Things To Do In SW Florida

The Department of Business and Professional Regulation shut down seven Central Florida restaurants for health code violations during the week from Nov. 2-8.

Brevard

Hangry Joe’s Melbourne at 1630 S. Wickham Road in West Melbourne shut down on Nov. 4. Inspectors found 29 violations, four of which were high priorities. Those violations included an employee drying their hands on a soiled towel, an employee failing to wash their hands before working with food, rodent activity and an improperly stored toxic substance. A second inspection occurred on Nov. 5. Inspectors found six violations, but none was a high priority. The restaurant met inspection standards.

Orange

Sizler Tandoori LLC. at 7511 International Dr. in Orlando shut down on Nov. 5. Inspectors found 19 violations, two of which were high-priority violations for an employee failing to wash their hands before working with food and raw food not properly separated from ready-to-eat food. A second inspection occurred on Nov. 6. There were five violations, but none was a high priority. The restaurant requires a follow-up inspection, but no longer poses an immediate threat to the public. read more

By STAN CHOE, AP Business Writer

NEW YORK (AP) — U.S. stocks drifted around their records in a mixed day of trading Wednesday.

The S&P 500 added 0.1% and neared its all-time high set a couple weeks ago. The Dow Jones Industrial Average jumped 327 points, or 0.7%, to set a record for the second straight day, while the Nasdaq composite slipped 0.3%.

Advanced Micro Devices was at the front of the market. It rallied 9% after CEO Lisa Su said the chip company is expecting better than 35% of annual compounded revenue growth over the next three to five years. She credited “accelerating AI momentum.”

Stocks benefiting from the artificial-intelligence frenzy have been shaky recently, as investors question whether how much more they can add to already spectacular gains.

Their sensational performances have been one of the top reasons the U.S. market has hit records despite a slowing job market and high inflation. Their prices have shot so high, though, that critics say they’re reminiscent of the 2000 dot-com bubble, which ultimately burst and dragged the S&P 500 down by nearly half. read more

By CHRISTOPHER RUGABER, AP Economics Writer

WASHINGTON (AP) — Raphael Bostic, president of the Federal Reserve Bank of Atlanta, will retire at the end of his current term in February, opening up a new seat on the Fed’s interest-rate setting committee at a time that President Donald Trump is seeking to exert more control over the central bank.

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As president of one of the Fed’s 12 regional banks, Bostic, 59, serves on the 19-member committee that meets eight times a year to decide whether to change a key short-term interest rate that influences borrowing costs throughout the economy. Only 12 of the 19 participants vote on rates at each meeting. The regional Fed presidents rotate as voters, and the Atlanta Fed’s president will next vote in 2027. read more

By Natalie Todoroff, Bankrate.com

When Jessye Kass Karlin asked for a raise, she didn’t just need one person to say “yes.” She needed eight.

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A director of programs at a women’s shelter in Cambridge, Massachusetts, Karlin was in her mid-20s, making around $60,000 per year. She sought a $20,000 salary increase and a new title: executive director. “I sort of had that role already but didn’t have the title or pay to honor the work that I was doing,” she tells me.

Karlin felt she was doing everything right, and then some. Before, the shelter had no formalized volunteer prep, so she created trainings focused on de-escalation tactics and dealing with trauma, as well as an official eight-hour onboarding process. During her tenure, Karlin also increased volunteer retention by almost 80% and boosted the shelter’s revenue. read more

By KEN SWEET, Associated Press Business Writer

NEW YORK (AP) — Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants and retailers over how much they charge merchants to accept their cards.

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The most important part of the settlement could directly impact how customers use their Visa- and Mastercard-issued credit cards, and may result in some consumers getting denied at the point-of-sale for purchases

Visa and Mastercard have been in litigation with a class-action group of merchants for nearly 20 years over the costs they impose on merchants to use their payment networks, known as interchange. A previous settlement was rejected by the judge overseeing the case last this year, requiring Visa and Mastercard’s lawyers to go back to the drawing board on the scope and size of the settlement. read more