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Emera names local Tampa Electric, Peoples Gas board

TAMPA — The energy conglomerate Emera promised to appoint a local board of directors when it acquired TECO Energy in late 2015 in a $10.4 billion deal. The idea was to keep close ties to the …

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Patriot Bank merges with National Bank of Commerce in $31 million deal

TRINITY — Trinity-based Patriot Bank has signed an agreement to merge with Alabama-based National Bank of Commerce in a $31.3 million deal that creates a financial institution with $2.6 bill …

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  1. Allegiant Air posts 57th straight profitable quarter

    Airlines

    The profits keep on rolling in for feisty Allegiant Air even as the airline moves to buy new airplanes and retire its fleet of aging MD-80s.

    Allegiant Air announced Tuesday that it had posted its 57th consecutive profitable quarter with its net profit for the first three months of 2017 coming in at $41.6 million. [Times file]
  2. State lawmakers end budget stalemate, but clash with Rick Scott looms

    State Roundup

    TALLAHASSEE — State lawmakers reached a tentative deal on an $83 billion budget Tuesday that could end the session on time but could put them on a collision course with Gov. Rick Scott.

    Florida's proposed budget is now in the hands of House Speaker Richard Corcoran, R-Land O'Lakes, and Senate President Joe Negron, R-Stuart. [SCOTT KEELER | TIMES]
  3. Pinellas Commission gives preliminary nod to tax money for Blue Jays

    Ml

    CLEARWATER — After a confusing debate, the Pinellas County Commission on Tuesday voted to help Dunedin move forward with an $81 million upgrade of the Toronto Blue Jays spring training complex.

    The county gave preliminary approval to spend $46.5 million in bed-tax money to help upgrade the Toronto Blue Jays spring training facility.
  4. Senate advances bill to let FPL customers pay fracking costs

    State Roundup

    TALLAHASSEE — Florida Power & Light's quest to have customers pay for natural gas fracking projects in other states overcame a key hurdle Tuesday as the Senate Rules Committee passed the controversial measure and overlooked opposition from residential and commercial customers.

    Sen. Aaron Bean, R-Fernandina Beach, had his bill on fracking advance in the Senate on Tuesday. [Scott Keeler | Tampa Bay Times]
  5. IBM hosts subdued shareholders meeting in Tampa

    Corporate

    TAMPA — This tale of two annual meetings held simultaneously in Florida Tuesday by a pair of corporate giants couldn't have a more stark contrast.

    The annual IBM stockholders meeting was held Tuesday at the Tampa Waterside Marriott.
[OCTAVIO JONES   |   Times]
  6. Engineering entrepreneur finds home in USF incubator

    Business

    SaLisa Berrien moved to Tampa just a few years ago, but she's long been familiar with the Sunshine State, thanks to summer visits as a child with Polk County relatives. At that time, she remembers hating the annual trek because it was "hot and full of bugs." These days, the Allentown, Pa., native still finds Florida …

    SaLisa Berrien operates her energy consulting company, COI Energy, out of the University of South Florida’s Tampa Bay Technology Incubator.