March 18, 2024

Friday's Daily Pulse

What you need to know about Florida today

| 4/17/2015

Healthcare attracts most of Florida’s VC funding

South Florida companies reeled in the lion’s share of the state’s venture capital financing in the first quarter, and most of the investments were in healthcare-related companies. Venture capitalists invested $89.7 million in Florida-based companies, and $70.9 million of that fueled companies based in Miami-Dade, Broward and Palm Beach counties. [Source: Miami Herald]


Wealth gap among colleges widens

The 10 richest universities, led by Harvard with its astounding endowment, hold more than a third of the total wealth in all of higher education, according to a study released Thursday by Moody’s Investors Service that examines growing wealth inequality in higher education. [Source: Boston Globe]


Another modest stone crab harvest has scientists worried about future

Troubles are starting to surface in Florida’s stone crab industry. Last season’s harvest was the lowest in 28 years: 1.9 million pounds of claws were landed from Oct. 15, 2013 through May 15, 2014. [Source: Miami Herald]


Why are the "coolest" jobs also the "worst"?

There’s bad news from CareerCast for every kid who ever dreamed of being a firefighter when they grew up, or to be in the military, or even a lumberjack leaping from tree to tree as they float down mighty rivers. These and other noble callings have been ranked among the 10 worst jobs in its annual survey. [Source: Spectrem Group]


This year's fight for the tech industry: Patent trolls

Congress is expected to take up legislation this year that would make it tougher for people to claim patent infringement, and put them on the hook for legal costs if they lose. The bill has become a top lobbying priority this year for the tech industry, which says it repeatedly fends off frivolous lawsuits. [Source: CIO Today]


ALSO AROUND FLORIDA:

› Regulators approve deal that will create largest solar project in Florida
State regulators on Thursday approved a deal that will create Florida's largest solar project and provide power to the Sunshine State's smallest investor owned utility.

› Can South Florida change its car culture?
Most South Florida locals think that it isn’t likely South Floridians are going to give up their vehicles as their prime transportation any time soon.

› Longboat Key man created clothing and company to sell it
Michael McClung of Longboat Key is the founder and creator of Michael's Swimwear, a line of swim trunks and other clothing for men that is sold in high-end department stores and resorts around the world.

› South Florida has lost 9,000 millionaires
The tri-county region had about 9,000 fewer millionaire households in 2014 compared with two years earlier — even as the population grew by 87,181 households.


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