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Friday October 31st 2014

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‘Business’ Archives

More good news on fiscal cliff deal: Floridians can still deduct sales taxes

More good news on fiscal cliff deal: Floridians can still deduct sales taxes

The Florida state sales tax deduction has been extended for two year, as part of the fiscal cliff deal between Congress and the White House. Had it not been extended, then we would not have been allowed to claim the deduction on our 2012 federal tax return. It would have also put Florida at a [...]

Good news on fiscal cliff deal: GE keeps wind tax credit

Good news on fiscal cliff deal: GE keeps wind tax credit

A one-year extension of the tax credit for the wind industry was included in the fiscal cliff deal that Congress passed yesterday. The tax credit, which was critical to GE Energy staying open in Pensacola, is worth 2.2 cents per kilowatt-hour of energy produced by new wind installations for their [...]

Falling off fiscal cliff could hit your next paycheck

CNN has figured out that if no deal happens today the falling off the fiscal cliff will have a full impact for a few weeks. The biggest immediate impact will be on Social Security taken out of your first 2013 paycheck. Workers will see 6.2 percent taken of their wages---up from the 4.2 percent [...]

Top Five Economic Trends to reshape Moblie, Escambia County and Pensacola

Top Five Economic Trends to reshape Moblie, Escambia County and Pensacola

The Mobile Press Register has published the top five economic trends that it believes will reshape Mobile in 2013. Of course, the Airbus assembly plant tops the list. The $600-million plant to be built at Blakely Field is expected to employ 1,000 people by 2016. The groundbreaking is set for [...]

Sticky fingers caught with $18 million of maple syrup. Mrs. Buttersworth?

New York Times reports that Quebec police have arrested three men in connection with the theft of $18-million worth of maple syrup from a warehouse. The commodity was owned by the Canadian syrup cartel and part of the Canadian maple syrup reserve. Wait a second. There's a syrup cartel and syrup [...]

Pensacola, Milton Wal-Marts sold out of semi-automatic rifles

Dick’s Sporting Goods Inc. has suspended sales of rifles similar to the one used at Sandy Hook school at its more than 500 stores. Wal-Mart has not. The media is reporting brisk sales of guns since the Conn. school shooting where 20 children were killed after being shot multiple times with a [...]

Merger helps Gulf Winds Federal expand to Tallahassee

Press Release: Gulf Winds Federal Credit Union announces their merger with SCORE Federal Credit Union (SCORE FCU) in Tallahassee, Fla. The merger has been approved by the National Credit Union Administration and on January 1, 2013, SCORE FCU will become Gulf Winds. The merger with SCORE FCU will [...]

Big Deal at the Airport

A big deal is brewing at the Pensacola International Airport. While local officials have kept the lid on the details fairly tight, it appears something is in the works. During last night’s Pensacola City Council meeting, City Administrator Bill Reynolds noted that Mayor Ashton Hayward wished [...]

FYI: Beulah interchange is on the TPO agenda for tomorrow

The regional Transportation Planning Organization will vote on an amendment tomorrow that will provide a little over $2 million of Project Development and Environment (PD&E) for the proposed I-10 interchange for the Beulah Road area.

Evers supports sales tax on web sales

The News Herald reports that State Sen. Greg Evers (R-Baker) supports a bill that would charge sales tax on Internet sales. Sen. Gwen Margolis, D-Miami, has filed the bill through, officially titled Mail Order Sales (SB 88). The bill would bring home between $800 million and $1 billion in [...]

Locals AppRiver and Allan Bell name top innovators for 2012 by Gov. Scott

Press Release: The winners of the 2012 Governor’s Innovators in Business Awards were announced today by Governor Rick Scott. The winners will be honored this evening during a reception at the Governor's Mansion. Governor Scott said, “I am proud to announce another group of award winners. My [...]

Past due receivables at the Port of Pensacola continue to grow

As of November 30, the Port of Pensacola had accounts receivable totaling $506,393--with $109,935.04 that's over 120 days and due from NWF Cold Storage. The frozen chicken exporter owes a total of $215,854. The Pate's other company Pensacola Stevedoring owes the city $103,827--with $40,903 over 60 [...]

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