Thursday's Afternoon Update
What you need to know about Florida today
Foreclosures hit lowest level since 2006
Fewer U.S. homes entered the foreclosure process or were repossessed by banks in June, the latest sign that the nation is shaking off its housing bust hangover. Even so, foreclosures remain a potential drag on housing in many states, including Florida, Nevada, Illinois and Ohio. More at the AP.
"7 Gold Keys" to power up your business
What makes a business catapult to success and another fall apart at the seams? Look at the success of two polar-opposite companies: Apple and Snuggie. It doesn’t matter how groundbreaking or simple a product is, it is about the business model. More at the South Florida Business Journal.
Fate of historic Miami Marine Stadium to be decided
The commission is set to vote on the scope of city property to be turned over to the control of Friends of the Miami Marine Stadium. Approval would set in motion an oft-delayed plan by the group to raise $30 million to renovate the historic stadium grandstand and reopen it as a multi-purpose venue for concerts, boat races, sailing regattas, triathlons and community events. More at the Miami Herald.
» Miami Marine Stadium
Teaching ethics at county hall, city halls
A new online ethics course is ready for the almost 30,000 Miami-Dade County employees to take. Elected officials from all municipalities in the county will also have to undergo ethics training through a different course, tailored for them. Read more at Miami Today and see Florida Trend Executive Editor Mark Howard's recent column: Ethics, Sort Of.
The cost of Florida bank failures
The pain of Florida bank failures still lingered for the Federal Deposit Insurance Corp. last year, but the damage lessened a bit. Since 2008, regulators have shut down 68 Florida banks costing the FDIC’s Deposit Insurance Fund $12.4 billion. Read more and see a slideshow at the South Florida Business Journal.
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