Lone Star State has 'traded its cowboy hat for a fighter jet helmet,' expert says. Texas has surpassed Virginia in defense spending, new estimates from the U.S. Department of Defense show, and Dallas-Fort Worth is a big reason why. The Bell V-280 is being produced by Bell Textron, one of many major defense sector giants operating in the Dallas-Fort Worth area. Jake Dean   By Seth Bodine – Staff Writer, Dallas Business Journal Sep 25, 2024 Texas captured an estimated $68.4 billion in total defense spending and...

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Site Selection magazine released its rankings Friday, joining a chorus of praise for Texas’ business climate.   Dallas, Texas, USA downtown city skyline. (Amir Bakian - Contributor / SeanPavonePhoto - stock.adobe.co)   By Sasha Richie Breaking business reporter, Nov. 1, 2024   Texas has the best business climate in the country, according to Site Selection magazine, which covers corporate real estate strategy and economic development. Texas came in first in the publication’s annual ranking of state business climates. Criteria for the rankings include a survey of corporate real...

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Dallas-Fort Worth is expected to be the nation’s hottest real estate market for investment and development next year. The annual forecast from PriceWaterhouseCoopers and the Urban Land Institute dubbed D-FW as the best place to buy, build and finance property in the year ahead.   The Dallas skyline is seen through a haze of dust, on Tuesday, Sept. 17, 2024, in Dallas. © Shafkat Anowar/The Dallas Morning News/TNS   Story by Nick Wooten, The Dallas Morning News Oct 31, 2024 The report, Emerging Trends in Real Estate,...

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The work on the Texas rail corridor continues to advance slowly, despite pushback.   The high-speed train planned between Houston and Dallas is "speeding ahead" with news of a $64 million grant to connect the two Texas cities. den-belitsky/Getty Images/iStockphoto   By Janet Miranda, Trending News Reporter Sep 3, 2024 The much anticipated Texas high-speed rail corridor that promises to connect two major cities continues to advance slowly. The project has now received $63.9 million from the Federal Railroad Administration to establish a route from Dallas...

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Governor Greg Abbott celebrated Texas's growing jobs at a faster rate than the nation over the last 12 months following the release of July employment data. Texas also again set new records for the number of Texans working and the size of the Texas labor force.   August 16, 2024 | Austin, Texas | Press Release Governor Greg Abbott today celebrated Texas growing jobs at a faster rate than the nation over the last 12 months following the release of July employment data....

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The new Google site in Red Oak adds to a growing data center boom in North Texas. Expected to play a critical role in supporting the company's AI innovations and growing Google Cloud business, the center will bring nearly 1,200 construction jobs and 30 new full-time operational jobs to the region. Left to right: Dr. Justin Lonon, Chancellor Dallas College; John Cornyn, US Senator from Texas; Jake Ellzey, Congressman TX-06; Cris Turner, VP, Government Affairs & Public Policy, Knowledge &...

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Goldman Sacks, JPMorgan and others are lured to the state by lower taxes and housing costs and a friendlier vibe. The site of the Goldman Sachs campus in Dallas last fall. Shelby Tauber/Bloomberg News Story by Elizabeth Findell   DALLAS—Ross Perot Jr. gestured out the window as his helicopter circled a 4.5-acre pit alongside the skyline of downtown Dallas. Texas and U.S. flags hung from a crane within it. The site is where Perot’s real-estate investment company, Hillwood, is partnering to build a $500...

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A new way to award incentives in Dallas has spurred a headquarters move and additional economic activity in the city. Author: Dallas Business Journal, Plamedie Ifasso Koya Medical Inc., a medical device company, is in the process of relocating its HQ to Dallas from Oakland, California — thanks in part to incentives awarded through "administrative action." Aside from this, proponents also want to tokenize the stocks (and possibly bonds) to be sold in this new Texas-based market. This means that the trades will...

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In early June 2024, news organizations reported that private equity giant BlackRock and other investors like Citadel planned to launch a new stock market in Texas called the TXSE to challenge the NYSE and NASDAQ in New York City.   By Zain Jaffer Forbes Councils Member Zain Jaffer is the founder and president of Zain Ventures, a family office that invests in real estate and proptech. According to a CNN report, “Intensified reporting requirements, higher litigation expenses, costly regulations, overbearing board governance, shareholder activism,...

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AUSTIN, Texas (AP) — Meta has agreed to a $1.4 billion settlement with Texas in a privacy lawsuit over allegations that the tech giant used biometric data of users without their permission, officials said Tuesday. FILE - Meta’s logo is seen on a sign at the company’s headquarters in Menlo Park, Calif., Nov. 9, 2022. Meta has agreed to a $1.4 billion settlement with Texas in a privacy lawsuit over claims that the tech giant used biometric data of users...

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