Business Brief

Business Brief: Interest Rate Hike Good For Business

Dec 21, 2015
$100 bills
Frankie Leon via Flickr

The Fed raised interest rates last week after six years of historically low rates.

In this week’s Business Brief, WJCT Business Analyst John Burr tells News Director Jessica Palombo what that means for people on the First Coast. 

Business Brief: truJAX Wants To Make Jacksonville Known

Dec 14, 2015
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  An initiative called truJAX recently announced it’s about a year into the process of coming up with a vision statement to attract business and culture to Jacksonville.

In this week’s “Business Brief” Business Analyst John Burr tells News Director Jessica Palombo, truJAX wants to let the secret out.

Jacksonville Jaguars

Jacksonville business recruiters are seeing success after a recent mission to London.

A British recruiting firm is expected to expand into the First Coast area as soon as spring.

Google announced last month it’s exploring bringing its high-speed Internet service, Google Fiber, to Jacksonville.

In this week’s Business Brief, analyst John Burr tells News Director Jessica Palombo why the Northeast Florida business community is rooting for the deal to go through. 

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.

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