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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • February 21, 2020
High-tech, low-voltage lighting firm files for bankruptcy

St. Pete tech firm LumaStream has files for bankruptcy after losing a $3.9 million lawsuit filed by an investor and former executive.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 21, 2020
Shore thing: City's profile as tech hub on the rise

The St. Petersburg EDC has pulled out all the stops in an effort to market the Florida city as the nation's next great tech hub, referring to it as "Silicon Shores."

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 20, 2020
Foundation names four new board members

The New College Foundation is the philanthropic organization supporting New College of Florida.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 20, 2020
Area multifamily complex sold for nearly $100M

The Retreat at Vista Lake was originally completed in 1990.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 20, 2020
Telecom infrastructure firm expands to region, plans to hire 100 people

Fast Wave Communications, an Atlanta company that designs and builds 5G cellular towers, has opened an office in Tampa.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 19, 2020
Food company names two new board members

One board member, James Pappas, is Innovative Food Holdings’ largest shareholder.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 19, 2020
Bioscience firm names VP of medical affairs

The Sarasota-based medical device company is focused on treating infertility with its FDA-cleared INVOcell product.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 19, 2020
Real estate developer sentenced in $2.7M mortgage scheme

Real estate developer Marek Harrison, a Plant City, Florida, resident, has been sentenced to 20 months in federal prison for a mortgage fraud scheme.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2020
Passenger traffic breaks airport's all-time record

Traffic for January 2020 was up 53% over January 2019.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2020
Area real estate firm, CEO face fraud charges in alleged $170M scheme

EquiAlt, a Tampa real estate investment firm, faces federal fraud charges stemming from what the SEC says was a $170 million Ponzi scheme.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Kevin McQuaid
  • February 18, 2020
Saunders' MSC Commercial joins TCN network

Sarasota's MSC Commercial, the commercial real estate brokerage arm of residential powerhouse Michael Saunders & Co., has joined the TCN Worldwide Real Estate Services network, of Dallas.

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2020
Area fast-food chain recruits Boston Market CEO to run company

Tampa, Florida-based Checkers & Rally’s has named Frances Allen CEO and a member of the company's board of directors, effective Feb. 17.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2020
Former Western Union exec named CEO of $1B area payments firm

Odilon Almeida’s position at ACI Worldwide is effective March 9.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 17, 2020
Construction begins on $100M waterfront tower — first in over a decade

Prices start in the high $900s at Grandview at Bay Beach.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 17, 2020
Letter to the Editor: Licensing deregulation could have severe consequences

Florida Registered Interior Designer says licensing regulations protect the public.

  • News
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