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Local Business News

Sears refutes report that claims company will close 116 Sears, Kmart stores
Fri, 24 Oct 2014 02:22:35 +0000

NEW YORK — Sears Holdings Corp. discredited a report Thursday that says it will be shuttering 116 Sears and Kmart stores, resulting in the layoffs of more than 6,000 workers.

Seeking Alpha, a crowd-sourced financial news and market tracker, reported that Pennsylvania, Michigan and Indiana will see the most closings. Broken down, closures include 55 Kmart stores, 30 Sears stores and 31 Sears Auto Center locations, according Seeking Alpha, citing liquidation sale notices. Many of the closings are expected to happen before Christmas.

Shares rose on the report.

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Business calendar
Thu, 23 Oct 2014 19:49:27 +0000

MONDAY

Beaches Business Association, noon, Jacksonville Beach Public Golf Course clubhouse, Penman Road. Speakers: Janet Adkins (R, incumbent) and Dave Smith (D), candidates for State Representative, District 11. $8, lunch. (904) 476-0607 or bbajax.com.

Kiwanis Club of Jacksonville, 12:30-1:30 p.m., Crowne Plaza Hotel, 1201 Riverplace Blvd. Speaker: Elaine Allen, Community Hospice of Northeast Florida. (904) 398-5566, kiwanisjax.com or email r.lefevre@att.net.

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Jacksonville company cited after worker burned by electricity
Thu, 23 Oct 2014 18:15:39 +0000

The United States Occupational Safety and Health Administration has cited a Jacksonville general contractor over a worker’s injuries.

According to OSHA, a 30-year-old painter working for ShayCore Enterprises was painting the exterior of Total Office Solutions on Emerson Street on June 16 when his ladder came in contact with overhead power lines. He received second and third degree burns and fell to the ground, OSHA reported.

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Frontier to stop flights from St. Augustine to Washington, D.C.
Thu, 23 Oct 2014 17:24:52 +0000

Frontier Airlines will discontinue its flights between St. Augustine to Washington, D.C. in January. An airline spokesman said the discontinuation is seasonal and no decision has been made about future service.

Frontier started operating out of St. Augustine’s North Florida Regional Airport in May, the first commercial airline there in six years,k with three flights a week to Trenton, N.J.

In September, it added five flights a week to Washington, D.C.’s Dulles International Airport.

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It's Your Money: Budgeting for clothes with a family and seasons
Wed, 22 Oct 2014 16:01:48 +0000

One of the great things about North Florida is that we actually have seasons. As someone who spent most of her life in Southern California, this proved to be quite a shock. When we were making plans to move, one of our biggest criteria was that there wouldn’t be any snow. I assumed that if we were living near the ocean and in a Southern state that the climates would be quite similar. But the temperature changes during the seasons are completely different.

This becomes a budget issue when it comes to clothes.

When the temperatures start to cool, our wardrobes have to change.

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Feds order 3 million more vehicle recalls over air bag concerns bringing total to 7.8 million
Wed, 22 Oct 2014 15:53:56 +0000

DETROIT  — The U.S. government is telling 3 million more car owners to get their air bags repaired immediately, but its message has generated some confusion about which cars are actually affected.

The government’s auto safety agency is now warning 7.8 million car owners that inflator mechanisms in the air bags can rupture, causing metal fragments to fly out when the bags are deployed. The original warning Monday covered 4.7 million vehicles.

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Stocks rally; S&P 500 has best day of 2014
Tue, 21 Oct 2014 21:12:10 +0000

NEW YORK — The U.S. stock market marched higher Tuesday, giving the Standard & Poor's 500 index its best day of the year.

Investors rallied behind an encouraging report on the Chinese economy as well as strong quarterly results from Apple and other big companies.

The market continues on its recovery from last week's swoon and has now erased much of its losses over the last two weeks.

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Jacksonville-based FIS names Norcross as new CEO of banking tech corporation
Tue, 21 Oct 2014 18:54:07 +0000

Jacksonville-based FIS has appointed a new president and CEO in Gary A. Norcross, who will take over the helm of the banking and payment technology company Jan. 1.

Norcross, who is currently president and chief operating officer, will be replacing current FIS CEO Frank R. Martire. Martire has been the FIS CEO for five years and is moving into the position of executive chairman of the board of directors, an FIS news release said Tuesday.

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Work Wanted: Conquering fear in the workplace - of being eaten alive
Tue, 21 Oct 2014 18:47:30 +0000

Ernest Hemingway once wrote: “The best way to find out if you can trust somebody is to trust them.” Going first is one of the principles of creating a Green Zone culture in your company. Going green, in this context, is about creating space where organizational trust, emotional commitment, and collaboration rule.

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JAX Chamber board officially opposes legalizing medical marijuana
Tue, 21 Oct 2014 16:53:36 +0000

The JAX Chamber board of directors formally came out in opposition to the Florida ballot initiative that would legalize the use of medicinal marijuana.

Early voting is already underway this week where voters are considering Amendment 2 on the ballot among other electoral issues and political races with the Nov. 4 election day approaching. But Tuesday, the JAX Chamber officially opposed the referendum question because of its wording “ambiguity” and, the board said, it would be bad for business, despite figures from the marijuana lobby that state otherwise.

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U.S. airlines raise base fares on domestic flights
Mon, 20 Oct 2014 22:50:19 +0000

DALLAS — U.S. airlines are raising base fares on many domestic flights even though they are getting a windfall from lower fuel prices.

JetBlue Airways raised fares by $4 per round trip on a small number of routes Thursday, and Delta Air Lines picked up and greatly expanded the breadth of the increase, according to FareCompare.com CEO Rick Seaney and J.P. Morgan analyst Jamie Baker.

The hike got an important boost when Southwest matched it a day later. Other airlines often drop price hikes if they are resisted by Southwest, which carries the most domestic passengers.

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Apple reports record 39.3 million iPhone sales
Mon, 20 Oct 2014 21:38:00 +0000

SAN FRANCISCO — Excitement for Apple's new iPhone 6 and 6 Plus models drove sales of a record 39.3 million iPhones in the last quarter, boosting the company's earnings and revenue well above expectations.

All told, the company sold $23.7 billion worth of iPhones, beating the $21.5 billion in sales expected by analysts polled by FactSet. Apple's signature smartphones are the company's biggest source of revenue and profit.

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Career Track: Business and organizational promotions and changes
Mon, 20 Oct 2014 19:13:02 +0000

Kenny Knabb has joined Campbell Plumbing Contractors Southeast, Inc. Knabb brings 40 years of industry experience to Campbell and will serve as Senior Project Manager and Estimator.

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Davidson Realty Inc. hired Sharminee Lopez to its real estate team.

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Allstate agency owner Stephanie Ando has been designated an Allstate Premier Agency for 2014.

Ando received this designation for her outstanding business performance and commitment to putting customers at the center of her agency’s work.

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Winn-Dixie inks NASCAR deal to sponsor Talladega
Mon, 20 Oct 2014 17:50:15 +0000

Jacksonville-based Winn-Dixie supermarkets Monday announced a major sports sponsorship deal with NASCAR.

Winn-Dixie, which is a subsidiary of Bi-Lo Holdings, entered into a partnership with Talladega Superspeedway to be one of the primary sponsors of the Winn-Dixie 300 in Talladega, Ala. as part of the NASCAR XFINITY Series race set for May 2, a news release said.

Company officials said they targeted the race for sponsorship in part because they have 68 Winn-Dixie stores in Alabama and many of their customers are NASCAR fans. Financial terms of the deal were not disclosed.

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Canadian Pacific ends merger talks with Jacksonville-based CSX
Mon, 20 Oct 2014 15:02:16 +0000

Canadian Pacific Railway has ended talks with U.S. counterpart CSX about a possible combination and plans no more discussions.

The railway operator did not say on Monday why it ended talks, but it did note in a brief statement that regulatory concerns appear to be a major deterrent for railroads considering combinations.

A CSX spokeswoman declined to comment on Canadian Pacific's statement.

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Last updated at: 10/25/2014 2:38:26 AM ET

Check It Out

Photo courtesy of Richard McKinney

Jacksonville's Martin Luther King, Jr. Parade

LAS VEGAS, NV - DECEMBER 10: Recording artist Darius Rucker arrives at the American Country Awards 2013 at the Mandalay Bay Events Center on December 10, 2013 in Las Vegas, Nevada. (Photo by Isaac Brekken/Getty Images)

Darius Rucker returns to St. Augustine Amphitheatre

Denver Broncos quarterback Peyton Manning (18) and New England Patriots quarterback Tom Brady (12) shake hands after the 2013 AFC championship playoff football game at Sports Authority Field at Mile High.  Matthew Emmons, USA TODAY Sports

AFC Championship: Patriots vs Broncos

ANNA LISA BLUE, 39 - Charged with probation violation January 19.

January 2014 Mugshots

 	Jan 19, 2014; Seattle, WA, USA; Seattle Seahawks fans celebrate in the streets after the 2013 NFC Championship football game against the San Francisco 49ers at CenturyLink Field. Mandatory Credit: Joe Nicholson-USA TODAY Sports

NFC Championship: 49ers vs Seahawks

 	Civil rights demonstrators, led by Dr Martin Luther King (5th R), civil rights activist Ralph Abernathy (5th L), John Lewis (3rd L) and other civil and religious leaders, make their way from Selma to Montgomery on March 22, 1965 in Alabama, on the third leg of the Selma to Montgomery marches. The Selma-to-Montgomery March for voting rights ended three weeks and represented the political and emotional peak of the modern civil rights movement. The first march took place on March 07, 1965 (Blood

Reflections of Dr. Martin Luther King, Jr.

Soledad OBrien, Key Speaker, at the 27th Annual Martin Luther King, Jr. Breakfast that took place January 17, 2014 at the Prime F. Osborn III Convention Center in Jacksonville. (Photo courtesy of Jennifer Duckworth)

27th Annual Martin Luther King, Jr. Breakfast

WASHINGTON - JANUARY 20: U.S President Barack Obama (L) takes the oath of office from U.S. Supreme Court Chief Justice John Roberts (R) as first lady Michelle Obama (2nd L) holds the bible and daughter Malia (C) and Sasha looks on in the Blue Room of the White House January 20, 2013 in Washington, DC. Obama and U.S. Vice President Joe Biden were officially sworn in a day before the ceremonial inaugural swearing-in. (Photo by Larry Downing-Pool/Getty Images)

First Lady Michelle Obama's iconic looks

First Coast feasting with Circus elephants

A referee gets into the action of Puppy Bowl IV on Oct. 17, 2007.  Animal Planet

Puppy Bowl X pups

Riverside, San Marco street art done by 'Keith Haring's Ghost'

Jacksonville Landing, present-day

Jacksonville Landing through the years & proposed changes

Courthouse preparations underway for Dunn trial

"Danny Bradford. He wont go out in the rain unless he has his raincoat on. Our little Gortons fisherman. He is a rescue and the best dog ever!" Photo courtesy of June Bradford

It's National Dress Up Your Pet Day

Storm leaves major damage at North Main Baptist Church

DETROIT, MI - JANUARY 15: Audi shows off their RS6 during the media preview at the North American International Auto Show on January 15, 2013 in Detroit, Michigan. The auto show will be open to the public January 19-27. (Photo by Scott Olson/Getty Images)

'New and cool': 2014 North American Auto Show

Have you seen this strong armed robbery suspect?

Police seeking two suspects, person of interest in armed robbery investigation

Lupita Nyong'o L-U-P-I-T-A. Learn this name fast, because the supporting-actress nominee is headed straight for the A-list. She ruled the red carpet in a caped Ralph Lauren dress and Fred Leighton ring. “So far I've only worn things that I feel speak to me,” she told E! of her newly minted fashionista status.  Dan MacMedan, USA TODAY

Photos from the 2014 Golden Globe Awards

TV personality Maria Menounos attends the 71st Annual Golden Globe Awards held at The Beverly Hilton Hotel on January 12, 2014 in Beverly Hills, California. (Photo by Jason Merritt/Getty Images)

Stars on Red Carpet at Golden Globes 2014

 A view of houses and an area covered by ash after the village hit by ash and mud from eruption of Mount Sinabung on January 12, 2014 in Sigarang Garang, Karo District, North Sumatra, Indonesia. The number of displaced people has increased to around 25,000 in Western Indonesia as Mount Sinabung continues to spew ash and smoke after a series of several eruptions since September. Eleven deaths have now been recorded as a result of the eruptions with hundreds more falling ill. Officials expect the

Mount Sinabung erupts in Indonesia

Bayan Bay apartments off San Pablo Road near Atlantic Blvd. Photo courtesy Donna McCrum

Viewer submitted weather photos from stormy Saturday

Israeli Prime Minister Ariel Sharon (C) talks with New York City Mayor Rudolph Giuliani (R) as they look out over the wreckage of the World Trade Center terrorist attack site 30 November 2001, in New York. (Photo credit should read BETH A. KEISER/AFP/Getty Images)

The Life of Ariel Sharon in pictures

Jayson is a super dad. He picks his son up from school each day. Helps him with his homework. Prepares dinner every night. Does all the grocery shopping and even does laundry. And he builds a mean Lego set.

Share your 'Super Dad' photos with us!

Mandarin Middle School at about 10:45am. Brrrr..... Submitted By:Janet from: Jacksonville, FL

Show us your ice, ice baby!

Marissa Alexander in court and leaving court on Jan. 10

UNF vs. Gulf Coast

FHP: Photos of the buckled 'slab'

'Move Over' law in full effect: FHP

Southerns welcome healthy baby boy

Share photos of your FSU national championship gear

Are you bundled up trying to stay warm? Upload a selfie!

FSUs Kelvin Benjamin elevates over Chris Davis to catch the game winning touchdown with 13 seconds left in the game.

BCS Title Game: FSU vs. Auburn via USA Today Sports

Team picture for Auburn in front of the Rose Bowl.

FCN in California for BCS title game

Crash, building fire in Fernandina Beach

Band stuck due to weather after Gator Bowl performance

Community leaders 'say no to disrespect'

Jacksonville Sheriff's Office cruiser involved in accident with injuries

Rental home of Aubrey Price

SJSO seeks to identify TV theft suspect

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