Wednesday, December 13, 2017
Business

Your letters: No surprise from insurance companies

Some insurers routinely cheat death | Oct. 14

Insurers: 'What's yours is mine … '

Very "business as usual" for insurance companies. They act as though policyholders are robbing them of the money. Just proves they believe the adage of "what's yours is mine, and what's mine is my own!"

Sue E. Conrad, Redington Beach

Vote Romney, Schwab says Oct. 18

Finger's pointing the wrong way

Mr. Charles Schwab, you're telling seniors that Obama policies are hurting their savings. Hogwash. Maybe it's your investing that is hurting senior savings. If I'm not mistaken, the Dow Jones Industrial Average has gone up almost 5,000 points since President Obama took office. Even nonsenior 401(k)s have doubled. My wife and I are retired seniors and our portfolios have been doing quite nicely, thank you. I sure don't want you to do my investing. Our portfolios were in the toilet in the Bush years. You all want to go back there? No thanks. So maybe it's you, Mr. Schwab, that is creating problem for seniors.

Jack Allen, Seminole

Banks make top dollar Oct. 12

Invest some profits in troubled condos

Congratulations to Bank of America on their profit news. When I checked their website, the screen filled up with their message, "Strengthening Communities through Lending, Investing, Giving." Now I am asking the bank to be a good corporate neighbor and follow through on its mission statements. We have condos languishing in the foreclosure process. These units have sat empty for two or more years and are deteriorating from lack of use. No one pays the monthly dues on these units, forcing other units to absorb their share of monthly maintenance costs.

Bank of America, please reinvest some of your hard-earned profits into resolving this frustrating and unproductive process. I remember when "social responsibility" was the hottest phrase among corporate execs. It's time to get back to the basics.

Nancy Arsenault, Seminole

Comments
Flipping homes for big profits is getting harder in Tampa Bay

Flipping homes for big profits is getting harder in Tampa Bay

Michael Sadeghpour was just 18 when he did his first flip.Using money saved from a job and borrowed from his grandmother, he bought a foreclosed condo in north Pinellas County for $67,000. He did some inexpensive renovations and flipped it for $125,0...
Updated: 2 hours ago
Wee Gallery entrepreneurs turned black-and-white baby mural into thriving business

Wee Gallery entrepreneurs turned black-and-white baby mural into thriving business

When Surya Sajnani and Dave Pinto were expecting their first child in 2002, she painted a mural with black and white zebras on one wall of the nursery. The couple had read that a baby’s eyes are stimulated by repeating patterns of black and white. "I...
Published: 12/13/17
Career Q&A: Two bosses who don’t care for each other

Career Q&A: Two bosses who don’t care for each other

Q: I seem to be caught between two high-level managers who really don’t like each other. One is a director, the other is a vice president, and I am an assistant to both. Whenever the director stops by my desk to chat, she makes critical remarks about...
Updated: 10 hours ago
Nicko’s Fine Foods, classic diner and Seminole Heights icon, closes after six decades

Nicko’s Fine Foods, classic diner and Seminole Heights icon, closes after six decades

Nicko’s Fine Foods, known as the place Elvis Presley ate following a 1956 concert and Tampa’s last classic prefabricated diner, has shut down after more than 60 years in business.Owners Karen and Nicholas Liakos could not be reached for comment, but ...
Published: 12/12/17
Ex-Facebook VP: Social media destroying society with ‘dopamine-driven feedback loops’

Ex-Facebook VP: Social media destroying society with ‘dopamine-driven feedback loops’

Washington PostA former Facebook executive is making waves after he spoke out about his "tremendous guilt" over growing the social network, which he feels has eroded "the core foundations of how people behave by and between each other."Chamath Paliha...
Published: 12/12/17
Illegal card skimmer discoveries in Tampa Bay double in 2017

Illegal card skimmer discoveries in Tampa Bay double in 2017

State investigators have discovered more than double the number of credit card skimmers in the Tampa Bay area in 2017 than in 2016 — with still a few weeks left in the year. The Florida Department of Agriculture and Consumer Services found 54 skimmer...
Published: 12/12/17
French group to take over Westfield malls for $15.7 billion

French group to take over Westfield malls for $15.7 billion

Three Tampa Bay malls may soon be under new management. French real estate company Unibail-Rodamco has agreed to buy Australia-based shopping mall operator Westfield Corp. for $15.7 billion in cash and shares."Westfield would arguably be the best or ...
Published: 12/12/17
Tampa Bay’s mortgage delinquency rate crept up in September

Tampa Bay’s mortgage delinquency rate crept up in September

Times Staff WriterThe percentage of Tampa Bay homeowners who are late on their mortgage payments rose slightly in September, probably due to Hurricane Irma. According to CoreLogic, 7 percent of bay area mortgages were delinquent by at least 30 days c...
Published: 12/12/17
Unusual paddle design earns worldwide market

Unusual paddle design earns worldwide market

Paddling on the heels of the last supermoon of 2017, Phil Hughes navigated an uncommonly low tide off Dunedin through St. Joseph Sound on an effortless but lengthy glide.This is not easy water, nor an easy paddle, and could be especially daunting for...
Published: 12/12/17
Punit Shah’s Liberty Group building new Channel District hotel with Jameis Winston as limited investor

Punit Shah’s Liberty Group building new Channel District hotel with Jameis Winston as limited investor

TAMPA — Punit Shah’s Liberty Group announced plans Tuesday to start construction in January on a Channel District project that will include a Hampton Inn and Home2 Suites, both by Hilton, plus a Starbucks Coffee.Financing for the $40 million project ...
Published: 12/12/17