Saturday, June 23, 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.
Members of a Tampa Bay Partnership delegation to Houston discuss what they learned during two days talking to their counterparts in Texas about workforce development. From left, Braulio ColÃ3n of the Helios Education Foundation, Tampa Bay Partnership president and CEO Rick Homans, partnership governing council chairwoman Rhea Law, C.J. Mintrone of PNC Bank and David Pizzo of Florida Blue. Also present but not pictured was Santosh Mathew of Nielsen. RICHARD DANIELSON | Times
Tampa Bay workforce development initiative looks to Houston for lessons
CareSync's former CEO Travis Bond is shown speaking at the company's new headquarters in north Hillsborough County. | [Alli Knothe | Times (2016)]
Health care IT company CareSync shuts down, laying off 292
Clean energy sources haven't increased their share of overal electricity generation compared to 20 years ago. (Getty images)
Coal and gas hold onto their share of electricity production, despite massive push for renewables

Top Business News

Brink: Why have Florida’s working-age men left the labor market in droves

Brink: Why have Florida’s working-age men left the labor market in droves

A cancer lurks within Florida’s otherwise rosy job numbers, one that’s been called a quiet catastrophe and an intractable time bomb.Too many men between the ages of 25 and 54 have stopped working.Economists call those the prime-age years. Incomes gen...
Published: 06/22/18
For sale: A Tampa Bay area elementary school where you can eat tacos and buy wine

For sale: A Tampa Bay area elementary school where you can eat tacos and buy wine

ST. PETERSBURG — For sale: a 104-year-old elementary school with restaurant and wine shop. It even has a title company where you can close the deal.Less than a year after completing a major renovation of the historic North Ward school, developer Jona...
Published: 06/22/18
Domain Homes: Buyers love them, some others don’t

Domain Homes: Buyers love them, some others don’t

TAMPA — When the 2008 financial crash brought down the nation’s housing market, hundreds of home builders went out of business. Among them was Sharon McSwain Homes in Atlanta, forced to liquidate in 2009.But just as developers like to develop, builde...
Published: 06/21/18
Updated: 06/22/18
Armature Works developers sue Ulele and city of Tampa over use of nearby building

Armature Works developers sue Ulele and city of Tampa over use of nearby building

TAMPA — Two of the city’s hottest developers — the companies behind Ulele and the Armature Works — are heading to court over control of an old city building that sits between the hit eateries. Both want to redevelop the city&...
Published: 06/21/18
PolitiFact: Donald Trump says Canada levies 270 percent tariff on dairy. That’s basically right

PolitiFact: Donald Trump says Canada levies 270 percent tariff on dairy. That’s basically right

The statement"Canada charges the U.S. a 270% tariff on Dairy Products! They didn’t tell you that, did they? Not fair to our farmers!"President Donald Trump, June 8 in a tweetThe rulingFor decades, Canada has protected its dairy industry, erecting tra...
Published: 06/15/18
Updated: 06/21/18

Business News

Pride divided no more: St. Pete Pride comes back together

Pride divided no more: St. Pete Pride comes back together

ST. PETERSBURG — The 16th annual St. Pete Pride Parade is getting ready to march along the downtown waterfront the second straight year. But many hope to move past the division caused last year when the parade was uprooted from its original hom...
Published: 06/22/18
Purks: Brandon bids adieu to a once grand Kmart

Purks: Brandon bids adieu to a once grand Kmart

BRANDON — I had it in my mind what the new department store in Brandon would be like: Happy, pretty people skipping around, giving you bargains galore. What a happy place it seemed to be, because after all, they had everything in there — the coolest ...
Published: 06/19/18
Updated: 06/22/18
E-sports stream, profits flow

E-sports stream, profits flow

Late on a recent night, more than 600,000 people watched one of the most popular video-game players, Tyler Blevins, engage in Fortnite Battle Royale with a celebrity guest: Drake.Blevins, 27, streams his near-daily sessions live on Twitch, a website ...
Published: 06/17/18
Updated: 06/21/18
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

Associated PressFlorida’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 T...
Published: 06/21/18
Saboteur or whistleblower? Battle between Elon Musk and former Tesla employee turns ugly, exposing internal rancor

Saboteur or whistleblower? Battle between Elon Musk and former Tesla employee turns ugly, exposing internal rancor

Hours after Tesla had sued its former employee on charges he had stolen company secrets, and days after chief Elon Musk had called him a saboteur, the Silicon Valley automaker made a startling claim. The company had received a call from a friend of t...
Published: 06/21/18
New St. Petersburg co-working group targets local women in business

New St. Petersburg co-working group targets local women in business

ST. PETERSBURG — There’s no shortage of co-working spaces in the Tampa Bay area.But local entrepreneurs Maghan Morin and Jeanine Suah saw a gap in many of them: they’re often male-dominated and lack a sense of community for female entrepreneurs.That’...
Published: 06/19/18
Updated: 06/21/18
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 ...
Published: 06/21/18
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...
Published: 06/21/18
2.4 million Floridians expected to travel for Fourth of July

2.4 million Floridians expected to travel for Fourth of July

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."We are already seeing a b...
Published: 06/21/18
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....
Published: 06/21/18