July 20, 2020 Comptroller Glenn Hegar on Monday said an economic slowdown caused by the coronavirus and an oil slump is erasing a $2.9 billion surplus expected for the state’s current two-year budget cycle, producing instead a $4.6 billion revenue shortfall. “It’s such a big number, there’s a pretty big gap there,” Hegar said of […]
July 17, 2020 Seven of Dallas’ 50 highest-rated restaurants are currently closed – two permanently. Last fall, the Dallas Business Journal highlighted the top 50 highest’s rated restaurants in the city, according to rankings from Trip Advisor. The attached gallery has details about which restaurants are open for dine-in, take-out and pick-up – and those […]
July 20, 2020 Family-owned, century-old Vista Bank weathered Texas’ devastating Dust Bowl, endured a couple world wars and survived the bank-busting Great Recession. Now, as a highly contagious virus infects the global economy, the 15-location community bank is taking on one of the biggest business loan programs ever launched in the U.S. Vista is one […]
July 19, 2020 Exxon Mobil Corp. altered the North Texas business landscape when it moved its corporate headquarters from New York City to Irving in 1989, instantly establishing the oil giant as the region’s largest company by revenue. In the three decades since, its reign at the top has been largely unchallenged as Exxon went […]
July 18, 2020 Dallas-based Topgolf International Inc., an operator of driving ranges with a party atmosphere, is in talks to go public through a merger with the blank-check company Churchill Capital Corp. II, according to people with knowledge of the matter. Topgolf is in talks to merge with the special purpose acquisition company, or SPAC, […]
July 17, 2020 Opening a new front in the legal wars over voting during the coronavirus pandemic, two civil rights organizations and two Texas voters argue that the state’s rules for in-person voting won’t work this year and are asking a federal judge to require substantial changes. In a wide-ranging federal lawsuit filed Thursday in […]
July 17, 2020 A federal judge ruled Friday that the Trump administration must start accepting new applications for the Obama-era Deferred Action for Childhood Arrivals program that shields some undocumented immigrants from deportation. The decision comes four weeks after the U.S. Supreme Court allowed the 2012 initiative to remain in place. The policy, known as […]
July 18, 2020 The trip from the Rio Grande Valley to the Panhandle is too far to make in a helicopter. So earlier this week, when an intubated COVID-19 patient left Harlingen, near the state’s southernmost tip, for Amarillo, its northernmost metro area, hospital officials sent a fixed-wing airplane. The South Texas hospital, inundated with […]
July 17, 2020 Facing growing backlash from teachers, parents and health officials, Texas education officials Friday relaxed a previous order that would have given public schools just three weeks from the start of the fall semester to reopen their classrooms for in-person instruction. School districts will be allowed to delay on-campus instruction for at least […]
July 17, 2020 Texas’ June unemployment rate fell to 8.6% – a drop from the 13% May jobless rate, according to a Friday morning U.S. Bureau of Labor Statistics report. While it’s an improvement from April’s record-high 13.5% unemployment rate, June’s figure shows the devastating financial toll on Texans as the coronavirus pandemic upends the […]