Things To Do In SW Florida

By DAMIAN J. TROISE, AP Business Writer

NEW YORK (AP) — Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest financial results and try to give investors financial forecasts.

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Some tariffs remain in place against key U.S. trading partners, but others have been postponed to give nations time to negotiate. The tariff and trade picture has been shifting for months, sometimes changing drastically on a daily basis. Those shifts make it difficult for companies and investors to make a reliable assessment of any impact to costs and sales. read more

Port Canaveral’s nearly 926,000 cruise passengers in March fueled a record month that saw operating revenue halfway through the fiscal year top $100 million for the first time.

“It wasn’t that long ago that we were excited about a half a million guests, breaking the 500,000 mark, and 926,000 is crazy in one month,” port CEO Capt. John Murray said during the port authority commission meeting Wednesday.

For the six months from October 2024 through March 2025, the port had 544 ship calls with more than 4.4 million multiday passenger movements. At this point last year, the port had only 480 ship calls and 3.9 million passenger movements. The fiscal year runs through September.

And more passengers means more parking fees: The port set a one-day record in March of more than 11,000 cars.

“It’s even stronger demand this year than it was last year during spring break,” Murray said. “We’ve been predicting it, and we’re ready for it, so it’s been successful.”

For the six months, cruise-related operating revenue topped $102 million while cargo, leases and recreation added nearly another $10 million. Overall operating expenses were near $67 million, which gives the port around $43 million to pay off debt and invest in projects. read more

Spring and summer are traditionally hot months for homebuying, but some would-be buyers with student loan debt could encounter unexpected trouble.

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Nearly 10 million federal student loan borrowers may be facing delinquency, potentially dropping their credit scores by 150 points or more, according to a report released by the Federal Reserve Bank of New York on Mar. 26. That kind of damage could torpedo homebuying plans. Here’s why this is happening, and what borrowers can do.

Why delinquencies are rising

From March 2020 through September 2023, federal student loan payments were suspended as an emergency pandemic measure. To transition borrowers back to repayment, the Biden administration created the student loan on-ramp, a 12-month period when late or missed payments weren’t penalized. read more

By SETH BORENSTEIN, AP Science Writer

WASHINGTON (AP) — The world’s biggest corporations have caused $28 trillion in climate damage, a new study estimates as part of an effort to make it easier for people and governments to hold companies financially accountable, like the tobacco giants have been.

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A Dartmouth College research team came up with the estimated pollution caused by 111 companies, with more than half of the total dollar figure coming from 10 fossil fuel providers: Saudi Aramco, Gazprom, Chevron, ExxonMobil, BP, Shell, National Iranian Oil Co., Pemex, Coal India and the British Coal Corporation. read more

By ELAINE KURTENBACH

SHANGHAI (AP) — Leading automakers are showcasing their latest designed-for-China and the world models at the Shanghai auto show this week, fighting not to be edged aside in the world’s largest car market while watching for U.S. President Donald Trump’s next steps in his trade war.

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This year’s show in the sprawling industrial outskirts of Shanghai comes at a pivotal moment. Three decades after Beijing set out to build a world-class auto industry, local manufacturers account for about two-thirds of sales inside China, and a growing share of global exports. read more