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The proposed 5-cent increase will increase stamp prices by 56% since 2019 as USPS continues to seek long-term financial stability.The US Postal Service (USPS) said this week it was trying to raise the price of first-class eternal stamps from 73 cents to 78 cents this summer.If approved by the Postal Regulation Authority, the price increase will take effect on July 13th, representing an increase of approximately 7.4% across postal services. A similar increase applies to metering letters, national and international postcards and other postal products.The proposed rate adjustment follows a similar increase in stamp prices that rose from 68 cents…
ORLANDO, Fla. (WFLA) — The owner of a Florida furniture store has been sentenced to 30 months in prison for avoiding more than $5.5 million in IRS taxes, interest and fines announced Wednesday by the US Attorney’s Central District of Florida. Court documents showed that David Fletcher, owner and operator of the Deltona Furniture liquidation business, had failed to file his federal income tax returns or pay the taxes he had owed for nearly a decade. Tampa Bay-based fast food restaurant has closed all locations An IRS audit has determined a total of $1.7 million in taxes, interest and penalties…
TAMPA – Seven companies are on the block, owned by Leogovoni, a Clearwater businessman who was accused of receiving $100 million from the Medical Trust Fund in court records.Pinellas County Circuit Court Judge Michael F. Andrews ordered foreclosure sales of businesses identified by bankruptcy trustees appointed by the court to collect money for the more than 1,500 disabled and injured people who were attacked by the Trust Fund.This list includes BCL Aviation, which once owned Govoni’s private jets, and Seaboard Manufacturing, which manufactures mechanical parts.The public auction is scheduled for May 20th at Pinellas County Court House. Items must be…
FORT LAUDERDALE, Fla. (WFLA) – The driver is fortunate to be alive after a concrete slab hits his car while driving a tunnel in South Florida. Gary Gervino was passing through the Henry E. Kinney Tunnel in Fort Lauderdale on Tuesday when some of the concrete smashed the window behind him. Human remains found in a Florida pond tied to a case of a 25-year-old missing person “We didn’t know what the hell was going on, so we turned around, D and I were surprised and the complete rear window crashed,” Gerbino told NBC affiliate WTVJ. “It was scary, it…
TALLAHASSEE — The House and Senate on Wednesday passed billion-dollar budgets, align their spending targets and give them more than three weeks to reach a tax cut agreement.The House of Representatives proposes cutting the overall state sales tax rate, but the Senate on Wednesday outlined a non-aggressive proposal that offers permanent sales tax exemptions for clothing and shoes under $75.Senate President R-Wauchula Ben Albritton said he hopes the House and Senate will “end somewhere in the middle” within the budget. The legislative meeting is expected to end May 2nd, with the state’s new fiscal year beginning July 1st.”We’re going in…
Stan Choe, AP Business Writer NEW YORK (AP) – US stocks have surrendered more than half of their historic profits since the day before, as President Donald Trump’s trade war continues to disrupt and threaten the economy, even if the temperature cools a little. The S&P 500 fell 5% in noon trading and sliced into a 9.5% surge on Wednesday following Trump’s decision to suspend many tariffs around the world. The Dow Jones industrial average fell 1,701 points (4.2%) as of 12:10 PM Eastern time, with Nasdaq’s composites 5.7% lower. UBS strategist Bhanu Baweja wrote in a report on the…
Mark my words: Florida Citrus won’t fall on my watch. This heritage industry is not only essential to the state’s economy, but it is part of Florida’s DNA. Citrus has been a pillar of our state since the 1500s and has built an important economic driver within our important agricultural industry. In fact, Florida Citrus offers more than $6.9 billion in economic impact and employs tens of thousands of Floridians across the state. Citrus issues.Ben Albritton (Matias J. Ochner | Miami Herald)When I say to the grown people left in business, you are not forgotten, you are not alone, and…
LAUDERDALE LAKES, Fla. (WFLA) – A heroic off-duty agent reunited with her grandmother and her 2-year-old granddaughter a few weeks after rescued them as the car jumped into the canal. On March 20th, Audrey Villieres and granddaughter Ameka were leaving the Walmart parking lot at 7 North State Road in Lauderdale Lake, 3001, when the car entered the canal and began to sink. Broward County Sheriff’s Deputy, Andrew Allenker, who had just finished his work that day, was warned of an emergency and responded immediately. At the scene, Alencar immediately jumped into the canal and used a plunger to break…
The Union has announced two funds, including the regional Australian Future Fund and the Future Generation Fund.With polls looming, the coalition is focusing on bushes and is about to announce a $20 billion permanent fund to bridge the Australian gap between the region and the city.The Nationalist Party has pledged to establish a $20 billion Regional Australia Future Fund (RAFF) if the Union wins federal elections.The fund, designed to exist forever, will remove the need for constant lobbying to support infrastructure in the Australian region, said citizen leader David Littleproud.”We’re constantly fighting in the Australian region, fighting to get the…
Marco Island, Fla. (WFLA) – A highly toxic blue, balloon-like creature is washed away on beaches in Florida’s Gulf Coast. NBC affiliate WBBH said they were surprised that beach fans found multiple Portuguese O’Wars washed away along South Beach on Marco Island and nearby Sand Doll Island. 30 peacocks dead as birds continue to disappear from Florida towns, says the neighbor The news station reported that creatures are often mistaken for jellyfish, but they are syphonophores and floating colonies of creatures that act as one. (WBBH) They live in warmer parts of the Atlantic and Indian oceans and are not…