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Tag: Business

Current Builders’ Uptown Boca Project Offers Key Lessons for Florida Construction Industry

POMANO BEACH, Fla. /Florida Newswire/ — Current Builders completed its largest construction project commission on-time, during the pandemic thanks to the firm’s excellent communication strategies, tech savvy, and smart contingency planning. Uptown Boca is the most ambitious development constructed in western Boca Raton in the last 20 years. The 38-acre site features a mixed-use program of approximately 156,000 square feet of retail and restaurant space along with 456 luxury rental units and two parking garages. The project is transformational for Palm Beach County and the pressure...

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Fisher-Price recalls baby soothers & gliders after 4 infant deaths

Fisher-Price has recalled models of its baby soothers and gliders after the deaths of four infants who were reportedly left on their backs unrestrained and later found on their stomachs. In a joint statement with the US Consumer Product Safety Commission (CPSC), the company announced on Thursday the recall of the Fisher-Price 4-in-1 Rock ‘n Glide Soothers and 2-in-1 Soothe ‘n Play Gliders, CNN reports. The statement said the reported deaths occurred in 4-in-1 Rock ‘n Glide Soothers between April 2019 and February 2020: A 4-month old in Missouri, a 2-month old in Nevada, a 2-month...

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Amazon Prime Video Removes Indie Film About Global Persecution of Christians

TAMPA, Fla. /Florida Newswire/ — For nearly two years, the indie documentary, “Christians in the Mirror,” produced by Joshuacord, Inc. and In Altum Productions, streamed on Amazon Prime before it was removed without warning or explanation. Its producers want to know why. “Christians in the Mirror” examines the plight of persecuted Christians throughout the world and includes interviews with religious leaders and persecuted Christian families in Syria, India, Iraq, South Sudan, and Egypt. The goal of the film is to educate Americans about the widespread persecution...

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Shares of ‘Baby Shark’ investor soaring after tweet from Elon Musk

NEW YORK / CNBC — Shares of Samsung Publishing, a major shareholder in the producer of “BabyShark,” spiked on Wednesday after a tweet by Tesla CEO Elon Musk about the viral children’s song. The South Korean shares soared more than 10 percent at one point during regular trading on Wednesday, before closing out 6.29% higher. The company has no affiliation with South Korean conglomerate Samsung Group, even though they share the Samsung name. Wednesday’s gains came on the back of a tweet by Musk on Tuesday morning Asia time, which said: “Baby Shark crushes all! More views...

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beycome announces more than 5,000 houses sold in May 2021

MIAMI, Fla. /Florida Newswire/ — beycome, the digital brokerage that empowers consumers to be their own real estate agent, announced it surpassed the mark of 5,000 homes sold last month. Since its launch in 2017, beycome has saved consumers over $71 million in real estate commissions. The digital service prioritizes service and support over sales. “The focus of our company is to help homeowners become their own real estate agent. With our technology, they handle all negotiations and showings themselves, which in turn allows them to get the most out of their sale. Our users close...

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AMC latest “meme” stock to hit a rally, jumping 17% after selling shares to investor

NEW YORK, N.Y. / CNBC — AMC Entertainment shares surged again on Tuesday when the theater chain sold more than 8 million shares to an investment firm, the latest in a series of capital raises for the struggling company turned ‘meme’ stock. The purchase by Mudrick Capital Management helped AMC raise $230.5 million. AMC officials said that they would be using the funds for potential acquisitions, updates to existing theaters, and deleveraging its balance sheet. Shares were up 17% in premarket trading. AMC was hit hard during the pandemic when their movie theaters shut in most...

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Construction industry faces worker shortage

FORT MYERS, Fla. – The construction industry is sounding the alarm that it is in the grips of a worker shortage.  The matter is so serious that some companies are turning away work because they can’t meet the demand. It’s the latest problem the industry has had to confront including a shortage in lumber and air conditioning units and parts. Leland Osborne can have his pick of jobs right now in the construction industry. “I started out working in our sheet metal shop,” Osborne said. “I worked out there for about a year and a half.” He currently...

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Four tips to get the best price with Florida’s hurricane prep sales tax holiday

Florida’s sales tax holiday for hurricane supplies starts Friday and runs through Sunday, June 6. Before you go to the store though, you should be aware of a number of caveats and exceptions on what you can buy and not pay sales tax on.  Let’s examine four tips to make you a more savvy shopper. Tip one: It’s not carte blanche  Florida’s sales tax holiday is not offered carte blanche. Only certain items are allowed to be sold without sales tax as determined by the State of Florida. What qualifies isn’t up to the store’s discretion, and it’s not up to...

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Property meant for Margaritaville’s satellite lot sold amid financial trouble

FORT MYERS BEACH, Fla. – The company managing the Margaritaville Resort’s construction project announced they are restructuring. Residents on Fort Myers Beach have been anxiously awaiting the highly anticipated resort construction to start. Right near the intersection of Pine Ridge Road and San Carlos Blvd, you can still see the sign from TPI Hospitality, advertising their plans for a plot of land there, but now, that plan is no more.  “That’s probably the least of our concerns right now,” Fort Myers Beach Mayor Ray Murphy said. “The major...

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Labor shortage crisis cripples some SWFL businesses

LEE COUNTY, Fla. – A labor shortage crisis is crippling some businesses in Southwest Florida. Simply put, there are more jobs than workers. Some people are blaming that on the $1,200 a month in federal unemployment that is set to end. The job placement firm Career Source warns that ending unemployment funds won’t solve the labor shortage. Employment experts reveal the problem is much more complex. The worker shortage crisis is affecting more than just businesses. It’s affecting employees too.   Bubba’s Roadhouse and Saloon employees like many in the industry are working...

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