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Wednesday, December 2, 2020
How Recent Political Changes Will Impact Your Bottom Line

Bloomberg Darrell Preston

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Once-celebrated Dallas pension fund runs risk of going broke

The Dallas Police and Fire Pension System, once applauded for a diverse investment portfolio that included Hawaiian villas, Uruguayan timber and undeveloped land in...

Texas dirt bonds make a comeback, with fewer investor protections

Westlake, Texas, carved out a special district to borrow $26.2 million last year for a developer to lay the groundwork for a "European style...

Oil’s collapse hurting states that were counting on $50-a-barrel

When Louisiana, one of the nation's biggest energy-producing states, decided how much tax money the government would have to spend this year, it forecast...

Oil-producing states battered as tax-gushing wells are shut down

In Kern County, California, one of the nation's biggest oil producers, tumbling energy prices have wiped more than $8 billion from its property-tax base,...

Voters approve $10 billion of bonds in top ballot contests

Voters approved more than $10 billion of new municipal bonds for local governments, with returns showing strong support for large debt issues for Dallas...

Texas cancer agency borrows for research after surviving scandal

DALLAS _ The Texas agency set up to find cures for cancer returned to the municipal bond market to raise money for research for...

Today

Fort Worth announces plans to purchase Pier 1 Building for City Hall

Plans for a new City Hall for Fort Worth have been knocked around for years, maybe even decades. On Dec. 2, city officials announced...

Tarrant County reports 6 COVID deaths as Texas surpasses 9,000 hospitalized COVID patients

Tarrant County Public Health on Tuesday, Dec. 1 reported six COVID-19 deaths. The deceased include two men from Fort Worth in their 70s, a...

Sundt Construction promotes four

Sundt Construction Inc. promoted four employee-owners in its Dallas office: Holly Horsak  to senior project manager, Amber Simonson  to project manager II, Maria Luna to...

Fort Worth’s Redistricting Task Force presents draft recommendations

A City Council-appointed, 11-member Redistricting Task Force that will advise on redistricting issues in Fort Worth presented its draft criteria as part of its...