Thursday's Afternoon Update
What you need to know about Florida today
U.S. wholesalers slow restocking as sales weaken
U.S. wholesale stockpiles rose in May at the weakest pace in five months as companies kept their supplies in line with slower sales. The slower pace of sales and restocking suggests that consumer and business demand weakened a bit in May. More at the AP.
Art Basel changing opening events in Miami Beach
Art aficionados, take note: The kickoff events for Art Basel Miami Beach will unfold in a new way this year. In a statement, the art fair said the change will give exhibitors “an even better platform for promoting their gallery’s program.” More at the Miami Herald.
Uber taxi service looks to Gainesville
A pig in a poke
A mobile-application taxicab service that has drawn scrutiny elsewhere in Florida for allegedly not following the law - even leading to the impounding of drivers’ cars - is considering a Gainesville expansion. More at the Gainesville Sun.
Genting bets on New York casino gambling
Malaysian gaming giant Genting Berhad — stymied so far in its bid to bring casino gambling to Miami — is pushing hard in New York, where it is competing to win casino licenses under a 2013 law that cleared the way for full-fledged gambling in the state. More at the Miami Herald.
Florida to sue Digital Domain over state job incentives
Gov. Rick Scott announced that Florida has hired outside counsel to file suit against Digital Domain and its $20 million deal to create jobs. More at the South Florida Business Journal.
A Local longboard lives up to its name. Its handcrafted deck is made of an exotic hardwood with a maple core from Central Florida. The wheels come from a manufacturer in St. Petersburg or Jacksonville. A few are designed by local artists. When the board leaves the Local Longboard Company to cruise down the Pinellas Trail or go for a smooth ride in Vinoy Park, the money generated will continue to circulate in the community.
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