October 13, 2022 | Daily Business Review
Rough Times Ahead: Hurricane Ian Batters SW Florida EconomyScenes of destruction in southwestern Florida will keep many winter tourists and snowbirds away while tasking local residents with rebuilding for months or more, said a manager for a group of family-owned restaurants, including a couple on hard-hit Fort Myers Beach.
By Bobby Caina Calvan
5 minute read
October 13, 2022 | Daily Business Review
Lawmakers Add $360 Million to Ian EffortsIn an emergency meeting, the Joint Legislative Budget Commission approved adding the money to the state Emergency Preparedness and Response Fund, which was established this year with $500 million.
By Jim Turner
3 minute read
October 12, 2022 | Daily Business Review
Chip Suppliers Pull Back From Yangtze Memory After Biden BanNew regulations from the Biden administration ban Chinese companies from buying advanced chip-making equipment or employing American citizens without a license.
By Bloomberg News
3 minute read
October 12, 2022 | Daily Business Review
BlackRock, Citi CEOs Won't Be Returning to Key Climate TalksBlackRock Inc. CEO Larry Fink was the star appearance last year as the heavyweights of big finance made their way to COP26 in Scotland to declare their commitment to slashing emissions.
By Alastair Marsh
5 minute read
October 12, 2022 | Daily Business Review
Lower Pump Prices Vaporize as OPEC+ Cuts ProductionFlorida motorists were paying an average of $3.34 a gallon for regular unleaded gasoline, better than the national average of $3.92 a gallon, according to AAA..
By Jim Turner
3 minute read
October 12, 2022 | Daily Business Review
Core Inflation Seen Returning to 40-Year High as Rents RiseThe run-up in rents and housing prices over the past two years has slowly fed into the Bureau of Labor Statistics' CPI figures, fueling massive jumps in the indexes for rent of primary residence and owners' equivalent rent.
By Reade Pickert
5 minute read
October 12, 2022 | Daily Business Review
Feds Deny Increased Gopher Tortoise ProtectionsThe U.S. Fish and Wildlife Service said increased protections are not warranted for gopher tortoises despite issues such as development moving into the animals' habitats.
By Jim Saunders
4 minute read
October 11, 2022 | Daily Business Review
Chipmaker Earnings Estimates Fall at Fastest Pace Since 2008Having gone from boom to bust in less than a year, the semiconductor industry now is bracing for a storm that's expected to hit everyone.
By Subrat Patnaik and Michael Msika
3 minute read
October 11, 2022 | Daily Business Review
IMF Warns World as Steps to Slow Inflation Raise RisksThe risk of policy miscalculation has risen sharply as growth remains fragile and markets show signs of stress, the International Monetary Fund said.
By Eric Martin
4 minute read
October 11, 2022 | Daily Business Review
Uber Exec.'s Conviction Puts Spotlight on Secrecy About HackingCompanies may not want to disclose breaches because it could damage their reputation.
By Jack Gillum
5 minute read
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