March 19, 2024

Wednesday's Daily Pulse

What you need to know about Florida today

| 11/19/2014

Consumers left high and dry as oil prices drop

While oil producers from Texas to Saudi Arabia may be lamenting the precipitous drop in crude oil prices, Florida businesses are rejoicing after years of record prices at the pump that have cut into profit margins. But the falling cost of gasoline may not translate into falling prices at the supermarket or other retail outlets anytime soon. [Source: Sarasota Herald-Tribune]

See also:
» What plunging gas prices mean for your wallet


Florida sees big rise of residents in US illegally

Florida is one of seven states which has seen a rise in unauthorized immigrants, according to a new Pew Research Center study. As of 2012, the estimated number in Florida is 925,000 up from 875,000 in 2009. More from the Tampa Bay Times and the AP.


The impact of entrepreneurs' psychology on their businesses

There are many factors that predict business success, some organizational, some ecological. But of utmost significance to business survival are the individual differences in entrepreneurs' psychology. [Source: Gallup]


Special elections to be held in Florida to fill seats

Florida lawmakers met Tuesday to organize and seat new members after the election, but the meeting was anything but usual. The Florida Constitution gives the Legislature the sole authority to decide who has been elected and who hasn't. [Source: Capitol News Service]


A tiny Florida firm is making a fortune off Russian rocket engines

For months, a powerful U.S. senator has been pushing for details of a murky deal under which a Russian manufacturer supplies the rocket engines used to launch America’s spy satellites into space. [Source: Business Insider]


ALSO AROUND FLORIDA:

› Miami Book Fair International builds exposure for small businesses
The Miami Book Fair International, one of the largest book fairs in the nation, has long been a platform for many small businesses — not just the ones trying to sell books.

› Jupiter entrepreneur launches business valuations website
A Jupiter entrepreneur helped launch a website Tuesday that aims to help business owners receive quick, free valuations of their companies.

› Researchers awarded $37.5 million to study BP oil spill
Two South Florida universities will receive a total of $37.5 million to continue researching the 2011 Deepwater Horizon oil spill, the worst spill in U.S. history that killed 11 workers, spewed 200 million gallons of crude into the Gulf of Mexico and unleashed a host of environmental ills scientists are still struggling to understand.

› Charlotte's Web law still tangled
Florida took a small step in utilizing medical marijuana during 2014’s legislative session, but the law that allows the use of marijuana extract “Charlotte’s Web” is still a tangled mess.


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