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Thursday's Daily Pulse
What you need to know about Florida today
Senate passes health insurance plan but opposition persists
The Florida Senate has passed a bill that would take billions of federal dollars to give health insurance to half a million Floridians and added new measures to address criticism from the House. More from the AP, the Tallahassee Democrat and the Times/Herald.
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» Florida Groups To Back Feds In ‘LIP’ Lawsuit
Florida Trend Exclusive
Learning curve: Attorneys deal with mountains of electronic data
As lawyers struggle to glean relevant information from mountains of emails and other electronic communications, e-discovery has created business opportunities for some software entrepreneurs who’ve created programs to help lawyers sift through documents faster. Access full story.
SpaceX has a radical new invention idea
According to an application filed with the FCC last week, the Hawthorne, Calif.-based space company wants to launch a network of satellites that will beam down Internet access to regions with little or no connection to the web. [Source: TIME]
How influential is business in Washington?
Washington has been awash of late in debates about the outsized influence of corporate money. Money certainly seems to buy access, but exactly how much influence is not altogether clear. New research is shedding light on these debates. [Source: The Hill]
U.S. auto sales breeze past forecasts in May
U.S. auto sales were stronger than expected in May, boosted by Memorial Day promotions and strong demand for new SUVs. Sales rose 2 percent over last May to more than 1.64 million cars and trucks, their fastest pace since July 2005. [Source: AP]
› Travel convention brings 'all the players you need' to Orlando companies
An estimated $5 billion in U.S. travel deals and sales will be negotiated in the five-day U.S. Travel Association IPW convention. Central Florida attractions, destinations and companies are doing what they can to capture a fraction of that revenue.
› Magic Leap opening its platform to developers, reveals manufacturing facility plans
Magic Leap has spent part of its $592 million in venture funding to build a 300,000-square-foot pilot manufacturing facility in Florida for its “photonic lightfield chip,”
› AutoNation sells 10 millionth vehicle, releases May sales figures
AutoNation, the largest car dealer in the country and based in Fort Lauderdale, sold its 10 millionth vehicle this month. AutoNation sales were up 5 percent this month compared to May of last year. Sales in the retail vehicle industry were up 12 percent in Florida and 2 percent overall.
› UF study shows benefits of multi-tasking on exercise
A new University of Florida study challenges the notion that multi-tasking causes one or both activities to suffer. In a study of older adults who completed cognitive tasks while cycling on a stationary bike, UF researchers found that participants’ cycling speed improved while multi-tasking with no cost to their cognitive performance.
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