Things To Do In SW Florida

By STAN CHOE, AP Business Writer

NEW YORK (AP) — U.S. stocks are giving back some of their big recent gains Monday, ahead of potential flashpoints later this week that could bring more sharp swings for financial markets.

The S&P 500 was down 0.8% in afternoon trading and on track to break a four-day winning streak. The Dow Jones Industrial Average was down 145 points, or 0.4%, as of 1:45 p.m. Eastern time, and the Nasdaq composite was 1.1% lower.

It’s a lull following historic swings that have been rocking markets for weeks, as hopes rise and fall that President Donald Trump may back down on his trade war. Many investors believe Trump’s tariffs could cause a recession if left unchecked.

Coming into Monday, the S&P 500 had roughly halved its drop that had taken it nearly 20% below its record set earlier this year. But weakness for some influential tech stocks ahead of their earnings reports later this week weighed on the market.

Amazon fell 1.6%, Microsoft sank 0.8%, Meta Platforms lost 0.2% and Apple slipped 0.1%. All are on the schedule to report their latest result this week, and they’re some of Wall Street’s most influential companies because they’ve inflated to become some of the biggest in terms of size by far. read more

It’s been nearly seven months since United Launch Alliance had its last rocket launch, but the company’s first flight of 2025 could come to fruition on Monday night.

A ULA Atlas V on the Kuiper 1 mission carrying 27 of Amazon’s satellites for its Project Kuiper broadband internet constellation is targeting liftoff at 7 p.m. at the opening of a two-hour launch window from Cape Canaveral Space Force Station’s Space Launch Complex 41.

Space Launch Delta 45’s weather squadron forecasts a 75% chance for good launch conditions, which increases to 90% if the attempt is delayed to Tuesday night.

The launch attempt comes more than two weeks since a first tryt that was stymied by weather forcing a scrub.

The launch would be the first since ULA’s Cert-2 mission of its new Vulcan rocket that flew on Oct. 4, 2024. ULA had been hoping to get a quick certification of the Vulcan from the Space Force that would open up the door for the company to begin using it to start knocking out a backlog of national security missions. The certification process, though, stretched for months, only coming on March 26. read more

For many years, the Pension Retirement Center (PRC), a nonprofit organization has provided services at no cost related to individual retirement plans. The center has encouraged the development of a database of information about benefits that employees are entitled to from previous retirement plans. As a result of the SECURE 2.0 Act of 2022, the Department of Labor created such a database.

If you believe you are entitled to assets in a retirement plan from prior employment, it is to your advantage to access this “lost and found” database.

Currently, the database, known as RSLF, is provided information by retirement plan administrators and authorized third parties, such as plan record keepers. The administrators should file, at least annually, but they are encouraged to file more frequently, such as quarterly.

The information filed should identify the separated vested participants who are age 65 or older and may be owed benefits. It can also contain information regarding survivor benefits. read more

In an effort to keep alive their bid to resurrect the availability of so-called “one-way attorneys fees” in lawsuits against insurers, the Florida House adopted a bill that added their proposal to an unrelated Senate bill on Friday.

But if the House had hoped the amended bill would slip by the Senate, proponents of reforms that reduced insurers’ legal costs are urging senators to reject it when it comes back to them in the coming days.

“I hope the Senate will do the right thing and be the adults in the room,” said Stacey Giulianti, chief legal officer at Boca Raton-based Florida Peninsula Insurance.

The effort to restore the right of plaintiffs to claim attorneys fees in lawsuits against insurers has overshadowed dozens of other insurance-related bills introduced for the session, leaving only a handful with minor impacts poised for enactment.

Until the late bid emerged, the Senate seemed content to ignore bills that would require insurers to once again pay fees incurred by policyholders who sue them. read more

Frustrated by what they see as high costs and low ridership, Seminole County officials plan to cut most Lynx bus routes and launch a micro-transit service that dispatches small vans to homes and offices to shuttle riders around the county.

The plan would leave running the most heavily used routes closest to the Orange County border but would cancel the others that county officials say often have mostly empty buses.

According to details unveiled at a county meeting this week, Seminole would hire a private company by Oct. 1 to provide on-demand, door-to-door van service for most of the county — except in the eastern rural area where Lynx doesn’t provide service.

Seminole Commissioners have long blasted Orlando-based Lynx — which runs buses in Seminole, Orange and Osceola counties — as inefficient and not worth the $17 million cost this year.

But some longtime Seminole Lynx riders wonder if replacing many routes with a door-to-door, on-demand service would be efficient and dependable.

On a recent morning, Paul Pilkington waited to transfer to a second bus at a Lynx stop in Fern Park. He frequently uses Lynx for medical appointments, taking buses to get from his home near Longwood to Orlando because he can’t afford a car. read more