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LOCAL NEWS
On Thursday, May 16, the Blueprint Intergovernmental Agency (IA) held a budget workshop followed by a regular meeting in city hall. The IA addressed the Airport Gateway and affordable housing. Get the details.
The latest job report shows that the number of people working in Leon County in April 2024 was 1,767 more than in April, 2023. Get the details.
During the rescheduled Leon County School Board meeting on Thursday, elected officials addressed a number of issues, including policies related to weapons, attendance, and homeless students.
FLORIDA NEWS
U.S. Sugar is partnering with Florida A&M University (FAMU) and Tuskegee University to study the environmental and economic impacts of sugarcane farming in South Florida’s Glades region to enhance sustainable agriculture.
Gasoline prices in Florida were flat over the past week, as large numbers of travelers prepare to hit the road for Memorial Day. The average price of a gallon of regular unleaded in Florida was $3.44 on Monday, the same as a week earlier, according to the AAA auto club.
NATIONAL NEWS
A defense witness in Donald Trump’s hush money case whom the judge threatened to remove from the trial over his behavior will return to the stand Tuesday as the trial nears its end. Trump’s lawyers are hoping Robert Costello’s testimony will help undermine the credibility of a key prosecution witness, Trump fixer-turned-foe Michael Cohen.
Red Lobster has filed for Chapter 11 bankruptcy protection, facing mounting debt and reduced sales. Established in 1968, the company is the world’s largest seafood chain, serving an estimated 64 million customers annually across more than 550 restaurants in the US and Canada.
US stock markets close mixed (Dow -0.5%, S&P 500 +0.1%, Nasdaq +0.7%); Nasdaq hits record high in intraday trading as Nvidia shares rise 2% (More)
TALLAHASSEE WEATHER
The Tallahassee Reports Daily Briefs: Tuesday, May 21, 2024 added by Staff on
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U.S. Sugar is partnering with Florida A&M University
So corrupt mega corporation teams with corrupt university.
Profits taken from tax money to follow.
So, if not for Amazon, we might have only increased a few hundred jobs. Also, Feb and Mar in 2022 and 2023 had employment increases whereas, 2024 had decreases- precursor?
Spider: Chapter 11 just means a re-org. It allows them to re-align their debt with the creditors(maybe even take on some additional debt) – doesn’t always mean they just close everything.
Does this mean Tallahassee’s red Lobster is gone as well? I had roomates who worked there in the 70s. If its gone.. I will miss it.