Wednesday's Afternoon Update
What you need to know about Florida today
Florida's housing market continues positive track
Florida's housing market continued its upswing in October 2013, with more closed sales, higher median prices, more new listings and a stabilizing supply of homes for sale, according to the latest housing data released by Florida Realtors®. Read more from Florida Realtors and see also:
New Office Depot CEO's earnings tied to performance
Office Depot's board of directors has set a starting salary of $1.4 million for new chief executive Roland Smith, according to document filed with securities regulators on Monday. Office Depot recently merged with OfficeMax. Smith's total payout next year could be as high as $20 million, if all performance targets are met and stock awards made. More at the South Florida Sun-Sentinel.
Firestone becomes title sponsor of St. Petersburg IndyCar race
The IndyCar race along the St. Petersburg downtown waterfront has a new sponsor, and a new name. Promoters of the race announced Wednesday morning that Firestone has entered a multi-year deal to sponsor the event, the opening race of the IndyCar Series. More at the Tampa Bay Times.
Turnaround towns: How Orlando and Phoenix are making a comeback
The two cities' recoveries have much in common, including an emphasis on technology and renewed focus on education, quality of life, environment- and business-friendly policies and incentives, infrastructure and civic involvement. More at CNBC.
Law school grads trade top pay for job experience
Grant Levine, 28, graduated at the top of his class in May at Nova Southeastern University's law school. He soon found work as a "resident attorney" with Greenberg Traurig in Fort Lauderdale. In years past, Levine wouldn't have been recruited by a big law firm. More at the South Florida Sun-Sentinel.
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