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Austin’s Coffee in Winter Park sold days before city-ordered closure

Austin’s Coffee in Winter Park sold days before city-ordered closure

Austin’s Coffee, the endangered Winter Park fixture that brews up java with a helping of arts and entertainment, has been sold and is planned to reopen at a larger location down the street.

Richard Whitmer, one of the four new owners, said the sale closed Monday but didn’t want to reveal the specific address yet. He did say it’s on Fairbanks Avenue east of Interstate 4 about a mile from the current location.

He said the plan is to close at 929 W. Fairbanks Ave. on Oct. 25, less than a week before the shop’s landlord, the city of Winter Park, had ordered it to vacate. The new Austin’s would have a soft opening at the new location Nov. 1.

“Well obviously we’re being a good bit ambitious, but we’re hoping for Nov. 1,” Whitmer said.

He said the new Austin’s will be much larger than the current one — 2,400 square feet compared to about 900 — with a bigger kitchen and stage.

A longtime Central Floridian who until 2022 was an owner of now-closed La-Kuma Coffee in Longwood, Whitmer said he wants to continue the 25-year cultural legacy of the quirky, beloved shop. read more

Toyota recalls nearly 400,000 Tundras and Sequoias due to malfunctioning rearview camera

Toyota recalls nearly 400,000 Tundras and Sequoias due to malfunctioning rearview camera

WASHINGTON (AP) — Toyota is recalling nearly 400,000 vehicles because the rearview camera may not display when backing up, increasing the risk of a crash, federal traffic safety regulators said.

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Included in the recall are 2022-2025 Toyota Tundras and Tundra hybrids and 2023-2025 Sequoia hybrids. The number of automobiles in the recall total 393,838, with the non-hybrid Tundra making up more than half of them.

The camera display malfunction is caused by a software problem, which will be fixed with an update by dealerships free of charge. read more

Gold futures rise above $4,000 per ounce for the first time

Gold futures rise above $4,000 per ounce for the first time

By WYATTE GRANTHAM-PHILIPS, AP Business Writer

NEW YORK (AP) — Gold futures have soared above $4,000 per troy ounce for the first time, as many investors seek a safe place to park their money as the U.S. government shutdown continues.

Gold futures in New York jumped above the $4,000 mark Tuesday morning, reaching a record high. The going price for New York spot gold had previously closed at $3,960.60 per troy ounce — the standard for measuring precious metals — on Monday.

Gold sales can rise sharply when anxious investors seek secure investments for their money. Even before the shutdown, the asset — and other metals, like silver — had seen wide gains over the last year, as President Donald Trump ’s barrage of tariffs cause uncertainty around the outlook for the global economy. More recently, the prospect of lower interest rates has also made gold a more attractive investment than interest-bearing investments.

How much have gold prices climbed this year?

Gold futures are up about 50% since the start of 2025 — trading at around $4,013 per troy ounce as of around 11:30 a.m. ET on Tuesday. That’s up from around $2,670 seen at the beginning of January. read more

A buyer’s market: What to get during Prime Big Deal days

A buyer’s market: What to get during Prime Big Deal days

The Prime Big Deal Days event is Oct. 7-8 this year. It’s like the little brother of Amazon’s actual Prime Day sale (in July), with pages of Prime member-exclusive deals to sift through.

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Amazon bills this as a holiday shopping event, but, for deal-conscious consumers, it’s simply a good time to get a price break on popular products.

“I like to say it’s a buyer’s market around this time of year,” says Trae Bodge, the shopping expert at TrueTrae.com.

That’s because it’s not just Amazon rolling out deals. Target’s Circle Week sale is Oct. 5-11, and the Walmart Deals event is Oct. 7-12. Best Buy’s members-only event runs now through Oct. 5. read more

Why fears of a trillion-dollar AI bubble are growing

Why fears of a trillion-dollar AI bubble are growing

By Seth Fiegerman, Carmen Reinicke, Bloomberg News

For almost as long as the artificial intelligence boom has been in full swing, there have been warnings of a speculative bubble that could rival the dot-com craze of the late 1990s that ended in a spectacular crash and a wave of bankruptcies.

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Tech firms are spending hundreds of billions of dollars on advanced chips and data centers, not just to keep pace with a surge in the use of chatbots such as ChatGPT, Gemini and Claude, but to make sure they’re ready to handle a more fundamental and disruptive shift of economic activity from humans to machines. The final bill may run into the trillions. The financing is coming from venture capital, debt and, lately, some more unconventional arrangements that have raised eyebrows on Wall Street. read more