Thursday's Afternoon Update
What you need to know about Florida today
Florida at vanguard of autonomous car future
If you are in the know, you don't call them "driverless cars," you call them autonomous cars. By whatever name, they are cars that drive themselves through the use of laser radar and sophisticated GPS. And, Florida is vying to be a testing ground for this vehicle of the not-too-distant future. Florida is one of just three states (California and Nevada are the others) that have put laws on the books to govern the testing of autonomous cars. More at the Tampa Bay Times.
St. Augustine may get transportation center
Local transportation planners are studying options for a “multimodal transportation center” in St. Augustine that would help link the historic city with the rest of the region. The new site would conceivably bring together Amtrak service, regional commuter rail and other modes of transportation, which supporters say would enhance economic development and tourism. More at the Jacksonville Business Journal and the St. Augustine Record.
» Snapshot: Local Rail in Florida
More than one-third of South Florida homes still underwater
With South Florida home values rising, the share of mortgaged homes that were underwater fell again in the second quarter, according to Zillow. Despite the improving trend, “millions of homeowners remain so far underwater that it will take years for them to regain equity, even as home values continue their recovery,’’ Zillow said. More at the Miami Herald.
Coral Springs pharmaceutical firm to be sold
Boca Pharmacal, which makes generic drugs in Coral Springs, has agreed to be acquired for $225 million in cash by a subsidiary of Endo Health Solutions, a Pennsylvania-based company. Endo's Qualitest subsidiary, which it acquired in 2010, would be the entity buying Boca Pharmacal. More at the South Florida Sun-Sentinel.
Univision, new Fusion channel open headquarters in Doral
Univision dominates Spanish-language broadcasting, more than doubling the audience of its largest rival, Telemundo. But starting this fall, Univision will tackle an audience that has always been foreign to the Doral-based network: people who watch television in English. More at the Miami Herald.
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