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Business
Former Dallas Fed President and CEO Robert Kaplan [File Photo; DI Composite]
Former Dallas Fed CEO Robert Kaplan: U.S. Workforce Growth Is Decelerating, But Texas and Collin County Are ‘Bucking That Trend’
by David Seeley | Dec 8, 2022
Kaplan was the keynote speaker at last week's 11th annual luncheon of the Collin County Business Alliance. Here's a look at how he views the U.S. economy, and why he believes education and workforce skills training are the biggest keys to a "successful city" going forward.
Government spending, printing money, and keeping interest rates near zero was like "driving your car at 120 miles an hour," Kaplan said. "And right now, we're in the process of slamming on the brakes."
by David Seeley |
Dec 8, 2022
Addressing an audience of around 800 at the American Airlines Center, Solomon talked about the $500 million-plus, 900,000-square-foot employment center his firm is building north of downtown Dallas—part of a planned 11-acre project from Dallas' Hunt Realty. And more importantly, he spoke about the North Texans he hopes to attract to it.
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by Lance Murray |
Dec 7, 2022
Dr. Madhukar Trivedi is founding director of UT Southwestern Medical Center's Center for Depression Research and Clinical Care.
The real estate firm said it reached 70% of its $1 million goal in its third year of fundraising. The real estate and development firm raised more than $260,000 at its third annual fundraising gala, Art of the Mind, benefitting UT Southwestern Medical Center's Center for Depression Research and Clinical Care.
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by Lance Murray |
Dec 7, 2022
In the newly created role, Harsh Agarwal will deliver family office solutions to ultra-high-net-worth families in partnership with private bank-private client advisors and client teams.
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Bell V-280 Valors in flight. [Photo: Bell]
Fort Worth’s Bell Will Replace the Army’s Famed Black Hawk in Contract Win Worth Billions
by David Seeley | Dec 7, 2022
The Army's biggest helicopter competition in 40 years has a winner in Fort Worth. Bell Textron's V-280 Valor is slated to replace around 2,000 Black Hawk helicopters by 2030—with a tiltrotor design that lets it take off like a chopper and fly like a plane.
Designed for long-range assault missions, the Valor's initial contract is worth up to $1.3 billion. But the program could ultimately be worth $70 billion across the life of the fleet, including foreign military sales, Defense News reports.
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by Quincy Preston |
Dec 7, 2022
A new plant, an expansion to its current 76-acre site, would produce wafers for semiconductor chips and create 700 jobs.
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by Lance Murray |
Dec 6, 2022
Alan Rusinowitz has been named president and chief operating officer of Ameriflight, the “nation’s largest Part 135 Cargo airline.”
The airline flies about 30 tons of cargo daily, and says it’s a critical part of the UPS, FedEx, and DHL supply chains, according to its website....
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by Lance Murray |
Dec 6, 2022
Fort Worth-based Ag Resource Management, one of the nation’s top providers of agricultural lending and crop insurance, announced that Rip Mason has been appointed chief executive officer, effective immediately....
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UNT's Ram Dantu and Mark Thompson [Photos: UNT]
Why Are There 750,000 Unfilled Job Openings in Cybersecurity? UNT Researchers Are Getting Up to $750K to Find Out
by Quincy Preston | Dec 6, 2022
The grant award supports a new online platform to find out why cyber jobs are going unfilled—and make it easy for employers to find talent through an online database. UNT's Ram Dantu and Mark Thompson are principal investigators on the project. Dantu says foreign governments are "spying on us all the time,” and threats like ransomware attacks and cyber attacks abound.
"We need a large workforce to combat this, and we don’t have the workforce,” Dantu says.
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by Lance Murray |
Dec 6, 2022
Energy and utility services innovator ELM is constructing a new, 125,000-square-foot headquarters and manufacturing facility in The Colony for its MicroGrid and Solar divisions.
When fully operational, Illinois-based ELM said the facility will employ more than 100 clean-energy professionals, including engineering, production technicians, customer service, sales, and management employees.
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by Lance Murray |
Dec 6, 2022
With the partnership, Dallas-based Evolon Technology will unite the long-distance object detection of its analytics with ZeroEyes' proprietary AI gun detection technology. The result: The ability to detect and track someone with a firearm more than a football field away.
"Current events point to the need for a partnership like ours," Evolon President and CEO Kevin Stadler says.
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by Dallas Innovates | Staff Report |
Dec 6, 2022
Something's buzzing atop the Blue Cross Blue Shield of Texas headquarters in Richardson—and it's offering a sustainable touch to the surrounding community. Earlier in the fall, BCBSTX installed two bee hives on the north side of its HQ building as part of the company's sustainability efforts. The hives are home to nearly 100,000 Italian honeybees.
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U.S. Patent No. 11,492,024 (Long rail transport train) was assigned to BNSF Logistics, LLC.
Dallas Invents: 157 Patents Granted for Week of November 8
by Quincy Preston | Dec 5, 2022
Dallas-Fort Worth ranked No. 8 for patents out of 250 metros. Patents granted include: Alcon's intraocular lens insertion device, Balanced Media Technology's task completion using a blockchain network, BioBrand's target online advertising using biometric information, BNSF Logistics' long rail transport train, Brius Technologies' orthodontic treatment and associated devices, Design Science Technology's safe transport and storage of energy storage devices, Entrust's identity management for software components using one-time use credential and dynamically created identity credential, Northrop Grumman Systems' spacecraft servicing pods , Omnitracs' locating wireless devices, Price Setter's transaction arbiter system, Redmon Jeang's mobile legal counsel system, and Toyota's artificial muscles.
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by David Seeley |
Dec 5, 2022
Dine Brands Global—the parent company of IHOP and Applebee's Grill + Bar—acquired the fast casual Fuzzy's Taco Shop chain, which serves Baja-style Mexican cuisine in "a fun, energetic atmosphere." Since the first Fuzzy's was founded in 2003 near TCU, the chain has grown to 138 locations in 18 states.
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by Lance Murray |
Dec 5, 2022
Terrell-based 1836 Farms creamery is offering fresh, healthy products bottled in custom Texas designed glass, reusable bottles, the company said. The glass milk bottles can be returned to the point of purchase for deposit refund or applied to new purchases.
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by Lance Murray |
Dec 5, 2022
Life Time McKinney at Craig Ranch encompasses more than 100,000 square feet with 12 lighted outdoor pickleball courts, 50-meter outdoor pool, studio boutiques, training floor, restaurant, spa and more. It's the Minnesota-based company's eleventh location in DFW and its 29th in Texas.
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