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Texas unemployment recipients will have to prove job searches again beginning July

Texas unemployment recipients will have to prove job searches again beginning July

1:14 PM on Jun 16, 2020 CDTAUSTIN — The Texas Workforce Commission will bring back its work search requirement for unemployment recipients beginning next month.The commission decided at its Tuesday meeting to bring back the requirement beginning July 6. The first time that recipients would have to prove they’ve been looking for work would be two weeks later while requesting their benefits payment.The state had previously work search requirements because many businesses were closed due to the COVID-19 lockdowns.“As Texas begins to recover and Gov. Greg Abbott works to reopen the Texas...

June 17, 2020
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Bush Presidential Center, Boy Scouts, Texas Tech, UT Austin hit in Blackbaud ransomware attack

Bush Presidential Center, Boy Scouts, Texas Tech, UT Austin hit in Blackbaud ransomware attack

1:17 PM on Aug 3, 2020 CDT — Updated at 11:00 AM on Aug 6, 2020 CDTUpdated Aug. 10 to include the Communities Foundation of Texas among the nonprofits involved in the computer hack. inclusion in the impact of the attack.The George W. Bush Presidential Center, Boy Scouts of America, the Communities Foundation of Texas the Texas Tech Foundation and the University of Texas at Austin have notified donors that they are a part of a growing list of nonprofits and universities affected by a ransomware attack.South Carolina-based Blackbaud, one of the world’s largest cloud-based data storage and...

August 3, 2020
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Nasdaq Inc. in talks with Texas Gov. Abbott about relocating trading systems to D-FW, sources say

Nasdaq Inc. in talks with Texas Gov. Abbott about relocating trading systems to D-FW, sources say

8:14 PM on Oct 6, 2020 CDT — Updated at 4:30 PM on Oct 7, 2020 CDTUpdated Wednesday with comment from the New York Stock Exchange.Nasdaq Inc. is in talks with Texas Gov. Greg Abbott about potentially relocating the exchange’s electronic trading systems from New Jersey to Dallas-Fort Worth, according to two sources familiar with the discussions.Other trading exchanges also could be involved in the discussions, both sources said.A spokesperson for the New York Stock Exchange said in a statement that the exchange has "heard from several states eager to be the next home to our data center...

October 7, 2020
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Robinhood is opening an office in Southlake and hiring more than 100 employees

Robinhood is opening an office in Southlake and hiring more than 100 employees

10:26 AM on Aug 11, 2020 CDT — Updated at 11:10 AM on Aug 11, 2020 CDTStock trading startup Robinhood will open a new office in Southlake and hire more than 100 employees by the end of the year, the company announced Tuesday.It plans to hire registered financial representatives and customer support staff to work at the Dallas-Fort Worth location. Robinhood also will set up a similar office in Tempe, Ariz.“With our customers’ interests and needs front and center, we will continue reducing response times, building more self-service tools, and enhancing the information and education we provide...

August 11, 2020
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North Texas could see ‘tidal wave’ of evictions as moratoriums start to run out

North Texas could see ‘tidal wave’ of evictions as moratoriums start to run out

6:27 PM on Jul 23, 2020 CDTUnemployed and underemployed Dallas-Fort Worth residents aren’t just coping with a public health and economic crisis but also could soon face a “tidal wave” of evictions with little recourse, according to legal experts across Texas who are sounding an alarm.“We’re about to fall off a cliff here,” said Mark Melton, a lawyer at in Dallas.Roughly 40% of North Texans pay monthly rent to a landlord or property management company in order to keep a roof over their heads — a routine process that’s grown increasingly difficult for people caught up in the pandemic’s...

July 24, 2020
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Iconic Gold’s Gym to be acquired by German fitness group for $100 million

Iconic Gold’s Gym to be acquired by German fitness group for $100 million

9:23 AM on Jul 14, 2020 CDT — Updated at 2:20 PM on Jul 14, 2020 CDTDallas-based Gold’s Gym is set to be acquired by the German fitness company RSG Group for an estimated $100 million.Amid the economic pressure of pandemic lockdowns, the fitness chain May 4 in order to restructure its debt and close locations. Gold’s closed 32 clubs as part of the bankruptcy, including three in the Dallas area.The gym chain will emerge from bankruptcy with 61 company-owned gyms and more than 600 franchise locations, according to RSG Group. The sale is subject to U.S. Bankruptcy Court approval on July...

July 14, 2020
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Mark Cuban: It’s too soon to reopen Texas businesses amid coronavirus

Mark Cuban: It’s too soon to reopen Texas businesses amid coronavirus

11:17 AM on Apr 22, 2020 CDTDallas billionaire Mavericks owner Mark Cuban says he thinks it’s too soon for Gov. Greg Abbott to begin reopening Texas businesses.Cuban admitted all business owners, himself included, want to reopen, but he’s not convinced consumers are ready to return.“The reality is the state and the federal government need to put together protocols that define what’s necessary to protect not only the customers coming in, but the employees as well," Cuban Fox News host Laura Ingraham Tuesday.Cuban listed examples of protocols that state and federal leaders have yet to...

April 22, 2020
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Dallas gives city attorneys go-ahead to sue Netflix, Hulu, other streaming services over franchise fees

Dallas gives city attorneys go-ahead to sue Netflix, Hulu, other streaming services over franchise fees

12:30 PM on Feb 24, 2021 CSTThe Dallas City Council is giving the city attorney’s office the go-ahead to pursue a lawsuit against streaming services to collect franchise fees from their operators.The city wants to recover financial damages from Netflix, Hulu, Disney and “other video service providers” for their alleged failure to pay a franchise tax amounting to 5% of gross revenues under . AT&T, which owns the HBO Max streaming service, already pays franchise fees to Dallas, according to a spokesperson for the city.The city said Netflix, Hulu and Disney+ have all failed to apply for a...

February 25, 2021
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New tech group backed by Dallas billionaire Steve Winn emerges to deliver the venue of the future

New tech group backed by Dallas billionaire Steve Winn emerges to deliver the venue of the future

6:01 AM on Jan 26, 2021 CSTWhen a world battered by COVID-19 is ready to venture back to entertainment venues, private equity-backed Dallas company wants them to visit its towering, high-tech domes.While movie theaters and experiential retail venues scrambled to survive a pandemic-induced decline in demand during 2020, private equity group Mirasol Capital was quietly taking one of the most prominent companies in high-tech theatrical technology private and plotting for the future.The result is Cosm, an experiential technology company led by Jeb Terry, a former NFL lineman for the San...

January 26, 2021
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FCC awards $362 million to Texas companies to expand internet access in rural areas

FCC awards $362 million to Texas companies to expand internet access in rural areas

3:12 PM on Dec 8, 2020 CSTBroadband internet companies operating in Texas are expected to receive over $362 million to expand their networks to include more underserved, rural areas of the state, according to data released this week.The money — which comes from the Federal Communications Commission’s taxpayer-funded Rural Digital Opportunity Fund — was allocated through an auction process to 22 different companies with plans to bolster internet service in Texas and close the so-called digital divide.Charter Communications’ holding company received the most money at $186.8 million, followed...

December 8, 2020
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