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People on the move

People on the move

Boards of directors

Ashley Sanchez, event manager for SeaWorld Orlando, was appointed to the board of directors for UCP of Central Florida.

Courtney Bailes Quarles was appointed to the board of directors for UCP of Central Florida.

Derek De Salvia, executive vice president and chief customer officer at Hilton Grand Vacations, was appointed to the board of directors for Boys & Girls Clubs of Central Florida.

Education

Traci Ash Bjella was hired as vice president of marketing and strategic communications at Seminole State College of Florida.

Other

Anna Zucker was appointed executive director of the Winter Garden Art Association and SOBO Art Gallery.

Awards read more

Recent Central Florida bankruptcies

Recent Central Florida bankruptcies

Chapter 7

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

Tiger Composites Inc., 425 W. Colonial Drive, Suite 303, Orlando. Filed: Aug. 19. Assets: $1,597. Liabilities: $263,407. Major creditors: Thunderbird Industries LLC, Avondale, Ariz., $76,297; City of New Smyrna Beach, New Smyrna Beach, $37,710; CSNK Working Capital Finance Corp., Santa Clara, Calif., unknown. Creditors meeting: Oct. 2.

Linden Investments & Management LLC doing business as The Vineyard Wine Bar & Healthy Bistro, 4848 S. Apopka Vineland Road, Suite 202, Orlando. Filed: Aug. 19. Assets: $16,531. Liabilities: $680,799. Major creditors: The Sterling Organization LLC, West Palm Beach, $88,824; Deborah Linden, Windermere, $71,200; American Express, Carol Stream, Ill., $38,622. Creditors meeting: Oct. 1.

Golden Magnolia Inc., 1 Hargrove Grade, Building B, Suite 2, Palm Coast. Filed: Aug. 20. Assets: $507,000. Liabilities: $1,531,009. Major creditors: Atis Resort Corp., Palm Coast, $686,588; Larisa Leonova c/o Woolsey Morcom, Ponte Vedra, $250,000; Bank of America, Dallas, $150,000. Creditors meeting: Oct. 2. read more

Average rate on a 30-year mortgage falls to lowest level in nearly a year

Average rate on a 30-year mortgage falls to lowest level in nearly a year

By ALEX VEIGA, AP Business Writer

The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week.

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The long-term rate eased to 6.35% from 6.5% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.2%.

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also fell. The average rate slipped to 5.5% from 5.6% last week. A year ago, it was 5.27%, Freddie Mac said. read more

The US keeps breaking renewable energy records

The US keeps breaking renewable energy records

By Kyle Stock, Bloomberg News

The Trump administration has been slashing green energy incentives, freezing the construction of wind farms and ordering coal-burning power plants to keep running longer than planned. And yet, more American homes and businesses are getting their power from renewable sources than ever before — and in greater amounts.

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In June, almost one-quarter of U.S. power generation was green, up from 18% in the year-earlier period, according to data compiled from the U.S. Energy Information Administration. The question now is whether the trend continues with President Donald Trump back in the White House. read more

Disney Cruise Line delays new ship Disney Adventure’s debut 3 months

Disney Cruise Line delays new ship Disney Adventure’s debut 3 months

Disney Cruise Line has delayed the launch of one of two ships it had planned to debut later this year, citing “unexpected delays” in the shipbuilding process.

The Disney Adventure, which was expected to sail out of Singapore for the first time in December, will now celebrate its maiden voyage on March 10, 2026. All voyages scheduled from Dec. 15-March 12, 2026, will be canceled and effected guests will have options to rebook at a future date.

Disney Destiny, though, is still set to sail on time with its debut from Port Everglades in November.

“As we work on the final touches to bring the Disney Adventure to our guests, we’ve encountered unexpected delays in the shipbuilding process,” said Joe Schott, president of Disney Signature Experiences, in an emailed statement. “To ensure the experience we deliver reflects our commitment to excellence, we’ve made the decision to adjust our timeline. We know this may be disappointing to our guests, and we’re working directly with them to offer flexible rebooking options and uphold the trust they place in us.” read more