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Business

Mercedes-Benz-symbol-3
Business

Jacksonville lands Mercedes-Benz

July 6, 2016

Mercedes-Benz USA, a division of Daimler AG, will move an engineering division from New Jersey to Florida, adding about 50 jobs to the company’s Jacksonville facility, Gov. Rick Scott’s office announced Tuesday. “I am proud to…

Gas2101
Business

Gas prices drop, cheapest July 4 weekend in 11 years

July 5, 2016

Average retail gasoline prices in Pensacola have fallen 2.6 cents per gallon in the past week, averaging $2.24/g yesterday, according to GasBuddy’s daily survey of 249 gas outlets in Pensacola. This compares with the national average…

cash2101
Business

Florida Chamber warns rate hike jeopardizes job growth

July 1, 2016

Florida’s 59 consecutive months of private sector job growth may soon be in jeopardy as job creators prepare for a proposed 19.6 percent workers’ compensation rate increase, the Florida Chamber of Commerce said today. The recommended…

UKflag
Business

UWF professor weighs in on Brexit [podcast]

June 29, 2016

Dr. Michelle Davis, chair of the UWF Department of Government, came on “Pensacola Speaks” to discuss Brexit, the name given the movement for the United Kingdom to leave the European Union. The referendum passed 52%-48% last…

Court
Business

Volkswagen to pay more than $570 Million for emissions fraud

June 28, 2016

Florida Attorney General Pam Bondi today announced a settlement requiring Volkswagen to pay more than $570 million for violating state laws prohibiting unfair or deceptive trade practices by marketing, selling and leasing diesel vehicles equipped with…