Trump praises new Mexico deal, home market outlook, TI: Monday's Business Briefing

Your lunchtime look at D-FW business [Your lunchtime look at D-FW business] August 27,  2018 🔎 Prefer the online view? It's [here](. Follow us on Twitter [@DMNBiz](. U.S. President Donald Trump talks to Mexican President Enrique Pena Nieto during a phone conversation on Monday, Aug. 27, 2018 to announce the United States-Mexico Trade Agreement in the Oval Office of the White House in Washington, D.C. (Olivier Douliery/Abaca Press/TNS) The Big Story President Trump signs off on new trade deal with Mexico to revamp NAFTA WASHINGTON — President Donald Trump on Monday announced a breakthrough in long-stalled talks with Mexico over the North American Free Trade Agreement, saying the U.S. had come to terms on a bilateral trade deal with its southern neighbor. [The president, long a critic of NAFTA, hailed the nascent accord as "very special" for American workers, manufacturers and farmers.]( "It's a big day for trade," he said in a hastily arranged appearance in the Oval Office, where he patched in Mexican President Enrique Pena Nieto by phone. "It's a big day for our country." -[Tom Benning]( and wire reports The Latest Dallas' Lincoln Centre hotel returns to lender control The 500-room Hilton Dallas Lincoln Centre, at LBJ Freeway and the Dallas North Tollway, reverted to [Colony Capital](. Plano rehab provider will pay $6.1 million penalty [Reliant Rehabilitation Holdings Inc.](, is accused of offering nursing homes free Reliant-employed nurse practitioners as a reward. Richardson's TI roots could help it land expansion bid [The Dallas-based semiconductor company]( recently revealed plans for a potential new facility in Richardson. What Saint Laurent's move to NorthPark shows The lease at men's and women's fashion boutique [Saint Laurent]( is up early next year.  Tech that caught airport impostor has Texas ties The facial recognition system is powered in part by image matching software developed by NEC Corp., a Japanese firm that has [headquarters in Irving](. Advertisement Elsewhere in Texas - Statewide: [BBB]( offers last-minute Labor Day travel tips to avoid scams. (Victoria Advocate) - Galveston: [A higher bond rating]( could help boost the Port of Galveston infrastructure. (Houston Chronicle) - San Antonio: The city's [San Antonio International Airport]( set another record for passenger growth in July. (San Antonio Express-News) - Houston: Uptown Park will be home to the first Texas store for [Rejuvenation](, a brand of William Sonoma. (Houston Chronicle) - San Antonio: [A Round Rock company]( is planning the construction of a new San Antonio movie theater and brewery. (San Antonio Express-News) (Paul Sakuma / Associated Press) featured columnist: Steve Brown Dallas area's hot home market appears headed for a slowdown Is the housing boom running out of gas? During the last few years, the home market has been on a tear in North Texas and in other parts of the country, with prices soaring and buyers lining up as soon as a sign hits the front yard. [But there are growing signs that the fast-paced housing market is shifting gears](, with a decline in sales in many markets and smaller price increases. "The economy is strong. Labor markets are solid. Yet, new home sales and single-family housing starts and permits have stalled. How can this be?" said Patrick Newport, executive director of the U.S. economics team at IHS. 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). STAY CONNECTED WITH US  [Facebook]( [Instagram]( [Twitter]( [LinkedIn]( [Tumblr]( [Google]( [Reddit](  [OTHER NEWSLETTERS]( [SUBSCRIPTION OPTIONS]( [You received this message because you signed up for this Dallas Morning News newsletter or it was forwarded to you. Copyright 2018 -]( style="font-weight: normal;font-weight: normal;text-decoration: none; color: #000" target="_blank">Manage Preferences  |  Privacy Policy  |  Contact  |  Advertise