Things To Do In SW Florida

Two Central Florida restaurants shut down the week of May 4-10, according to data from the Florida Department of Business and Professional Regulation.

Orange

El Pueblo Mexican Grocery at 7124 Aloma Ave. Unit C in Winter Park shut down on May 7. Inspectors found 12 violations, two of which were high priorities for roach activity and raw food not separated from ready-to-eat food. Two more inspections occurred on May 8. There were six violations on the first inspection, and the restaurant remained closed. There were four violations on the final inspection. None was a high priority. The restaurant met inspection standards.

La Hacienda Mexican Restaurant at 3090 Aloma Ave. Suite 150 in Winter Park shut down on May 8. Inspectors found 10 violations, two of which were high priorities for roach activity and raw food not separated from ready-to-eat food. Two more inspections occurred on May 9. There were 10 violations on the first of those inspections, and the restaurant remained closed. There were 10 violations on the final inspection. Authorities issued a time extension on the roach activity. The restaurant fixed the issue and met inspection standards. read more

By MICHELLE CHAPMAN, AP Business Writer

Shares of American Eagle Outfitters are tumbling Wednesday after the retailer withdrew its financial outlook for the year citing “macro uncertainty” and said it would write down $75 million in spring and summer merchandise.

American Eagle said late Tuesday that it expects first-quarter revenue to slide 5%, or more than $1 billion. Same-store sales, a key gauge of a retailer’s health, are projected to fall about 3%.

The Pittsburgh company foresees a first-quarter adjusted operating loss of about $68 million due to the inventory write-down as well as heavier spending on promotions.

The company’s stock slumped 7% early on Wednesday.

CEO and Executive Chairman Jay Schottenstein said the retailer is unhappy with its execution during the first quarter.

“Merchandising strategies did not drive the results we anticipated, leading to higher promotions and excess inventory,” Schottenstein said in a statement. “As a result, we have taken an inventory write down on spring and summer goods.” read more

TRENTON, N.J. (AP) — New Jersey’s attorney general said Tuesday chemical manufacturer 3M agreed to pay up $450 million to resolve lawsuits over natural resource contamination stemming from PFAS — commonly referred to as “forever chemicals.”

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The settlement is subject to court approval and a public comment period, Attorney General Matt Platkin’s office said. St. Paul, Minnesota-based 3M is expected to pay $285 million this year, with additional amounts payable over the next 25 years. The total amount could reach $450 million, Platkin’s office said. read more

By DIDI TANG

WASHINGTON (AP) — Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs.

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An executive order Monday from President Donald Trump said the tariffs on low-value parcels originating from China and coming through the U.S. Postal Service will be lowered to 54%, down from 120%.

It also says a per-package flat rate — as an alternative to the value-based tariff — will be kept at $100, rather than being raised to $200 on June 1 as previously decreed. Packages shipped by commercial carriers are subject to the general tariff, which also has been cut. read more

By BERNARD CONDON

NEW YORK (AP) — Federal safety regulators have asked Elon Musk’s car company to explain how its driverless taxis will avoid causing accidents when they hit the road in Texas next month before a national “robotaxi” launch that is key to keeping its stock price aloft.

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  New Jersey says chemical maker 3M agrees to ‘forever chemical’ settlement worth up to $450M

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  US-China deal to slash tariffs also eases burden on cheap packages

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Tesla has been told to provide information on how its taxis will operate safely in Austin, Texas, when there is fog, sun glare, rain and other low-visibility conditions that have been tied to accidents involving the company’s driver-assistance software. Those accidents, including one that killed a pedestrian, triggered the National Highway Traffic Safety Administration to launch an investigation in October of 2.4 million of Musk’s vehicles. read more