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.

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