Florida sees biggest rise in people quitting their jobs
For the second month in a row, Florida saw an uptick in people quitting their jobs, new data from the Bureau of Labor Statistics showed. In August, 28,000 more Floridians quit their jobs than did in July, going from 264,000 to 292,000—a 0.3 percent change that represents the biggest rise in quitting rates that month compared to other states. [Source: Newsweek]
Despite Florida’s difficult storm season, stone crab season is clawing ahead
Come fall, stone crabs take to hustling along the sandy bottoms, rocky outcrops, and seagrass beds along the Atlantic coast during their winter migration. And fishermen are hustling to catch them, especially in Florida, which provides nearly all of the nation’s haul of stone crab claws—a Southern delicacy that represents the most expensive domestic seafood in the country in dollars per pound. More from Garden and Gun and Undercurrent News.
When will Florida's early voting be counted and when will we know results?
More than 1.3 million Floridians have already cast their vote in the Nov. 5 election, according to early numbers from the state's Division of Elections. Nearly 1.17 million voters have already sent in their vote-by-mail ballots, out of over 2 million requested. And more than 377,000 people cast their vote Monday when early voting began in most Florida counties. [Source: Florida Times-Union]
Business owners in Florida disaster areas should be wary of possible scams
The devastation of Hurricanes Milton and Helene have opened the floodgates for people seeking disaster relief. Along with that comes the danger of fraud. The Federal Trade Commission, Department of Justice and the Consumer Financial Protection Bureau are all warning consumers to be wary of identity theft, price gouging and other fraud. Small business owners should stay alert too and recognize that the scammers can strike both online and in person. [Source: AP]
Tupperware cancels auction, agrees to lender takeover
Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief, canceling its plans for an open-market auction of its assets. The Orlando, Florida-based company filed for bankruptcy protection last month, with $818 million in debt and a plan to find a buyer within 30 days. But a faction of Tupperware's lenders opposed the company's sale plans, seeking instead to claim the assets for themselves. [Source: Reuters]
Comcast - Florida's technology leader
Rapid population growth is fueling development and economic opportunities across the Sunshine State. Connecting new communities to a state-of-the-art network is key for long-term success. This is why business, municipal and residential customers rely on Comcast and their thousands of employees to keep them connected to the world. [Sponsored report]
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ALSO AROUND FLORIDA:
› Tampa insurance exec says Milton 'is not going to put anyone out of business'
Hurricane Milton will test the resiliency of Florida's property insurance market, but it won't be the devastating blow that many analysts are expecting, according to some insurance executives. Early estimates placed Milton among the top five costliest storms to make landfall in the U.S., with insured losses in the range of $30 billion to $50 billion.
› Distrust in the financial system leaves some underbanked in Central Florida
Hispanic and Black households are four to five times more likely than white households to be unbanked or underbanked, which means they use less or no traditional financial services like credit cards and bank accounts. Those who are underbanked often turn to alternative methods of financing like payday loans and pawn shops, according to Sean Snaith, University of Central Florida’s Institute for Economic Forecasting Director.
› Sony acquires Boca-based sportstech KinaTrax
KinaTrax, a leader in markerless motion capture technology that tracks in-game biomechanical performance data for athletes, has been acquired by Sony Corporation and will be incorporated into Sony’s sports businesses. The Boca Raton-based company will be partnering with Hawk-Eye Innovations Limited, a part of Sony’s sports businesses that also includes Beyond Sports and Pulselive.
› Amazon announces 12,000 seasonal job openings across Florida
As we approach the holiday season, Amazon announced Monday 12,000 seasonal positions across Florida. The company is expected to hire around 1,000 employees in Tampa, St. Pete, and Clearwater and 1,000 in Lakeland and Winter Haven. Also in Florida, roughly 2,000 employees are anticipated in South Florida, 2,000 in Jacksonville, and 1,000 in Palm Bay, Melbourne, and Titusville.
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› Christmas is canceled, Miami: Santa’s Enchanted Forest will not return this year
Santa’s Enchanted Forest will not be delighting visitors with its “games, food, shows, nativities” this year. On its Instagram account, Miami’s longtime Christmas-themed amusement park announced that it won’t return for the holiday season.
› Billionaire Richard Branson invests in Space Perspective, to fly on its 1st human space balloon flight
Richard Branson already saw the blackness of space traveling at nearly Mach 3 with his company Virgin Galactic. Now he’s going to take a slower approach. The billionaire is investing in Space Perspective, the Space Coast-based space balloon venture, and will join its founders on the space tourism operation’s first human test flight planned next year.
› Why a Georgia-based bank expanded into Jacksonville
The Claxton Bank, which branded itself locally as TCB, announced its expansion to Jacksonville last week and debuted its new home downtown. TCB provides commercial and consumer banking and lending solutions, with products and services including checking and savings accounts, treasury management, commercial real estate financing, among others.
› After hurricanes, Tampa Bay area Halloween event planners hope to bring kids some normalcy
As neighborhoods mop up after two hurricanes in the Tampa Bay area, many are trying to give kids a somewhat normal Halloween. From events, like this weekend’s Halloween on Central and the Riverwalk Trick or Treat, to options on Halloween night that use public parks and parking lots for trick-or-treating, there are plans in the works to get the candy flowing.