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May 27, 2018

Monday's Afternoon Update

What you need to know about Florida today

| 6/23/2014

Sweeping child-welfare changes signed by Florida Gov. Rick Scott

Gov. Rick Scott signed into law Monday a sweeping overhaul of Florida’s long-troubled child welfare agency, discarding a decade-old policy that gave priority to the rights of parents. The measure, which passed through the Florida Legislature unanimously in May, contains major changes to virtually every facet of Florida child welfare policy, and is designed to stanch what had become an epidemic of child deaths, particularly among very young children. More from the Miami Herald.

» Full statement from Gov. Rick Scott

Advice Column

Why it's important to sweat the details

Details are so important when running any business. If you are not managing every minute detail, critical things end up falling through the cracks. For example, about three years ago, I was looking to buy a new house after my divorce. I was using a realtor, and he was doing a good job showing me some pretty neat homes in my price range...
» Read the rest of Jerry Osteryoung's weekly column here.
Dr. Jerry Osteryoung

U.S. Supreme Court Supreme Court limits greenhouse gas regulations

A divided Supreme Court blocked the Obama administration Monday from requiring permits for greenhouse gas emissions from new or modified industrial facilities, but the ruling won't prohibit other means of regulating the pollutant that causes global warming. Each side declared partial vistory. "Today is a good day for all supporters of clean air and public health and those concerned with creating a better environment for future generations," the EPA said in a release. More from USA Today and the New York Times.

» Statement from NFIB (National Federation of Independent Businesses), a plaintiff in this case.

3 fight to fill open congressional seat in Florida

Voters in southwest Florida district are selecting a replacement for U.S. Rep. Trey Radel, who resigned in January after pleading guilty to cocaine possession. Republican Curt Clawson, a former CEO of an aluminum wheel company, is a heavy favorite to defeat Democrat April Freeman and Libertarian Ray Netherwood in Tuesday's vote. More from the AP.

Whistleblower on Florida economic agency fraud wins lawsuit

Dianne Parcell, a former employee of the Florida Department of Economic Opportunity who uncovered "systemic" fraud within the agency has won a whistleblower lawsuit against the state. The whistleblower discovered 97 instances in which the agency had inappropriately reported Floridians to collection agencies for alleged unemployment overpayments. Estimates for overall liability to the state could be as much as $1.9 billion. More from the Miami Herald.

Should you drain your 401(k) to start a business?

In a profile from CNN, entrepreneur Eric Schneider took $250,000 out of his 401(k) and $100,000 from savings to open a coffee and tea shop. While the gamble is paying off alright for Schneider, it violates one of the cardinal rules of savings, which is: "Don't touch your 401(k) until you retire."

Limited LIability Companies

A limited liability company is a hybrid form of business entity combining some of the attributes of a corporation with the status of a partnership. Entities that transacts business in Florida as LLCs are required to file documents with state...

Find out what and where to file, filing requirments, and other essential information at dbaFlorida.

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An overview of the features and articles in this month's issue of Florida Trend.


Florida Trend Video Pick

2018 Atlantic Hurricane Season Outlook
2018 Atlantic Hurricane Season Outlook

Dr. Gerry Bell, lead seasonal hurricane forecaster at NOAA’s Climate Prediction Center, and the rest of his team NOAA, are predicting an 75 percent chance that the 2018 Atlantic hurricane season will either be near-normal or above normal.

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