Thursday's Afternoon Update
What you need to know about Florida today
Florida's planned job cuts stay level in February
Florida's planned job cuts were 1,384, nearly the same level as a year ago when they were 1,380. Year-to-date in 2013, job cuts announced in advance by employers totaled 4,276, said Challenger, Gray & Christmas, an global outplacement firm that tracks layoffs, on Thursday. Nationwide, planned job cuts increased for the second consecutive month. More at the South Florida Sun-Sentinel.
Chavez's death could hit Florida real estate
For years, rich Venezuelans have fled to Florida to escape Chavez's socialist economic policies. When Florida housing tanked six years ago, Venezuelans became the top foreign buyers of empty condos. Now brokers think Venezuelans will wait and see if a new round of elections will yield a business-friendly president. More at CNNMoney.
Batting brings bucks with new Fort Myers training facilities
CEO Sounding Board
What are the trends in philanthropy?
"Something we really need to look at in the state of Florida — by ‘we,’ I mean foundations, hospitals and universities that have endowments — is what the field calls mission-related investing. We call them program-related investments. For example: Taking a portion of investment capital and rather than buy private equity or real estate or a typical stock or bond, take that money and invest it in another non-profit entity that takes that capital and loans it locally for some purpose."
Fort Myers batting facilities are gearing up for a big season and beyond as new locations open or update their technology. Extra Innings will open a Fort Myers location Saturday, and Peak Performance SportsZone has new training equipment used by Major League Baseball teams. More at the Fort Myers News-Press.
Food truck builders shift into high gear
The whirs and hisses of drills and welding torches carry outside a warehouse tucked away in a Fort Lauderdale office park. Inside, rows of step vans and delivery trucks are being reborn as food trucks. As mobile eateries have flourished in South Florida in recent years, food truck builders have also shifted into high gear. More at the South Florida Sun-Sentinel.
Time to spring into retirement planning
While South Florida may not have defined seasons, spring is in fact on its way. In celebration of the new season, Social Security has some advice on how to spring into your retirement. The decision of when to retire is personal and depends on a number of factors. More at the Palm Beach Post.
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