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June 21, 2018

Tuesday's Afternoon Update

What you need to know about Florida today

| 11/26/2013

For baby boomers, health equals wealth

Five years after the Great Recession scrambled the retirement plans of many baby boomers, the decisive factor in whether they can afford to get old is not how wealthy they will be, but how healthy and wise they are. More at the Sarasota Herald-Tribune.

South Florida nonprofits mobilize for Giving Tuesday

There's a national day to give thanks, why not a day to give back? That's the idea behind Giving Tuesday, a campaign started last year by nonprofits to mobilize support on the Tuesday after Thanksgiving and kick off what many call "the giving season." More South Florida nonprofits are taking part in the effort this year and spreading the word. More at the South Florida Sun-Sentinel.

Darden, others offer health option for low-wage workers

Travel Trends

Air travel likely to get even more congested

If air travel demand continues at its current pace, many of the nation’s biggest airports will face holiday-like congestion once or twice a week within the next decade.

That is the warning issued in a new study from the U.S. Travel Association, the trade group for the nation’s travel industry.

» Full story from the Florida Times-Union

As federal reforms kill "mini-med" health plans, Orlando-based Darden Restaurants and other companies are turning to a similar option for low-wage workers. Called fixed indemnity plans, they pay patients set amounts of money for a limited number of doctor visits, prescriptions and other medical costs. More at the Orlando Sentinel.

Hertz breaks ground on world headquarters in Estero

It's official. Hertz on Tuesday broke ground on its new world headquarters in Estero. But its "lady in white," as the architect describes the sleek, modern building, won't start coming out of the ground until early next year. More at the Naples Daily News.

US banks earn $36 billion in third quarter

U.S. banks earned less in the July-September quarter than they did a year earlier, marking the first year-over-year decline in earnings since the spring of 2009 when the country was still mired in the Great Recession. More at the AP.

Sports Business
Beckham group considers soccer stadium site

soccerThe group led by superstar David Beckham has identified its top potential site for a permanent soccer stadium for a new Major League Soccer team: PortMiami. The group has approached Miami-Dade County to ask if it would consider allowing a stadium on the seaport’s southwest corner

» Full story at the Miami Herald

Tags: Daily Pulse

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Florida Trend Video Pick

Scam nearly puts South Florida shoe company out of business
Scam nearly puts South Florida shoe company out of business

A South Florida entrepreneur who claimed he was scammed out of about $15,000 worth of merchandise is warning others and asking any potential victims to come forward. 

Earlier Videos | Viewpoints@FloridaTrend

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