By Matt Soergel on December 8, 2012 - 5:35pm - Add new commentIn its year of existence, the Sun-Ray Cinema in Five Points has had some smash hits -- and at least as many bombs.
By Drew Dixon on December 7, 2012 - 3:02pm - Add new commentAt least 50 RailAmerica jobs will be elminated in the wake of the sale of the company to Genessee & Wyoming
By Drew Dixon on December 7, 2012 - 12:45pm - 8 CommentsGenesee & Wyoming is in the process of acquiring RailAmerica. But since both companies have operations in Jacksonville G&W officials say some RailAmerica jobs will have to be cut upon completion of the sale. RailAmerica operations on Fullerton Street will also be closed.
By The Associated Press on December 7, 2012 - 8:47am - 16 CommentsWASHINGTON (AP) — The U.S. economy added a solid 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008. The government said Superstorm Sandy had only a minimal effect on the figures. The Labor Department report offered a mixed picture for the economy....
By The Times-Union & Associated Press on December 6, 2012 - 7:14pm - 1 CommentSt. Johns County has the best-paid workers in the state, according to U.S. Census figures released Thursday. The county’s median individual income was $69,724, according to the Census’ American Community Survey five-year estimates. That’s almost $5,000 a year more than runner-up Martin County and more than $15,000 more than Nassau County, which had the second-highest median on the First Coast....
By Cindy Holifield on December 6, 2012 - 12:12pm - Add new commentBusiness meetings, parties and other events for Dec. 10-15.
By Candice Choi on December 5, 2012 - 7:44pm - Add new commentAssociated Press NEW YORK — Another Starbucks may soon pop up around the corner, with the world's biggest coffee company planning to add at least 1,500 cafes in the U.S. over the next five years. Starbucks said Wednesday that it plans to boost the number of locations in its biggest market by about 13 percent by 2017. In the broader Americas region, the company plans to add a total of 3,000 new cafes by that time....
By: Drew Dixon on December 5, 2012 - 11:03am - 3 CommentsAlthough Citigroup announced Wednesday that 11,000 jobs will be cut from the worldwide corporation that owns CitiBank, very few of those cuts will come the company’s Florida workforce. In a news release issued Wednesday, Citigroup announced a “repositioning” of the company will reduce its global workforce of about 260,000 people by 11,000. But Citigroup Managing Director of Corporate Communications Shannon Bell said Florida operations will remain relatively unscathed in the cuts....
By The Associated Press on December 5, 2012 - 9:21am - Add new commentNEW YORK (AP) — Citigroup says it will eliminate more than 11,000 jobs. The bank says it’s looking to cut expenses and improve efficiency. The company said Wednesday that the cuts will result in about $1 billion in charges in the fourth quarter and about $100 million in charges during the first half of next year. It expects about $900 million in expense savings in 2013 and annual expense savings of more than $1.1 billion starting in 2014....
By The Associated Press on December 5, 2012 - 7:19am - Add new commentSAN FRANCISCO — Netflix’s video subscription service has trumped pay-TV channels and grabbed the rights to show Disney movies shortly after they finish their runs in theaters. The multiyear licensing agreement announced Tuesday represents a breakthrough for Netflix as it tries to add more recent movies to a popular service that streams video over high-speed Internet connections....
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