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Month: July 2025

New all-halal food hall planned near Disney Springs

New all-halal food hall planned near Disney Springs

A local entrepreneur and restaurant owner is looking to open a unique restaurant concept — an all-halal food hall — a short drive north of Disney Springs.

Somita Enterprises LLC is behind an application to Orange County that calls for a 5,600-square-foot facility, according to a report in GrowthSpotter. The concept, going by the working name “Lake Buena Vista Food Hall”, would be built on a roughly 1.4-acre property at 11581 S. Apopka Vineland Rd. across the street from the Islamic Center of Orlando, which operates a mosque and a private school.

Halal food, which uses ingredients that are permitted for consumption according to Islamic law, incorporates a variety of meats such as beef, lamb, chicken, goat meat, and most seafood. Most notably, pork and alcohol are not considered halal.

The halal food hall would be located next to the Islamic Center of Orlando. (Orange County Property Appraiser)
The halal food hall would be located next to the Islamic Center of Orlando. (Orange County Property Appraiser)

The LLC is associated with Tahir Ansari, best known as [one of the original owners of the now-closed The Skull Kingdom on International Drive, who owns a franchise location of The Halal Guys in East Orlando. The restaurant features a Mediterranean-inspired menu, with beef gyro, chicken, and falafel sandwiches and platters among the food offerings. read more

Unsettled by NYC shooting, companies wonder if their offices are safe

Unsettled by NYC shooting, companies wonder if their offices are safe

By WYATTE GRANTHAM-PHILIPS and MATT SEDENSKY, Associated Press

NEW YORK (AP) — Businesses around the country are reevaluating security after a brazen shooting at a New York City office building raised questions about what it takes to keep workplaces safe.

The attack on a seemingly secure building — in a gilded part of Manhattan where the rich live in sprawling apartments and tourists window-shop designer stores — has rattled workers and prompted managers to examine whether they are adequately protected.

“What should we be doing different?” clients are asking, said Brian Higgins, founder of Group 77, a Mahwah, New Jersey, security company that is among those getting peppered with an influx of calls. “How can we prevent something like this?”

The gut reaction of some companies, Higgins said, is to buy the latest technology and blanket their workplace in cameras. But, he cautioned, that’s only only effective if paired with consistency and long-term monitoring.

“If you’re going to add a security measure … you have to make sure you maintain it,” said Higgins, a former police chief who teaches security at John Jay College of Criminal Justice. read more

Bessent says child savings accounts in Trump law are ‘a back door for privatizing Social Security’

Bessent says child savings accounts in Trump law are ‘a back door for privatizing Social Security’

By MICHELLE L. PRICE and LISA MASCARO

WASHINGTON (AP) — The children’s savings program included in President Donald Trump’s tax break-and-spending cut law “is a back door for privatizing Social Security,” Treasury Secretary Scott Bessent said Wednesday.

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Bessent’s remark, which he made at a forum hosted by Breitbart News, was striking after Trump’s repeated promises that he would not cut Social Security. Democrats quickly seized on the comment as a sign the GOP wants to revive a dormant but unpopular push to privatize the long-running retirement program. read more

What makes a meme stock? Online enthusiasm for a beaten down company with doubtful prospects

What makes a meme stock? Online enthusiasm for a beaten down company with doubtful prospects

By DAMIAN TROISE, AP Business Writer

NEW YORK (AP) — Investors occasionally scoop up shares of companies whose financial prospects appear dim. The consensus around such companies is that the shares should, if anything, fall further. But they suddenly get touted in online forums and take off for no fundamental reason. Wall Street has dubbed them “meme stocks.”

Here are some characteristics of meme stocks:

Poor growth prospects

Meme stock investors typically look for companies with poor financials that are unlikely to grow much in coming years. This could be due to a number of factors, such as an outdated business model or fierce competition.

Examples: GameStop, the original meme stock, faced a changing gaming environment where online gaming essentially replaced the need for video-game rental stores. Kohl’s, battered for years by growth of online shopping, is now facing an increasingly competitive retail market that includes traditional department stores like Macy’s and big-box retailers like Walmart.

FILE - In this file photo, a GameStop sign is displayed above a store in Urbandale, Iowa, on Jan. 28, 2021. (AP Photo/Charlie Neibergall, File)
FILE – In this file photo, a GameStop sign is displayed above a store in Urbandale, Iowa, on Jan. 28, 2021. (AP Photo/Charlie Neibergall, File)

Beaten down share price

Meme stocks are cheap. That’s often part of the big attraction for investors looking to turn a quick profit. The low price allows for easier entry. read more

US-imposed tariffs spelled disaster for this factory that exported clothes to American stores

US-imposed tariffs spelled disaster for this factory that exported clothes to American stores

By RENATA BRITO

MASERU, Lesotho (AP) — The deafening roar of hundreds of sewing machines has gone silent. Spools of thread in every color are covered in dust. The warehouse is dark and empty.

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In the tiny African nation of Lesotho, clothing manufacturer Tzicc’s business has dried up in the face of tariffs imposed by U.S. President Donald Trump’s administration. A few months ago, work was steady. The factory’s 1,300 employees have made and exported sportswear to American stores, including JCPenney, Walmart and Costco.

But when Trump announced sweeping new tariffs on nearly all U.S. trading partners in April, Lesotho found itself topping the list, with a rate of 50% — higher even than that of China, where the economy is 8,000 times larger. Officials here and economic experts said they were baffled. read more