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Reported electrical problems in Airbus cockpits includes loss of indicators, gauges
Florida Business News
NEWARK, N.J. (AP) ? As United Flight 731 climbed out of Newark with 107 people aboard, the pilot and first officer were startled to find screens that display crucial navigational information were blank or unreadable and radios were dead.
They had no way to communicate with air traffic controllers or detect other planes around them in the New York City area?s crowded airspace.
Source: Business
Home prices rise in Northeast Florida
Florida Business News
Home prices rose again last month in Northeast Florida after dropping in July.
According to the Northeast Florida Association of Realtors, the median sales price in July was $141,750, up from $139,000 in July and $137,000 in August 2011. Average sales prices rose even more, to $196,294 in August. That?s up from $176,792 in July and $178,556 in August 2011.
Pending sales continued to rise, as they have for most of the year, to 2,011 in August. That?s up 213 from July and up 514 from August 2011.
Source: Business
Fidelity executive urges local girls' finance group: If you have the income, invest it
Florida Business News
Although the Dow Jones average is up almost 7,000 points in the past 3½ years, it?s still had its ups and downs. Throw in other factors like a stagnant real estate market, low interest rates and the upcoming fiscal cliff, and many people don?t know what to think.
?The average investor was shaken by what happened in ?08 and ?09,? said Kathleen Murphy, president of personal investing at Fidelity Investments. ?The world has gotten smaller. What happens in Greece affects us here.
Source: Business
Jacksonville employees find possible waste company underpayment but no action taken
Florida Business News
A waste disposal company looking for incentives from Jacksonville City Hall may have underpaid the city by tens of thousands of dollars over the past four years, according to internal emails, a situation discovered four to eight months ago but not yet dealt with.
Since that discovery, the city?s solid waste department has studied what payments have been made by landfill operator Advanced Disposal and what should have been paid but has not taken any actions, Public Works Director Jim Robinson said.
Source: Business
Lex & Terry back on First Coast radio
Florida Business News
They're back on the radio in Jacksonville - again.
After a year?s absence from the local airwaves, the Lex (Staley) and Terry (Jaymes) Radio Show returns Monday on Classic Rock WSOS (94.1 FM).
Currently syndicated out of Dallas on 24 radio stations nationwide, the closest in Gainesville and Tallahassee, this will be the radio duo?s third time on their old home airwaves in as many years.
Source: Business
Cost will be big factor in Jacksonville's selection of homeless day center site
Florida Business News
The high cost of rehabilitating Jacksonville?s old Armory for use as a homeless day center could make the site less likely to be picked for that purpose, according to documents released Wednesday by Mayor Alvin Brown?s office.
The Armory, at the intersection of Market and State streets, is one of seven sites (containing nine buildings) being considered for the center, which Brown pledged in April to have operating by the end of the year.
That deadline is unlikely to be met, Brown?s spokesman, David DeCamp, said Wednesday, although it?s still the goal.
Source: Business
Working on the First Coast: Locksmith is a real turn-key business
Florida Business News
Northside Lock, Key & Safe is a family operation. Terry and Becky Kuch own it. Daughter Amanda Blankenbicker works there, so does grandson Matthew Thompson.
They?ve been on Dunn Avenue since 1994, working out of a converted house crammed full of safes, locks and walls covered with hundreds of blank keys. Thousands more sit stored in boxes. They were on Lem Turner Road before that. Locksmithing is what the Kuch family has been doing for 35 years.
Tuesday, Terry Kuch came in from his first job of the morning, sipped a large cup of coffee and talked about it.
Source: Business
Former Saturn of Regency on Atlantic Boulevard to become bus dealership
Florida Business News
The former Saturn dealership on Atlantic Boulevard has been sold and will become a dealership for buses and vans.
Saturn of Regency, 8600 Atlantic Blvd., closed in late 2009, not long after General Motors made the decision to eliminate the entire Saturn line of cars.
Source: Business