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Home sales and foreclosures are both up

Home sales and foreclosures are both up

Foreclosure rates in Pensacola-Ferry Pass-Brent increased for the month of May over the same period last year, according to newly released data from CoreLogic. The CoreLogic data reveals that the rate of Pensacola-Ferry Pass-Brent area foreclosures among outstanding mortgage loans was 6.57 [...]

Chamber CEO says Pensacola has positive buzz

Chamber CEO says Pensacola has positive buzz

The Greater Pensacola Chamber board of directors met yesterday. Chamber CEO Jim Hizer gave an update on economic development. He said that Pensacola is getting a positive buzz around the country. "We are a blank slate for a lot of site selectors," he said. "They may know about the beach and the [...]

GE Wind hurt if tax credit not extended

GE Wind hurt if tax credit not extended

Source: Florida News Connection, by Stephanie Carroll Carson.. The GE Wind Turbine Plant in Pensacola has 500 employees. Now, their jobs and those of thousands of others could be in jeopardy because Congress has stalled on a decision about the production tax credit for the wind [...]

Boom and Bust of Student Loans

Boom and Bust of Student Loans

The federal Consumer Financial Protection Bureau released today its report private student loan market which shows that, according to its estimates, outstanding student loan debt in the United States topped $1 trillion in 2011 — $864 billion of federal student debt and approximately $150 billion [...]

Studer, Hayward and the Negotiation Blues

Quint Studer is hoping to construct a $12 million dollar office complex on a parcel at the Community Maritime Park. And while officials with the city of Pensacola seem to desire the same, hammering out an acceptable deal is taking some effort. Yesterday, Studer—owner of the Blue Wahoos [...]

Top 10 Hardest Jobs to Fill

Top 10 Hardest Jobs to Fill

According the latest Talent Shortage Survey by ManpowerGroup, George Stone Technical Center and Pensacola State College should be packed with students wanting to learn trades. The new Engineering School at the University of West Florida was also a wise investment. Skill trades and engineers are [...]

Loco for the Logo

Loco for the Logo

The city has a new brand. A brand new brand. Pensacola Mayor Ashton Hayward announced the city’s new brand today at the Saenger Theater downtown. The new brand represents a shift away from the ‘City of Five Flags’ moniker and is meant to better convey the area’s assets when marketing the [...]

BP caught lying

The Department of the Interior’s Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) assessed BP America Inc. a civil penalty of $5.2 million for submitting “false, inaccurate, or misleading” reports for energy production that occurred on Southern Ute Indian Tribal lands in [...]

Rebrand Gala

Mayor Ashton Hayward is making an announcement tomorrow. A slick e-invitation “cordially invites you to attend the exclusive launch event where he will introduce the new brand identity representing the City of Pensacola and other City-owned entities.” Other than the invitation’s mention of [...]

Escambia Sees Some Relief

After struggling through its budget session, Escambia County can now breathe a little lighter. The Florida Agency on Healthcare Administration has cut the amount the county owes on a decade’s worth of Medicaid claims. Escambia County Administrator Randy Oliver said the Medicaid bill was [...]

Gulf Power rate request rejected

The Florida Public Service Commission (PSC) today denied Gulf Power Company’s reconsideration request to include the acquisition and evaluation costs for its North Escambia County Site in base rate charges. The PSC had denied Gulf’s original request in February. “Gulf’s reconsideration [...]

Gannett has rough second qtr, not as bad as expected

Gannett Co. , owner of PNJ, today reported second quarter financial results. Earnings per diluted share, on a GAAP (generally accepted accounting principles) basis were $0.51 for the second quarter of 2012 compared to $0.62 for the second quarter of 2011. Publishing segment operating revenues [...]

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