April 24, 2024

Thursday's Afternoon Update

What you need to know about Florida today

| 12/4/2014

Optimism on the rise among Florida businesses

Business owners and executives in Florida are increasingly optimistic about prospects for both the state and national economy in 2015. Forty-eight percent of the Florida businesspeople polled by BMO Harris Bank expect the state's economy to grow next year, up 12 percent from a similar poll a year ago. More at the Tampa Bay Business Journal.


Self-employed jump through hoops to get a mortgage

It's never been easy to get a mortgage if you're self-employed. These days, it's even harder. Getting lenders to quote you a rate is tougher if you don't work for someone else, according to a report Thursday from real estate researcher Zillow. More at NBC News.


Florida business groups try to break Legislature’s health care deadlock

Publisher's Column
Florida in the pilot's seat

title
Pilot training is central to the whole airline industry. As our cover story points out, location plays in our state’s favor, so much so that Florida has become an international hub for flight education.

» Read Andy Corty's full column

With Florida’s ruling Republicans showing no signs of embracing President Obama’s approach for expanding low-income health coverage, state business groups are floating a new plan. Called “A Healthy Florida Works,” the plan looks to draw federal dollars to provide private health insurance to as many as 800,000 uninsured Floridians its first year. More at the Palm Beach Post.


Miami’s billion-dollar art fair becomes platform for selling everything

As Miami readies for the 13th installment of Art Basel Miami Beach, among the world’ most important contemporary art fairs, a five-day extravaganza that has become a magnet for high-end real estate and luxury brands to align themselves with the artistic set to attract the world’s biggest spenders. More at the Business of Fashion.


NextEra to Acquire Hawaiian Electric for $2.6B

NextEra Energy Inc. said Wednesday it plans to buy Hawaiian Electric Industries Inc. to expand clean energy in Hawaii. The companies value the deal at $2.6 billion, or $4.3 billion including the assumption of Hawaiian Electric's debt. More at the AP and Pacific Business News.

Retail Trends
Retail Theft Barometer

retail theft An annual report issued by the Global Retail Theft Barometer says employees steal a lot more than shoplifters. A co-author of the report says there's a strong connection between how businesses treat employees and how often they steal.

» More from the Atlanta Business Chronicle

Tags: Daily Pulse

In case you missed it:

Florida Trend Video Pick

Florida shoe cobbler mends more than soles
Florida shoe cobbler mends more than soles

Jim McFarland, a fourth-generation shoe cobbler in Lakeland, Florida, never anticipated his trade mending shoes would lead to millions of views on social media. People are captivated by his careful craftsmanship: removing, then stitching and gluing soles on leather footwear.

Video Picks | Viewpoints@FloridaTrend

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