Wednesday's Afternoon Update
What you need to know about Florida today
Small business lending reaching 'new normal'
Banks are making it easier for small businesses to get loans, and they're giving companies better terms and lower interest rates. Banks are willing to lend because small businesses are generally healthier than they were during the recession and its aftermath. More at the AP.
Win or lose, Miami Heat benefits economy
Who doesn’t love a win? While 1-4 isn’t the desired way to wrap up 2014, win or lose, when the Miami Heat play at the downtown AmericanAirlines Arena, the benefit to the area is huge. More at Miami Today.
The new fight to save Florida orange juice
For more than five years, Florida’s citrus industry has fought an expensive and difficult war against the devastating and ongoing effects of citrus greening. Now the industry is launching a new offensive to save the state’s orange juice from negative publicity, declining consumer demand and ever-increasing competition. More at Highlands Today.
All Aboard Florida to borrow $405 million for railway
All Aboard Florida, the rail project that will send passengers round trip between Miami and Orlando, plans to borrow $405 million to help finance the high-speed railway. This will be in addition to the $1.6 billion in loans the company applied for from the Federal Railroad Administration. More at the South Florida Business Journal and Bloomberg.
Inventors chase their dreams of multimillion-dollar TV payday
There was no shortage of nifty ideas in the room. But would the products sell on TV? More than 20 local inventors gave their best pitches Tuesday to direct response company Top Dog Direct, which claims $2 billion in retail sales by selling products on TV. More at the South Florida Sun-Sentinel.
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