Sunday, June 30, 2019

Delaware Beach Cities Boom

Delaware Beach Cities Boom

IncSmart Delaware (Small Business and Startups) - Delaware beach cities are getting a hotel boom.  Twelve new hotels are on the books for Delaware beach cities, creating a building boom in the southern part of the state.  This redevelopment is particularly noticeable in Sussex County and Rehoboth.  2018 occupancy rates are about 80%, according to the Southern Delaware Tourism Association.  Much of the Delaware market is from New York City and Philadelphia.  

Thursday, June 6, 2019

Uber Helicopter Rides in New York

Uber Helicopter Rides in New York

IncSmart New York (Small Business and Startups) - Uber will be offering helicopter rides in New York City.  Uber Technologies Inc is going to start testing service in New York City starting on July 9th.  Customer will be able to book flights starting July 7th on the new app called Uber Copter.  The rides can be booked up to five days in advance and each ride will hold 5 customers.  

Sunday, June 2, 2019

Alaska Commercial Seaweed

Alaska Commercial Seaweed

IncSmart Alaska (Small Business and Startups) - Alaska commercial seaweed industry has a bumper crop.  Five years ago, there were no seaweed farmers in Alaska.  Today are 16 producing operations in the state.  Seaweed is a $6 billion business worldwide, with Korea, Japan and China taking the lead.  Seaweed is used for food, fertilizer, animal feed, and many other products including pharmaceuticals.  Alaska grown seaweed harvest will be over 200,000 pounds this year.   Alaska will have a $100 million dollar industry within the next decade

Thursday, May 30, 2019

Oklahoma Opioid Lawsuit

Oklahoma Opioid Lawsuit

IncSmart Oklahoma (Small Business and Startups) - Oklahoma opioid lawsuit is the first state to be watched nationally for ongoing health crises.  The Attorney General filed suit in June of 2017 accusing Johnson and Johnson of intentionally creating the drug crisis.   The Attorney General said they aggressively marketed to doctors knowing there was an addiction problem.  If the case is settled out of court, it will set a precedence for the county at large in the state suites that are filed or are pending,  In a previous law suit against OxyContin, the state was awarded several hundred million dollars that the state will use for addiction research.  

Wednesday, May 29, 2019

New York Growing Industry

New York Growing Industry

IncSmart New York (Small Business and Startups) - New York growing industry in high tech is a boom for Brooklyn.  Technology is changing Brooklyn real estate and driving economic growth.  Brooklyn is booming after the era of industry moving from the US.  The empty factories and warehouses are in demand and real estate prices are increasing, as Brooklyn experiences rapid growth.   Brooklyn also has a number of Opportunity Zones with tax incentives.  The Trump Opportunity Zones were passed as part of the Federal Tax Reform Bill of 2017.  These zones are low income and economically depressed areas.  

Tuesday, May 28, 2019

Storm Recovery in Missouri

Storm Recovery in Missouri

IncSmart Missouri (Small Business and Startups) - The Missouri National Guard had been activated as the state recovers from last week storm and ongoing flood fighting efforts.  The storm is 8 years to the day of the Joplin disaster, which was the deadliest tornado after the St. Louis tornado May 27 1896 where 255 people were killed.  The Joplin tornado killed over 150 people.  And EF3 tornado tore apart building in the Jefferson City, the capital.  Jefferson City damage encompasses a three mile area.  The American Red Cross is accepting donations for disaster relief victims.  Magellan Health is also providing trauma and fear counseling for victims of the storm.

Friday, May 24, 2019

New FAA Regulations in Nevada

New FAA Regulations in Nevada

IncSmart Nevada (Small Business and Startups) - New FAA regulations are restricting drone flights in Las Vegas Nevada.  The new FAA regulations restrict airspace in 90% of the Las Vegas valley.  Most people living in Las Vegas however live in the restricted airspace which has angered recreational flyers.  Recreation drone flyers will be required to fly drones in a small park southwest of the city named Bennet RC Airfield.  The new rules are intended to make the airspace above the city safer.