Business

Business briefs, May 28, 2015

PARRISH -- Whoppers and chicken fries are on the menu for Parrish residents.

According to documents filed with the Manatee County Building and Development Services department, a 3,700 square-foot Burger King restaurant is planned for construction in the Parkwood Square Shopping Center.

The application was submitted to development services May 18.

The building will include a drive through.

Tire business opens near downtown Bradenton

BRADENTON -- A store selling tires opened on Tuesday at 1836 Ninth St. W. in Bradenton.

L&T Tires provides tire and installation services to customers. The business was started by Tommy Chau and Leo Kein. Kein has had previous experience selling tires. No other auto services are offered at the nearly 3,000 square foot location.

Chau said they leased the building at the beginning of May and have invested almost $50,000.

Software glitch can cause iPhones to shut down

A newly discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message.

Apple says it's aware of the problem and is working on a fix. But some pranksters are sharing information about the glitch on social media and using it to crash other peoples' phones.

The problem only occurs when the iPhone receives a message with a specific string of characters, including some Arabic characters, according to several tech blogs. When an iPhone isn't being used, it typically shows a shortened version of the message on the phone's lock screen. That shortened combination of characters apparently triggers the crash.

Affected phones will restart automatically. Owners can prevent the problem by using phone settings to turn off the message "previews" feature.

Drilling cutbacks a drag on job growth in oil patch

WASHINGTON -- Hammered by cheaper oil, drilling firms have laid off workers and dragged job growth lower in states from Texas to North Dakota.

In Oklahoma, mining and logging jobs, which mostly include oil and gas drilling, fell for the fifth straight month in April. Texas lost 8,300 jobs in the sector, the most in six years, while Wyoming lost jobs in the industry for the fifth straight month.

U.S. bank earnings up 6.9 percent in first quarter

WASHINGTON -- U.S. banks' earnings rose 6.9 percent in the first quarter versus a year earlier as revenues increased, delinquent loans continued to fall and the number of "problem" banks reached a six-year low.

The data issued Wednesday by the Federal Deposit Insurance Corp. showed "gradual but steady improvement" for the banking industry, FDIC Chairman Martin Gruenberg said at a news conference. Still, low interest rates continued to crimp banks' profit margins on loans during the January-March period.

The FDIC reported U.S. banks earned $39.8 billion in the first quarter, up from $37.2 billion a year earlier.

-- Herald staff and wire reports

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