Money

Restaurant owners continue serving customers, community

Restaurant owners continue serving customers, community

VICTORIA, Texas - Local restaurant owners Binh Pham and Erica Briggs are working harder than ever to keep their doors open and make sure they pay their employees during…

Confirmed COVID-19 case exposure locations identified in Victoria County

Confirmed COVID-19 case exposure locations identified in Victoria County

VICTORIA, TX - ​​Victoria County is reporting the first 3 cases of COVID-19. These individuals are experiencing mild symptoms and are isolating at home at this time.  The Victoria County Public Health Department is identifying any close contacts of the…

Financial security amid COVID-19 pandemic

VICTORIA, Texas- Without a doubt, the Coronavirus pandemic has affected our daily lives and how we spend money as many face an uncertain future. Consumers cautions are reflected heavily on our…

Small businesses encouraged to contact UHV Small Business Development Center

UHVSBDC is encouraging small business affected by COVID-19 to contact them for guidance in navigating loans

VICTORIA, Texas - During March 22nd's Victoria City/County Press Briefing, Director of the University of Houston-Victoria Small Business Development Center, Lindsey Young, detailed how small business owners can find help navigating their small business loan applications during the COVID-19 crisis.…

Tax Day extended to July 15th

Extra three months to file taxes

VICTORIA, Texas- Treasury Secretary Steven Mnuchin announced Friday morning the tax day deadline is now extended to July 15th; that gives you an additional three months to file your taxes. The Coronavirus pandemic…

Stylist remains open for regulars amid COVID-19 crisis

Stylist remains open for regulars amid COVID-19 crisis

VICTORIA, Texas - Governor Greg Abbott signed an executive order Thursday to close all restaurants, bars, food courts and gyms through April 3rd, effective 11:59 p.m. Friday.…

Digital Fight Club match at Dallas Startup Week

Lively debates bring spice to entrepreneurial event

DALLAS, Texas- The Dallas Entrepreneur Center (The DEC Network) will host the sixth annual Dallas Startup Week (DSW) powered by Capital One from April 26-May 1, 2020. Digital Fight Club has partnered with Dallas Startup Week to host an evening…

Entries now open for H-E-B Primo Picks Quest of Texas Best

Now accepting non-food entries

Now in it's seventh year, H-E-B Primo Picks Quest for Texas Best has expanded its search for the finest food and beverages in the Lone Star State to now include non-food items. In addition to food creators, and innovators, Texas-based…

Jeff Bezos commits $10 billion to fight climate change

NEW YORK (AP) - Amazon founder Jeff Bezos says he plans to spend $10 billion of his own fortune to help fight climate change. Bezos, the world’s richest man, said in an Instagram post Monday that he'll start giving grants…

Pier 1 files for bankruptcy protection amid online challenge

Home goods retailer Pier 1 Imports Inc. is filing for bankruptcy protection. The Fort Worth, Texas-based company, which was founded in 1962, has recently struggled with increased competition from online retailers such as Wayfair. Pier 1 said Monday it will…

Cuero welcomes new director of development corporation

Cuero welcomes new director of development corporation

CUERO, Texas - Bay City native Bobby Seiferman is the new Executive Director for the Cuero Development Corporation. Seiferman introduced himself to the members of the business organization…

Millennial Money: You’re an online fraud target — fight back

Millennials report falling victim to internet fraud at greater rates than other generations. And they’re much more likely to report certain types of fraud, including online shopping scams, business imposter scams and debt relief scams. But consumers of any age…

Fiscal crunch won't be immediate, budget scorekeeper says

The threat of rising federal deficits has a silver lining: low interest rates. Those low rates, which make Treasury debt less costly, mean Congress has more time to address the nation's fiscal challenges, the head of the Congressional Budget Office told lawmakers Wednesday. "When interest rates are low, as they are today, the cost of not acting is pretty modest," CBO Director Phillip Swagel ...

Fed leaves main rate unchanged, saying policy is appropriate

WASHINGTON - The Federal Reserve kept its key interest rate unchanged, as expected, on Wednesday and continued to signal policy would stay on hold for the time being as the U.S. enters a presidential election year. The target range of the federal funds rate of 1.5% to 1.75% is "appropriate to support sustained expansion of economic activity," the Federal Open Market Committee said, repeating ...

Sears' estate and new owner settle dispute over bankruptcy sale for $18 million

The estate of bankrupt Sears Holdings has agreed to settle a lawsuit over the $5.2 billion sale of its Sears and Kmart chains to former chairman and CEO Edward Lampert for about $18.3 million. Lampert and his hedge fund formed a new company, Transform Holdco, to buy most of Sears' remaining assets, including 425 stores, last year. Disputes between Sears and Transform over certain terms of the ...

One-hit wonder? Tax-cut bonus bump is long gone and wage growth has slowed, too

Remember the tax-cut bonuses? Two years ago, after President Donald Trump and the Republican Congress approved a new tax law, hundreds of companies said they would share the bounty with workers. AT&T, American Airlines, Comerica and Southwest Airlines were among the companies doling out $1,000 bonuses. Other major employers, including Walmart and Bank of America, joined in. In all, over $4 ...

Using marijuana is legal in Illinois — but it can still get you fired

CHICAGO - Now that recreational pot is legal in Illinois, marijuana enthusiasts may feel like it's finally time to emerge from hiding. But people with jobs - or looking for them - might want to stay in the shadows for now as companies figure out how to handle employees who partake. In Illinois, employers are allowed to fire workers who bring cannabis to the office, show up impaired or fail ...

Smokers need not apply: Fairness of no-nicotine hiring policies questioned

When U-Haul recently announced it will no longer hire people who use nicotine in any form in the 21 states where such hiring policies are legal, the Phoenix-based moving company joined a cadre of companies with nicotine-free hiring policies. U-Haul's announcement is receiving outsize attention because nicotine-free hiring policies are more common at high-profile hospitals such as Cleveland ...