April 19, 2024

Thursday's Daily Pulse

What you need to know about Florida today

| 2/20/2014

Income gap grows in Florida

Between 1979 and 2007, the state's wealthiest residents — the top 1 percent — saw their real incomes rise by almost 219 percent, according to the Economic Policy Institute. The income of the remaining 99 percent of earners, meanwhile, rose 14 percent. More from the Orlando Sentinel and see the full report:

» The Increasingly Unequal States of America


Lawmakers want to make it even easier to develop in Florida

Deadwood, S.D., is hardly anyone's idea of a densely populated area. Yet Florida lawmakers may eliminate state oversight of major projects in areas only slightly more congested than the legendary ghost town. Most alarming for smart growth advocates and environmentalists is that the bill eliminates a requirement that development be steered into areas with existing roads, schools and utilities. [Source: Tampa Bay Times]


Florida Trend Exclusive
Business incubator effect in Central Florida

Launched nearly 15 years ago, the UCF Business Incubation Program has generated a return of $6.16 for every $1 of public investment and was directly responsible for 1,856 central Florida jobs paying an average of $58,075 at the end of a 20-month study in 2013. Access story here (part of regional news roundup).


Florida ranks third for IT jobs

InfoWorld, a tech industry online news service, has ranked Florida third in the nation for technology jobs. A list and article in this week’s news from InfoWorld used data from CompTIA that showed there are more than 21,500 IT firms in Florida. [Source: South Florida Business Journal]


Legislation could limit growth of Florida vacation rentals

The Florida Association of Counties and the Florida League of Cities are among supporters of measures (HB 307 and SB 356) advancing through the Legislature that would lift a provision in the 2011 law that prohibits local governments from making new rules to ban, restrict or simply address issues involving vacation rentals. [Source: Jacksonville Business Journal]


ALSO AROUND FLORIDA:

› Miami-Dade poll: Voters want Las Vegas-style casinos
About 56 percent of likely Miami-Dade County voters want Las Vegas-style “destination resorts” casinos, according to a new poll that shows solid support across party lines.

› Louisiana company turns to South Florida for tech talent
A Louisiana company offering a new social media platform chose to set up shop in Boca Raton — because that's where top executives found the technical talent they needed. "Shreveport didn't have the kind of engineers we needed, and South Florida did," said Michael Marshall, founder of Logic Nation, who is based in Louisiana but has been hiring in Boca Raton.

› Microsoft captures another Latin tech market
Microsoft continues to grow in Latin America, mostly through efforts coordinated at its Fort Lauderdale headquarters for the region, where about 400 people are based.

› Lab markets battery that last decades
With licensing now in hand from the state, Homestead’s City Labs Inc. has been selling its latest creation, a hardy, long-lasting battery for commercial uses. These batteries are capable of operating under extremes of temperature for a period of several decades.


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Giant domino line of cereal boxes falls to celebrate Cereal for Summer Drive
Giant domino line of cereal boxes falls to celebrate Cereal for Summer Drive

About one thousand cereal boxes were lined up by Achieva Credit Union employees in honor of the donations.

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