Business news

Kevin Meerschaert / WJCT

The growing list of young entrepreneurs calling Jacksonville home is garnering national attention.  

U.S. Consumer Product Safety Commission

The recent suffocation deaths of a Massachusetts’ brother and sister inside an old Lane cedar chest prompted the U.S. Consumer Product Safety Commission to issue a second product recall on the model.

Florida Sets Another Tourism Record

Feb 18, 2014

Sand, sun, and Mickey Mouse are coaxing more visitors to Florida. The Sunshine State lured almost 95 million tourists last year. It’s the third year in a row the state has posted a record number of visitors.

Florida saw a 3.5% increase in tourists. The numbers don’t include the estimated 20.1 million in-state trips Floridians took last year. Travel-related jobs also reached a record high. Nearly 1.1 million residents are employed in the tourism industry.

Wayne Warren shakes wet dirt out of a plastic bucket and into a metal chute, tossing aside bigger rocks. For him, California's drought is golden.

Yes, golden. Warren is knee-deep in the San Gabriel River, an hour outside of Los Angeles. That chute next to him is a sluice box. The water washes away the dirt in a muddy cloud, and he leans over the box. Out of the creek, he taps his findings into a green, plastic gold pan and gives it a few swirls. What's left ...

"Sure is pretty in the sun, huh?" he says.

A day after S&P downgraded Puerto Rico's credit rating to junk status, the White House said it was not contemplating a bailout for the island.

Reuters reports:

"A White House spokeswoman declined to comment about the S&P move specifically but said the administration's position had not changed since Jan. 22, when she said that no 'deep federal assistance' was being contemplated.

Cyd Hoskinson / WJCT

Once the Michael Dunn trial begins, there will be more people than usual looking for lunch near the Duval County Courthouse.

One Spark

In its second year, the One Spark festival has more than tripled the amount of private investment funding available for creators.

Jeff Wright / Flickr

Full redevelopment could be in store for one of Jacksonville’s best known waterfront venues, and the Bold City isn’t the only metro hoping to capitalize on a waterfront business revival.

The credit and debit card data breaches at Target and Neiman Marcus compromised more than 70 million American consumers, and analysts say even more of us are at risk. That's because the technology we use to swipe for our purchases — magnetic stripes on the backs of cards — isn't hard for a skilled fraudster to hack.

Kevin Meerschaert / WJCT

Budding entrepreneurs in Jacksonville were able share ideas or possibly find investors Thursday, known to some as International Collaboration Day. 

The post-holidays hard news continues for employees of some major retailers.

One week after discount retailer Loehmann's started liquidating its inventory and Macy's announced it is eliminating 2,500 jobs, there's word that J.C. Penney is cutting 2,000 jobs and closing 33 stores.

Kevin Meerschaert / WJCT

Governor Rick Scott paid a visit to Jaxport Monday to announce he’s proposing a record amount of money be spent next fiscal year on transportation projects.

This post was updated at 11:20 a.m. ET.

Last year ended on a high note for U.S. employment, with December ticking off 238,000 new private-sector jobs, topping the previous month for the best showing of 2013, according to the latest data from the ADP National Employment Report.

Wikimedia Commons

For the first time since 2007, the U.S. economy is poised to start the new year on a strong footing amid a flurry of signs that point to a recovery.

Tim Tebow, New York, and medical marijuana are in the headlines today.