October 22, 2014

Tuesday's Daily Pulse

What you need to know about Florida today

| 10/29/2013

› Congressional lawmakers unveil deal to delay sharp rate hikes four years
A bipartisan group from the U.S. House and Senate has reached an agreement on legislation that would delay large flood insurance rate increases for at least four years. The proposal, which is expected to be filed in the Senate Tuesday, could be a huge reprieve for many Florida property owners.

› Business, GOP establishment: Tea party is over
A slice of corporate America thinks tea partyers have overstayed their welcome in Washington and should be shown the door in next year's congressional elections.

› Orlando Magic business model beats badness of Bucs, Jags
The Orlando Magic won't be very good this season, but that's not a bad thing. There is a plan. There is a purpose. That's a lot more then you can say for some of Florida's other professional sports franchises.

› Sugar group expands in Italy
ASR Group, a West Palm Beach-based sugar powerhouse, is expanding in Italy. The group that bills itself as "the world's largest cane sugar refining and marketing company" said it bought a 50 percent stake in Europe's second-largest cane sugar refinery and in the company that sells the refinery's sugar in Italy.

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