January 22, 2018

Wednesday's Afternoon Update

What you need to know about Florida today

| 10/24/2012

Trick or treat finances: Teaching kids about money at Halloween

Halloween is more than a spooky holiday. Parents can use Halloween to help their kids learn about money as they shop for candy, costumes and decorations with a set amount of money to spend. "I love that idea," said Plantation financial planner Ben Tobias. "It's one of the best ways to teach kids about finances." The teachable moment is needed: Many of Florida's children grow into big spending adults -- who haven't learned about money. More at the South Florida Sun-Sentinel.

Cable ski park pitched as global tourist draw

From the deep blue to the boardroom, a group of sea savvy business partners have turned their love of water sports and professional prowess into what is set to become a major Miami tourist attraction. Chairman and founding partner of Colliers International South Florida Michael Fay has assembled a team of wakeboard enthusiasts to develop a $2 million cable ski facility at Amelia Earhart Park. More at Miami Today.

Florida tumbles from top 10 states in attracting venture capital

Business Profile


Safariland, which makes body armor and other protective equipment for law enforcement and military customers, is back in the hands of Warren B. Kanders, who paid $124 million to acquire the company from BAE Systems through an affiliate of his investment firm Kanders and Co.

» Full profile

» Official site

Florida's share of the nation's new venture capital plummeted during the third quarter, pushing the Sunshine State far down the leaderboard in the race to attract entrepreneurial investments, according a new survey. More at the Orlando Sentinel.

Business to offer fun in treetops

Ever dream of being Tarzan? An outdoor adventure park billing itself as "Southwest Florida's first treetop obstacle course" looks like the next best thing. The developers plan to open the park in December. More at the Sarasota Herald-Tribune.

Florida Power & Light Co. third quarter earnings up

Driven by investments in the business, including new power generation, Florida Power & Light Co., today reported third quarter earnings of $392 million, or 93 cents a share, compared with $347 million, or 83 cents a share, in the third quarter a year ago. More at the Palm Beach Post.

Out of the Box
Boats on boats

yacht expressThe 173-foot Oceanco megayacht Sunrise had to get to Port Everglades from the Mediterranean quickly for the Fort Lauderdale International Boat Show, so the owner booked a ride on a much bigger boat. When the 686-foot semi-submersible ship Yacht Express pulled into the Fort Lauderdale port Sunday, it had Sunrise and 17 other motor yachts aboard. The pricey cargo — a total declared value of nearly $221 million.

» Full story from the South Florida Sun-Sentinel

» See more, including videos at Yacht Express

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An overview of the features and articles in this month's issue of Florida Trend.


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South Florida dreamers
South Florida dreamers

South Florida dreamers talk about their future as Congress decides their fate.

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