Investor’s Business Daily, a national business newspaper based in Los Angeles, is considering expanding to Dallas, writes Sheryl Jean of the Dallas Morning News.
Jean writes, “‘There are a number of business reasons to consider the Dallas area,’ said Kathleen A. Sherman, director of corporate and media communications for Investors Business Daily. ‘It’s extremely premature.’
“She’s not sure how many jobs it could mean for the Dallas area or what the company’s time frame is for making a decision. The newspaper operates bureaus in other major cities, such as New York and Washington, D.C.
“Entrepreneur and stockbroker William O’Neil, who was born in Oklahoma and raised in Texas, founded the newspaper in 1984 to compete with The Wall Street Journal . A Southern Methodist University alumnus, O’Neil’s name graces the school’s Center for Global Markets and Freedom, which opened in 2008 with a gift from O’Neil and his wife Fay; a chair in business journalism; and a business journalism lecture series.”
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