April 24, 2024

Friday's Daily Pulse

What you need to know about Florida today

| 6/12/2015

Florida legislators finishing up tax cut package

Florida legislators are completing work on a tax cut package that, based on preliminary figures, is expected to total hundreds of millions of dollars less than the package originally envisioned by Tallahassee's majority Republicans. More from Bay News 9 and the Tampa Bay Times.

See also:
» Florida Democrats draft their agenda to return to relevance

NASA officials: More funding needed for commercial crew program

A budget proposed by lawmakers in Congress could further delay launching humans to space from Florida, according to NASA Administrator Charlie Bolden. Under the current plan, Bolden said, the United States would have to continue relying on Russia to send American astronauts to space. More from Bay News 9 and Space Flight Now.

Cuba’s web entrepreneurs search for U.S. clients, and reliable wi-fi

Welcome to outsourcing, Cuban-style, a little-advertised circle of software developers, web designers, accountants and translators who — despite poor and expensive Internet access — sell their skills long-distance. [Source: New York Times]

Optimism among Florida real estate professionals at its highest since 2006

Optimism in the Florida real estate market remains strong among those in the business, according to the Survey of Emerging Market Conditions, conducted quarterly by the Kelley A. Bergstrom Center for Real Estate Studies at the University of Florida’s Warrington College of Business Administration. [Source: UF News]

Trade Bill Divides GOP’s 2016 Presidential Contenders

Trade legislation in Congress is facing stiff criticism from a vocal quarter of the GOP and has divided the party’s 2016 presidential contenders—a surprising split in a party that has traditionally been a bastion of free-trade advocates. [Source: Wall Street Journal]

ALSO AROUND FLORIDA:

› Bob Beall wins state EY award
If E.R. Beall was the “the innovator” behind the family-owned brand, Bob Beall in considered the “architect,” the man leading Bealls’ aggressive growth into new states, and with new concepts, like the Bealls Outlet division and the upcoming debut of a specialty store, Bunulu.
» See also: Four honored as Entrepreneurs of the Year in Florida

› FAU Research Park to study expansion to north
The Research Park at Florida Atlantic University in Boca Raton will study expansion to the northern part of Palm Beach County. A study, financed with a $290,600 award from the U.S. Economic Development Administration, will review all potential sites.

› State Supreme Court backs online travel agencies in tax battle
After a multi-year legal battle, the Florida Supreme Court ruled today in favor of third-party online travel agencies, such as Expedia, saying they don't have to pay taxes on the marked-up prices they charge customers.
» See also: Court sides with satellite TV providers in battle over tax

› Hedge fund acquires 7.1 percent stake in Citrix
A New York hedge fund has acquired 7.1 percent of Fort Lauderdale-based Citrix Systems' shares and has requested a meeting with the board about operational changes it believes would improve the software company's stock price.

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