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Orlando Science Center sets $12 admission for this Sunday

Orlando Science Center sets $12 admission for this Sunday

Sunday will be $12 Day at Orlando Science Center, where admission will be 12 bucks for the day.

That ticket allows access to all four levels of the Loch Haven Park museum, including the current exhibit called “The Science of Guinness World Records,” which features a giant Pac-Man game and other challenging elements.

The deal coincides with the center’s Fairy Tale Weekend, which emphasizes STEM learning inspired by fantasy books. It’s also Teddy Bear Affair, sponsored by Nemours Children’s Health, during which folks are able to bring a stuffed animal in for a check-up; plus, on Sept. 22 only, Orlando Ballet will present story-time sessions based on “Peter Pan” with dancers and characters at 1 p.m. and 2:30 p.m.

Back to nature: It’s ‘Life’ time at Orlando Science Center

Earlier this year, Orlando Science Center opened “Life,” a multimillion-dollar addition that presents three ecosystems — rainforest, ocean and swamp — and their inhabitants, such as tamarins, a sloth, birds, turtles, squirrels and sea life, including sharks and live coral. read more

Osceola is being scouted for one of the world’s largest data centers

Osceola is being scouted for one of the world’s largest data centers

A site in rural Osceola is being scouted for a new data center that could rival the nation’s largest and bring hundreds of millions of dollars in new investment to the county.

The project would rise on 434 acres on U.S. 441 just north of the Florida’s Turnpike interchange with State Road 60 in Yeehaw Junction, according to a report in GrowthSpotter. To the south lies the 27,000-acre DeLuca Preserve, one of the state’s largest nature preserves. Although the project site is located well outside of the county’s urban growth boundary, more than 100 acres already have been designated for future industrial use because the property was previously zoned for a warehouse distribution center.

A company using the name “US Development” is scheduled for a pre-application meeting with county planning on Oct. 15 to discuss rezoning the balance of the property from agricultural to industrial for a new data center. The land is owned by two groups: Yeehaw Ranch LLC and Patricia and Clyde Luke.

County Manager Don Fisher told GrowthSpotter the county has been working on a master plan to locate potential data center sites and has had conversations with Duke Energy. But he was not familiar with the Yeehaw Junction project. read more

What happens when the Fed finally cuts rates?

What happens when the Fed finally cuts rates?

By NerdWallet

Inflation has slowed and the labor market has softened enough to satisfy the Federal Reserve. That means the central bank is about to cut interest rates.

On Aug. 23, Fed Chair Jerome Powell said, “The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.”

In other words, Americans should prepare to finally catch a break when it comes to borrowing to pay for a home, buy a car or open a new credit card. There are also other implications for the health of the broader economy.

Back in March 2022, the Federal Open Markets Committee (FOMC) began to increase the federal funds rate in response to growing inflation. It hiked rates 11 times before finally pausing. The rates, set at 5.25% to 5.50%, haven’t budged since July 2023.

The first cut will almost certainly happen at the Fed’s upcoming meeting scheduled for Sept. 17-18. The futures market’s CME FedWatch Tool now predicts a 87% likelihood that the FOMC will cut the current target rate by 25 basis points; it predicts a 13% likelihood of a larger cut of 50 basis points. read more

TikTok and the U.S. face off in court over law that could lead to a ban on the popular platform

TikTok and the U.S. face off in court over law that could lead to a ban on the popular platform

By HALELUYA HADERO, AP Business Writer

TikTok faced off with the U.S. government in federal court on Monday, arguing a law that could ban the platform in a few short months is unconstitutional while the Justice Department said it is needed to eliminate a national security risk posed by the popular social media company.

In a more than two hour appearance before a panel of three judges at a federal appeals court in Washington, attorneys for the two sides – and content creators – were pressed on their best arguments for and against the law that forces the two companies to break ties by mid-January or lose one of their biggest markets in the world.

Andrew Pincus, a veteran attorney representing the two companies, argued in court that the law unfairly targets the company and runs afoul of the First Amendment because TikTok Inc. – the U.S. arm of TikTok – is an American entity. After his remarks, another attorney representing content creators who are also challenging the law argued it violates the rights of U.S. speakers and is akin to prohibiting Americans from publishing on foreign-owned media outlets, such as Politico, Al Jazeera or Spotify. read more

Boeing says it’s considering temporary layoffs to save cash during the strike by machinists

Boeing says it’s considering temporary layoffs to save cash during the strike by machinists

By DAVID KOENIG

DALLAS (AP) — Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during the factory workers’ strike that began last week.

The company told employees Monday that the moves, which include reduced spending on suppliers, are necessary because “our business is in a difficult period.”

Chief Financial Officer Brian West detailed 10 immediate cutbacks in a memo to employees.

“We are also considering the difficult step of temporary furloughs for many employees, managers and executives in the coming weeks,” West said.

West said Boeing’s business is in a difficult spot, and “This strike jeopardizes our recovery in a significant way.”

About 33,000 workers represented by the International Association of Machinists and Aerospace Workers began a strike early Friday. The walkout came after workers rejected an offer with pay raises of 25% over four years.