Things To Do In SW Florida

Chapter 7

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

Safari Heritage Parts Inc., 3454 Aloma Ave.,  Winter Park. Filed: July 8. Assets: $0. Liabilities: $1,533,940. Major creditors: American Coradius International, Buffalo, N.Y., $1,293,995; U.S. Small Business Administration, Washington, D.C., $150,000; Processing & Disbursement Center, Fort Worth, Texas, $15,000. Creditors meeting: Aug. 18.

Chapter 11

Central Florida individuals and businesses that have filed for reorganization and protection from creditors under Chapter 11 of the U.S. Bankruptcy Code include:

Endless Possibilities Therapy and Learning LLC, 3880 Catalina St., Titusville. Filed: June 26. Assets: $0-$50,000. Liabilities: $100,001-$500,000. Major creditors: Ascendus, New York City, $16,112; U.S. Small Business Administration, Washington, D.C., $13,700; Tracy Boyd, Rockledge, $9,538. Creditors meeting: July 28.

BMI Smart Parking Lots LLC, 5282 Patch Road, Orlando. Filed: June 27. Assets: $0-$50,000. Liabilities: $0-$50,000. Major creditors: Not  available. Creditors meeting: July 28. read more

By ALEX VEIGA, AP Business Writer

The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out prospective homebuyers.

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The long-term rate ticked up to 6.75% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.77%.

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose. The average rate increased to 5.92% from 5.86% last week. A year ago, it was 6.05%, Freddie Mac said. read more

By MATTHEW PERRONE, AP Health Writer

WASHINGTON (AP) — The Food and Drug Administration is allowing vaping brand Juul to keep its e-cigarettes on the market, providing relief to a company that has struggled for years after being widely blamed for sparking the teen vaping trend.

FDA regulators said Thursday that Juul’s studies show its e-cigarettes are less harmful for adult smokers, who can benefit from switching completely to vaping.

The FDA decision applies to both tobacco- and menthol-flavored versions of the reusable product, which works with nicotine-filled cartridges sold in two different strengths. Juul previously discontinued several fruit and candy flavors that helped drive its popularity but were favored by teens.

Juul will be one of only two U.S. companies authorized to sell menthol-flavored vapes, which many adults prefer to tobacco flavor.

“This is an important milestone for the company and I think we made a scientifically sound case for the role that menthol can play in e-vapor,” Juul CEO K.C. Crosthwaite told The Associated Press. read more

President Donald Trump signed his “big, beautiful bill” into law on July 4, making changes to health insurance coverage for millions of Americans.

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If you have a marketplace health insurance plan, sometimes also known as Obamacare or Affordable Care Act (ACA) plans, your premiums might go up, and you might need to do more work to stay eligible.

Here are a few key changes to marketplace health insurance in the new law — plus one thing that went unaddressed — and what to do about them.

» MORE: What the ‘big, beautiful bill’ means for your finances read more

By STAN CHOE, AP Business Writer

NEW YORK (AP) — Wall Street rose to records on Thursday following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies.

The S&P 500 climbed 0.5% to top its all-time high set a week ago. The Dow Jones Industrial Average rose 229 points, or 0.5%, and the Nasdaq composite added 0.7% to its own record set the day before.

Trading was calmer than Wednesday’s, when President Donald Trump jolted financial markets by saying he had discussed the “concept” of firing the chair of the Federal Reserve but was unlikely to do so. Such a move could help Wall Street get the lower interest rates it loves but would also risk a weakened Fed unable to make the unpopular moves needed to keep inflation under control.

A strong profit report from Taiwan Semiconductor Manufacturing Co. helped drive tech stocks, and its net income soared nearly 61% in the last quarter from a year earlier. The chip maker said it’s seeing strong demand from artificial-intelligence and other customers, and TSMC’s stock that trades in the United States rose 3.4%. read more