How to create a spending plan
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We hear a lot about the importance of saving money, but what if learning how to spend is just as important?
Michael Hunsberger, a certified financial planner and owner of Next Mission Financial Planning in St. Charles, Missouri, says many of his clients struggle with the spending side of the financial equation, and he wants them to get better at it.
People on the move
Architecture
Shawn Reed was hired as a senior planner at FK Architecture, Winter Park.
Banking
Chris Castro was appointed executive vice president and chief sustainability officer at Climate First Bank.
Hospitality
Bryan Gay was appointed director of sales and marketing at Caribe Royale Orlando.
Real estate
Willie Butts has joined Premier Sotheby’s International Realty, Southeast Orlando, as a sales advisor.
Marcus Trigales Costner has joined Premier Sotheby’s International Realty, Southwest Orlando, as a sales advisor.
Awards
Ed Timberlake, chairman of the Dr. Phillips Center and a founding donor, received the 2025 James B. Greene Award from the Orlando Economic Partnership. The award is the highest honor bestowed by the OEP to recognize individuals whose leadership and contributions have significantly advanced the Orlando region’s economic growth, quality of life, and community prosperity.
Submit professional appointments, management-level promotions and significant awards for individuals, along with photos as .jpg attachments, to peopleonmove@orlandosentinel.com.
Why automakers’ short reprieve from tariffs isn’t enough to weather Trump’s escalating trade war
By ALEXA ST. JOHN, Associated Press
DETROIT (AP) — President Donald Trump’s short reprieve for U.S. automakers from stiff tariffs on imports from Mexico and Canada isn’t likely to allow enough time for those companies to make the changes necessary to minimize the damage from Trump’s intensifying trade war.
Recent Central Florida bankruptcies
Chapter 7
Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include:
GIAAH LLC, 1110 Highway A1A, Satellite Beach. Filed: March 3. Assets: $700,395. Liabilities: $412,5000. Major creditors: Not available. Creditors meeting: March 31.
Chamberlin Partners LLC doing business as Leads on Demand doing business as Kazzcade, 1025 Greenwood Blvd., Suite 101, Lake Mary. Filed: March 6. Assets: $25,800. Liabilities: $1,658,691. Major creditors: NP Owner LLC, Lake Mary, $850,544; TD Synnex, Fremont, Calif. $286,505; U.S. Small business Administration, Washington, D.C., $257,000. Creditors meeting: Not available.
Chapter 11
Central Florida individuals and businesses that have filed for reorganization and protection from creditors under Chapter 11 of the U.S. Bankruptcy Code include:
TransMedCare LLC, 123 Atlantic Ave., Suite 101, Maitland. Filed: Feb. 28. Assets:$500,001-$1 million. Liabilities: $1,000,001-$10 million. Major creditors: Satander, Dallas, $195,314; Doering, Brookfield, Wis., $155,703; U.S. Small Business Administration, Birmingham, Ala., $148,500. Creditors meeting: March 31.
Wall Street rallies after Trump pulls back on some of his tariffs
By STAN CHOE and DAMIAN J. TROISE
NEW YORK (AP) — U.S. stocks rallied after President Donald Trump pulled back on some of his tariffs, raising hopes he may avoid a worst-case trade war that grinds down economies and sends inflation higher. The S&P 500 rose 1.1% Wednesday, bouncing back from its sell-off that had erased all of its “Trump bump” since Election Day. The Dow Jones Industrial Average also added 1.1%, and the Nasdaq composite gained 1.5%. The market turned higher after Trump said he’s granting a one-month exemption for U.S. automakers on his stiff new tariffs for Mexican and Canadian imports. Jumps for Ford and GM stock helped lead the market.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
NEW YORK (AP) — U.S. stocks are rallying Wednesday after President Donald Trump showed again that his latest word on tariffs won’t always be his last. By pulling back on some of his tariffs temporarily, Trump revived hope on Wall Street that he may avoid a worst-case trade war that grinds down economies and sends inflation higher.