Amazon, Boeing, AT&T, Tenet: Monday's Business Briefing

Your lunchtime look at D-FW business [Your lunchtime look at D-FW business] September 18,  2017  Prefer the online view? It's [here](.  Follow us on Twitter: [@DMNBiz]( Boeing announced that it has chosen Triumph Group's Red Oak facility to be a supplier in its bid for a $16 billion military jet contract on Friday, Sept. 15, 2017. (Boeing Photographers) The Big Story Boeing taps Texas supplier for $16 billion military jet bid Boeing has chosen Triumph Group's manufacturing facility in Red Oak to be part of a bid for a $16 billion military jet contract that could bring hundreds of jobs and tens of millions of dollars in economic impact to the D-FW region. Boeing announced Friday that Triumph Group will supply the wing, vertical and horizontal tail structures and other components for the next-generation T-X aircraft, which would be used by the Air Force to train jet pilots. [The $16 billion contract is expected to be awarded by next spring](, with Boeing’s proposal competing against bids from several other top military contractors, including Lockheed Martin, whose aeronautics division is headquartered in Fort Worth. “We are giving the Air Force a brand-new, flexible design that will meet all the requirements. It can evolve as technologies, missions and training needs change,” said Karl Jeppesen, vice president of supplier management for Boeing Defense, Space and Security. -[Conor ShineÂ]( special offer For a limited time, newsletter readers can enjoy unlimited digital access to DallasNews.com for only $2.99 a week. [Sign up today]( and stay informed about the latest news that's important to you.  The Latest - Real estate: [New apartments and retail](construction in the works for Farmers Branch office park. - Autos: [Will flood-damaged cars]( end up in Dallas-Fort Worth? We're already in the nation's top five. - Technology: [Samsung's Galaxy Note 8](is the phone Note 7 users have been waiting for. - Philanthropy: From its Plano base, [PepsiCo charityÂ](delivers on million-meal commitment to hurricane victims. - Health care: Analysts indicate healthcare giant may be interested in buying [Tenet](. Advertisement Amazon CEO Jeff Bezos, seen in a June 2014 photo, has spoken out passionately in support of immigrants and other controversial causes.  (Ken Lambert/Seattle Times/TNS) Featured Columnist: Mitchell Schnurman How to sell Amazon on Dallas for HQ2? Pitch the city, not the state By the standard metrics, the Dallas area should be a leading contender to land Amazon’s next-generation headquarters. It has the office space, the land, the labor force, the transportation network and the stomach to handle years of hefty taxpayer incentives. [The big unknown: Can Amazon get past the Lone Star State's culture wars?]( It’s not only that Texas is deep red and Amazon’s home in Washington state is neon blue. On some key issues, including immigration, LGBT rights and climate change, Texas’ elected leaders are often at odds with the progressive values of the online giant. Remember the “bathroom bill” that roiled the Legislature this year? Amazon was one of 14 big companies[,]( including Apple, Google, Facebook and IBM, that wrote Gov. Greg Abbott in May, urging him to reject the proposal. Plus: [Find more Mitchell Schnurman columns]( Elsewhere in Texas - Real estate: [CodeNext opens options]( for garage apartments, but finances are a hurdle. (Austin American-Statesman) - Energy: [Valero says benzene plume]( may have come from other plants. (Houston Chronicle) - Economy: [Houston's Anything-goes business model](under siege after Harvey. (Bloomberg) - Sports business: [Dallas Cowboys head](NFL's most valuable teams list at $4.8 billion. (Forbes) - Grocers: [Houston grocers](shut down by Harvey give timelines for reopening. (Houston Chronicle) Caption In One Chart Why AT&T craves Time Warner If regulators approve, AT&T will combine its distribution with content from Time Warner's HBO, CNN, Turner and Warner Bros. That would create new growth opportunities and a big upside: AT&T could become more indispensable to the millions who buy its wireless service, pay TV and broadband. [As wireless plateaus, AT&T is diversifying](. It bought DirecTV in 2015, adding 20 million subscribers, and Time Warner would bring about $30 billion in annual revenue. The new company created by a merger of AT&T and Time Warner plans to create more content for mobile, more bundles for viewers and a big new market for targeted ads. More than 42,000 apartments are being built in North Texas, second only to New York City. (Andy Jacobsohn / Staff photographer) HOW WE COMPARE Even with a slowdown, D-FW has nation's 2nd busiest apartment building market About 42,000 apartments are currently being built in the Dallas-Fort Worth area. That's already down from more than 50,000 apartments in the development pipeline earlier this year, according to RealPage. [Even with the slowdown, D-FW is the second busiest apartment building market in the country.](Only New York City -- with 45,675 units under construction -- has more in the pipeline, according to the data from RealPage's Axiometrics division. D-FW isn't the only city with a decline in new apartment building permits. Permits are down in Atlanta, Houston, Nashville and Las Vegas, too. "We have been expecting multifamily construction to cool from peak levels, so these changes are not a surprise," said Axiometrics' Jay Denton. While total Dallas-area permits are off from a year ago, more new projects are getting started here. -[Steve Brown]( Plus: [Find more on D-FW real estate]( 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 2016: 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. The 2017 ranking is in progress. 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? 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