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Friday's Daily Pulse
What you need to know about Florida today
Florida set to approve nearly $80 billion budget
Florida legislators are expected to approve a nearly $80 billion budget that includes more money for schools and tax cuts. The final vote on the budget comes weeks after a standoff over health care spending and Medicaid expansion brought the regular session to a halt. [Source: AP]
See also:
» Things to watch today in the special session
» Legislature down to its final votes
» Scholarships for teachers part of state budget
What can business do in the face of a public health crisis?
It is local businesses that often have the capacity and expertise to help response efforts. A well-functioning private sector, with firms who are able to provide these services quickly and efficiently, is a key part of a country’s resilience. [Source: Financial Times]
Florida citrus greening research fortified
The Sunshine State’s citrus growers have more muscle in their fight to stop a disease that’s killing their industry. Growers attending the June 17-19 Florida Citrus Industry Annual Conference learned how Florida Citrus Mutual, their industry trade group, has won victories in the state legislature. [Source: The Packer]
Will China finally fulfill Nicaragua's canal dream?
While the plan to build a 170-mile canal across Nicaragua linking the Atlantic and Pacific oceans has been greeted with widespread skepticism, powerful global forces seem to be pushing the project forward. [Source: McClatchyDC]
Why Wells Fargo is betting big on Florida
Wells Fargo is betting big on Florida multifamily. How big? The financial institution’s Multifamily Capital Group recently closed a $52 million Fannie Mae loan to Avesta Communities to refinance a portfolio of multifamily properties across Florida. [Source: Globe St.]
› Florida gets nearly $7 million from feds to help laid-off workers
Florida will receive nearly $7 million in federal funding to help retrain workers who’ve been laid off from their jobs, the U.S. Department of Labor announced Thursday.
› Census shows housing traits by Florida metro area
Jacksonville residents are more likely to have fireplaces in their homes than in any other Florida metro areas, but homes in Tampa and Orlando are more likely to have pets.
› Office Depot shareholders to vote on Staples merger Friday
With Office Depot's Boca Raton headquarters and about 2,000 jobs at stake, Office Depot shareholders are scheduled to vote Friday on the office-supply retailer's proposed merger with Staples.
› PSC approves FP&L's controversial fracking plan
Florida utility regulators Thursday approved a controversial proposal allowing Florida Power & Light to invest up to $500 million a year in the potentially high-risk natural gas business.
» FPL customers will be charged for fracking activities, board says
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