Monday, October 15, 2018

Business News

Hurricane Michael reminds us it’s past time to get smarter about where we build
Mexico Beach, population 1,200, lay devastated on Thursday, the day after Hurricane Michael made landfall nearby. [DOUGLAS R. CLIFFORD  |  Times]
Avoidance is a great way to mitigate risk. As in, get out of trouble’s way, or don’t be there to begin with.
Interior photo of the mall entrance to the Sears department store at University Square Mall, 2266 E Fowler Ave in Tampa. The retailer announced it would close the location in late August. Now more than 100 others are closing. [Thursday August 23, 2018] [Photo Luis Santana | Times]
Tampaís last Sears survived bankruptcy closings, but Westshore Plaza is dropping Sears anyway
According to the Florida Office of Insurance Regulation, about 38,000 claims were submitted for Hurricane Michael damage, amounting to about $5.7 million in insured losses. Pictured is damage from Hurricane Michael in Mexico Beach. [DOUGLAS R. CLIFFORD  |  Times
, 2018]
Early Hurricane Michael claims: 38,000, $5.7M in damages
Tampa International Airport has surpassed the 20 million-passenger mark for the first time ever, closing out its budget year with more than 21 million passengers over a 12-month period. ANDRES LEIVA   |   Times
 (2016)
Tampa International Airport tops 20 million passengers in a year; St. Pete-Clearwater has biggest September ever

Top Business News

Florida citrus expected to see 76 percent yield jump this season

Florida citrus expected to see 76 percent yield jump this season

This time last year, Florida was facing projections of its lowest orange yield in 75 years after the stateís citrus industry was ravaged by Hurricane Irma. But the most recent projections arenít nearly as sour.The U.S. Department of Agricultureís fir...
Updated: 8 hours ago
Is Tampa Bay headed for another housing bubble? Not this time around

Is Tampa Bay headed for another housing bubble? Not this time around

Home prices keep climbing. Houses sprout in long dormant parts of Pasco and Hillsborough counties. Condo towers rise in our downtowns. Itís no wonder Iím often asked whether we are creating another housing bubble like the one that plunged the economy...
Published: 10/12/18
Updated: 10/15/18
Report: Insured damages for Hurricane Michael pegged at $3B to $5B

Report: Insured damages for Hurricane Michael pegged at $3B to $5B

CoreLogic projects that Hurricane Michaelís 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. "At this ti...
Published: 10/12/18
Dear Penny: My fiance spends his student loan refund like it doesnít cost interest

Dear Penny: My fiance spends his student loan refund like it doesnít cost interest

Dear Penny,Iíve been working full time for five years and have slowly learned to budget as Iíve clawed my way through student loans and credit card debt, which Iím still not out of. This year, I am also saving for my wedding. After that, I want to st...
Published: 10/15/18
Roughly 350,000 still without power in Panhandle Friday morning

Roughly 350,000 still without power in Panhandle Friday morning

Roughly 343,700 Floridians were still without power as of noon Friday according to Gov. Rick Scott as utility crews worked to restore electricity after Hurricane Michael. While areas further east, such as Monticello, were already getting power back, ...
Published: 10/12/18

Business News

Fish Tales Seafood House in St. Peterburg closes after nearly 20 years in business

Fish Tales Seafood House in St. Peterburg closes after nearly 20 years in business

Fish Tales Seafood House in St. Petersburg has closed its doors after nearly 20 years in business, the restaurant announced on its Facebook page Monday."It is with a heavy heart that I have to write this, but write it I must," the Facebook post state...
Updated: 7 hours ago
Drugmakers to disclose prices for medicines advertised on TV

Drugmakers to disclose prices for medicines advertised on TV

TRENTON, N.J. ó Dozens of drugmakers will start disclosing the prices for U.S. prescription drugs advertised on TV. The prices wonít actually be shown in the TV commercials but the advertisement will include a website where the list price will be pos...
Updated: 10 hours ago
Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt

Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt

NEW YORK ó Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses. Sears once dominated the American retail landscape. But the big question is whether the shrunken version of itself can be via...
Published: 10/15/18
Candidates for Pinellas commission race pause to help with natural disasters

Candidates for Pinellas commission race pause to help with natural disasters

As Election Day nears, the candidates for Pinellas County Commission have shifted from campaigning to helping residents deal with the aftermath of natural disasters.Democrat Amy Kedron held a town hall meeting and helped draft policies for businesses...
Published: 10/15/18
Sun Dome no more: After years of struggle, can the new Yuengling Center find a soul?

Sun Dome no more: After years of struggle, can the new Yuengling Center find a soul?

TAMPA ó Kelli Yeloushan slid the latest issue of VenuesNow magazine across her desk."We actually have a full-page ad that just came out today," she said.There on Page 55 of the concert industry trade mag was Yeloushan, director of events management a...
Published: 10/12/18
Updated: 10/13/18
The Times 2019 Medicare Guide

The Times 2019 Medicare Guide

It has four main parts, labeled A, B, C and D. But after that, the rules can be wickedly complex. Nearly 60 million people are using it right now. And with an estimated 10,000 people reaching age 65 each day in the U.S., that number is growing fast.S...
Published: 10/15/18
Medicare opens enrollment for 2019 with insurers focused on keeping you out of the hospital

Medicare opens enrollment for 2019 with insurers focused on keeping you out of the hospital

The annual Medicare open enrollment period kicks off today, and the news is generally good for nearly 4.4 million Floridians who rely on the program. Premiums are expected to stay roughly the same in 2019, and many plans are offering expanded perks a...
Published: 10/15/18
Nurses at HCA hospitals reach contract agreement

Nurses at HCA hospitals reach contract agreement

Registered nurses from 15 hospitals in Florida owned by the national chain, Hospital Corporation of America, have reached tentative agreements on union contract negotiations. Nurses across Florida and several other states have been picketing, and rec...
Published: 10/12/18
What Red Tide? New Florida tourism campaigns promote museums, craft beer and local experiences

What Red Tide? New Florida tourism campaigns promote museums, craft beer and local experiences

Visit Floridaís latest ad campaign doesnít feature sprawling beach scenes with toes in the sand. Instead, look for craft beers, restaurants, museums and murals ó a move designed to hook millennial travelers seeking to experience cities "like a local....
Published: 10/12/18
Facebook says hackers accessed 29M people's accounts

Facebook says hackers accessed 29M people's accounts

Facebook revealed that personal information for millions of users has been stolen by hackers.
Published: 10/12/18