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June 19, 2018

Wednesday's Afternoon Update

What you need to know about Florida today

| 7/24/2013

Economist's forecast for Florida: clearing skies

Florida's economy is getting a boost from recovering national housing and financial markets, which are allowing more people to move to the state and also sparking new housing, according to a forecast from a University of Central Florida economist. More from the Sarasota Herald-Tribune, the Florida Current and WMFE.

Deal for Orlando-to-Miami train delayed but almost done

A deal that would get an Orlando-to-Miami train project rolling is close but has been delayed because of minor details that need to be worked out, negotiators said Wednesday. The agreement calls for the Orlando Orange County Expressway Authority to buy $12 million worth of land from the ranch along the BeachLine Expressway. More at the Orlando Sentinel.

All seven Florida banks in TARP missed bailout payments


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On a whim, Matthew Berseth decided to enter an online contest to predict who among 10,000 patients would develop Type 2 diabetes. The contest was sponsored by Practice Fusion, a web-based electronic medical records company. Berseth’s solution ended up being one of the top two out of 2,200 entrants and earned him $7,500.

» Full story

Florida has seven banks that still hold bailout funds and all of them are delinquent on dividends to the Department of the Treasury. The July report by the Special Inspector General to the Troubled Asset Relief Program (SIGTARP) updates the status of institutions that received TARP funds in the midst of the recession. More at the South Florida Business Journal.

Visit Florida and Google team up to map Florida beaches

The four-month project will require two-person teams to use Street View Trekker technology - a backpack camera system with 15 lenses angled in different directions - and walk about 50 miles of beaches each week as they capture 360-degree images of the state's beaches. More at WTXL.

Senior arcades coming back to life

More than three months after a new state law forced senior arcades into retirement, the low-stakes, adults-only gaming venues are re-emerging across South Florida, with their owners and patrons playing by a new set of rules. More at the South Florida Sun-Sentinel.

Out of the Box
Miami is a magnet for gold

gold miamiAlthough Miami may have a reputation for glitz and bling, few people realize it is one of the hubs for the nation’s gold trade. Last year — for the first time — gold was both the top import and export from the Miami Customs District, which includes airports and seaports from Palm Beach County to Key West. But the reality is most of the gold entered and left via Miami International Airport.

» Full story from the Miami Herald

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Florida Trend Video Pick

Wild Willy's adding two go-kart tracks, bumper boats and more
Wild Willy's adding two go-kart tracks, bumper boats and more

New attractions are coming soon to Wild Willy's Adventure Zone on Okaloosa Island. Crews have already put down two 1,000-foot go-kart tracks as part of an expansion that will include bumper boats, a chipping range, climbing wall, kiddie rides and more miniature golf.

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