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Welcome to The Dallas Newsletter!

In today’s edition:

• PNC names exec for Dallas expansion.

• NBA free agency: Klay to Dallas.

• A deep dive into the life of Jack Ruby.

• And more…

Quote of the Week

"Injustice anywhere is a threat to justice everywhere."

-Martin Luther King Jr

Sponsored

Yes, this platform’s 77% return is an outlier – but the rest may surprise you

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Every one of their sales has returned a profit to investors, with 12 of them delivering double-digit returns, and 1 delivering triple-digit annualized returns. 

In full, Masterworks has over 300 paintings and their 16 exits have delivered: 32%, 39.3%, 36.2%, 27.3%, 9.2%, 33.1%, 21.5%, 17.8%, 13.9%, 35%, 10.4%, 325.5%, 4.1%, 17.6%, 77.3%, and 13.4% net annualized returns. 

Every sale but one outperformed the stock market in the period from when it was offered to when it was sold. 

With performance like that, offerings on the platform can sell out in minutes. However, Local News Newsletter readers can skip the waitlist to join with this exclusive link.

Trivia

Which Dallas zoo is the oldest and largest in Texas?

A) Fort Worth Zoo

B) Dallas Zoo

C) Houston Zoo

D) San Antonio Zoo

Answer to Last Week’s Trivia:

The large lake located to the east of Dallas is A) Lake Ray Hubbard.

News

💼 Business

PNC names new exec to lead retail expansion in Dallas, beyond. (link)

Dallas' support clears way for mixed-income housing to rise in Cedars. (link)

🏒 Sports

NBA free agency tracker: Live updates, news as Klay Thompson picks Dallas; Paul George, Tyrese Maxey agree to. (link)

Mavericks' Klay Thompson: To join Dallas. (link)

🏦 Finance

AI fraud is growing: Here's how to defend your business against it. (link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports

🏀 Dallas Wings vs. Los Angeles Sparks
College Park Center, Arlington, TX
Saturday, Jul 13th | 2:30 PM | (More info)

⚽ FC Dallas vs. Los Angeles Galaxy
Toyota Stadium, Frisco, TX
Saturday, Jul 13th | 7:30 PM | (More info)

Music

🎤 The Volunteers - North American Tour
House of Blues Dallas , Dallas, TX
Friday, Jul 12th | 6:00 PM | (More info)

🎵 The Allmost Brothers Band
Granada Theater - TX, Dallas, TX
Friday, Jul 12th | 8:00 PM | (More info)

Family

🎭 Tommy Davidson
Addison Improv 4980 Beltline Road #250 Addison, TX
Friday, Jul 12th | 7:30 PM | (More info)

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “Futuristic Dallas with a focus on sustainability and renewable energy.” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

Dallas Historical Events

1986: Trammell Crow opens the Dallas Market Center.

In 1986, Dallas witnessed the inauguration of the Dallas Market Center, an ambitious project spearheaded by the renowned real estate developer Trammell Crow. This event marked the opening of what would become the world's largest wholesale merchandise resource, significantly bolstering Dallas's status as a global hub for commerce and trade. Situated in the heart of the city, the Dallas Market Center was designed to cater to a wide range of industries, including home furnishings, gifts, lighting, apparel, and fashion accessories, offering permanent showrooms and temporary exhibition spaces for manufacturers, designers, and retailers from around the globe.

The Dallas Market Center quickly established itself as a pivotal venue for trade events, attracting buyers and sellers from across the United States and around the world. Its expansive facilities, which encompassed millions of square feet, were meticulously planned to facilitate easy navigation, efficient business transactions, and productive networking opportunities. The center's innovative design and state-of-the-art amenities set new standards for the industry, making it a model for other market centers worldwide. The success of the Dallas Market Center underscored Trammell Crow's vision of creating a dynamic commercial ecosystem that could drive economic growth and position Dallas at the forefront of international trade and commerce.

Over the years, the Dallas Market Center has played a crucial role in the economic development of Dallas, contributing significantly to the city's reputation as a leading center for trade, fashion, and design. The center's ongoing expansion and adaptation to industry trends have ensured its relevance and competitiveness in the ever-evolving marketplace. Today, the Dallas Market Center continues to host thousands of exhibitors and visitors annually, facilitating business and fostering innovation in a wide array of industries. Its inception in 1986 was not just a milestone for Dallas but a testament to the city's entrepreneurial spirit and its capacity to host a world-class platform for global commerce.

Famous People From Dallas

Jack Ruby (1911–1967): Nightclub owner who killed Lee Harvey Oswald.

Early Life and Family Background (1911–1929)

Jack Ruby, born Jacob Leon Rubenstein in Chicago, Illinois, in 1911, was the son of Polish immigrants. Growing up in a working-class neighborhood, Ruby faced the challenges of poverty and a disjointed family life. These early experiences shaped his resilient and combative nature, which would become defining traits of his character.

Move to Dallas and Business Ventures (1930–1950)

In the early 1930s, Ruby ventured to Dallas, Texas, seeking new opportunities. He delved into various business endeavors, eventually gravitating towards the nightclub industry. By the 1940s, Ruby had established himself as a prominent nightclub owner in Dallas, known for his charismatic personality and connections within the city's entertainment and law enforcement circles.

The Carousel Club and Social Connections (1951–1963)

Ruby's Carousel Club became a popular Dallas hotspot, attracting a diverse clientele that included police officers, politicians, and underworld figures. His ability to navigate these social circles earned him a reputation as a well-connected and influential figure in Dallas. Ruby's relationships with law enforcement were particularly noted, blending the lines between legitimate business operations and the city's darker undercurrents.

November 24, 1963: The Assassination of Lee Harvey Oswald

In the aftermath of President John F. Kennedy's assassination, Ruby made international headlines by fatally shooting Lee Harvey Oswald, the accused assassin, in the basement of the Dallas police headquarters. This act catapulted Ruby from local notoriety to historical infamy, linking him indelibly to one of the most scrutinized events in American history.

Trial and Conviction (1964–1966)

Ruby's trial for the murder of Oswald was a media sensation, highlighting his complex personality and the chaotic environment of Dallas at the time. Convicted of murder with malice and sentenced to death in 1964, Ruby's case was later appealed, and a new trial was ordered. However, his deteriorating health prevented the retrial from taking place.

Final Years and Death (1966–1967)

Ruby's health rapidly declined while he was in custody, suffering from lung cancer among other ailments. He died in January 1967, before his appeal could lead to a new trial. Ruby's death added another layer of mystery and controversy to the already convoluted narrative of the Kennedy assassination.

Jack Ruby and Dallas

• Ruby's life and actions are deeply intertwined with the city of Dallas, where he lived and operated his businesses.

• His shooting of Lee Harvey Oswald placed Dallas at the center of a national tragedy and ensuing controversy.

• Ruby's legacy is a complex part of Dallas's history, reflecting the city's tumultuous atmosphere in the early 1960s.

Key Achievements:

• Became a well-known nightclub owner in Dallas, establishing the Carousel Club as a popular entertainment venue.

• Played a controversial role in American history by assassinating Lee Harvey Oswald.

• His actions and subsequent trial contributed to the myriad theories surrounding the Kennedy assassination.

Jack Ruby's life was marked by contradictions and complexities, culminating in a moment of violence that forever altered his legacy and the course of American history. As a nightclub owner in Dallas, he was a figure of local prominence, yet his act of killing Lee Harvey Oswald thrust him into a national spotlight, linking him inextricably to one of the most tragic and debated events of the 20th century. Ruby's story remains a fascinating and tragic footnote in the history of Dallas and the United States, reflecting the intertwining of individual destinies with collective historical moments.

Connect With Me

If you want to connect, reply to this email and let me know what you think.

I would love to hear from you. Don’t be shy.

-Matthew Larsen

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