The move by the Legislature to eliminate the state business rent tax is drawing high praise from business advocacy groups. Some local governments say it will hurt municipalities because of lost tax revenue.

Jabil, an electronics manufacturing company based in St. Petersburg, will invest $500 million over the next several years to expand its cloud and artificial intelligence data center infrastructure.

Downs & St. Germain recently presented six key investment strategies for the Duval Tourism Development Council and Visit Jax to further extend tourism in Jacksonville and Duval County.

St. Petersburg-based Patriot Select Property and Casualty Insurance Co., which started selling policies earlier this month, has picked up nearly 12,000 homeowners “multi-peril” insurance policies from Citizens Property Insurance Corp.

Despite the hotel industry anticipating a slowdown, Miami is expected to overcome headwinds. A lot of uncertainty revolves around the outlook for the summer.