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News of the business week to come

News of the business week to come

THIS COULD BE JUDGMENT DAY FOR ALLSTATE: The state's fourth-largest insurer has until 5 p.m. Monday to file a motion for a rehearing with a state appeals court. Allstate wants to stop or get overturned a court decision that gave regulators the authority to suspend the company from writing new policies in Florida. The ban would go into effect if the 1st District Court of Appeal denies Allstate's motion, or if the court grants the motion but again rules against Allstate. Current Allstate policyholders would not be affected by sanctions.

TAX DEADLINE DAY: Your income tax return — or Form 4868 requesting a six-month extension — needs to be submitted electronically or postmarked by midnight Tuesday. There's an extra incentive for filing on time this year; it means you'll get your rebate earlier than those who procrastinate.

WILL THEY TOSS IN THE TOWEL? The owners of Linens 'n Things are expected to decide as soon as Tuesday if they will file for Chapter 11 bankruptcy protection. The home decor and housewares retailer has been struggling under pressure from creditors. The Clifton, N.J., company, which operates five stores in the Tampa Bay area, is the second-largest home goods seller in the country.

BAY AREA BIZ AMONG FINALISTS: The U.S. Chamber of Commerce's Small Business of the Year Award will be announced Thursday at its Small Business Summit in Washington, D.C. Bayshore Solutions, a Tampa Web site developer, is one of the seven finalists. The company has made it through three rounds of nomination and elimination.

GOT A FINANCIAL QUESTION? Florida CPAs are celebrating "Financial Fitness Friday" by answering questions from the public for free. CPA volunteers will take calls between 9 a.m. and 5 p.m. Friday through a toll-free hotline at 1-800-342-3197, ext. 554.

WATCH FOR JOBLESS NUMBERS: On Friday, Florida's Agency for Workforce Innovation will report the state's unemployment rate for March. It edged up in February to 4.6 percent statewide and 4.8 percent in the Tampa Bay area. All signs point to an increase.

News of the business week to come 04/13/08 [Last modified: Thursday, October 28, 2010 10:32am]
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  1. Estuary wins pier design contest for the Lee Roy Selmon Expressway extension

    Real Estate

    TAMPA — And the winner is… Estuary.

    Voters overwhelmingly supported a pier design called Estuary for the $200-million extension of the Lee Roy Selmon Expressway in Tampa.
[Courtesy of AECOM]
  2. Amazon receives 238 proposals from places eager to become its 2nd headquarters

    Business

    NEW YORK — Amazon said Monday that it received 238 proposals from cities and regions in the United States, Canada and Mexico hoping to be the home of the company's second headquarters.

    Earlier this month, an Amazon employee gives her dog a biscuit as the pair head into a company building, where dogs are welcome, in Seattle. Amazon says it received 238 proposals from cities and regions hoping to be the home of the company's second headquarters. 
[AP Photo/Elaine Thompson]
  3. Target says customers want it to pause the Christmas creep

    Retail

    NEW YORK — Target says customers want it to pause the "Christmas creep." It says it wants to be more in tune with customers' mindset, so it plans to ease in holiday promotions this year while better recognizing Thanksgiving.

     Target says customers want it to pause the "Christmas creep." It says it wants to be more in tune with customers' mindset, so it plans to ease in holiday promotions this year while better recognizing Thanksgiving. This is Target's new store in Manhattan's Herald Square that opened last week. 
[Kavita Kumar/Minneapolis Star Tribune/TNS]
  4. Tampa's Walter Investment Management restructuring, could file for bankruptcy

    Corporate

    TAMPA — Tampa-based Walter Investment Management Corp. is restructuring to cut down some of the mortgage firm's $700 million debt, Walter announced Friday night. The firm, according to its investor relations page, focuses on subprime and "other credit-challenged" mortgages.

    Walter Investment Management is restructuring to reduce its $700 million debt, the company announced late Friday. Pictured is Anthony Renzi. CEO. | [Courtesy of LinkedIn]
  5. Carrollwood fitness center employs scientific protocol to help clients

    Business

    In 2005, Al Roach and Virginia Phillips, husband and wife, opened 20 Minutes to Fitness in Lakewood Ranch, and last month they opened the doors to their new location in Carrollwood.

    Preston Fisher, a personal fitness coach at 20 Minutes To Fitness, stands with an iPad while general manager/owner Angela Begin conducts an equipment demonstration. The iPad is used to track each client's information and progress. I also included one shot of just the equipment. The center recently opened in Carrollwood. Photo by Danielle Hauser.