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Reciprocal tariffs instituted after the presidential election have had a marked effect on local businesses in Fort Myers. The application of a 10% tariff on all imports with higher sectoral tariffs on goods like steel, aluminum, and auto parts has increased operation costs across the area. Estero staple FK Your Diet, a breakfast and lunch restaurant, and Affinity Aluminum, an outdoors enclosure business serving greater Fort Myers, have been affected by this recent legislation.
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High association fees, constant assessments and strict state policies are some of the reasons Southwest Floridians are putting condo’s up for sale at a record pace.
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The Bureau of Labor Statistics released its monthly report on jobs. The Sarasota area experienced growth year over year but the Cape Coral-Fort Myers area showed a slight decline.
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Consolidated Burger Holdings, which operates 57 Burger King locations — including two restaurants in Collier County — has filed for Chapter 11 bankruptcy.
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Work has started on a new gas station at the Costco at Gulf Coast Town Center.
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Most of the fireworks used for celebrating holidays such as the Fourth of July are made in China and subject to the 145 percent tariff on Chinese products levied by the Trump administration.Bruce Zoldan, president of Phantom Fireworks, one of the largest fireworks companies in the United States and based in Youngstown, Ohio, says that increased cost likely won't have an impact on celebrating the Fourth — this year.
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“Name. Image. Likeness.” Three words that are expected to take over college sports discussions for the foreseeable future.
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As Florida’s citrus greening continues to get beaten down, is something better on the horizon? Vanilla is the second most expensive spice in the world and Florida is looking to cash in on the crop.
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Governor Ron DeSantis wants to eliminate property taxes? But is this a practical endeavor? would the removal of this revenue source increase sales taesx or even the introduce an income tax.
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Forever 21 has filed for bankruptcy protection for a second time as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, Temu and Shein intensifies.F21 OpCo, which runs Forever 21 stores, said late Sunday that it will wind down the business in the U.S. under Chapter 11 bankruptcy protection while determining if it can continue as a business with a partner, or if it will sell some or all of its assets.The company has 23 stores in Florida, with the remaining Southwest Florida outlets in the Coastland Mall in Naples and in the Mall at University Town Center in Sarasota.
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