Sunday, April 22, 2018
Business

Poynter Institute reports 2013 loss of $3.5 million

The Poynter Institute, which owns the Tampa Bay Times, lost $3.5 million last year, according to its financial statement filed Friday with the Internal Revenue Service.

"It's been a challenging financial environment for Poynter and all media organizations nationally over the past five years, especially, because of tectonic changes in how news and advertising are delivered," Poynter president Tim Franklin said in a statement. "Poynter has made tangible progress in addressing those financial challenges and is growing new sources of income for the long term. We have strong momentum, and things are headed in a very positive direction. I'm confident about the future."

Franklin, who took over as president early this year, unveiled a strategic plan in May that includes more custom teaching and expansion of international programs. So far this year, Poynter has taught journalists and educators from 67 countries either in St. Petersburg or abroad.

Poynter announced Thursday that the University of South Florida System is exploring the purchase of 3.7 acres of the institute's vacant land. The property, which is adjacent to the university, would be sold for $6.2 million, according to a nonbinding letter of intent signed by USF and Poynter.

Comments
Some people are paying for cuddles. And it’s not what you might think.

Some people are paying for cuddles. And it’s not what you might think.

When Samantha Hess’s marriage ended five years ago, she felt she was lacking a basic human need: Physical touch. As a woman in her late 20s living in Portland, Oregon, she found plenty of men interested in dating, but sexual contact was not what she ...
Published: 04/21/18
Judge: Foreclosure defense lawyer Mark Stopa violated numerous rules of conduct

Judge: Foreclosure defense lawyer Mark Stopa violated numerous rules of conduct

Tampa Bay foreclosure defense lawyer Mark Stopa has violated numerous rules of professional conduct and caused two clients to nearly lose their homes because he failed to tell them about settlement offers from their banks. Those were among the prelim...
Published: 04/20/18
Updated: 04/21/18
Goodwill to open second store in greater Brandon

Goodwill to open second store in greater Brandon

Times staffThe greater Brandon area will celebrate the grand opening of its second Goodwill store beginning at 9 a.m. on Saturday (April 28) at 1407 U.S. 301. The new store will add another 12,000 square feet to the complex, which includes a 200,000-...
Published: 04/20/18
Updated: 04/21/18
Regulators allow major solar company to lease home equipment

Regulators allow major solar company to lease home equipment

State regulators Friday determined that one of the country’s largest residential solar companies, San Francisco-based Sunrun, is allowed to lease solar energy equipment for homes in Florida. The decision, solar energy advocates say, could open the do...
Published: 04/20/18
Florida unemployment at 3.9 percent for sixth straight month

Florida unemployment at 3.9 percent for sixth straight month

For the sixth month running, Florida’s unemployment rate held at a nearly 11-year low of 3.9 percent in March as steady job gains continued. While many factors kept Florida’s economy chugging along, three industries stand out for leading year-over-ye...
Published: 04/20/18
Owners say new house is a disaster; developer accuses them of ‘online terrorism’

Owners say new house is a disaster; developer accuses them of ‘online terrorism’

ST. PETERSBURG --- Stretched across the front of Tim and Hyun Kims’ two-year-old house is a big banner with the name of a developer and the words: "I have to fix my new house."Some of what needs fixing is instantly apparent. The front steps are too ...
Published: 04/20/18
Florida hits a milestone: More than 100,000 people are registered to use medical marijuana here

Florida hits a milestone: More than 100,000 people are registered to use medical marijuana here

Florida has hit a milestone of sorts as it slowly moves toward wider availability of medical marijuana.The number of patients in the state who are registered to use the substance has surpassed 100,000 for the first time, according to Florida Departme...
Published: 04/20/18
Q&A: Walmart leader chats about Florida stores, and the chain’s latest retail strategy

Q&A: Walmart leader chats about Florida stores, and the chain’s latest retail strategy

The Tampa Bay Times recently sat down with Walmart director of corporate communications Phillip Keene to chat about the retail giant’s latest retail strategies and how the company is winning over customers in a competitive market.Already, two of the ...
Published: 04/20/18
SunTrust warns 1.5 million clients of potential data breach

SunTrust warns 1.5 million clients of potential data breach

Associated PressNEW YORK — SunTrust Banks Inc. says accounts for 1.5 million clients could be compromised following a potential data breach. The Atlanta bank says that it became aware of the potential theft by a former employee and that the investiga...
Published: 04/20/18
Spring break, hurricane relief boosted Tampa Bay hotels in March

Spring break, hurricane relief boosted Tampa Bay hotels in March

The Tampa Bay area’s hotel occupancy rate rose to 87.5 percent in March, the highest level in three years. The rise was fueled by spring break vacationers as well as insurance adjusters and hurricane cleanup crews flooding the state to restore it aft...
Published: 04/20/18