Things To Do In SW Florida

A Panera Bread “fresh dough facility” in Orlando will close in July, resulting in all 114 employees losing their jobs.

The company’s facility on Parkline Boulevard will close on July 25, according to an email the company sent to Orlando Mayor Buddy Dyer and the Florida Department of Commerce. The email was sent under a federal law that requires employers to give 60 days notice about “plant closings and mass layoffs.”

The letter did not say why the facility was closing but said the closure is expected to be permanent.

The online Restaurant Business website reported in April, however, that Panera would be closing nine remaining “fresh dough facilities” as it changed the way it “produces its bread, long a core ingredient for Panera.” The company had previously announced closures of dough facilities in California, Kansas and North Carolina, resulting in hundreds of layoffs, it said.

Under its new plan, instead of mixing dough in its facilities and then shipping it to individual cafes to be baked into loaves each morning, Panera will use “third-party bakers” to make the dough using Panera recipes, the site reported. The dough will then be “par-baked and frozen to be finished in the cafes,” Restaurant Business said. read more

Two side-by-side big box retail stores are set as anchor locations within the Hills of Minneola’s planned town center, Minneola Marketplace.

With over 340,000 square feet of retail space combined, the two stores — northeast of the intersection of North Hancock Road and Citrus Grove Road, southwest of Minneola’s turnpike interchange — will command over 38 acres and parking spaces for over 1,400 cars, according to a report in GrowthSpotter.

The developer is not identifying the stores, but the site plan and building footprints are nearly identical to the side-by-side Walmart Supercenter and Sam’s Club announced last month in Davenport.

The 74-acre mixed-use Minneola Marketplace site will be developed by SunTerra Communities, based out of Oviedo.

“We’re pretty excited about it at this point,” SunTerra Principal Richard Jerman said. “We know getting through the process and approvals will be a challenge, because it’s not maybe what a lot of people visualized, but it’s the best thing for the residents of Minneola.” read more

f you want to invest in a money-market fund, I strongly recommend that you consider Vanguard.

First, I want you to know that I am not employed by Vanguard, and if you do invest in Vanguard’s money-market fund, I will receive no compensation.

As you know, the stock market is volatile, and many investors are now investing in conservative vehicles such as money-market funds because they want to minimize capital risk and remain liquid, while also earning a reasonable rate of return. Currently you can obtain a net return of over 4% if you select the right financial firm offering money-market funds.

As of the day I wrote this column (May 5), I have already made a significant investment in the Vanguard Federal Money Market Fund (VMFXX), and I don’t lose any sleep over that investment. The seven-day SEC yield is 4.24%, taking into consideration a yearly expense ratio of 0.11%. Although the rate can change daily, that return has been consistent over the last month.

In a recent article in the Wall Street Journal, Jason Zweig, a well-respected journalist, indicated in the headline of his article, ”Your Money-Market Fund is Ripping You Off.” In the article, he pointed out, with examples, how well-respected financial firms are using many techniques to avoid paying their customers a competitive return. read more

By MATT BROWN and MATT O’BRIEN

WASHINGTON (AP) — House Republicans surprised tech industry watchers and outraged state governments when they added a clause to Republicans’ signature “ big, beautiful ” tax bill that would ban states and localities from regulating artificial intelligence for a decade.

The brief but consequential provision, tucked into the House Energy and Commerce Committee’s sweeping markup, would be a major boon to the AI industry, which has lobbied for uniform and light touch regulation as tech firms develop a technology they promise will transform society.

However, while the clause would be far-reaching if enacted, it faces long odds in the U.S. Senate, where procedural rules may doom its inclusion in the GOP legislation.

“I don’t know whether it will pass the Byrd Rule,” said Sen. John Cornyn, R-Texas, referring to a provision that requires that all parts of a budget reconciliation bill, like the GOP plan, focus mainly on the budgetary matters rather than general policy aims. read more

By MICHAEL LIEDTKE, Associated Press

SAN FRANCISCO (AP) — The internet wouldn’t be the same without the Like button, the thumbs-up icon that Facebook and other online services turned into digital catnip.

Like it or not, the button has served as a creative catalyst, a dopamine delivery system and an emotional battering ram. It also became an international tourist attraction after Facebook plastered the symbol on a giant sign on that stood outside its Silicon Valley headquarters until the company rebranded itself as Meta Platforms in 2021.

A new book, “Like: The Button That Changed The World,” delves into the convoluted story behind a symbol that’s become both the manna and bane of a digitally driven society.

It’s a tale that traces back to gladiator battles for survival during the Roman empire before fast-forwarding to the early 21st century when technology trailblazers such as Yelp co-founder Russ Simmons, Twitter co-founder Biz Stone, PayPal co-founder Max Levchin, YouTube co-founder Steve Chen, and Gmail inventor Paul Buchheit were experimenting with different ways using the currency of recognition to prod people to post compelling content online for free. read more