October 26, 2014

Wednesday's Afternoon Update

What you need to know about Florida today

| 10/23/2013

Florida businesses to get breather on workers comp rates

Florida businesses won’t have to worry about big increases next year in their workers-compensation insurance rates. The state Office of Insurance Regulation on Wednesday announced that it had rejected a proposed overall 1 percent increase in rates for 2014. More at the Jacksonville Business Journal. and the Florida Office of Insurance Regulation.


Tupperware sales, profit increases

Tupperware Brands Corp. on Wednesday announced record sales and profit for its third quarter, with revenues up 1 percent in U.S. dollars to $603 million. The Orlando-based company reported profit of $49.9 million, or 95 cents per share, up from 85 cents last year. More at the Orlando Sentinel.


South Florida hospitals rate highly for safety

Profile

JPMorgan Chase

jpmc
JPMorgan Chase plans to use Jacksonville as a test market for new branches. Chase will use a smaller branch building and load it with self-service kiosks and tech, including instant debit card service, tablet banking and wi-fi for customers.

» Full story

South Florida medical centers emerged from the latest round of hospital safety ratings with another strong performance overall. In its fourth biannual Hospital Safety Score report, The Leapfrog Group gave "A" grades to 27 of the 47 South Florida hospitals it rated. More at the South Florida Sun-Sentinel.


Miami Beach investor sets sights on Mongolia

When Harris Kupperman co-founded Mongolia Growth in 2011, he took it public with about $4 million in capital, mostly from himself, friends and family. The company raised $51 million that year, and it’s invested about $40 million in Mongolian real estate. The company now has more than 3,000 shareholders and more than 100 Mongolia-based employees. More at the Miami Herald.


Funding approved for Orlando downtown MLS stadium

County commissioners on Tuesday approved $20 million in tourism taxes to be used toward the funding of an $84 million downtown Orlando Major League Soccer stadium, clearing the last hurdle for the city to be the home of the league's next expansion franchise. More at the AP and the Orlando Sentinel.

Out of the Box
Haute cuisine for high-end Heat fans

miami heat foodFor the Miami Heat’s highest-paying fans, nachos are not worthy, pizza slices are pedestrian and quesadillas are comical. The refined palates of the 300 or so Flagship-seat ticketholders – current market value $61,252 per seat per season – will be tempted by saffron-spiked lobster paella, tomahawk rib-eye steaks garnished with local microgreens and blood-orange flan during home games at AmericanAirlines Arena when the NBA regular season begins next week.

» Full story from the Miami Herald


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