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June 25, 2018

Tuesday's Daily Pulse

What you need to know about Florida today

| 2/25/2014

› The Central Florida-Based Opposition to Potential Expanded Gambling
As the 2014 legislative session looms in Tallahassee, there's a renewed debate about what happens roughly 500 miles south of the state capitol. State lawmakers are toying with the idea of expanding the gambling industry in South Florida--but in Central Florida, not everyone agrees with the proposed changes.

› Pension tension: House lawmakers criticize study delay
Despite outward signs of support, Gov. Rick Scott's administration quietly endangered a top priority of fellow Republicans in the Legislature by delaying a financial analysis needed to help justify a public-worker pension-reform plan.

› Hedge fund wants special meeting on Red Lobster spinoff
Hedge fund Starboard Value called Monday for a special meeting of Darden Restaurants shareholders over the company's plans to get rid of Red Lobster. Starboard wants the meeting so stockholders can vote on a nonbinding resolution urging Orlando-based Darden to hold off on its Red Lobster plans.

› Southwest Florida used car demand peaks early
The peak used car buying season is getting off to an early start nationwide and the increased demand is making some cars hard to find and a little more expensive at Southwest Florida used car dealers.

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Florida Trend Video Pick

Lincoln Road keeps growing — and its small businesses keep closing
Lincoln Road keeps growing — and its small businesses keep closing

Over the last five years, a wave of out-of-town investors have paid record-high prices for Lincoln Road properties looking to capitalize on the Beach's international cachet. Increasingly, small businesses unable to keep pace with the skyrocketing rents in the historic Miami Beach shopping district are being forced to decide between relocating or closing.

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