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. 

JEA power plant
JEA

JEA recently announced it will close a coal-fired power plant on Jacksonville’s Northside, which came online in the late 1980s. With the complex’s closure, about 200 people will lose their jobs.

The plant’s closure after nearly 30 years of service is not surprising in today’s energy climate. If you’ve been paying attention to the electric power generation business, coal fired power plants are closing all across the country.


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.


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