News at noon: WrestleMania among many big events Tampa Bay has hosted; Tech Data’s stock price drops after releasing quarterly financial results; and more

Here are the top five latest headlines and updates on tampabay.com.
Check tampabay.com for the latest breaking news and developments.
Check tampabay.com for the latest breaking news and developments.
Published March 7

Here are the top five latest headlines and updates on tampabay.com.

WrestleMania is coming to Tampa. What other big events have we hosted?

WrestleMania is coming to Tampa. An official announcement named Raymond James Stadium as the site of WrestleMania 36. WWE superstars are slated to descend upon Tampa in April 2020. The event has come to Florida three times before (twice in Orlando, once in Miami). But this will be the first time WrestleMania is hosted here. Meanwhile, Tampa Bay has been the destination for a number of other notable events. While some of the biggest have been sports related, we’ve hosted entertainment and political spectacles as well. Here are some of the events that brought the most attention and people to Tampa Bay.

Tech Data’s stock price drops after releasing quarterly financial results

Tech Data’s share price fell more than 8 percent Thursday morning, soon after the company released its quarterly and year-end financial report. For the three months ending at the end of January, sales climbed 4 percent to $10.45 billion, though that was less than the $10.63 billion analysts expected. That helps explain the drop in share price, which began the day at $94.39. Sales for the company’s fiscal year, which also ended Jan. 31, rose 11 percent to $37.6 billion. Profits nearly tripled, topping $348 million.

Hidden FDA reports detail harm caused by scores of medical devices

The FDA has built and expanded a vast and hidden repository of reports on device-related injuries and malfunctions, a Kaiser Health News investigation shows. Since 2016, at least 1.1 million incidents have flowed into the internal “alternative summary reporting” repository, instead of being described individually in the widely scrutinized public database known as MAUDE, which medical experts trust to identify problems that could put patients in jeopardy. Deaths must still be reported in MAUDE. But the hidden database has included serious injury and malfunction reports for about 100 medical devices, according to the FDA, many implanted in patients or used in countless surgeries.

Florida’s cannabinoid oil market falls into gray area because of hemp laws

As bills aimed at creating a state hemp program make their way through legislative committees and onto the floor, advocates and sellers of cannabinoid oil, or CBD, are left scratching their heads. In December the $867 billion federal Farm Bill, among other things, classified hemp as an agricultural commodity and took it off the federal controlled substances list. But in Florida, where CBD products line the shelves of mainstay retailers like Whole Foods and GNC, hemp is still a scheduled drug. The awkward few months between the Farm Bill’s passage in December and the ongoing legislative session leaves a crucial question: What happens to CBD products and the people who sell them?

Tampa condo tower on Bayshore Boulevard gets okay to exceed height limit

With construction set to start this month, the 17-story Sanctuary at Alexandra Place on Bayshore Boulevard got a key approval Thursday from the Hillsborough County Aviation Authority. Authority members voted unanimously to allow the tower to exceed a 200-foot height limit imposed because the $40 million project, at 2619 Bayshore Boulevard, is about 2 miles west-northwest of Peter O. Knight Airport on Davis Islands. As is standard practice, the approval came with requirements to put red aviation warning lights atop the 215-foot-tall building and to correct any glare problems that arise during construction.

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