This state boasts the most Fortune 500 companies, with $2.6 trillion in total revenue—and it’s not California or New York BY PAOLO CONFINO Energy companies and tech startups are flocking to Texas. OLGA ROLENKO For the second consecutive year, Texas has the most Fortune 500 companies, totaling $2.6 trillion in revenue and $226.5 billion in profit. The Lone Star state’s two biggest corporations—energy company ExxonMobil and pharmaceutical manufacturer McKesson—accounted for roughly 26% of its Fortune 500 revenue and 25% of its profit. That’s unsurprising, considering they’re ranked...

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BY ALEXA URA MAY 18, 2023 Texas took four of the 10 top spots among the nation’s fastest-growing cities, with the Austin metro area overall seeing some of the most significant growth. The latest population estimates showed significant growth in the Austin area overall, with several of its suburbs ranking among the fastest-growing cities in the country. Credit: Miguel Gutierrez Jr./The Texas Tribune Texas is now home to four of the nation’s largest cities, with Austin finally joining Houston, San Antonio and Dallas on the list...

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DFW Airport, TX, May 16, 2023 Announcement includes plans for Terminal F, renovation of Terminal C and other major capital investments Terminal F Dallas Fort Worth International Airport (DFW) and American Airlines today signed a new 10-year Use and Lease Agreement, which includes $4.8 billion in pre-approved capital investments – including the construction of Terminal F, the renovation of Terminal C and other significant modernization projects. Dallas Mayor Eric L. Johnson, Fort Worth Mayor Mattie Parker, DFW CEO Sean Donohue and American Airlines CEO Robert Isom...

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Best Sports Business Cities How Sports Business Journal ranked the best cities in which to conduct sports business, and why Dallas is so popular BY DAVID BROUGHTON AND DERICK MOSS3.20.2023 The Dallas metro area has been a magnet for new residents and businesses as well as sports events, sponsors and organizations.GETTY IMAGES Sports Business Journal ranked the top 50 cities in the U.S. for the best opportunity and environment to conduct sports business. Feedback from industry insiders about stability, market size, fandom, impact and culture also...

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The 200-acre project centered on the former headquarters of Electronic Data Systems could eventually offer over 4 million square feet of lab, office, and therapeutic production space—and "establish North Texas as a leader in life sciences," according to NexPoint Founder James Dondero. TxS District Rendering: West Plaza & Park. BY LANCE MURRAY • FEB 7, 2023 Plans and renderings have been revealed for the TxS District, a proposed 200-acre life sciences development in Plano that could eventually create over 4 million square feet of...

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Texas tops a list of the best states to launch a startup. Here's why. By Davie Nguyen  –  Data Reporter, Dallas Business Journal Jan 30, 2023 The Lone Star State leads the nation as the best place to launch a startup, according to a report from Lensa. For this study, Lensa, which a job search engine that helps provide opportunities and careers for job seekers, took into the following nine factors to rank all 50 U.S. states: new business applications, business survival rate, rate of new...

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  AUSTIN ⎯ Texas ranks first in the nation in over-the-year jobs added, with 650,100 positions gained in 2022. According to U.S. Bureau of Labor Statistics data, the state not only had the largest absolute increase in jobs added, but also attained the highest percent of seasonally adjusted total nonfarm jobs added over the year at 5.0 percent. In comparison, United States’ job growth expanded by 3.0 percent. “Texas continues to demonstrate it is an economic powerhouse with a world-class workforce...

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  DALLAS (WBAP/KLIF) – Mayor Eric Johnson announced Monday that former United States Ambassador Ron Kirk will join the Mayor’s International Advisory Council. Kirk served as the U.S. Trade Representative from 2009-2013 and previously served as the mayor of Dallas from 1995-2002. As part of the MIAC, he joins six other former distinguished Dallas residents who have held the rank of U.S. Ambassador: Richard Fisher, Kathryn Hall, Robert Jordan, James C. Oberwetter, Mark Langdale and the MIAC’s chair, Jeanne L. Phillips. Mayor...

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  Truscott, Texas, USA, October 25th, 2022 – Taaleri Energia, AIP Management (“AIP”), and Akuo, celebrated the inauguration of the 336 MW Escalade wind farm located in Truscott Texas. The inauguration, included a ribbon cutting at the first Vestas V162 wind turbine to be installed in North America. The inauguration and ribbon cutting was attended by Taaleri Energia, AIP, Akuo, Vestas, Mortenson as well as key representatives of the community. The inauguration of the Escalade wind farm marks a successful milestone...

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An article By Bill Hethcock  –  Senior Reporter, Dallas Business Journal Apr 3, 2022, 12:39pm EDT Texas, DFW, continue to outmuscle other states and metros in GDP - Dallas Business Journal (bizjournals.com) Texas and the Dallas-Fort Worth area’s economic engine continue to dominate, with the state ranking No.1 in the nation in gross domestic product growth. Within Texas, Dallas County and Tarrant County rank second and third, respectively, behind Harris County in GDP growth. GDP is a measure of the size and strength of an economy. Texas, the...

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