Business

Business
4:25 pm
Fri July 18, 2014

Job Numbers Released; Florida Trending Upward

Credit www.flickr.com

Florida is leading the nation in job growth, adding more than 37,000 jobs this month. The Tampa Bay area has added over 25,000 jobs in the last 12 months, third among metro areas in Florida, according to state officials..

A rise in jobs means a dip in the unemployment rate, the statewide unemployment rate for 2014 is 6.2 percent, down from 7.4 percent in June 2013. Jesse Panuccio, Executive Director of the Florida Department of Economic Opportunity, says the job picture is trending upward.

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Business
1:34 pm
Fri July 18, 2014

Florida Unemployment Rate Higher than U.S. Rate

Florida's unemployment rate is now higher than the national rate.

The state's jobless rate in June was 6.2 percent. That's a slight dip from the previous month when it was 6.3 percent.

But the national unemployment rate is 6.1 percent. This is the first time in more than a year that Florida's rate is higher than the national rate.

The good economic news is that the state led the nation in job growth according to the U.S. Bureau of Labor Statistics.

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4:49 pm
Tue July 15, 2014

Selig: Rays Can Make Succeed - With New Stadium

Lead in text: 
Speaking shortly before the final All-Star Game he'll oversee as Major League Baseball commissioner, Bud Selig again said Tuesday that the Tampa Bay Rays need a new ballpark. TBO.com reports Selig said he'll leave any decisions on if and where a new stadium would be built up to Rays owner Stuart Sternberg.
Outgoing baseball commissioner Bud Selig said the Tampa Bay area has the demographics to succeed as a major-league market but reiterated the Rays' need for a new ballpark. However, after years of vocal disappointment from his office over low attendance and the need to replace Tropicana Field, Selig remarked Tuesday that he was leaving the stadium situation in the hands of Rays owner Stuart Sternberg.
Read More: http://tbo.com
Business
6:29 pm
Wed July 9, 2014

Cigar Factory Pushes Back on Proposed Regulation

Tuptim Ploysawon has worked at J.C. Newman Cigar Factory for almost five years.
Lottie Watts WUSF

Gov. Rick Scott's office is continuing to push back against cigar regulations proposed by the U.S. Food and Drug Administration. 

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Business
3:25 pm
Wed July 9, 2014

Duke Energy Holds Open House on New Crystal River Power Plant

An artist's drawing of a power plant that Duke Energy proposes to build in Citrus County. The giant plant would run on natural gas. (Duke Energy / July 8, 2014)

Duke Energy Florida will host an open house on its proposed combined-cycle natural gas plant in Citrus County Thursday.

It will be held between 3 and 7 p.m. in the Magnolia room at the Plantation on Crystal River, 9301 W. Fort Island Trail, Crystal River.

On May 13, Duke Energy Florida announced plans to construct a new combined-cycle natural gas plant in Citrus County to supply 1,640 megawatts of generation to help serve Florida's approximately 1.7 million customers in 2018.

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Business
10:13 am
Wed July 9, 2014

Study Raises Questions about Future of Tampa Cruise Industry

Carnival Cruise Lines' Legend passes beneath the Sunshine Skyway Bridge in 2009.
Credit Port of Tampa

The Tampa Bay area has three options when it comes to the future of its cruise ship industry - and two of them would cost a lot of money.

That's the conclusion reached in a Florida Department of Transportation study released Tuesday.

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Business
5:01 pm
Tue July 8, 2014

Travel & Leisure Magazine: TIA #2 Best U.S. Airport

File photo

For the second year in a row, Travel & Leisure magazine has ranked Tampa International Airport second on its "Best Domestic Airports" list.

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Business
2:31 pm
Tue June 24, 2014

How Much House You Can Buy, In 385 U.S. Cities

A Planet Money chart shows how Tampa stacks up to the most expensive cities in the country when it comes to the ratio of home prices to household income.
Credit Planet Money

On the heels of the chart showing how far your paycheck goes in over 350 U.S. cities (which was amazingly popular on our Facebook page), here's another great chart from the Planet Money folks.

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Business
5:34 pm
Sun June 15, 2014

Old Tampa Federal Courthouse Gets New Lease on Life

Steve Newborn WUSF

The old federal courthouse used to be one of the most imposing buildings in downtown Tampa. That was before federal officials decamped to a new skyscraper and left the old building to the harsh Florida elements. After being left empty for for decades, the courthouse is now the Le Meriden hotel. Today's grand opening has been a long time coming.

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Business
3:44 pm
Fri June 13, 2014

Look Out Spider-Man, Captain Citrus is Coming

Captain Citrus, Away!

Marvel Comics, the creative home of Spider-Man, the Avengers, and the X-Men, might soon revamp the Florida Department of Citrus' own caped crusader.

The state agency, as it redirects marketing dollars to help juice the industry's sales, expects to finalize talks in the next few weeks with the Disney-owned company on a contract worth about $1 million to redesign Captain Citrus from a rotund creature from the Planet Orange into a male superhero.

Department spokesman David Steele said the goal is to transform the state program into a global brand.

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Business
4:47 pm
Tue June 3, 2014

New Shelter Offers More Beds for Domestic Violence Abuse Victims

Community Action Stops Abuse (CASA) broke ground on its new shelter this morning. The shelter is set to open July 1st, 2015.
Credit Yoselis Ramos / WUSF

Community Action Stops Abuse (CASA) broke ground on its new shelter for victims of domestic violence Tuesday morning. With an increasing number of domestic abuse cases in Pinellas County, providing refuge for victims has become a challenge for CASA's current thirty-bed shelter.

CASA's director of advancement Nicole Worthington hopes that its new, 100-bed shelter will give more victims a safe place to call home.

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Business
4:39 pm
Mon June 2, 2014

Expansion Planned for Shelter for Abused Women, Children

Community Action Stops Abuse (CASA) is holding a groundbreaking Tuesday to give abused women and children a place to live.

The shelter, located in St. Petersburg, is no longer adequate to serve the number of people who need help.

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12:34 pm
Thu May 29, 2014

Has Florida Found the Secret to Saving the Economy?

Lead in text: 
Florida is surging because tourism leaders massively reinvested in their businesses throughout a recession that took statewide unemployment to 11.4%. When consumers had money again, Orlando and Miami had new stuff for tourists to do, from Harry Potter to Legoland, with new attractions opening every season. Those new products, created because tourism players large and small had the guts and vision to invest when Orlando’s hotel occupancy fell below 50%, drew new customers and ignited 600,000 new jobs.
Ask your kids: Harry Potter's magic can save the world. Or you can ask Rick Scott: Harry Potter has recently done more than a little to create the mini-boom that has turned Florida into one of the nation's three fastest-growing states, giving Scott a fighting chance to hold on the to governorship this fall.
Business
3:58 pm
Wed May 28, 2014

Buccaneers Owner Malcolm Glazer Dies

Malcolm Glazer

The Tampa Bay Buccaneers are reporting that long-time owner Malcolm Glazer has died. Buccaneers.com says Glazer passed away Wednesday. Here's their report:

The Tampa Bay Buccaneers are saddened to announce the passing of Owner/President Malcolm Glazer earlier this morning at the age of 85.

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Business
10:53 pm
Tue May 20, 2014

Megabus Arrives, Bringing Bargain Fares

Passengers wait to load their luggage onto the bus.
Yoselis Ramos WUSF

It's now possible to get to Orlando or Miami from Tampa for less than it costs to drive with the arrival of a new  inter-city bus service called Megabus.  To celebrate its arrival in Tampa, the company has been offering $1 fares during the first two weeks. That drew a crowd to the Marion Transit Center in downtown Tampa recently, and WUSF was there to see what the new bus service was like.

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