Things To Do In SW Florida

By MICHELLE CHAPMAN, Associated Press Business Writer

The more than 130-year-old Eastman Kodak Co. is cautioning that there’s “substantial doubt” about its ability to stay in business, saying it may have difficulty meeting upcoming debt obligations.

Shares of the photography company slid more than 13% in early trading Tuesday.

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“Kodak has debt coming due within 12 months and does not have committed financing or available liquidity to meet such debt obligations if they were to become due in accordance with their current terms,” the company wrote in a regulatory filing. “These conditions raise substantial doubt about Kodak’s ability to continue as a going concern.” read more

By CHRISTOPHER RUGABER, AP Economics Writer

WASHINGTON (AP) — U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago.

Consumer prices rose 2.7% in July from a year earlier, the Labor Department said Tuesday, the same as the previous month and up from a post-pandemic low of 2.3% in April. Excluding the volatile food and energy categories, core prices rose 3.1%, up from 2.9% in June. Both figures are above the Federal Reserve’s 2% target.

The new numbers suggest that slowing rent increases and cheaper gas are offsetting some impacts of President Donald Trump’s sweeping tariffs. Many businesses are also likely still absorbing much of the cost of the duties. Tuesday’s figures probably reflect some impact from the 10% universal tariff Trump imposed in April, as well as higher duties on countries such as China and Canada.

Brian Bethune, an economist at Boston College, said that overall U.S. tariffs — calculated as the amount of duties paid by U.S. companies divided by overall imports — has reached 10%, the highest in decades, and will likely keep rising for months. read more

By MICHAEL LIEDTKE

YouTube on Wednesday will begin testing a new age-verification system in the U.S. that relies on artificial intelligence to differentiate between adults and minors, based on the kinds of videos that they have been watching.

The tests initially will only affect a sliver of YouTube’s audience in the U.S., but it will likely become more pervasive if the system works as well at guessing viewers’ ages as it does in other parts of the world. The system will only work when viewers are logged into their accounts, and it will make its age assessments regardless of the birth date a user might have entered upon signing up.

If the system flags a logged-in viewer as being under 18, YouTube will impose the normal controls and restrictions that the site already uses as a way to prevent minors from watching videos and engaging in other behavior deemed inappropriate for that age.

The safeguards include reminders to take a break from the screen, privacy warnings and restrictions on video recommendations. YouTube, which has been owned by Google for nearly 20 years, also doesn’t show ads tailored to individual tastes if a viewer is under 18. read more

After closing its downtown Orlando location in April, full liquor sports bar and dog park Pups Pub is opening a new location in Clermont.

Pups Pub signed a 10-year net lease deal on the property at 898 W. Montrose St. in downtown Clermont, the site of a former automotive shop, according to a report in GrowthSpotter. Property owners Issam and Nadia Harb bought the location for $1.05 million in a transaction brokered by Orlando real estate firm Settineri Group.

“I think the use is incredibly interesting, it adds some vibrancy to a portion of downtown Clermont that I think has been relatively quiet for a long time,” Chris Settineri said.“That corner and that intersection really needed a driver for the afternoon to evening hours and I think this is it.”

Sheila Suhar, co-owner of Pups Pub with her husband Alex Wright, said their focus has been to continue their business in a growing community.

“That’s kind of why we picked Clermont, first and foremost, seeing all of what’s existing there and the plans for the future,” she said. “I think Pups Pub will be a great addition to the growth of that community. Excitement is an understatement, to say the least.” read more

By WYATTE GRANTHAM-PHILIPS, Associated Press

NEW YORK (AP) — AOL’s dial-up internet is finally taking its last bow.

Yes, while perhaps a dinosaur by today’s digital standards, dial-up is still around. But AOL says it’s officially pulling the plug for its service on Sept. 30.

“AOL routinely evaluates its products and services and has decided to discontinue Dial-up Internet,” AOL wrote in a brief update on its support site — noting that dial-up and associated software “optimized for older operating systems” will soon be unavailable on AOL plans.

AOL, formerly America Online, introduced many households to the world wide web for the first time when its dial-up service launched decades ago, rising to prominence particularly in the 90s and early 2000s. The creaky door to the internet was characterized by a once-ubiquitous series of beeps and buzzes heard over the phone used to connect your computer online — along with frustrations of being kicked off the web if anyone else at home needed the landline for another call, and an endless bombardment of CDs mailed out by AOL to advertise free trials. read more