March 26, 2020

Governor Greg Abbott today announced his request for access to interest-free federal loans (known as Title XII funds) to pay unemployment claims and the accelerated release of funds from the Texas account of the federal Unemployment Trust Fund. Title XII is a federal process that allows states to receives advances (loans) from the federal government […]

Vistra Energy (NYSE: VST) announced today that it is donating $2 million to non-profits and social service agencies, providing direct relief for people with critical needs resulting from the COVID-19 pandemic in the communities it serves. The company recognizes the financial hardship inflicted on millions of Americans in the span of mere weeks. Aside from […]

Women-owned small businesses in Texas suffering financial losses associated with the coronavirus pandemic were thrown a lifeline today after the Center for Women Entrepreneurs at Texas Woman’s University announced a million-dollar grant program to help get them back on their feet.

Despite three weeks of assurances, most Americans who have symptoms of Covid-19 still can’t get tested for SARS-CoV-2, the coronavirus that causes the disease. Last Friday, Sen. Brian Schatz (D-Hawaii) tweeted succinctly, “Hey where are the tests.” The hardest-hit states are rationing tests to health workers and those who have Covid-19 symptoms. The Trump administration, […]

Same-day delivery company Shipt is stepping up in North Texas amid the COVID-19 outbreak with a hefty hiring push. The business plans to bring on about 2,000 “shoppers” in Dallas, in an apparent reference to the overall metro area, according to a statement. It’s the biggest effort in Texas with Houston, San Antonio and Austin […]

American Airlines Group Inc. announced Wednesday that it has plans to operate seven repatriation flights from Latin America to the U.S. amid travel restrictions related to the COVID-19 pandemic. The seven special flights are from São Paulo and three cities in Honduras to Dallas-Fort Worth International Airport and part of an effort to “bring customers […]

The price of West Texas Intermediate (WTI) crude oil has plunged more than 50 percent since the start of the year as the coronavirus (COVID-19) pandemic has taken hold and a dispute between energy giants Saudi Arabia and Russia threatens to flood the market with crude oil. Reflecting these developments, results of the just-released Dallas […]

As businesses across the Dallas Region and the nation begin to grapple with the impact of COVID-19, PwC has launched a free customized digital assessment to arm business leaders with a COVID-19 response readiness report. The PwC COVID-19 Navigator is a free online, interactive tool aimed at helping a company’s leadership team understand facts about […]

Facing one of the worst economic downturns in American history, one that is unsparing in its trauma, the Senate late Wednesday unanimously approved a $2 trillion emergency relief bill that attempts to arrest the financial havoc caused by the coronavirus pandemic. Lawmakers acted with unusual speed and cooperation to produce the largest economic rescue package […]

 The Texas Workforce Commission is hiring 100 temporary workers to handle a crush of calls from 800,000 Texans trying to claim unemployment benefits. The enormity of the coronavirus pandemic’s impact came out Wednesday in a Facebook Live event hosted by the agency’s executive director Ed Serna. The call volume is swamping TWC’s phone lines […]