The study by Simplify LLC analyzed data from the Census Bureau, BEA, and Federation of Tax Administrators to arrive at its rankings. The rankings were based on corporate tax rate, inflation, migration of educated workers, new business formations, job creation, and consumer spending. See who else made the top 10—and who came in last. Illustration: jemastock/iStock BY LANCE MURRAY • FEB 20, 2024 Texas tops the rankings in Simplify LLC’s study on the Best States for Entrepreneurs in 2024. The study was based on the...

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Dallas' ascendance as financial hub reshapes money management industry DFW trails only NYC for finance jobs; Competition heats way up In recent years, Dallas-Forth Worth has grown to become the second-largest hub for financial workers in the country. Credit: DBJ illustration via Getty Images Author: Holden Wilen (Dallas Business Journal) Scott Wood still vividly remembers the culture shock he experienced when he moved to New York in 1989 to begin his financial career after graduating from Baylor University. He smiles as he reminisces about an...

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The Financial Times ranked Plano, Irving, and Dallas in the top five of its list of best cities for foreign business. Fort Worth and Arlington made the top 20 in the comprehensive evaluation of cities across the U.S., based on everything from workforce and talent to openness, investment trends, and more. Illustration: kaedeezign/iStock BY LANCE MURRAY • FEB 6, 2024 Financial Times has recognized five North Texas cities on its list of the best cities for foreign business, The North Texas Commission and the World...

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How Dallas Mavericks superstar Luka Doncic became Slovenia’s ‘biggest brand’ Doncic, 24, has done as much for his nation’s economy as he’s done for the Mavs. Dallas Mavericks guard Luka Doncic poses for a photo with Slovenian fans after an NBA game, Monday, Jan. 22, 2024, in Dallas. The Mavericks hosted a Slovenian themed night Monday.(Elías Valverde II / Staff Photographer) By Kevin Sherrington 6:48 PM on Jan 23, 2024 On “I Feel Slovenia” night at American Airlines Center, up in a corner suite, one...

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As a catalyst for regional cooperation, the NTC develops marketing materials that highlight the business climate, quality of life and overall economic vitality of the North Texas region. Courtesy of The North Texas Commission

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  Another Federal Nod: Dallas-Based Texoma Semiconductor ‘Fablet’ Tech Hub To Be Led by SMU BY QUINCY PRESTON AND LANCE MURRAY • OCT 23, 2023 Dallas is marking its territory on the national innovation map with its second major federal hub win in as many months. The Biden Administration unveiled 31 U.S. Tech Hubs in the U.S., including the SMU-led Texoma Semiconductor Hub. Each regional ecosystem focuses on a critical technology, such as autonomous systems, quantum computing, biotechnology, precision medicine, clean energy, and more. Here’s what...

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Dallas lands coveted U.S. biotech research hub after months of campaigning One of three ARPA-H headquarters, the hub at Pegasus Park will focus on patient access and diversity for the agency’s projects. Pegasus Park Tower, Wednesday, Sept. 20, 2023 in Dallas.(Chitose Suzuki / Staff Photographer) By Marin Wolf 12:00 PM on Sep 26, 2023 Dallas will serve as one of three U.S. hubs for a $2.5 billion federal biotech research agency after months of targeted campaigning by Texas cities, universities and science advocates, cementing North Texas’ place...

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Texas Named Best Business Climate By Nation’s Corporate Executives September 18, 2023 | Austin, Texas | Press Release Governor Greg Abbott today celebrated Texas being named the nation's best business climate in a triennial survey conducted by Development Counsellors International (DCI) and announced at the International Economic Development Council Annual Conference in Dallas. "Texas is No. 1 again, thanks to hardworking Texans and endless possibilities for success across our great state," said Governor Abbott. "Corporate executives and business leaders across the nation continue to choose Texas...

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Thermomix, a maker of Wi-Fi-connected kitchen appliances, plans to move its corporate headquarters from California to Dallas, the company announced Friday. Thermomix, now based in Thousand Oaks, Calif., makes and sells cooking appliances worldwide for smart kitchens. Its U.S. sales totaled more than $30 million last year. The company announced the move Friday during a meeting with its top sales representatives in Austin, according to a news release. “We are excited to root ourselves in the rich tapestry of Texas, fuel our long-term...

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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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