Industry Insights
Latest coverage, analysis and business news from Tampa Bay Business and Wealth.
Source 1 Solutions, a managed service provider specializing in enterprise IT networks, has acquired YouCall-IT, headquartered in Kent, England. With this acquisition, Source 1 will maintain full ownership, with both companies retaining their current personnel. The integration is expected to enhance YouCall-IT’s proprietary software and expand its global service capabilities. “This acquisition is a natural … Read more
Kahwa Coffee has launched a Florida Hurricane Relief Project, inviting the community to “Espresso that you care.” From now until Oct. 30, Kahwa Coffee is supporting hurricane relief efforts by donating the proceeds from single and double espresso shots, sold at participating locations throughout the Tampa Bay area. All proceeds from these sales will directly … Read more
The U.S. national debt is rising by $1 trillion roughly every 100 days right now, which now stands at nearly $35.8 trillion as of 10/22/2024. To make matters worse, the Treasury has also drawn down its cash balance by $72 billion putting it over $275 billion in the red. The report spread like wildfire, especially … Read more
Jeff Vinik, chairman and governor of the Tampa Bay Lightning, sold a significant portion of the team and Vinik Sports Group to a group of investors, led by Doug Ostrover and Marc Lipschultz. The NHL’s Board of Governors approved the sale on Oct. 1. The deal is effective immediately. Vinik will retain full control of … Read more
Massive layoffs have been hitting the news at an increasing frequency, with Intel, CVS, Aetna, and John Deer being some of the most recognizable. At the same time, wages remain stagnant, inflation has made everything less affordable, and credit underwriting has become more stringent. This is the financial equivalent of “The Captain has turned on … Read more
Duvin Design has partnered with the Tampa Bay Buccaneers to release a limited-edition capsule collection, inspired by the team’s Creamsicle uniforms and mascot, Bucco Bruce. The collection includes eight pieces including T-shirts, hats, a fleece crewneck, a work jacket, a short-sleeve button-up and a rugby polo. The designs incorporate the Buccaneers’ classic Creamsicle color scheme … Read more
St. Regis Hotels & Resorts has opened The St. Regis Longboat Key Resort, the largest development on the island in 50 years. The beachfront resort, developed by Unicorp National Developments, features design work by 10 Design, HBA Miami and Dutch East Design. The resort spans 18 acres with 800 feet of private beach, offering luxury … Read more
By Crisis Center of Tampa Bay Hurricanes Helene and Milton caused widespread destruction in our community. Thousands of people have lost everything due to storm surges or flash flooding. The recovery process can be overwhelming, but there is a number you can call to connect to an assortment of helpful resources: 211. 211 is answered … Read more
EMOTO Supply Co., a retailer of electric bikes and lifestyle apparel, has opened a new location at Water Street Tampa. The Water Street store sells electric bikes, mopeds and motorcycles, from brands like CAKE and Gazelle, as well as apparel. “We are thrilled to launch our second store at Water Street Tampa,” said Michael Joyce, … Read more
On Oct. 19, the University of South Florida hosted a memorable day at Raymond James Stadium, marked by a victory over the University of Alabama at Birmingham and efforts to support hurricane relief. In collaboration with Feeding Tampa Bay, USF collected donations for those impacted by Hurricanes Milton and Helene, offering complimentary tickets to fans … Read more
