Tuesday, January 23, 2018
Business

Bipartisan group of Congress seeks delay in flood insurance hikes of two to four years

Sen. Mary Landrieu, D-La., says she is building support for legislation that would mandate a two- to four-year delay in new flood insurance rates that are causing alarm across Florida.

"We're building a strong coalition of Republicans and Democrats," she said in an interview, noting that Sen. Johnny Isakson, R-Ga., has signed on as a sponsor.

Lawmakers had been focused on a one-year delay, so they could work on fixes to the legislation. But even as they held a news conference last week — the same day changes went into effect — they acknowledged they did not have a formal plan.

Landrieu on Tuesday, however, said it is developing. "We're going to try to have anywhere from a two- to four-year delay. More and more people are learning that this affects many, many, and so we're building a lot of support."

Florida Sens. Bill Nelson and Marco Rubio are involved in the effort.

Comments
Starbucks gives workers raises, stock grants due to tax law

Starbucks gives workers raises, stock grants due to tax law

NEW YORK — Starbucks is giving its U.S. workers pay raises and stock grants this year, citing recent changes to the tax law.All employees can will soon be able to earn paid sick time off, and the company’s parental leave benefits will include all non...
Updated: 23 minutes ago
Career Q&A: Sharpen interview skills to overcome impression of shyness

Career Q&A: Sharpen interview skills to overcome impression of shyness

Q: At the end of a recent interview, the manager told me that I would not be getting the job. He said I wasn’t a good fit for the position because I was shy. As a naturally introverted person, I found this very discouraging. How can I avoid similar p...
Updated: 10 hours ago
Lawmakers call for additional investigations into Tampa Bay’s two CareerSource boards

Lawmakers call for additional investigations into Tampa Bay’s two CareerSource boards

Federal and state lawmakers are calling on Congress and the Florida House of Representatives to investigate whether two regional workforce centers inflated the number of people they helped find jobs. U.S. Rep. Charlie Crist, D–St. Petersburg, and sta...
Updated: 10 hours ago
CEO Nancy Tower’s goal for Tampa Electric: renewable energy

CEO Nancy Tower’s goal for Tampa Electric: renewable energy

TAMPA — Tampa Electric Co.’s future will be green if new CEO Nancy Tower has anything to say about it. Speaking at a University of Tampa panel Tuesday, Tower outlined her plan to move the Tampa-based utility toward a completely renewable energy portf...
Published: 01/23/18
Chase to make $20B investment, raise wages

Chase to make $20B investment, raise wages

JPMorgan Chase announced Tuesday that it will boost wages, open new branches and hire thousands of new workers, citing improved economic performance and sweeping changes to the U.S. tax code. Wages will rise to between $15 and $18 an hour from a rang...
Published: 01/23/18
Disney offering staff $1,000 bonuses, new education funding

Disney offering staff $1,000 bonuses, new education funding

NEW YORK — The Walt Disney Co. will give more than 125,000 eligible employees a one-time $1,000 cash bonus and invest $50 million in an education funding program. The media company said Tuesday the bonuses will go to all full and part-time non-execut...
Published: 01/23/18
Tampa micro housing advocates find big demand for living small

Tampa micro housing advocates find big demand for living small

TAMPA — When Omar Garcia announced plans to transform a vacant downtown office building into 120 micro apartments of about 300 square feet each, the calls and checks poured in."We got 90 reservations like that," Garcia said Tuesday, snapping his fing...
Published: 01/23/18
Elon Musk’s new pay package tied to massive Tesla growth

Elon Musk’s new pay package tied to massive Tesla growth

Associated PressPALO ALTO, Calif.— Elon Musk will remain at Tesla Inc. under a 10-year, all-or-nothing pay package that demands massive growth. The agreement, revealed Tuesday in a regulatory filing, requires that Tesla grow in $50 billion leaps, to ...
Published: 01/23/18

Verizon misses its profit forecast

Associated PressNEW YORK — Verizon Communications Inc. on Tuesday reported fourth-quarter earnings of $18.67 billion.On a per-share basis, the New York-based company said it had profits of $4.56. Earnings, adjusted for one-time gains and costs, were ...
Published: 01/23/18
Hungry at Gasparilla? Eight great restaurants near the parade route

Hungry at Gasparilla? Eight great restaurants near the parade route

GASPARILLA: THE DINING EDITIONGasparilla. Some things are certain. There will be scantily clad pirates and liquid libations. At some point, it is advised to eat some food. Here are some of the top places that are easily accessed along the invasion ro...
Published: 01/23/18