Sunday, October 14, 2018

Business News

What Red Tide? New Florida tourism campaigns promote museums, craft beer and local experiences
Ferrell Alvarez, center, enjoys drinks outside Tampa's Ulele. Visit Florida has launched a new campaign targeting millennials interested in experiencing Florida like a local.
[Video screen grab courtesy of Visit Florida]
Visit Florida’s latest ad campaign doesn’t feature sprawling beach scenes with toes in the sand. Instead, look for craft beers, restaurants, museums and murals — a move designed to hook millennial travelers seeking to experience...
CoreLogic projects that wind and storm surge caused between $3 billion and $5 billion in insured losses across all states the storm passed through. Of that, Florida is expected to account for $2.5 billion to 4 billion. Pictured is scattered debris and damage along  Shell Point Beach homes the day after Hurricane Michael struck the Florida Panhandle. [BRONTE WITTPENN   |   Times, 2018]
Report: Insured damages for Hurricane Michael pegged at $3B to $5B
More than 350,000 Floridians were still without power Friday morning according to the Florida Division of Emergency Management. Pictured is the coastal township of Mexico Beach, population 1200, lay devastated Thursday, the day after Hurricane Michael made landfall nearby and would go on to thrash the Florida Panhandle. [DOUGLAS R. CLIFFORD  |  Times, 2018]
Roughly 350,000 still without power in Panhandle Friday morning
Mexico Beach, population 1,200, lay devastated on Thursday, the day after Hurricane Michael made landfall nearby. [DOUGLAS R. CLIFFORD  |  Times]
Hurricane Michael reminds us it’s past time to get smarter about where we build

Top Business News

Stock market drops for a second straight day, dragging many Tampa Bay area stocks down with it

Stock market drops for a second straight day, dragging many Tampa Bay area stocks down with it

Stocks fluctuate, and on Thursday, they fluctuated downward for a second straight day, dragging share prices for many of the Tampa Bay area’s biggest publicly traded companies with them.Among major local companies, Raymond James Financial saw the big...
Published: 10/11/18
Nearly 150,000 in Panhandle still without power post-Hurricane Michael

Nearly 150,000 in Panhandle still without power post-Hurricane Michael

Since Hurricane Michael’s exit from Florida, utilities in the Panhandle have been working to restore power to parts affected by the devastating Category 4 storm. As of late Thursday afternoon, roughly 140,000 remained without power in the Panhandle. ...
Published: 10/11/18
Report: Hurricane Michael insured losses could total up to $4.5B

Report: Hurricane Michael insured losses could total up to $4.5B

Panhandle residents and insurers are still making their way back to assess the damage, but some early projections are in: For Florida, Hurricane Michael likely will not be as costly as last year’s Hurricane Irma."Our expectation is that the loss is n...
Published: 10/11/18
In Tampa Bay, larger cars hold their value the best

In Tampa Bay, larger cars hold their value the best

Looking to buy a new car that holds its value? In Tampa Bay, think big. According to an analysis by iSeeCars, the bay area vehicle with the lowest depreciation over five years is a Jeep Wrangler Unlimited. They average just 26 percent depreciation ov...
Published: 10/10/18
Updated: 10/11/18
Macy’s at Tyrone Square Mall opens new furnishings section

Macy’s at Tyrone Square Mall opens new furnishings section

ST. PETERSBURG — The Macy’s at the Tyrone Square Mall has devoted 14,000 square feet to a new mattress and furniture department. The chain says customers have been showing a growing interest n home furnishings and decor. The new area has lifestyle an...
Published: 10/11/18

Business News

Tampa Bay foreclosure filings soar in third quarter of 2018

Counter to the national trend, the Tampa Bay area saw a sharp spike in new foreclosure filings in the third quarter of this year. Lenders began foreclosing on 1,796 bay area homes, 20 percent more than in the same period last year, according to the ...
Published: 10/11/18
Ernest Hooper: Tampa Bay Food Fight brings chefs, foodies together for good cause

Ernest Hooper: Tampa Bay Food Fight brings chefs, foodies together for good cause

The participants will fight for bragging rights, and the chance to help aspiring culinary artists.
Published: 10/10/18
Lighthouse For The Blind proves to be a beacon for the visually impaired

Lighthouse For The Blind proves to be a beacon for the visually impaired

Enduring Tampa nonprofit readies community for National White Cane Day on Oct. 15
Published: 10/10/18
California juice bar looks to find home in Valrico

California juice bar looks to find home in Valrico

Scott Hileman brings the Nektar Juice Bar concept to Tampa Bay with three locations
Published: 10/09/18
Updated: 10/10/18
No claws for concern? Hurricane Michael could be good news for stone crab season.

No claws for concern? Hurricane Michael could be good news for stone crab season.

Florida stone crabs just can’t catch a break. Last year, the season started strong but traps swiftly dried up, the season limping along with very low numbers and high prices. And this year, in anticipation of Monday’s season opening, we&...
Published: 10/10/18
Medical marijuana treatments extend to pets

Medical marijuana treatments extend to pets

Tampa Bay entrepreneur Angela Ardolino has developed a product she believes can aid pets with a number of ailments.
Published: 10/10/18
Sears could finally be nearing bankruptcy after years of decline

Sears could finally be nearing bankruptcy after years of decline

The Washington PostSears, the struggling department store chain and former iconic American retailer, has reportedly hired an advisory firm to prepare a bankruptcy filing.The filing could come as early as this week in anticipation of the company’s $13...
Published: 10/10/18
Embassy Suites near Tampa Convention Center launches $20 million renovation

Embassy Suites near Tampa Convention Center launches $20 million renovation

TAMPA — To the make-overs going on around the Tampa Convention Center — $40 million at the Marriott Waterside Hotel & Marina and $30 million at the convention center itself — add $20 million in renovations at the Embassy Suites by Hilton Downtown Con...
Published: 10/09/18
Updated: 10/10/18
Andrew Gillum wants to pay starting teachers $50,000. Could that ever happen in Florida?

Andrew Gillum wants to pay starting teachers $50,000. Could that ever happen in Florida?

When Valerie Chuchman moved to Florida from Wisconsin eight years ago, her new principal joked that while she was taking a significant salary cut, she would be repaid in sunshine.Unfortunately, the Riverview High School chemistry teacher said, sunshi...
Published: 10/10/18
Frontier introduces 1-gigabit service

Frontier introduces 1-gigabit service

Frontier Communications on Tuesday announced a new 1-gigabit service, with what executive vice president John Maduri described as "eye-popping" speed for the home, in its FiOS markets.The company also is increasing its introductory consumer broadband...
Published: 10/09/18