Tuesday's Afternoon Update
What you need to know about Florida today
Florida to receive $7 million to train workers for new jobs
Florida will receive more than $7 million in re-employment funds to train the unemployed for new jobs, the federal labor department said. The money is part of a $64.3 million grant from the Department of Labor going to 48 states. Florida's award is the second-largest behind New York's. Full story at the South Florida Sun-Sentinel and see more from the Department of Labor.
Home builder confidence soars despite rising rates
Confidence among the nation's home builders in July jumped to the highest level since January of 2006, according to a monthly index from the National Association of Home Builders. This is the third consecutive monthly gain. More from CNBC, the Wall Street Journal and see the report from the National Association of Home Builders.
» Worker shortage concerns home builders
Space Florida initiates environmental study for proposed commercial spaceport
A Federal Aviation Administration-led environmental study to address the potential impacts of constructing and operating a commercial launch complex in the general vicinity of the former citrus community known as Shiloh, Fla., will be performed by an independent consultant in accordance with FAA conditions and procedures, the State’s aerospace development organization announced. More from Space Florida.
Study: Later retirement may help prevent dementia
New research boosts the "use it or lose it" theory about brainpower and staying mentally sharp. People who delay retirement have less risk of developing Alzheimer's disease or other types of dementia, a study found. More at the AP.
Miami Heat falls short on Forbes ‘most valuable’ team list
The Miami Heat boasts the NBA’s Most Valuable Player and a second consecutive championship, but when it comes to Most Valuable Teams, it doesn’t even break the Top 50. Ironically, in the list of most valuable sports teams released Monday by Forbes magazine, The Heat got beat out by the season-losing Dolphins. More at the Miami Herald and see the list from Forbes.
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