Business Brief

Mondays during Morning Edition

Every week, WJCT News Director Jessica Palombo talks with business analyst John Burr about the latest business trends affecting the First Coast. 

John Burr

As diplomatic relations improve between Cuba and the U.S., more and more people are traveling to the island nation.  Among them is WJCT business analyst John Burr, who traveled there recently with a group from his church. 


John Burr

"Localnomics” is the idea that cities’ and businesses’ working together is the best way to solve long-simmering economic problems. The concept was discussed last week at a meeting of the Jacksonville World Affairs Council.


CSX train
Nate Beal / Wikimedia Commons

This week, the board of the Jacksonville-based CSX railroad will consider a company takeover.

CSX is the largest publicly owned company in town and North America’s third-largest railroad, valued at $43 billion. About 3,500 employees work for the company in Northeast Florida.


Financial News and Daily Record logo
Financial News and Daily Record

Jacksonville’s Financial News and Daily Record is under new ownership as of this month. It was the last Jacksonville newspaper owned by a local family.


golfer
Bfi Bussiness Furniture via Flickr

Jacksonville’s Hidden Hills Country Club is opening its golf course to the public after suffering declining membership. Arlington’s Hidden Hills is just the latest indication that golf as a business is in the rough.


coaches standing by field with TV camera
John Burr / WJCT News

The Jacksonville Jaguars on Thursday introduced new leadership after the firing of head coach Gus Bradley. The team is counting on former Coach Tom Coughlin to give it the shot in the arm that’s been missing since he left more than a decade ago.


San Marco lion fountain
Lindsey Kilbride / WJCT News

A long-planned mixed-use development called East San Marco is finally proceeding in the historic Jacksonville neighborhood after building permits were issued last week.

exterior of Murray Hill Theatre
Mike via Flickr

It’s a new year, and I'm predicting big things for Northeast Florida.

Among them: the first sighting of a boom economy in a decade, high consumer confidence, more home construction and gas prices’ staying relatively low.

WJCT News

Jacksonville’s Metropolitan Park could soon be developed into a shopping and residential area across from EverBank Field. The city is planning to solicit development proposals starting in January for the park and neighboring Shipyards property.


News4Jax

Online retail giant Amazon is planning to build two Jacksonville distribution centers — with the latest slated to go near the Cecil Commerce Center on the city’s Westside.

It’s the latest example of industrial development’s booming at the site of the former Navy base.


River Club dining room decorated for a wedding
Gate Hospitality

The University Club on Jacksonville’s Southbank is closing this month after nearly 50 years of offering its members full-service dining with a spectacular skyline view.


John Burr

One of the most successful businesses based in Jacksonville doesn’t do any business in Jacksonville —or even the U.S.

This is the story of APR Energy.

cat sitting at computer keyboard
Lis Ferla via Flickr

With the holiday shopping season already underway, internet hackers and scammers are expected to be busy, too.

Listen to this story on Redux

Klempf at egg plant
John Burr

Jacques Klempf has made a name for himself in the Jacksonville restaurant business. From Bistro Aix to Il Desco, his eateries are destinations where people go to celebrate. This week,  Klempf talked to WJCT about selling his family’s other business, the Dixie Egg Co.


GE

General Electric employs more than 400 full-time workers at its oil- and gas-drilling services plant on Jacksonville’s Westside.

General Electric shook up the financial world last week with its takeover of a Texas-based oil- and gas company called Baker Hughes, creating a combined company with annual revenue of $32 billion and 70,000 employees.

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