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. 

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.

"Let's Bring Super Fast Internet To" sign
Google Fiber

Last week, Google parent company Alphabet made it official: It’s suspending the expansion of its super-high-speed Google Fiber internet into Jacksonville and 10 other cities.

trees down in Jacksonville during Hurricane Matthew
Cyd Hoskinson / WJCT News

Many Northeast Florida residents are making calls to their insurance companies after Hurricane Matthew. WJCT Business Analyst John Burr spoke to one local agent about how big storms affect the industry. He tells News Director Jessica Palombo about it in this week’s Business Brief.


Yellow Cab Boulder's new zTrip car
Yellow Cab Boulder

Jacksonville taxi services are rebranding themselves and stepping up their tech game to compete with app-based Uber and Lyft.

The makeover is part of a backlash against what’s called the “sharing economy.”


building facade
Ebyabe

Jaguars owner Shad Khan recently took control of the historic Barnett Tower in downtown Jacksonville, ending a seven-year effort by developer Steve Adkins to renovate the building.

wawa sandwich
Wawa via Instagram

If you’ve been to a  Northeast Florida gas station convenience store lately, most likely it was large and well-lit, with lots of food and drink choices. Gate, RaceTrac and Daily’s are big players in the local market, and they’re about to get some stiff competition as Northeastern chain Wawa prepares to enter the Jacksonville area.

condos
Jim via Flickr

In the last WJCT “Business Brief,” we heard from the Northeast Florida Regional Council’s Brian Teeple about explosive commercial growth, particularly in St. Johns County.

This week, Teeple says that kind of growth requires a shift in the way we build places to live, work and shop.


architects' rendering of Durbin Park
Gate Petroleum

A giant shopping, office and residential development is coming to northern St. Johns County along I-95.

In this week’s Business Brief, WJCT business analyst John Burr tells News Director Jessica Palombo, that’s one of the fastest-growing areas in the state.


John Burr

The big story in the tech world last week was the decision by Google to postpone the expansion of its high-speed fiber internet network in cities across the country, which includes Jacksonville.


John Burr

A Jacksonville native is now in charge of entrepreneurship for the White House Office of Science and Technology Policy.

His name is Doug Rand, and he came back to his hometown last week to talk about business at Jacksonville University.

In this week’s “Business Brief,” analyst John Burr tells WJCT News Director Jessica Palombo how Rand views the River City’s business climate from Washington.

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EverBank building
John Burr

Jacksonville-based EverBank, the largest bank based in Florida, is being sold to a company called TIAA.

In this week’s Business Brief, WJCT Business Analyst John Burr tells News Director Jessica Palombo the positives of the sale for Jacksonville should outweigh the negatives.

Students graduating
Alan Light via Flickr

Getting more people qualified for the workforce is the goal of a Jacksonville Chamber of Commerce program called Earn Up. Its efforts recently earned the Chamber a competitive national grant of $40,000 to expand its reach.

headshot
HealthDesigns.net

A recent analysis ranks Jacksonville among the country’s top 30 cities for women to open a business. In this week’s “Business Brief,” analyst John Burr tells WJCT News Director Jessica Palombo what makes the city so attractive to female entrepreneurs.


John Burr

A super-sized cargo ship was met with great fanfare when it docked in Miami over the weekend. The MOL Majesty is the first neo-Panamax vessel to reach Florida after sailing through the recently expanded Panama Canal.

Officials say it’s the payoff of more than $1 billion the state has invested in ports since Gov. Rick Scott took office, and in a news release, Scott hailed its arrival as the dawn of the "big ship era." 

But in Jacksonville, a St. Johns River dredging project aimed at ushering in the new, larger ships is having trouble setting sail.


John Burr

The year-old Edible Northeast Florida magazine is launching a series of events called Sunday Suppers.

In this week’s “Business Brief,” analyst John Burr tells WJCT News Director Jessica Palombo, the suppers are part of a growing trend among print media companies to try to engage readers beyond the page or computer screen.


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