June 4, 2020 The North Texas Innovation Alliance launched May 26 to bring together cities and regional organizations to collaborate and support a smart region strategy in North Texas. The nonprofit aims to combine resources across North Texas cities to create innovative solutions to a host of problems. Initially, it will focus on transportation, emergencies […]
June 4, 2020 The coronavirus pandemic has pushed unemployment to its highest level since the Great Depression, but the pace of layoffs has been easing. And there are now some signs that the job market could slowly start to recover. The Labor Department says another 1.87 million people filed claims for unemployment insurance last week. […]
June 4, 2020 Now that the Federal Reserve has released more details on the Main Street Lending Program, banks and businesses alike are examining whether or not to participate in the program. Which banks decide to participate in the Federal Reserve Board’s loan program depends on a variety of factors, Texas Bankers Association General Counsel […]
June 3, 2020 Phase 3 of Texas’ reopening plan is upon us, Gov. Greg Abbott announced June 3. The latest announcement allows all businesses operating with a 25 percent capacity limit, including bars, to immediately expand occupancy to 50 percent as long as patrons are seated. Amusement parks and carnivals will also be permitted to […]
June 3, 2020 University of Texas at Dallas students Jeannie Nghiem and Ramzi Taim have created a nonprofit called COOKED-19 that benefits local restaurants and healthcare workers impacted by COVID-19. The nonprofit purchases meals from local restaurants and then delivers the food to area hospital workers. COOKED-19 delivered their first meals in mid-April to Texas […]
June 2, 2020 Texans who exhaust their unemployment benefits will receive another 13-week extension, the state’s unemployment agency announced Tuesday. The Texas Workforce Commission said the state had triggered its extended benefits program with the federal government, which will kick in the week ending July 4. The program provides federal reimbursement for 13 weeks of […]
June 2, 2020 After nearly two months of support from the Texas National Guard, the North Texas Food Bank is now having to turn to its staff to prepare meal kits for the hungry during the coronavirus pandemic. Gov. Greg Abbott redeployed Guardsmen on Saturday as protests over repeated instances of police brutality have swept […]
June 2, 2020 Dallas City Manager T.C. Broadnax on Tuesday added more zones where police will impose the city’s curfew in response to ongoing protests over the deaths of black people in the hands of police. The curfew has been extended starting 7 p.m. Tuesday to West Village and Trinity Groves neighborhoods along with downtown […]
June 2, 2020 The DEC Network, in collaboration with the private business community, LiftFund, and Communities Foundation of Texas, has launched the Revive Dallas Small Business Fund to address the urgent and long-term recovery of Dallas small businesses and entrepreneurs during the coronavirus pandemic. Committed monetary aid has already surpassed $1 million from donors like […]
June 2, 2020 The Small Business Administration’s Dallas-Fort Worth District director, Herbert Austin, expected the second round of the Paycheck Protection loan money to run out in a matter of days. Yet weeks later, the PPP still has millions of dollars of loan money left for small businesses to apply for. “I had no idea […]