American Airlines, Tenet, Conifer, Goodies from Goodman: Thursday's Business Briefing

Your lunchtime look at D-FW business [Your lunchtime look at D-FW business] March 01,  2018 🔎 Prefer the online view? It's [here](. Follow us on Twitter [@DMNBiz](. The lobby at Conifer Health Solutions in Frisco, Texas, Thursday, Feb. 22, 2018. (Jae S. Lee/The Dallas Morning News) the big story One of Frisco’s largest employers faces uncertainty as Tenet Healthcare resets As Dallas-based Tenet Healthcare aims to dramatically turn around its financial outlook by refocusing attention from hospitals to ambulatory care, there is uncertainty about what could come next for its profitable subsidiary Conifer Health Solutions, Frisco’s second largest employer. [Conifer bills itself as a revenue cycle management and patient communications firm](. What that means is it helps hospitals connect with patients at the front end of care, to properly code those medical visits, and ultimately, to collect reimbursements for the care that was provided. Since Conifer spun off from Tenet and became a separate entity in 2008, business has grown eightfold to include more than 800 health care facilities. The revenue generated from a Conifer sale could help pay down debt. By some estimates, Conifer could sell for $2 billion. In the meantime, it is stuck in the middle as the current owner refocuses. -[Sabriya Rice]( Plus: [Find more on the health care industry]( SUBSCRIBE NOW [Get unlimited digital access for $2.99 per week]( The Latest - Retail: Arts and crafts retailer [Michaels]( is partnering with HGTV's Property Brothers. - Energy: U.S. judge says [Energy Transfer's Louisiana pipeline]( threatens 'already diminishing wetlands.' - Retail: All 250 [Best Buy Mobile stores]( are closing including four in D-FW. - Economy: Dallas leaders release a study that says [immigrants]( have a lot of economic punch. - Energy; [Atmos]( to cut off gas for 2,800 homes near deadly explosion for up to 3 weeks. Advertisement The $1 billion Bayside project was originally planned with commercial and residential construction surrounding a Crystal Lagoon water feature. (Bayside) How We Compare New developer on Rowlett's $1B Bayside project puts Crystal Lagoon plans in flux Rowlett's $1 billion Bayside project has a new developer. And plans are up in the air for the long-awaited Crystal Lagoon in the project on Lake Ray Hubbard. [The owners of the 262-acre mixed-use Bayside development on Interstate 30 say they have hired longtime Texas developer Tom D'Alesandro]( to lead the lakeside commercial and residential project in Rowlett. Developer Kent Donahue, who has worked on the Bayside project for three years, is no longer involved in the project. -[Steve Brown]( And: [Dallas oilman Trevor Rees-Jones sells $15.9 million University Park mansion]( Plus: [Find more on D-FW real estate]( Elsewhere in Texas - San Antonio: [USAA]( to move 400 IT workers downtown this summer. (San Antonio Express-News) - Austin: [Phunware]( to break into public markets via merger with Greece-based company. (512Tech.com) - El Paso: [El Paso Electric]( is refunding between $26 million and $31 million. (El Paso Times) - Spring: [Wet'n'Wild SplashTown]( plans a major expansion. (Houston Chronicle) - Lamesa: Construction is set for the [Project Ivory Solar Facility]( near Lamesa. (Lubbock Avalanche-Journal) Chuck (left) and Bobby Goodman, co-owners of Goodies From Goodman, are hanging up their aprons and selling the family business. (File 2016) Featured Columnist: Cheryl Hall Looking to make $300K in 18 days? Family selling Dallas gift basket business Wanna buy a 101-year-old, highly profitable, debt-free company for a song? If so, Chuck and Bobby Goodman, the brother co-owners of gift-basket company Goodies From Goodman, have a deal for you. Chuck, 66, and Bobby, 61, are hanging up their aprons from Goodies. Chuck has two grown children and Bobby has three, but none are interested in carrying on the family tradition. [So the brothers have put a $595,000 price tag on the iconic brand, hoping to quickly snag someone who is.]( It may be the most unusual pop-up sale ever. Plus: [Find more columns by Cheryl Hall]( (Nam Y. Huh / The Associated Press) airlines American Airlines objects to $8.5 billion O'Hare revamp over gate dispute American Airlines is threatening to derail a proposed $8.5 billion expansion of Chicago’s O’Hare International Airport in a dispute over gates allocated to rival United Airlines, the other major carrier at the nation's third largest airport. [American said Wednesday that it could not sign the proposed lease that would fund the expansion in its current form](, citing a "secret provision" in the deal the Fort Worth-based carrier said unfairly advantages United. United called American's claims "disingenuous" and said its agreement with the city for five additional gates has been known for over a year. -[Conor Shine]( Plus: [Find more on airlines, especially American and Southwest]( Onboarding Who is getting hired and promoted - COQUEST INC. named Mark Shore director of educational research for Coquest Advisors LLC. - FREESE AND NICHOLS INC. named Michael Carter senior asset management project manager and Charles Gaddy senior environmental project manager in Fort Worth. - HOME2 SUITES BY HILTON PLANO RICHARDSON named Mike Testerman general manager and Gayle Stanley director of sales. - HOTEL CRESCENT COURT named Erica Hoelscher senior marketing communication manager. 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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