Tuesday's Afternoon Update
What you need to know about Florida today
Florida to add a million jobs by 2020
Florida is forecast to add one million "new" jobs by 2020, according to data from the Florida Workforce Estimating Conference held in September. Certainly good news, but 80 percent of those jobs are those the state lost during the recession, according to the Florida Department of Economic Opportunity. More at the South Florida Sun-Sentinel and see the Workforce Estimating Conference.
Wiresurfer launches online telecom price comparison market
Inspired by travel sites like Expedia, start-up Wiresurfer.com is promising to condense three days work into fifteen minutes for small companies shopping for telecommunications services. The Coral Springs, Florida based company, is launching its website on Tuesday where small and medium sized businesses can compare prices for telephone and Internet services and see what promotions are on offer in their region. More at Reuters.
Florida gets $9 million to study citrus greening disease
Out of the Box
Richard Levine is now trying to wrap his head around the unusual pickle he inherited when his father-in-law and business partner died two years ago and left him essentially a warehouse full of curated items of buffoonery.
» Full story and video at the South Florida Sun-Sentinel.
The $9 million grant from the U.S. Department of Agriculture is going to the Citrus Research and Development Foundation in Lake Alfred. By some estimates, citrus greening has cost Florida $3.6 billion in lost orange juice production and jobs. More from the Associated Press and USDA.
Column: A toast to the risk-takers in business
Hail to the entrepreneurs. Our market economy has created so much for so many. Even the nonbusiness-owning public is much better off because of innovations born out of the desire for profit. For instance, have you noticed that it’s football season? It doesn’t matter which team you support. Things like footballs, bratwursts and wings unite us. And every one of them started as a product for a small business. Read John Hilston's full column at Florida Today.
Businesses cash in on Trayvon Inc.
An iconic photograph of a young Trayvon Martin in his Bulldogs football uniform, staring stone-faced into the camera, has been published in print and online around the world. The Optimist Club team photographer, Lucricia Woodside of North Miami, owns the copyright to the picture and never authorized its use. Now she is a member of a growing number of entrepreneurs, artists and even some opportunists who have found ways to cash in on a new cottage industry. Call it Trayvon Inc. More at the Miami Herald.
Florida Banking Trends
Whatever Florida’s other problems, the state remains an attractive market for major banks. In the aftermath of the recession, large banks are the winners in Florida, increasing their already dominant market share. The top three, Bank of America, Wells Fargo and SunTrust, combine for 45% of Florida deposits. Read the full story: Big Banks Still Dominate Florida's Financial Landscape
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