Business briefs: BB&T selects clubs for Lighthouse project

June 20, 2014 

BRADENTON -- BB&T Insurance Services of Bradenton has selected the Boys & Girls Clubs of Manatee County for this year's BB&T Lighthouse Project.

The Lighthouse Project is an annual service project. As part of the Lighthouse Project, BB&T provided T-shirts for the children attending the Palmetto Boys & Girls Club's Summer Program and donated 100 backpacks filled with school supplies, which will be given out to children Aug. 5 during the Palmetto Club's National Night Out community event.

The BB&T Lighthouse Project team is also providing food for the event and will be on hand to help serve food and distribute the backpacks.

BB&T Insurance Services, originally Wyman, Green & Blalock, has been in the community since 1908 and is the oldest established independent agency in the greater Bradenton/Sarasota area. Since 2006, the agency has been part of BB&T Insurance Services, the nation's sixth-largest insurance broker.

Security fee on airline tickets set to rise

WASHINGTON -- Airline passengers are about to pay more for security screening.

Following orders from Congress, the Transportation Security Administration is poised to raise the fee to $5.60 each way. That's up from $2.50 each way for a nonstop flight and $5 for a trip including connections.

Trips with long stopovers will have bigger increases -- each leg will trigger a new fee.

The proposed changes will be published Friday in the Federal Register and take effect 30 days later.

Congress approved higher TSA fees as part of a December budget deal.

A spokeswoman for industry trade group Airlines for America says the changes will hurt people in smaller cities who must take more one-way flights to get where they're going.

Unemployment claims fall to seven-year low in U.S.

Initial jobless claims fell last week and the total number of Americans receiving unemployment benefits hit a new seven-year low, the Labor Department said Thursday.

The number of people filing for the first time for jobless benefits dropped in the week ended Saturday to 312,000, from the previous week's revised 318,000.

The new figure was in line with economists' forecasts and was near the post-Great Recession low of 298,000 reached in early May.

The less volatile four-week average fell by 3,750 to 311,750, also near the post-recession low hit in late May.

As the initial claims have dropped in recent months, the overall number of people receiving unemployment benefits also has fallen.

The most recent data available, for the week ended June 7, showed the figure down to 2.56 million recipients, the fewest on the unemployment rolls since October 2007. The decline is consistent with a slowly improving labor market.

The economy added 217,000 net new jobs in April and the unemployment rate was 6.3 percent, matching its lowest level since late 2008.

Leasing transactions close recently

BRADENTON -- Lightning Vapes, LLC has recently leased about 1,650 square feet of office space at 5207 26th St. W., Suite D, in Bradenton. Tony Veldkamp, CCIM and Angela Varga with Sperry Van Ness Commercial Advisory Group handled the transaction.

I-Net Consulting has leased 1,405 square-feet of office space at 1900 Main St., Suite 308-310, in downtown Sarasota. Linda Emery and Bruce Dilges with Sperry Van Ness Commercial Advisory Group handled the transaction.

Herald staff and wire reportT

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