Monday, October 15, 2018

Business News

What Red Tide? New Florida tourism campaigns promote museums, craft beer and local experiences
Ferrell Alvarez, center, enjoys drinks outside Tampa's Ulele. Visit Florida has launched a new campaign targeting millennials interested in experiencing Florida like a local.
[Video screen grab courtesy of Visit Florida]
Visit Florida’s latest ad campaign doesn’t feature sprawling beach scenes with toes in the sand. Instead, look for craft beers, restaurants, museums and murals — a move designed to hook millennial travelers seeking to experience...
Dear Penny offers advide on dealing with debt. (istockphoto.com)
Dear Penny: My fiance spends his student loan refund like it doesn’t cost interest
CoreLogic projects that wind and storm surge caused between $3 billion and $5 billion in insured losses across all states the storm passed through. Of that, Florida is expected to account for $2.5 billion to 4 billion. Pictured is scattered debris and damage along  Shell Point Beach homes the day after Hurricane Michael struck the Florida Panhandle. [BRONTE WITTPENN   |   Times, 2018]
Report: Insured damages for Hurricane Michael pegged at $3B to $5B
More than 350,000 Floridians were still without power Friday morning according to the Florida Division of Emergency Management. Pictured is the coastal township of Mexico Beach, population 1200, lay devastated Thursday, the day after Hurricane Michael made landfall nearby and would go on to thrash the Florida Panhandle. [DOUGLAS R. CLIFFORD  |  Times, 2018]
Roughly 350,000 still without power in Panhandle Friday morning

Top Business News

Hurricane Michael reminds us it’s past time to get smarter about where we build

Hurricane Michael reminds us it’s past time to get smarter about where we build

Avoidance is a great way to mitigate risk. As in, get out of trouble’s way, or don’t be there to begin with.When it comes to hurricanes, that good advice is getting harder to heed. In Florida, we continue to build along our coasts, often just a few f...
Published: 10/12/18
Stock market drops for a second straight day, dragging many Tampa Bay area stocks down with it

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 the big...
Published: 10/11/18
Nearly 150,000 in Panhandle still without power post-Hurricane Michael

Nearly 150,000 in Panhandle still without power post-Hurricane Michael

Since Hurricane Michael’s exit from Florida, utilities in the Panhandle have been working to restore power to parts affected by the devastating Category 4 storm. As of late Thursday afternoon, roughly 140,000 remained without power in the Panhandle. ...
Published: 10/11/18
Report: Hurricane Michael insured losses could total up to $4.5B

Report: Hurricane Michael insured losses could total up to $4.5B

Panhandle residents and insurers are still making their way back to assess the damage, but some early projections are in: For Florida, Hurricane Michael likely will not be as costly as last year’s Hurricane Irma."Our expectation is that the loss is n...
Published: 10/11/18
In Tampa Bay, larger cars hold their value the best

In Tampa Bay, larger cars hold their value the best

Looking to buy a new car that holds its value? In Tampa Bay, think big. According to an analysis by iSeeCars, the bay area vehicle with the lowest depreciation over five years is a Jeep Wrangler Unlimited. They average just 26 percent depreciation ov...
Published: 10/10/18
Updated: 10/11/18

Business News

Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt

Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt

NEW YORK — Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses. Sears once dominated the American retail landscape. But the big question is whether the shrunken version of itself can be via...
Updated: 3 hours ago
Sun Dome no more: After years of struggle, can the new Yuengling Center find a soul?

Sun Dome no more: After years of struggle, can the new Yuengling Center find a soul?

TAMPA — Kelli Yeloushan slid the latest issue of VenuesNow magazine across her desk."We actually have a full-page ad that just came out today," she said.There on Page 55 of the concert industry trade mag was Yeloushan, director of events management a...
Published: 10/12/18
Updated: 10/13/18
The Times 2019 Medicare Guide

The Times 2019 Medicare Guide

It has four main parts, labeled A, B, C and D. But after that, the rules can be wickedly complex. Nearly 60 million people are using it right now. And with an estimated 10,000 people reaching age 65 each day in the U.S., that number is growing fast.S...
Published: 10/15/18
Medicare opens enrollment for 2019 with insurers focused on keeping you out of the hospital

Medicare opens enrollment for 2019 with insurers focused on keeping you out of the hospital

The annual Medicare open enrollment period kicks off today, and the news is generally good for nearly 4.4 million Floridians who rely on the program. Premiums are expected to stay roughly the same in 2019, and many plans are offering expanded perks a...
Published: 10/15/18
Nurses at HCA hospitals reach contract agreement

Nurses at HCA hospitals reach contract agreement

Registered nurses from 15 hospitals in Florida owned by the national chain, Hospital Corporation of America, have reached tentative agreements on union contract negotiations. Nurses across Florida and several other states have been picketing, and rec...
Published: 10/12/18
Facebook says hackers accessed 29M people's accounts

Facebook says hackers accessed 29M people's accounts

Facebook revealed that personal information for millions of users has been stolen by hackers.
Published: 10/12/18
Global business leaders suspend ties with Saudi Arabia

Global business leaders suspend ties with Saudi Arabia

By DANICA KIRKALONDON — Global business leaders are reassessing their ties with Saudi Arabia, stoking pressure on the Gulf kingdom to explain what happened to a dissident writer who disappeared after visiting its consulate in Istanbul. British billio...
Published: 10/12/18
Tampa apprentice works toward a brighter future in machining

Tampa apprentice works toward a brighter future in machining

Manufacturing Alliance meeting highlights the importance of training programs, need for workers.
Published: 10/12/18
Pinellas Juvenile Welfare Board still wants answers over firing of county commissioner’s wife

Pinellas Juvenile Welfare Board still wants answers over firing of county commissioner’s wife

CLEARWATER –– The Juvenile Welfare Board of Pinellas County demanded Thursday to know why the James B. Sanderlin Neighborhood Family Center fired the director of its reading program, Donna Welch, the wife of Pinellas County Commission chair Ken Welch...
Published: 10/12/18
Cancer specialist opens Haven Massage & Wellness Center in South Tampa

Cancer specialist opens Haven Massage & Wellness Center in South Tampa

SOUTH TAMPA — After losing his mother nine years ago to cancer and feeling helpless, Russell Huston knew he was destined to help people. With his background as a massage therapist since 2006 and working in chemotherapy for the last five years ...
Published: 10/11/18