October 24, 2014

Friday's Daily Pulse

What you need to know about Florida today

| 11/16/2012

› Facing heat from Feds, board agrees to dissolve Melbourne's TRDA
Facing an investigation by the U.S. Department of Justice, and potentially millions of dollars in legal fees and penalties, the board of the Florida’s Technological Research and Development Authority late today agreed to dissolve the 25-year-old organization.

› Builders trade groups merge in South Florida
The 66-year-old Builders Association of South Florida merged with the Gold Coast Builders Association to create a regional lobbying arm as the building industry works to recover from downturn.

› Trump to buy the Ritz-Carlton in Jupiter
Billionaire Donald Trump signed a contract today to purchase the Ritz-Carlton Golf Club & Spa for an undisclosed price. Trump said the deal is scheduled to close in 30 days, at which time the club will be renamed Trump National Golf Club, Jupiter.

› BP agrees to pay $4.5B; 3 employees charged
A day of reckoning arrived for BP on Thursday as the oil giant agreed to plead guilty to a raft of criminal charges and pay a record $4.5 billion in a settlement with the government over the deadly 2010 disaster in the Gulf of Mexico. Three BP employees were also charged, two of them with manslaughter.

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