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Business Observer | Business Observer

  • For Subscribers Only
    By
  • Jim Stinson
  • January 4, 2024
Moffitt Cancer Center agrees to pay $20M in improper billing case

Federal officials say Moffitt helped its case by conducting an independent review and cooperating with authorities.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Mark Gordon
  • January 4, 2024
Area tech startup using AI for better accounting raises $120K

Pezzi, a tech startup in Tampa and Sarasota that uses AI to create accounting software for small businesses, has raised $120,000 from undisclosed investors.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Jim Stinson
  • January 4, 2024
Report: Collier ranked worst county in Florida to raise a family

A study from FloridaRentals.com purporting to reveal the best counties in Florida to raise a family revealed a big gap in first to worst across the state.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Brian Hartz
  • January 4, 2024
Florida inches closer to recreational marijuana with 2024 ballot initiative

A proposal that would legalize adult recreational cannabis use — and bring a massive influx of tax revenues — in Florida appears headed to the general election ballot in November.

  • Florida
  • For Subscribers Only
    By
  • Jim Stinson
  • January 3, 2024
Restaurant giant Bloomin' Brands adds two new board members

Bloomin' Brands appointed two new board members, and both have ties to Starboard Value, the activist fund that owns almost 10% of the Tampa-based restaurant giant.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Mark Gordon
  • January 3, 2024
PGT Innovations receives unsolicited bid that beats previous $3B offer

A national manufacturer has made a third bid to acquire Venice-based PGT Innovations, the largest publicly traded company in the Sarasota-Bradenton region.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Jim Stinson
  • January 3, 2024
Tampa real estate branding agency sells to two employees

The president and founder of Walker Brands has stepped down as the real estate development branding firm is acquired by two longtime employees.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Louis Llovio
  • January 3, 2024
Developers buy land near Tropicana Field for $115 million luxury tower

Plans call for a 23-story, 251-unit mixed-use development near the redevelopment of the 86-acre Historic Gas Plant District.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Jim Stinson
  • January 3, 2024
State legislators aim to address health care, insurance, shoplifting

As in past Florida Legislative sessions, the power of the Senate president and House speaker will dictate much of the bills that either get passed or languish in committees.

  • Florida
  • For Subscribers Only
    By
  • Louis Llovio
  • January 2, 2024
$55.6M purchase expands New York investment firm’s Florida footprint

Clarion Partners, which already owns 5.8 million square feet of industrial space in Central Florida, bought two Tampa warehouses minutes from Tampa International Airport.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Jim Stinson
  • January 2, 2024
Tampa RV company secures $35M in financing for expansion

Seffner-based Lazydays closed on a $35 million mortgage loan facility funded by clients of Coliseum Capital Management.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Mark Gordon
  • January 2, 2024
Fort Myers law firms promote attorneys to partner, stockholder roles

A pair of Southwest Florida law firms have promoted attorneys to partner-level roles.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Louis Llovio
  • January 2, 2024
Florida insurance commissioner says reforms easing crisis, bringing stability

As Citizens' policy numbers continue to increase, the head of the Florida Office of Insurance Regulation says the state’s insurance market is improving.

  • Florida
  • For Subscribers Only
    By
  • Jim Stinson
  • January 2, 2024
St. Petersburg bank names new CEO and president

St. Petersburg-based BayFirst Financial, parent company of BayFirst National Bank, appointed Thomas Zernick as CEO and Robin Oliver as president and COO.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Sean Snaith
  • January 2, 2024
Prominent economist says Florida looks mostly sunny

Florida’s strong economy, says Sean Snaith, "will be a shelter from the storm."

  • Florida
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