News

Hotel Duval Signs Shula’s Steak House

News & Notes from around Tallahassee Hotel Duval has signed Shula’s Steak House as its anchor restaurant. Named in honor of Hall of Fame Coach Don Shula, the winningest coach in NFL history, Shula’s 347 will open in March with…

Florida Exports Provide Economic Bright Spot

TALLAHASSEE –  Fueled by a weak dollar overseas and healthy Latin American partners, Florida exports boomed in 2008 as fertilizer, motor vehicles, aircraft and medical supplies led a surge of commodities and products at rates exceeding national trends.  Overall, international…

Florida Unemployment May Top 8 Percent

Florida could lose a total of 315,000 jobs by 2010 with unemployment rising as high as 8.4 percent, a University of Central Florida economist projected Thursday. Sean Snaith, director of UCF’s Institute for Economic Competitiveness, forecasts that unemployment will peak…

Budget Woes and Special Session

TALLAHASSEE — Not even the rosiest of glasses appear able to soften the glare as lawmakers face a $2.3 billion hole in the current year budget and a worse financial conundrum in the year to come. Senate President Jeff Atwater…

Pension Fund down by $40B

TALLAHASSEE — The value of the state pension fund has plummeted by more than $40 billion since last year in light of an economic maelstrom that has caused the state's investments to greatly decrease in value. Right now, the losses…

PSC Study: Utilities Could Meet Energy Goals

TALLAHASSEE — Florida's utilities could feasibly increase the amount of renewable energy they produce by 20 percent by the year 2020, as called for by Gov. Charlie Crist and environmental groups, according to a study presented Wednesday to the Florida…

Jolly Bay sues Walton County

FREEPORT — Landowner Jolly Bay LLC has sued Walton County seeking to reverse the county commission’s decision to deny its project.   The planned development, which would include a recreational vehicle park, a bed & breakfast, a 73-unit condominium, a…

State Economy at 'Beginning of the Pain'

TALLAHASSEE — The Legislature's chief economist this week said the numbers to be released Friday on the state's fiscal outlook won't be pretty and lawmakers will be forced into some tough decisions in the coming year. At a presentation for…

Lobbying Rules Before Court This Winter

Florida lobbyists soon will get their day in court in a bid to overturn an almost three-year-old state law requiring them to disclose who pays them and how much, and also bars gifts to legislators. The Florida Supreme Court has…

Tax Group: Fix Corporate Tax Glitch

A glitch in Florida’s tax code may cost corporations the benefits of a recent federal economic stimulus package and state lawmakers need to fix it now, Florida TaxWatch urged on Monday. If lawmakers don’t fix the glitch, corporations may lose…

Service-Disabled Vets Get Business Help

TALLAHASSEE — Service-disabled veterans are being added to the groups of minority business the state assists through the Department of Management Services’ Office of Supplier Diversity. Gov. Charlie Crist signed House Bill 687 in June to create the Florida Service-Disabled…

BB&T Corp. Gives $3 Million to FSU

TALLAHASSEE — Efforts by two colleges at Florida State University to expand their business-related academic offerings have received a significant boost, thanks to a pair of major gifts announced today by financial services company BB&T Corp. (www.bbt.com). Joined by FSU…

FSU Entrepreneurial Bootcamp Helps Disabled Veterans

TALLAHASSEE — Army veteran Andrew Wyatt credits Florida State University’s Entrepreneurship Bootcamp for Veterans with Disabilities with jump-starting his career after he was wounded in Iraq. “I am sitting in front of an ocean of business cards from some of…