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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

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Fort Worth minority business receives nationwide grant

Cuevas Distribution Inc., a minority- and woman-owned business in Fort Worth, is one of 20 small businesses nationwide to receive a $150,000 grant from Chase as part of the Mission Main Street program.

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Charles Schwab to move 1,000 jobs potentially to Texas, other states

SAN FRANCISCO (AP) — Charles Schwab Corp. said Thursday it is planning to move about 1,000 jobs out of San Francisco over the next three to five years.

The San Francisco-based banking and brokerage company has more than 13,000 employees, including about 2,700 in the Bay Area.

It is moving the jobs out of San Francisco because of the high cost of doing business and the high cost of living in the Bay Area, spokeswoman Sarah Bulgatz said. But, she added, "We intend to keep our corporate headquarters in San Francisco for the foreseeable future."

According to market data from Paragon Real Estate Group, a San Francisco-based real estate company, the median home sales price in the city in August was $870,000, and the average rent for a two-bedroom apartment in San Francisco, Marin and San Mateo counties was $2,697 a month.

Bulgatz said the company also has had difficulty recruiting in the Bay Area because of the intense competition for top talent.

She said no final decision has been made about which jobs will be moved or where they will go, though locations in Arizona, Colorado, Florida, Indiana and Texas are possibilities.

 

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