Local Business

Openings, expansions, and the people behind Plano-area business.

22 New Businesses in Plano: Week of Aug. 24

Public records show 19 new sales tax permits, 2 alcohol license applications and 1 business listing for Plano businesses in the week of Aug. 24. Here is the full list.

Quincy QuillAugust 25, 20263 min read

PepsiCo North America Faces Revenue Pressure Amid Soft Consumer Demand

PepsiCo's North America division reported modest organic revenue growth in the first quarter of 2025, with the Foods segment experiencing a decline in core operating profit.

Quincy QuillAugust 25, 20262 min read

Bank of America restricts consecutive remote work days

The financial institution has updated its hybrid policy to limit employees from working remotely for two back-to-back business days, including the Friday through Monday stretch.

Quincy QuillAugust 25, 20261 min read

Bank of America Maine president outlines growth strategy

Brian King, president of Bank of America Maine, discussed the bank's operations in Belfast and plans to increase its deposit market share.

Quincy QuillAugust 24, 20262 min read

Shareholder suits challenge JPMorgan, Morgan Stanley in buyout deals

JPMorgan Chase and Morgan Stanley face shareholder lawsuits alleging breaches of fiduciary duty in recent multibillion dollar buyout transactions.

Quincy QuillAugust 24, 20261 min read

NHTSA opens defect investigation into Toyota Grand Highlander cooling system

The National Highway Traffic Safety Administration has initiated a defect investigation into approximately 87,000 Toyota Grand Highlander vehicles following allegations that debris entering the front grille can damage critical heat exchangers.

Quincy QuillAugust 24, 20262 min read

Indiana Economy Sees Healthcare Spending Shifts and State Budget Gains

Bank of America's high drug costs, Purdue's campus expansion plans, and a $310 million state budget return highlight recent economic updates in Indiana.

Quincy QuillAugust 24, 20262 min read

Ericsson and MTN complete MoMo migration in four African markets

Ericsson and MTN Group Fintech have finished migrating the MoMo platform to a cloud-native architecture in Eswatini, Ghana, Rwanda, and Uganda, with further expansions planned.

Quincy QuillAugust 24, 20262 min read

Sophisticated Bank of America Phishing Scam Spreads Remote Access Malware

A highly deceptive phishing campaign impersonating Bank of America is distributing remote access malware by mimicking official branding and creating urgent alerts.

Quincy QuillAugust 24, 20261 min read

Toyota clarifies GR GT availability status in US market

Toyota Motor North America stated that the GR GT supercar is not sold out in the United States, correcting a previous interpretation of executive remarks.

Quincy QuillAugust 23, 20261 min read

Santa Barbara Police Seek Suspect in Montecito Bank Robbery

Authorities have released a photo and details regarding an alleged robbery at a Montecito Bank of America branch, where a suspect fled on a bicycle after threatening employees with what appeared to be a weapon.

Quincy QuillAugust 22, 20262 min read

Toyota North America Names Niki Allen New CIO

Niki Allen joins Toyota Motor North America in Plano as chief information officer, effective Sept. 8, to lead technology strategy and digital transformation efforts.

Quincy QuillAugust 22, 20261 min read

SEC sues former Bank of America banker over alleged insider trading

The Securities and Exchange Commission has filed a lawsuit against Jason Satsky, alleging he shared confidential deal information with a friend who profited from stock purchases.

Quincy QuillAugust 22, 20262 min read

JPMorgan Chase CEO warns new bank capital rules may limit small business credit

Stevie Baron, CEO of Chase Business Bank, stated in a memo that proposed federal capital regulations could raise borrowing costs and reduce lending access for small businesses.

Quincy QuillAugust 22, 20262 min read

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