May 24, 2023
Baker Hughes Co. now operates the Westside Jacksonville plant, which will close next year as part of a restructuring.…
May 23, 2023
Takeover deal canceled for Jax TV stations
A hedge fund’s buyout of station operator Tegna Inc. was terminated after the deal failed to get FCC approval by…
May 19, 2023
Jacksonville’s unemployment rate sinks to near-record low
The unemployment rate for April fell to 2.3%, the state announced Friday. Employers added 31,700 jobs over a year.…
April 13, 2023
Shad Khan leads list of Jacksonville billionaires
Wayne Weaver, Bill Foley and Michael Rubin also appear on Forbes magazine’s list of 2,640 billionaires.…
March 13, 2023
Jacksonville jobs growing in almost all sectors
Jacksonville’s unemployment rate rose slightly in January, but that’s normal when businesses let holiday workers go.…
February 22, 2023
Custom Brands closing Jacksonville facility and cutting 79 workers
Custom Brands will terminate most of its employees in Jacksonville between April 17 and June 9. The company makes window…
February 2, 2023
Shad Khan’s sports holdings grow to $5.95 billion
Shad Khan’s sports holdings grew, but the Jacksonville Jaguars owner slipped in Forbes’ ranking of sports empires.…
January 6, 2023
Duval surpasses 1 million population. Why does it matter?
With more than 1 million people, Duval County can attract more retailers and businesses, but the milestone raises challenges for…
December 19, 2022
Rowe’s IGA sold for $47 million
A holding company based in Trinidad and Tobago says it has bought Rowe’s IGA Supermarkets, which operates seven Jacksonville stores,…
December 12, 2022
Maple Street Biscuit Co. adding locations with caution
Maple Street Biscuit Co. opened three new restaurants during parent company Cracker Barrel Old Country Store Inc.’s first quarter. However,…
December 2, 2022
Who might buy Winn-Dixie’s parent company?
From the day Southeastern Grocers Inc. emerged out of Chapter 11 bankruptcy in 2018, a sale of the Jacksonville-based supermarket…
November 3, 2022
TIAA Bank will be sold and renamed
TIAA announced Thursday that it is selling its Jacksonville-based bank to a group of investment funds to focus on its…
October 25, 2022
How Jacksonville faded as a banking headquarters
Jacksonville was known as the banking headquarters of Florida for much of the 20th century, with three major bank headquarters…
October 13, 2022
TV station buyout faces resistance over Jacksonville
Tegna Inc. is facing potential opposition from high-level government officials, while its effect on the Jacksonville market has raised concerns…
October 6, 2022
Maple Street Biscuit Co. falls short on expansion plans
Maple Street Biscuit Co.’s expansion plans fell short of its goals in the fiscal year that ended July 29. But…