SUBSCRIBE NOW [Get unlimited digital access for $2.99 per week]( The Latest - Trade: 'We want NAFTA to continue': [Gov. Abbott talks trade](, immigration and Amazon. - Airlines: [American Airlines]( plans dozens of new routes in 2018, including several from DFW Airport. - Technology: [Texas Instruments]( preps for 'well-planned' transition as CEO is set to become board chairman. - Restaurants: [6 Dallas restaurants]( you'll see on 'Diners, Drive-Ins and Dives' in early 2018. - Transportation: [Dallas to bike-share companies](: Clean up your mess, or we will. - Airlines: [Delta Air Lines]( puts a leash on flying emotional support and service animals. - Business and government: Here's what Texans can expect in a [government shutdown](. Advertisement Dale Petroskey, president of the Dallas Regional Chamber, announces that the DFW region is a finalist for consideration in Amazon's second headquarters before the Dallas Regional Chamber's annual luncheon at the Hilton Anatole in Dallas on Thursday, Jan. 18, 2018. (Rose Baca/The Dallas Morning News) amazon Amazon HQ2 shortlist reignites tax incentives debate in Dallas-Fort Worth Business leaders around the continent had been waiting with bated breath since corporate mammoth Amazon gave them an unprecedented assignment back in September: Convince us that your metro area should be our second home, our “HQ2.” On Thursday, the Seattle-based online retail giant fired the starting gun on the second round of competition, releasing a list of 20 metro areas, winnowed down from 238, that made the cut. And Dallas-Fort Worth was on it, much to the delight of local officials. [But the announcement also reignited a smoldering debate]( about the use of tax breaks or other government-funded financial incentives — in Amazon’s case, as much as $7 billion from New Jersey or $5 billion from Maryland — to lure business and investment to a given community. It’s debate with an added layer in a region whose leaders pitched an almost dizzying array of possible sites in multiple cities. -[Jill Cowan]( And: [How does Dallas stack up among Amazon HQ2 finalists?]( Also: [Here are known Dallas-area sites that could be in the running]( Meanwhile: [Houston really hates being left out]( Your thoughts: [Where do you think Amazon will put its new headquarters?]( Plus: [Find all of our Amazon coverage in one place]( Elsewhere in Texas - Energy: [U.S. crude production]( nears two-year high, says the Energy Department. (Houston Chronicle) - Entrepreneur: Austin’s [Samantha Snabes](, founder of re:3D, takes the $1 million WeWork Creator prize. (Austin American-Statesman) - Energy: San Antonio energy infrastructure fund [EnCap Flatrock Midstream]( raises $3.25 billion. (San Antonio Express-News) - Retail: [El Paso region leaders]( say Amazon's rejected plans still help the area. (El Paso Times) - Manufacturing: [StandardAero](’s San Antonio facility wins commercial contract to maintain Boeing 757 engines. (San Antonio Express-News) (Baylor) health care Baylor Scott and White to stop delivering babies at its Carrollton medical center Starting next week, babies will no longer be delivered at the Baylor Scott and White Medical Center in Carrollton, and the facility's neonatal intensive care unit will close next month. [While obstetrical services will be discontinued, gynecological care — including procedures such as imaging, mammography and hysterectomies — will still be provided at that location](. The 216-bed acute care facility on North Josey Lane has been managed by Baylor since 2009. It serves residents in Carrollton, Lewisville, Farmers Branch, Flower Mound and nearby communities. As it did when it announced plans to close its Garland hospital, Baylor cited increased local competition as the reason for the change. -[Sabriya Rice]( And: [Troubled Timberlawn psychiatric hospital is closing before the state can shut it down]( Plus: [Find more on the health care industry Â]( (Irwin Thompson / Staff Photographer) real estate Dallas' iconic Fountain Place tower is rocketing into the 21st century with redo When developers pulled the wraps off the newest downtown skyscraper back in the 1980s, Dallas residents sat up and took notice. [The 60-story Fountain Place tower put an exclamation point on the skyline with its green-mirrored glass and rocket shape.Â](And, unlike the boxy high-rises that came before it, Fountain Place caught everyone's imagination with its fanciful shape and namesake water garden out front. More than three decades later, the Ross Avenue tower is still one of Dallas' favorites. And the new owners who are giving the building its first major makeover are regularly reminded of the first rule of renovation: Don't screw it up. -[Steve Brown]( Also: [D-FW saw more than $1.5B in big commercial property trades in 2017]( And: [D-FW was one of the top data center markets in 2017]( Plus: [Find more on D-FW real estate]( Onboarding Who is getting hired and promoted - TRANSPLACE named Frank McGuigan chief executive officer and Tom Sanderson executive chairman. - VINSON & ELKINS promoted Peter Marshall to partner. - WEIL GOTSHAL & MANGES LLP promoted David Gail and Benton Lewisto partners. - WINSTEAD named Ladd Hirsch and John Tancabel shareholders in the business litigation practice group in the Dallas office. - WITT/KIEFFER named Carl Fitch practice leader in the Emerging Physician Leaders. - WARRINGTON ASSET MANAGEMENT named Edward den Dooven managing director and head of strategic business development and investor relations. Plus: [Find more executive changes]( 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. Advertisement 👋  That's all for today! For up-to-the-minute business news and analysis, check out [DallasNews.com/Business](. 💖 Share the love: If you like this newsletter, please forward this email to a friend and [check out our other newsletters here](. 📧 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). 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