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Wednesday's Afternoon Update
What you need to know about Florida today
U.S. durable goods proving to be durable
The 2% increase in durable goods Wednesday suggested that the world’s largest economy would be able to withstand the fallout from China’s slowing economy and growing turmoil in the nation’s stock markets. More from the Wall Street Journal, the AP, MarketWatch, and 24/7 Wall St.
Tropical storm Erika could reach Florida by Monday
Warnings were issued for Puerto Rico and the Virgin Islands on Wednesday as Tropical Storm Erika churned closer to the Caribbean. Forecasters said Florida was in its possible path. More at NBC News and the Insurance Journal.
Turkish bus manufacturer picks Florida plant site
A partnership formed to build eco-friendly buses has lined up a Miami-Dade County manufacturing site. Nopetro|OHL, a joint venture of Nopetro and Karsan U.S.A., plans to make cost-efficient buses powered by compressed natural gas (CNG). More at Miami Today.
How to keep employees (and morale) during rough patches
People remember how they are treated in both the good and the bad times, according to Ryan Toth, Beck Construction’s regional director of Florida. The 67-employee company has been through both. More at the Business Observer.
Back-to-school juggling works best with two parents
Today, more than 60 percent of two-parent households with children under age 18 have two working parents, according to Pew Research Center's 2013 Modern Parenthood Study. The new division of labor has dads just as stressed about juggling work and family life as moms. More at the Miami Herald.
Business Profile
Bidtellect
Delray Beach-based Bitellect successfully closed a $22.35 million capital raise - in about half the time it typically takes most startups. That’s one of the highest venture capital deals in South Florida so far this year, following Dania Beach-based OrthoSensor and Miami-based YellowPepper.
» More from the South Florida Business Journal
Out of the Box
Lego-Building as Career
Job applicants held red and yellow Lego bricks — and their futures — in their hands Tuesday. Twenty-one hopefuls sat at banquet tables at Legoland Hotel, focused on the task of building a Lego duck figure based on a provided graphic.
» More from the Orlando Sentinel
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