Things To Do In SW Florida

By JONATHAN MATTISE and JENNIFER McDERMOTT

OAK RIDGE, Tenn. (AP) — Near signs that warn of radioactive risk at Oak Ridge National Laboratory, a half-dozen workers from the nuclear power company X-energy are making what appear to be gray billiard balls. Inside, they’re packed with thousands of tiny black spheres that each contain a speck of uranium enriched beyond what today’s power plants use.

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The United States is chasing a new age of nuclear power that banks on domestic production of reactor fuel like X-energy is making, and though the work at Oak Ridge is unfolding across just 3,000 square feet, X-energy and others are already revving up for big production. read more

Six Central Florida restaurants shut down the week of July 6-12, according to data from the Florida Department of Business and Professional Regulation.

Orange

Crazy Buffet at 7038 W. Colonial Dr. in Orlando shut down on July 9. Inspectors found 29 violations, three of which were high priorities for raw food not separated from ready-to-eat food, roach activity and food held at the wrong temperatures. The restaurant remained closed on July 10 because the restaurant hadn’t complied with the emergency order. On July 11, a third and final inspection occurred. Inspectors found 23 violations, with only one being a high priority. The restaurant requires a follow-up inspection, but has reopened since it poses no threat to the general public.

Judy’s Diner at 5220 Old Winter Garden Road in Orlando shut down on July 11. Inspectors found 26 violations, five of which were high priorities. Those violations included roach activity and excrement, flying insects and wiping cloth sanitizer solution exceeding the maximum concentration. A second inspection occurred the same day. Inspectors found 12 violations, none of which was deemed a high priority. The restaurant met inspection standards. read more

WILMINGTON, Del. (AP) — An $8 billion class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders — current and former — begins Wednesday, with claims stemming from the 2018 privacy scandal involving the Cambridge Analytica political consulting firm.

Investors allege in their lawsuit that Meta did not fully disclose the risks that Facebook users’ personal information would be misused by Cambridge Analytica, a firm that supported Donald Trump’s successful Republican presidential campaign in 2016. Shareholders say Facebook officials repeatedly and continually violated a 2012 consent order with the Federal Trade Commission under which Facebook agreed to stop collecting and sharing personal data on platform users and friends without their consent.

Facebook later sold user data to commercial partners in direct violation of the consent order and removed disclosures from privacy settings that were required under consent order, the lawsuit alleges.

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Today in History: July 17, Disneyland’s opening day read more

By Lauren Schwahn, NerdWallet

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.

President Donald Trump’s “one big, beautiful bill” is launching a new way to save for children’s futures: the “Trump Account.” This investment account gives kids who meet certain requirements $1,000 courtesy of the federal government.

But a Trump Account may not be a superior replacement for existing investment tools just yet.

What is a Trump Account?

Formerly called “Money Accounts for Growth and Advancement,” or “MAGA accounts,” the Trump Account is a special trust designed to give children a head start financially. Money contributed to these accounts gets invested in the stock market.

The Trump Accounts Contribution Pilot Program starts eligible kids off with a one-time $1,000 credit. The money comes from the Department of the Treasury. read more

By STAN CHOE, AP Business Writer

NEW YORK (AP) — President Donald Trump sent the U.S. stock market on a jagged round trip Wednesday after saying he had “talked about the concept of firing” the head of the Federal Reserve. Such a move could help Wall Street get the lower interest rates it loves but would also risk a weakened Fed unable to make the unpopular moves needed to keep inflation under control.

The S&P 500 rose 0.3% after whipping through an earlier drop and subsequent recovery.

The Dow Jones Industrial Average gained 231 points, or 0.5%, and the Nasdaq composite added 0.3% to its record set the day before.

Stocks had been rising modestly in the morning, before news reports saying that Trump was likely to fire Fed Chair Jerome Powell quickly sent the S&P 500 down by 0.7%.

When later asked directly if he was planning to fire Powell, Trump said, “I don’t rule out anything, but I think it’s highly unlikely.” That helped calm the market, and stocks erased their losses, though Trump added that he could still fire Powell if “he has to leave for fraud.” Trump has been criticizing a $2.5 billion renovation project underway of the Fed’s headquarters. read more