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Thursday's Daily Pulse
What you need to know about Florida today
› TIAA Bank laying off 48 more Jacksonville workers
For the third time in less than six months, TIAA Bank filed a notice saying it is laying off employees as it exits the mortgage business. The latest notice filed May 28 under the Worker Adjustment and Retraining Notification Act said the Jacksonville-based bank is laying off an additional 48 workers. TIAA filed a Dec. 20 WARN notice saying it was cutting 59 jobs as it discontinued its mortgage servicing business unit and an April 26 notice saying 90 workers would lose their jobs as the bank ends its home lending business.
› Miami won’t have 4th of July fireworks downtown. Expect a smaller neighborhood show.
One of the largest Fourth of July fireworks displays in Miami-Dade County won’t take place this year after officials decided COVID still poses too much of a threat to open Bayfront Park to tens of thousands of visitors. “To ensure the safety and health of our residents during the COVID-19 pandemic, the Bayfront Park Management Trust will not be moving forward with the Fourth of July” fireworks show, Jose Solano, the Trust’s executive director, told the Miami Herald.
› $80 million program to boost expansions and jobs opening to applicants
Pinellas County Economic Development will open a second round of funding June 2 for its $80 million Employment Sites Program. The project was created to help companies with the construction or redevelopment of industrial and office buildings as an economic driver and way to “attract new target industry employers” to the county, according to a statement. The first round of funding, which opened Jan. 11, brought in proposals that will create over 216,350 square feet of industrial space and 120,000 square feet of redeveloped offices, the release states.
› Universal Studios adds Olympic flair, sushi to tout Tokyo Games
Universal Studios is displaying Olympic fever. The theme park has added visual touches for the upcoming Tokyo Games and food options, including sushi. The park currently is fronted by a medallion in the entrance arch, a spot typically held by Halloween Horror Nights and Mardi Gras signs in the past. The Tokyo disc incorporates subtle images of the city and Mount Fuji.
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