Business Brief

Jessica Palombo / WJCT News

Northeast Florida’s restaurant scene is heating up, with a new eatery’s being announced seemingly every day.

The latest addition is a "modern Italian" restaurant called Il Desco opening Thursday, Nov. 12, in Riverside in the space that used to be Pele's pizza joint.


New York Stock Exchange trading floor
Scott Beale/Laughing Squid

The U.S. stock market has been volatile lately, and that’s causing some investors to become skittish.

In this week’s Business Brief, analyst John Burr tells WJCT News Director Jessica Palombo how one First Coast wealth manager, Riverplace Capital Management's Peter Bower, is helping calm their fears. 

Gas price sign advertising $1.99 gas
Mike Mozart via Flickr

Low gas prices around the First Coast have drivers celebrating at the pump.

But as business analyst John Burr explains in this week’s "Business Brief," prices are actually inflated a bit in Florida.

He told WJCT News Director Jessica Palombo what’s keeping them from being even lower.

Photo credit: "Low Cheap Gas Price"  used under Creative Commons license.   

Business Brief: Riverside Transformation Picks Up Pace

Sep 21, 2015
Exterior
Fans & Stoves via Facebook

Big changes are coming to Jacksonville’s Five Points area. Among them, the antiques mall Fans & Stoves is being forced to relocate because a Miami developer bought its building.

Business analyst John Burr tells WJCT News Director Jessica Palombo, the quirky neighborhood began its commercial transformation more than a decade ago when a Publix supermarket opened next to Memorial Park—and today the rapid changes are making some long-time tenants nervous.

Jacksonville Jaguars

Sunday was the first home game of the Jacksonville Jaguars’ regular season. The Jacksonville Chamber of Commerce celebrated the return of football with a pep rally last week.

But what effect the team has on business in the River City remains murky.

In this "Business Brief," analyst John Burr explains the team’s economic impact to WJCT News Director Jessica Palombo.

Last week, Florida Lieutenant Governor — and Senate hopeful — Carlos Lopez-Cantera stopped in Jacksonville. The only meeting on his schedule that day was at the Jacksonville Chamber of Commerce.

In this week’s Business Brief, analyst John Burr tells WJCT News Director Jessica Palombo, the meeting is just one example of how the Jax Chamber is getting more involved in politics.

Bonnie Zerr / WJCT

  Last week, the One Spark crowdfunding festival eliminated most of its full-time staff.

In this week’s Business Brief, analyst John Burr tells WJCT News Director Jessica Palombo the festival’s future is uncertain.


Barnett exterior
Steve Atkins

Jaguars owner and investor Shad Khan is suing the developer of downtown’s Barnett Tower over money he lent to help develop the still-empty building, as first reported in the Florida Times-Union.

In this week’s Business Brief, analyst John Burr shares why the suit against Steve Atkins also calls into doubt his planned development of other historic buildings called the Laura Street Trio. 

American Advisors Group / Flickr

In this week’s Business Brief, analyst John Burr shares updates WJCT News Director Jessica Palombo on the real estate market in Northeast Florida. Burr says it's a seller's market, but that shouldn't stop people who are interested in buying a home.

Photo credit: "House Sold" by American Advisors Group is used under CC BY-SA 2.0.

Michael Rivera / Wikimedia Commons

A disagreement over expanding Medicaid in Florida is blamed for the Florida House of Representatives’ going home without passing a budget last week.

In this week’s Business Brief, analyst John Burr shares with WJCT News Director Jessica Palombo why private insurance companies are rooting for the expansion of government health care in the Sunshine State.

You can follow Jessica Palombo @jessicapubradio.

Meredith Fordham Hughes / JAXPORT/Flickr

The Jacksonville City Council is considering financial incentives for local businesses that increase their exports through JAXPORT. In this week’s Business Brief, analyst John Burr shares with WJCT News Director Jessica Palombo what’s behind the export push.

You can follow Jessica Palombo @jessicapubradio.

 A coalition of business groups has sent a letter to Florida Governor Rick Scott and legislative leaders. The businesses, including Jacksonville-based Florida Blue, are pleading for a law banning workplace discrimination against LGBT people.

In this week’s Business Brief, analyst John Burr shares with WJCT News Director Jessica Palombo how the issue has been playing out in the Jacksonville mayor’s race.

Ilya / Flickr

As natural gas is expected to fuel more vehicles, it’s also expected to help fuel the economy on the First Coast.

man and women at conference table
Kompentenzzentrum Frau und Beruf via Flickr

At today's Generation W Women’s Leadership Conference, WJCT Business Analyst John Burr moderated a panel discussion about women in business leadership.

In this Business Brief, he tells News Director Jessica Palombo how the experience changed his view of what it means to be a feminist, what men should do to encourage equality at work and what it means for a business' bottom lines. 

News4Jax

Tuesday, March 24 is Election Day in the Duval Unitary First Election. In this election, incumbent Democratic Mayor Alvin Brown is facing three contenders for his current job: Omega Allen with no party affiliation and Republicans Lenny Curry and Bill Bishop.

In this week's Business Brief, analyst John Burr and WJCT News Director Jessica Palombo talk about the Jacksonville mayoral election. Burr shares which of the four candidates is getting the most support from Jacksonville's business community.

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