Sunday, May 27, 2018

Business News

Behind the deal: $52 million boutique hotel coming to Ybor City started with cafe con leche at La Tropicana Cafe
Tampa Mayor Bob Buckhorn and longtime Ybor City investor Joe Capitano Sr. shake hands Thursday at an event celebrating the start of construction on a $52 million boutique hotel on the 1400 block of E Seventh Avenue. RICHARD DANIELSON | Times
TAMPA — Joe Capitano Sr. invested in the 1400 block of E Seventh Avenue in 1985, never doubting the huge potential of the property for Ybor City.But the deal to build a
The Federal Trade Commission is suing a group of Florida companies for a robocall scam. Pictured is a phone in the Iowa Attorney GEneral's office in 2013. | [SCOTT KEELER    |    Times, 2013]
Federal Trade Commission sues Florida companies for robocall scam
In this July 1, 2013, file photo, a communication technician works at a phone and internet cable closet, at the European Council building in Brussels. New data and privacy rules took effect in Europe today.
[AP file photo, 2013]
U.S. news outlets block European readers over new privacy rules
LUIS SANTANA   |   Times
Aerial view of the Tampa Electric Big Bend power station. [Sunday, August 13, 2017] [Photo Luis Santana | Times]
Tampa Electric appeals OSHA findings for October accident

Top Business News

Customers: we were left in lurch by Tampa HVAC company that filed bankruptcy

A Tampa-based air conditioning and heating services company which recently filed for bankruptcy appears to have left several customers in the lurch for services.CM HVAC Holdings, parent company of CGM Services, filed for Chapter 11 bankruptcy reorgan...
Published: 05/24/18
Updated: 05/25/18
Federal Reserve chairman warns his agency must be free from political pressure

Federal Reserve chairman warns his agency must be free from political pressure

Associated PressFederal Reserve Chairman Jerome Powell warned Friday that the Fed’s independence from political pressure must be respected if it is to succeed in controlling inflation, maximizing employment and regulating the financial system. His re...
Published: 05/25/18
Restaurants like Ford’s Garage use the experience to get you in the door

Restaurants like Ford’s Garage use the experience to get you in the door

Tim Butler’s first car was a Ford Model A pick-up truck — a pearl fawn and cherry red pick-up he got his senior year in high school from his dad, who renovates antique cars. That’s why as Butler waited for a table at the Ford’...
Published: 05/25/18
St. Petersburg man fined $507,513 in penny stock scheme

St. Petersburg man fined $507,513 in penny stock scheme

TAMPA — A St. Petersburg man was fined $507,513 and permanently barred from participating in the offering of a penny stock in a case involving a scheme to manipulate the price of Aureus, a penny stock company incorporated in Nevada, officials said Fr...
Published: 05/25/18
Broadcom’s CEO tops highest-paid list with a $103 million payout

Broadcom’s CEO tops highest-paid list with a $103 million payout

Times staff and wiresNEW YORK — Chief executives at the biggest public companies got an 8.5 percent raise last year, bringing the median pay package for CEOs to $11.7 million. Across the S&P 500, compensation for CEOs is often hundreds of times highe...
Published: 05/25/18

Business News

Downtown St. Pete Ford’s Garage and Yeoman’s to open Wednesday

Downtown St. Pete Ford’s Garage and Yeoman’s to open Wednesday

ST. PETERSBURG — Ford’s Garage, a car junkie’s haven, has proven to be popular eatery across the state.Now it has a chance to drive customers to its seats in St. Petersburg. The restaurant opens its ninth location downtown Wednesday at 200 First Ave....
Published: 05/23/18
Target: New Tampa, Clearwater stores part of company-wide makeovers

Target: New Tampa, Clearwater stores part of company-wide makeovers

Target is renovating more than 1,000 stores by the end of 2020, including two SuperTarget locations in New Tampa and Clearwater.The Clearwater store’s makeover — which the corporation calls ‘‘reimagining" — just wrapped up, according to Target spoke...
Published: 05/23/18
Many Americans still cannot afford a $400 set back

Many Americans still cannot afford a $400 set back

Could you pay an unexpected $400 expense?More than four in 10 Americans said they couldn’t without borrowing money or selling something, according to the Federal Reserve’s Report on the Economic Well-Being of U.S. Households released Tuesday.That’s a...
Published: 05/22/18

The hostile work environment checklist: How toxic is yours?

Workplace stress is hardly a new phenomenon. Everyone has a bad day (or even month) at work now and then. Your client presentation didn’t go as well as planned; your boss didn’t fall head over heels for your proposal; you had to stay late to finish a...
Published: 05/22/18
Career Q&A:

Career Q&A:

Q: Despite having a stellar employment record, I am concerned about two incidents mentioned during my recent performance review. Both involved accusations which were completely unfair.Several months ago, our human resources manager told me that I was...
Published: 05/22/18
Tampa-backed company with candy-like coffee thins inks deal with Dunkin’ Donuts

Tampa-backed company with candy-like coffee thins inks deal with Dunkin’ Donuts

TAMPA — Tampa-based private equity firm ProspEquity Partners paid $18.2 million less than three weeks ago for a two-thirds stake in Tierra Nueva, a Miami company with a new idea for coffee, and already it has some big news.Tierra Nueva has inked a de...
Published: 05/22/18
Proud mom orders ‘Summa Cum Laude’ cake online. Publix censors it to ‘Summa . Laude.’

Proud mom orders ‘Summa Cum Laude’ cake online. Publix censors it to ‘Summa . Laude.’

Saturday was Jacob Kosinski’s big day. His whole family, many from out of town, saw the Charleston, South Carolina, student graduate from his Christian-based homeschool program with a 4.89 grade point average and the coveted honor of summa cum laude....
Published: 05/22/18
It’s picking time at Brooksville blackberry farm, one of a handful in the region

It’s picking time at Brooksville blackberry farm, one of a handful in the region

BROOKSVILLE — Black follows blue in the berry patches of Hernando County, but blackberry proponents claim they’re worth waiting for.Today’s blackberry brambles are thornless and don’t require bending over to pick. Their fruits are mouth-full juicier,...
Published: 05/22/18
Amazon is selling facial recognition to Orlando law enforcement - for a fistful of dollars

Amazon is selling facial recognition to Orlando law enforcement - for a fistful of dollars

Amazon has been providing facial recognition tools to law enforcement agencies in Oregon and Orlando for only a few dollars a month, according to documents obtained by American Civil Liberties Union of Northern California, paving the way for a rollou...
Published: 05/22/18
Report: Downtown Tampa has least amount of vacant land of top 25 metros

Report: Downtown Tampa has least amount of vacant land of top 25 metros

Tampa is facing major landscape changes as projects like Water Street Tampa gear up. But despite the ongoing and upcoming major development, a new CommercialCafé study says, downtown Tampa has a big challenge with the least amount of vacant land of a...
Published: 05/22/18