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Business
Exterior shot of Cityplace, the home of Neiman Marcus Group's recently opened corporate Dallas hub. [Photo: Neiman Marcus Group]
DMN: NexPoint To Redevelop Dallas’ Cityplace Tower with Hotel, Apartments by 2025
by David Seeley | Aug 23, 2023
Dallas-based NexPoint plans to convert eight floors of the 42-story Cityplace Tower into rental apartments at a cost of $61.5 million, according to the Dallas Morning News. That will be in addition NexPoint's development of a 222-room hotel and conference center at Cityplace, a $136.2 million project that was announced in 2020 but delayed by the pandemic.
by Dallas Innovates | Staff Report |
Aug 23, 2023
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Advanced Neuromodulation Systems' reducing heat of an implantable medical device during wireless charging, Astrapi's polynomial symbol waveforms, Bank of America's executing a network of chatbots using a combination approach, Fluor's retrofitting natural gas liquids plant for high ethane recovery, Intellective AI's alert directives and focused alert directives in a behavioral recognition system, KPMG's generation of process graphs from multi-media narratives, McAfee's methods and apparatus to detect deepfake content, NTT Data's automated bot testing scenario simulations, SalesBoost's data analytics for generating sales tasks for sales representatives, Salesforce's object detection and image classification based optical character recognition, Skyhigh Security's cloud security system implementing service action categorization, State Farm's autonomous vehicle automatic parking, STMicroelectronics' detecting human presence based on depth sensing and inertial measurement, and Verity Instruments' signal conversion system for optical sensors.
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by Quincy Preston |
Aug 22, 2023
Dating apps can be a great way to find romance. But increasingly, according to the Wall Street Journal, users are finding something else instead: business come-ons from tech recruiters, networkers, children's book authors, and more.
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by David Seeley |
Aug 22, 2023
NWH—a leading global manufacturer and supplier of hardwood lumber—relocated its HQ to Frisco from the wooded climes of Spokane, Washington, in 2021. Helmed by CEO Nathan Jeppson, NWH operates 40-plus facilities nationwide. Its Post Hardwoods acquisition will strengthen its supply chain and enhance its hardwoods offerings, the company said.
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These are just some of the 700,000-plus items sold by McMaster-Carr on its e-commerce site. [Image: McMaster-Carr]
Fort Worth Approves $18M in Incentives for New E-Commerce Regional HQ and Distribution Center
by David Seeley | Aug 22, 2023
Quite literally a "nuts and bolts" company, the 1901-founded McMaster-Carr sells over 700,000 tools, hardware, and industrial items to plants across the U.S. It plans to invest at least $360 million in a newly constructed regional HQ in North Fort Worth, creating 250 new jobs.
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by Dallas Innovates | Staff Report |
Aug 21, 2023
Together with Microsoft, the McKinney company's fraud-fighting prowess, could give merchants an upper hand to counter e-commerce fraud.
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by David Seeley |
Aug 21, 2023
Dating apps can be a great way to find romance. But increasingly, according to the Wall Street Journal, users are finding something else instead: business come-ons from tech recruiters, networkers, children's book authors, and more.
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by Lance Murray |
Aug 21, 2023
“Following a net increase of 26,300 jobs in July, all but 400 of those jobs were in the private sector, illustrating that the Lone Star State continues to be the most attractive state for business,” said the Texas Workforce Commission's Aaron Demerson.
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Jessica Heer [Photo: FWEDP]
Fort Worth Economic Development Partnership Names Jessica Heer as New EVP
by Quincy Preston | Aug 18, 2023
The newly formed Fort Worth Economic Development Partnership was unveiled in an announcement by the Fort Worth Chamber’s executive board in March.
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by David Seeley |
Aug 18, 2023
On 110-degree days like today, what's a high school football team to do? Mesquite ISD has a solution: It's installing Hellas "shade pavilions" at all five of its high schools to let quarterbacks, cheerleaders, marching bands, soccer teams, and more practice in breezy, shaded bliss.
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by Sandra Engelland |
Aug 18, 2023
MassChallenge will assemble human performance and sports tech innovators to redefine the bounds of the human condition in a new six-week, high-intensity program. Target technologies are applications in biotech, defense, healthcare, space, and sports.
Applications for the Dallas-based cohort are open through September 7.
Applications for the Dallas-based cohort are open through September 7.
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by David Seeley |
Aug 18, 2023
Dallas-Fort Worth has been growing northward for generations. But momentum kicked up a notch when two big semiconductor wafer fabrication plant projects were slated for Sherman: a $30 billion plan by Texas Instruments to build four "fab" plants, and GlobiTech's planned $5 billion silicon wafer facility. Together, the projects are expected to bring 4,500 jobs to the area.
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Left to right, top row first: Alex Holmes, Brendan Barrett, Chris Bruzzo, Denelle Dixon, Vahe Dombalagian, Jim Kelly, Francisco Lorca, Bobby Mehta, Mike Nettesheim, and Matt Raino
MoneyGram International Announces New Members of Board of Directors
by Lance Murray | Aug 18, 2023
MoneyGram International Inc., the Dallas-based global financial technology company, announced its new board of directors composed of a diverse mix of global industry leaders with deep experience in the payments, financial services, and technology industries.
The group will help guide the company’s digital innovation strategy, MoneyGram said.
The board announcement comes after its recently completed go-private transaction with funds affiliated with Madison Dearborn Partners, a leading Chicago-based private equity investment firm....
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by Lance Murray |
Aug 18, 2023
S2 Capital, a Dallas-based vertically integrated residential investment manager, has hired Mark Halford as vice president, special situations, where he will work with the firm’s investments team to focus on opportunistic and distressed acquisitions through the firm’s commingled fund vehicles....
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by Lance Murray |
Aug 18, 2023
Integrity Marketing Group has launched the Integrity Foundation to drive what it said is meaningful and sustainable change that improves the health and wellbeing of the people it serves....
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by Quincy Preston and Lance Murray |
Aug 18, 2023
In June, Michael Gorton, the company's founding CEO, transitioned to a strategic advisory role and passed the leadership reins to Phil Fasano. The new CEO was officially appointed by the board in mid-July.
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