Tuesday's Afternoon Update
What you need to know about Florida today
Small business borrowing jumps in May
U.S. small businesses boosted borrowing for a third straight month in May, driving the Thomson Reuters/PayNet Small Business Lending Index to its highest in more than seven years. The increase, to 127.1 from 125.4, suggests small business owners continue to see demand rising and are investing in their firms. More at Reuters.
John Morgan increases funding for medical marijuana fight
The fight to legalize medical marijuana in Florida this November is getting more money from the man who first pushed the mission: John Morgan. The prominent attorney has kicked in an additional $4 million of his own money. More at WTSP.
BBX buys another chocolatier
BBX Capital Corp. has moved further away from banking and into the world of sweets with its third chocolatier acquisition. The Fort Lauderdale-based company, formerly the parent of BankAtlantic, bought Jer’s Chocolates, of Solana Beach, Calif., for an undisclosed sum. More at South Florida Business Journal.
Publix to start offering personalized coupons
Publix is launching a pilot program this month that will give customers personalized coupons based on their shopping history. So if you buy peanut butter frequently, there's a chance you might start getting special offers or discounts for it. More at the South Florida Sun-Sentinel.
Plans submitted for Miami World Center’s first phase
After eight years of planning and delays, developers of the Miami World Center mega-development submitted detailed plans Monday for a massive shopping complex and three towers covering several city blocks for approval by planners. More at the Miami Herald.