Tuesday, September 25, 2018

Business News

Port Tampa Bay marks 1 million cruise passengers in a year for the first time ever
Port Tampa Bay marked its busiest cruise ship weekend ever over the March 31 to April 1 Easter weekend (pictured here), when 29,167 passengers sailed from or arrived at the port. (Aerial photo courtesy Port Tampa Bay)
TAMPA — Port Tampa Bay last week welcomed its 1-millionth cruise ship passenger for the first time ever in a single year.The port hit the milestone on Sept. 17, when the count hit 1,000,524 for this fiscal year, which ends on Sept. 30. It rose...
Mark Wilson, owner of Redington Beach Liquors, pictured at his empty store on Monday, Sept. 24, 2018. Wilson says business has slowed down significantly since Red Tide began to affect Pinellas beaches. (MARTHA ASENCIO RHINE   |   Times)
Struggling against Red Tide, a Redington Beach liquor store is too small to qualify for local aid
According to a recent study by SmartAsset, four of the top 10 easiest places to sell a home in Florida are in Tampa Bay. Pictured is a graphic of the top 10 locations in the state. | [Courtesy of SmartAsset, 2018]
Study: Some Tampa Bay neighborhoods among quickest selling in the state
Gas prices in Florida averaged $2.72 per gallon Monday, down from $2.74 per gallon a week ago, according to AAA, The Auto Club Group. Pictured is a Winn Dixie gas pump and employee in July. [CHRIS URSO   |   Times, 2018]
Lower demand brings slight dip in gas prices across state, Tampa Bay

Top Business News

Jeff Vinik invests in gaming headset maker boosted by Fortnite’s popularity

Jeff Vinik invests in gaming headset maker boosted by Fortnite’s popularity

TAMPA — As a mutual fund wonder-boy, hedge fund manager and real estate investor, Jeff Vinik has long displayed a sense for knowing when to put money into the next big thing, and his latest bet on e-sports may be no different.Vink recently bought nea...
Published: 09/24/18
Walmart is teaming with a Seminole Heights chef to promote locally grown mushrooms

Walmart is teaming with a Seminole Heights chef to promote locally grown mushrooms

TAMPA — It might seem like an unlikely match from the outside: A distinguished chef with a restaurant known for inventive plates using produce shoppers can find at… Walmart?Walmart, the country’s largest grocer, is known for having a core consumer wh...
Published: 09/21/18
Updated: 09/23/18
The guys who brought you Tampa’s Armature Works plan high-end offices next door, and they’ve already signed a lease with med-tech company AxoGen

The guys who brought you Tampa’s Armature Works plan high-end offices next door, and they’ve already signed a lease with med-tech company AxoGen

TAMPA — Coming soon from the developers who brought you the Armature Works: Heights Union, two high-end office buildings next door to the trendy food hall, event space and co-working complex overlooking the Hillsborough River.Developers said Friday t...
Published: 09/21/18
Federal loans open to Pinellas businesses struggling against Red Tide

Federal loans open to Pinellas businesses struggling against Red Tide

The U.S. Small Business Administration has extended its disaster loan program to include Pinellas and Pasco county businesses affected by Red Tide.Already, the Pinellas County Economic Development Office was taking applications for bridge loans to he...
Published: 09/21/18
They spent $15,000 adding a driveway to their St. Pete House. Now the city says they can’t park on it

They spent $15,000 adding a driveway to their St. Pete House. Now the city says they can’t park on it

ST. PETERSBURG — One day in January, Dana Cremo was on her front porch hanging a vintage screen door when two city employees walked up. "You can’t park on your driveway," they said. "Why?" she asked. "Because somebody filed a complaint," they said. F...
Published: 09/21/18

Business News

Colorado-based alternative fuel company to hire 45 at new $10 million factory in Plant City

Colorado-based alternative fuel company to hire 45 at new $10 million factory in Plant City

PLANT CITY — Alternative fuel firm MLMC Florida will open a $10 million factory near the Hillsborough-Polk county line and will create 45 new jobs paying an average salary of at least $58,383 a year, officials said Thursday.Based in Parker, Colo., ML...
Published: 09/20/18
Publix has pumpkin spice everything on sale, and other deals this week in coupons (Sept. 20-26)

Publix has pumpkin spice everything on sale, and other deals this week in coupons (Sept. 20-26)

Sometimes, the coupon gods align. And, man, that’s beautiful because everyone loves so-cheap-it’s-almost-free stuff.Vegetarians rejoice: This week’s steal of a deal is for you. Publix has Quorn "chick’n" nuggets and patties on BOGO (buy one, get one)...
Published: 09/20/18
Homes sales jump in Pinellas and Hillsborough in August after months of declines

Homes sales jump in Pinellas and Hillsborough in August after months of declines

Home sales in August hit their highest levels in a year in Pinellas and Hillsborough counties as prices throughout the Tampa Bay area continued to rise. In Pinellas, sales of single-family homes jumped nearly 7 percent from the same month a year ago....
Published: 09/20/18
Floridan hotel misses deadline, faces hearing on repairs to keep more concrete from falling

Floridan hotel misses deadline, faces hearing on repairs to keep more concrete from falling

TAMPA — When a chunk of concrete fell off the Floridan Palace Hotel last month, injuring a woman who was struck by debris, city officials gave the historic building’s owners a deadline to submit an engineering report and make repairs.That deadline ca...
Published: 09/20/18
Too many homeowners forced to tap home equity to pay for day-to-day expenses

Too many homeowners forced to tap home equity to pay for day-to-day expenses

Tapping home equity to pay for day-to-day expenses like groceries and utilities is a recipe for financial peril. It can work for a while, especially if home prices are rising. Eventually the spigot runs dry, bills pile up and your home can be lost to...
Published: 09/19/18
Updated: 09/20/18
Pinellas County strikes bed tax deal with VRBO, HomeAway and other AirBnb competitors

Pinellas County strikes bed tax deal with VRBO, HomeAway and other AirBnb competitors

The Pinellas County Tax Collector’s Office will start collecting bed tax dollars from a slew of home rental apps that operate similarly to AirBnb starting Oct. 1.Prior to the new partnerships with TripAdvisor and Expedia, only AirBnb had set up to pa...
Published: 09/19/18
Dear Penny: I spent everything ending a bad relationship. Can I treat myself?

Dear Penny: I spent everything ending a bad relationship. Can I treat myself?

Dear Penny, I just made one of the hardest decisions of my life and ended the relationship I had been in since my early 20s. After a decade in a bad relationship, I’m super excited to be single again. The problem is my wardrobe. Over the past few yea...
Published: 09/24/18
Study: Tampa International Airport ranks fourth best for satisfying travelers

Study: Tampa International Airport ranks fourth best for satisfying travelers

Times Staff WriterTampa International Airport was named the fourth-best large airport in the U.S. at keeping travelers satisfied, according to a study by J.D. Power released Wednesday.Meanwhile, the study ranked Orlando International as the country’s...
Published: 09/19/18
Valet parking? A concierge? Midtown Tampa outlines plans for an amenity-rich office building

Valet parking? A concierge? Midtown Tampa outlines plans for an amenity-rich office building

TAMPA — A sudden boomlet in premium office space is getting boomier as developers detail their plans for the first of three office buildings planned at Midtown Tampa, a $500 million mixed-use development near Interstate 275 and N Dale Mabry Highway.M...
Published: 09/19/18
Home refinancings up dramatically in the Tampa Bay area

Home refinancings up dramatically in the Tampa Bay area

Counter to the national trend, refinancings in the Tampa Bay area increased in the second quarter of this year. According to ATTOM Data Solutions, lenders originated 41 percent more refinancing loans in April, May and June than they did in the same p...
Published: 09/19/18