Thursday, June 21, 2018

Business News

A tight supply cuts into Tampa Bay home sales while prices keep rising
This gulf-front home in Belleair Shore sold in May for $5 million, making it Tampa Bay's priciest sale of the month. [Courtesy of Kerryn Ellson/James Sculer]
Tampa Bay’s two largest counties showed anemic home sales in May as prices continued to rise due to a tight supply.
The red arrow points to the city's old office of cable communications building between Ulele and Armature Works in Tampa. The developers of Armature Works say in a new lawsuit they were never given the chance to make a proposal for the city building, which was instead awarded to Ulele. (Google maps)
Armature Works developers sue Ulele and city of Tampa over use of nearby building
Summer has officially started and so have summer travel plans. About 2.4 million Floridians are expected to travel for the Fourth of July holiday weekend, up 6.3 percent from last year, according to AAA, The Auto Club Group. Pictured is traffic on I-275 in 2017. [LOREN ELLIOTT   |   Times, 2017]
2.4 million Floridians expected to travel for Fourth of July
Sharon McSwain, owner of Domain Homes, in the company's
Domain Homes: Buyers love them, some others don’t

Top Business News

Could Lucky’s Market move in to Clearwater’s old Albertsons?

Could Lucky’s Market move in to Clearwater’s old Albertsons?

Lucky’s Market is considering a move in to the old Albertsons box space in Clearwater, according to preliminary plans filed with the city. Lucky’s master broker, Rick Lewellyn, was listed on an agenda as discussing renovating the existing property wi...
Updated: 9 hours ago
Seminole Heights restaurant Mortar & Pestle files for bankruptcy reorganization

Seminole Heights restaurant Mortar & Pestle files for bankruptcy reorganization

TAMPA — Mortar & Pestle, a fledgling Seminole Heights eatery with a mom-and-pop pharmacy theme, has filed for Chapter 11 bankruptcy reorganization. Seacoast Bank was listed as the creditor with the largest unsecured claim: $1.4 million.The restaurant...
Published: 06/20/18
Tampa tech firm Newgentek hiring 20 following expansion

Tampa tech firm Newgentek hiring 20 following expansion

TAMPA — Information technology company Newgentek plans to hire 20 new employees over the next two years following an expansion of its Tampa headquarters."In the last 90 days, the Newgentek team has grown 24 percent and is now operating at 80 percent ...
Published: 06/21/18
Clearwater’s Clegg Insurance Group buys Advanced Insurance Brokerage

Clearwater’s Clegg Insurance Group buys Advanced Insurance Brokerage

CLEARWATER - Clegg Insurance Group of Clearwater announced on Wednesday it has bought Brandon-based Advanced Insurance Brokerage.The merger creates a firm with more than 2,000 customers and more than $10 million in annual premiums. Terms were not dis...
Published: 06/20/18
Citizens considers hiking homeowners insurance rates about 8 percent

Citizens considers hiking homeowners insurance rates about 8 percent

Citizens Property Insurance Corp.’s is weighing another round of hefty rate hikes.Staffers with the state-run insurer of last resort have proposed raising the average rates for homeowners by 7.9 percent — just under the legislative cap of 10 percent ...
Published: 06/20/18

Business News

WTR Pool and Grille brings ‘fun dining’ pool party scene to Tampa

WTR Pool and Grille brings ‘fun dining’ pool party scene to Tampa

Mike Piper has traveled to Las Vegas and Miami and enjoyed the fun, daytime, party pool scene that the two cities have to offer.Now he aims to bring that same atmosphere to Tampa with a new dining and hang out spot. WTR Pool & Grill opened on Sunday ...
Updated: 2 hours ago
Grace Family Church gives thrift stores an upgrade in South Tampa

Grace Family Church gives thrift stores an upgrade in South Tampa

A new resale store has made its way to South Tampa. Grace Family Church recently opened Vintage Etc., to provide affordable, quality merchandise to the community and continue its outreach to help families in need in a loving Christian environment. "W...
Updated: 2 hours ago
Taylor Morrison builds in Wesley Chapel

Taylor Morrison builds in Wesley Chapel

Taylor Morrison will build a new subdivision off of Boyette Road between Wesley Chapel Boulevard and Overpass Road.The builder and developer recently broke ground on Chapel Chase, set on approximately 40 acres just north of New Tampa in Pasco County....
Updated: 2 hours ago
Grain and Berry Cafe to bring its healthy menu to USF area

Grain and Berry Cafe to bring its healthy menu to USF area

Grain & Berry Cafe opened in Palm Harbor, and now the healthy eatery is rapidly expanding throughout the Tampa Bay area.The healthy eatery opened a new location on E Fowler Ave near the University of South Florida in May, just 10 months after opening...
Updated: 3 hours ago
Supreme Court: Online shoppers can be forced to pay sales tax

Supreme Court: Online shoppers can be forced to pay sales tax

WASHINGTON — The Supreme Court says states can force online shoppers to pay sales tax.The 5-4 ruling Thursday is a win for states, who said they were losing out on billions of dollars annually under two decades-old Supreme Court decisions that impact...
Updated: 4 hours ago
Former employee sued by Tesla says he was a whistleblower

Former employee sued by Tesla says he was a whistleblower

Tesla sued a former employee Wednesday, accusing the man of hacking the automaker’s computer systems and stealing company secrets, shedding light on what chief Elon Musk had suggested was the work of a secretive internal saboteur.But the employee, Ma...
Updated: 5 hours ago
Orlando airport first to scan faces of U.S. citizens on international flights

Orlando airport first to scan faces of U.S. citizens on international flights

ORLANDO — Florida’s busiest airport is becoming the first in the nation to require a face scan of passengers on all arriving and departing international flights, including U.S. citizens, according to officials there. The expected announcement Thursda...
Updated: 6 hours ago
Days after buying Time Warner, AT&T launches new TV service

Days after buying Time Warner, AT&T launches new TV service

NEW YORK — AT&T is launching a new streaming service incorporating television networks from the Time Warner company it just bought. The WatchTV service, a cable-like package of more than 30 TV channels delivered over the internet, is an example of th...
Updated: 6 hours ago
Passengers on fatal Southwest flight sue airline and manufacturers of plane and engine

Passengers on fatal Southwest flight sue airline and manufacturers of plane and engine

Eight passengers who were aboard a Southwest Airlines flight that was forced to make an emergency landing in Philadelphia after one of its engines blew apart filed suit Wednesday against the airline, Boeing and the companies that manufactured the eng...
Published: 06/20/18
Former employee sued by Tesla says he was a whistleblower

Former employee sued by Tesla says he was a whistleblower

Tesla sued a former employee Wednesday, accusing the man of hacking the automaker’s computer systems and stealing company secrets, shedding light on what chief Elon Musk had suggested was the work of a secretive internal saboteur.But the employee, Ma...
Published: 06/20/18