Friday, October 19, 2018


Richard Danielson

Richard Danielson

Richard Danielson covers business news, including economic development, Tampa International Airport, Port Tampa Bay and the Water Street Tampa project near downtown Tampa. Since joining the Times in 1987, he has covered Tampa City Hall (twice) as well as local government in Pinellas and Pasco counties, state and federal courts and higher education. He also has worked as a general assignment reporter and as the Times’ Palm Harbor bureau chief and Clearwater city editor. In his last assignment at City Hall, he was the main contributor to PolitiFact Florida’s Buck-O-Meter, which tracks Tampa Mayor Bob Buckhorn’s performance on 34 campaign promises.

Tampa Bay Lightning owner Jeff Vinik is the lead investor in a $30 million round of fundraising for Silk Inc., a Boston-based company that has a line of skin care products made with non-synthetic chemicals and is looking to expand into textiles with bio-friendly replacements for petrochemical treatments and coatings used on fabrics. JAMES BORCHUCK  |  Times

Jeff Vinik invests in another tech startup focused on health and wellness

TAMPA — Tampa Bay Lightning owner Jeff Vinik has made a series of investments in companies focused on health, wellness and technology in industries ranging from construction to medicine, and from fitness to radiation protection.He’s at it...
Updated: 1 hour ago
Economic development professionals say Tampa's efforts to land corporate relocations and expansions would be helped by passage of the All for Transportation sales tax referendum on Nov. 6. That's because they say more mass transit options and less gridlock would make the urban core a more welcoming place for young professionals to live. And that, in turn, would build a critical mass of local talent that would encourage new business to move here. (Times files)

Want more millennials and corporate expansions in Tampa? Pass All for Transportation, supporters say, to fix what’s broken

TAMPA — The political committee calls itself All for Transportation, but a growth-minded slice of Tampa’s business elite says passing a 1-cent sales tax increase for road, safety and transit projects is about a lot more than getting around.It’s...
Published: 10/18/18
Jamie Lawless will be the executive director of the new business services center that the global law firm Baker McKenzie plans to open in Tampa. (Photo via Baker McKenzie)

Giant law firm Baker McKenzie picks Tampa for business services center with 300 new jobs

TAMPA — Baker McKenzie, a global law firm with 13,000 employees in more than 40 countries, said Wednesday it would open a new business services center in Tampa with more than 300 new jobs by early 2020.The hub will provide support to the firm...
Published: 10/16/18
Updated: 10/17/18
The Cross-Bay Ferry cruises along the Vinoy Yacht Basin as it heads toward Tampa after a 3 p.m. departure from downtown St. Petersburg last winter. This coming winter, the ferry will dock behind the Florida Aquarium in downtown Tampa because its dock at the Tampa Convention Center will be closed for construction. SCOTT KEELER   |   Times

Cross-Bay Ferry returns Nov. 1 with lower prices and later voyages

The Cross-Bay Ferry returns Nov. 1 with lower ticket prices and voyages that sail later for dinner-time and evening-out trips to Tampa and St. Petersburg.One-way fares will be $8 for adults — $2 less than during the ferry’s first season two...
Published: 10/16/18
Southern Airways Express will begin flying between Tampa and West Palm Beach starting Nov. 8. (Photo courtesy Southern Airways)

Southern Airways launching Tampa-to-West Palm Beach flights

TAMPA — Southern Airways Express said Tuesday it will launch air service between Tampa and West Palm Beach on Nov. 8, just three days after another carrier discontinues the route.Southern Airways, the third largest commuter carrier in the...
Published: 10/16/18
Tampa International Airport has surpassed the 20 million-passenger mark for the first time ever, closing out its budget year with more than 21 million passengers over a 12-month period. ANDRES LEIVA   |   Times

Tampa International Airport tops 20 million passengers in a year; St. Pete-Clearwater has biggest September ever

Tampa International Airport has surpassed the 20 million-passenger mark for the first time ever, closing out its budget year with more than 21 million passengers over a 12-month period.The airport exceeded its own expectations on Sept. 30 when...
Published: 10/15/18
A screen above a trading post on the floor of the New York Stock Exchange shows the closing number of the Dow Jones industrial average on  Wednesday. The Dow Jones Industrial Average plunged more than 800 points, its worst drop in eight months, led by sharp declines in technology stocks. (AP Photo/Richard Drew)

Stock market drops for a second straight day, dragging many Tampa Bay area stocks down with it

Stocks fluctuate, and on Thursday, they fluctuated downward for a second straight day, dragging share prices for many of the Tampa Bay area’s biggest publicly traded companies with them.Among major local companies, Raymond James Financial saw...
Published: 10/11/18
Jim Ferea, left, United Airlines managing director of domestic planning, and Tampa International Airport CEO Joe Lopano, right, announce plans in 2016 for United to start new nonstop flights between TIA and San Francisco. Since their launch in early 2017, traffic has grown, fares have dropped and United has decided to increase the number of daily flights from one to two. OCTAVIO JONES | Times (2016)

Another United Airlines’ Tampa-to-San Francisco flight opens possibilities for business travelers and those heading to Asia

TAMPA — With demand from travelers rising, Tampa International Airport announced Thursday that United Airlines will double its Tampa-to-San Francisco service from one to two flights a day starting next June."This new service reflects the...
Published: 10/11/18
Coastal Construction Group is launching a program to help employees pay off their student loans early. It's a way of showing appreciation and helping to retain employees in a competitive construction labor market, but also is a recogniition of how serious a probelm student loan debt is, says Coastal executive vice president Patrick Murphy, a former member of the U.S. House of Representatives shown here during a Tampa campaign stop during his unsuccessful run for Senate in 2016. CHARLIE KAIJO   |   Times (2016)

In a tight labor market, Coastal Construction launches new benefit: Help workers repay student loans

TAMPA — With $50,000 in student loan debt, Ariel Casas couldn’t have been happier to open the email he got last week from his employers at Coastal Construction Group."I called my boss to make sure it was for real," said Casas, 28, who works in...
Published: 10/08/18
Photo by Morgan & Morgan
Joel Capote suffered career-ending injuries in a crash that wrecked his Mack truck in 2016, his lawyer said.

Self-employed trucker wins $3 million verdict after career-ending crash

TAMPA — A Hillsborough County jury has awarded $3.38 million to a self-employed commercial truck driver whose career ended in a crash that took place when an oncoming trucker drifted into his lane.Joel Capote, 49, of Lutz suffered multiple...
Published: 10/05/18
Updated: 10/08/18