Things To Do In SW Florida

Boards of directors

Suzi Brady, director of transition and training, Naples Hotel Group, was appointed president of the Skal International Orlando 2025 board of directors.

Norah White, director of sales and marketing, I-Drive District/I-Ride Trolley, was appointed vice president of the Skal International Orlando 2025 board of directors.

Frank Dolley, general manager, CoCo Key Hotel & Water Resort, was appointed secretary of the Skal International Orlando 2025 board of directors.

Jeff Calvert, president, HomeWatchCFL, was appointed treasurer of the Skal International Orlando 2025 board of directors.

Ross Burke, property manager, 4acre Property Services, was appointed executive treasurer of the Skal International Orlando 2025 board of directors.

Jesse Martinez, vice president business growth and operations, Clean Tec Outsourcing, was appointed Skal USA Representative for 2025 and immediate past president of the Skal International Orlando 2025 board of directors..

Submit professional appointments, management-level promotions and significant awards for individuals, along with photos as .jpg attachments, to peopleonmove@orlandosentinel.com. read more

Chapter 7

Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include:

Florida TNT Group LLC, 318 Hobart Ave., Daytona Beach. Filed: April 10. Assets: $100,001-$500,000. Liabilities: $100,001-$500,000. Major creditors: Not available. Creditors meeting: May 13.

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:

1027 Fantasy LLC doing business as Adventure Island, 274 Ronald Reagan Parkway, Davenport. Filed: April 10. Assets: $10,900,000. Liabilities: $7,338,257. Major creditors: Unique Funding Solutions LLC, Miami, $400,000; LEAF Capital Funding, Nottingham, Md., $4,000. Creditors meeting: May 12.

Wave Asian Bistro LLC, 301 N. Baker St., Suite 101, Mount Dora. Filed: April 11. Assets: $29,087. Liabilities: $565,257. Major creditors: Avion Funding, Farmingdale, N.J., $200,000; Carpe Capital, Lakewood, N.J., $160,000; Florida Department of Revenue, Tallahassee, $84,067. Creditors meeting: May 12. read more

By MICHELLE CHAPMAN, AP Business Writer

Major U.S. airlines are reducing their flight schedules and revising or withdrawing their profit outlooks for the year due to less domestic travel demand as sentiment about the national and global economies sours.

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American Airlines pulled its financial guidance for 2025 on Thursday, joining rivals Southwest and Delta in declaring the economic outlook too uncertain to provide full-year forecasts. All three airlines cited weakening sales among economy class leisure travelers.

“We came off a strong fourth quarter, saw decent business in January, and really domestic leisure travel fell off considerably as we went into the February time frame,” American Airlines CEO Robert Isom told CNBC. read more

By ALEX VEIGA, AP Business Writer

The average rate on a 30-year mortgage in the U.S. eased this week, though it remains close to its highest level in more than two months.

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The rate fell to 6.81% from 6.83% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.17%.

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also fell. The average rate dropped to 5.94% from 6.03% last week. It’s down from 6.44% a year ago, Freddie Mac said.

Mortgage rates are influenced by several factors, including global demand for U.S. Treasurys, the Federal Reserve’s interest rate policy decisions and bond market investors’ expectations for future inflation. read more

Entering young adulthood saddled with debt has become standard for many who want an undergraduate degree, sometimes to the tune of tens-of-thousands of dollars.

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Around 45% of 2025 high school graduates will go on to a four-year college, according to NerdWallet analysis, and more than one-third of them will take on student loans to pay for their higher education. With interest rates on undergraduate federal student loans the highest in over 10 years, understanding how to best navigate college funding and loan repayment options can help these students prepare for the future.

Note: At the time of publication, developments are ongoing regarding the future of the Department of Education, university funding, some student loan repayment and forgiveness options and certain grants and scholarships. Incoming college students and their parents should rely on their respective support systems within academia for updates and guidance — these include financial aid offices, guidance and/or admissions counselors and nonprofit student help organizations. read more