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Tuesday's Daily Pulse
What you need to know about Florida today
Soaring student loan debt poses risk to nation's future economic growth
Student loan debt weighs down millions of Americans who might otherwise buy homes or start businesses. And the financial horror stories of debt-saddled students, combined with continued increases in tuition, could deter others from attending college and could produce a less-educated workforce. [Source: LA Times]
See also:
» Is college tuition too high?
» What staggering loan defaults at for-profit schools say about accreditors
» Student debt costlier when degree doesn't rank
Labor Day study says wage inequality still a big problem for Florida
Florida's wage gap has significantly widened since the Great Recession as a growing share of workers became stuck in low-paying jobs, a research team at Florida International University concluded in a report released Sunday. See more from the Orlando Sentinel, the Tampa Bay Times, and the Tallahassee Democrat.
See the full report:
» The State of Working Florida 2015
Tampa Electric announces its sale to Canadian company Emera
The parent of Tampa Electric Co. and Peoples Gas announced late Friday it had reached an agreement to sell the Tampa-headquartered utility to Canada-based Emera Inc. in a $10.4 billion transaction. More at Florida Trend and the Tampa Bay Times.
See also:
» Viewpoints video interview with John Ramil of TECO
Goodbye Home Offices: Shared Workspaces Gaining Ground
Ten years ago, co-working spaces were a new concept, providing shared desks for freelancers and entrepreneurs as single "mom and pop'' shops. Today, the one-off, mom and pop spaces have been mostly replaced with chain companies, providing real estate developers a new way to lease traditional office space and to make connections with potential tenants. [Source: NBC Miami]
Florida firefighters battle blazes out west to make money
More than 470 firefighters from Florida have given up parts of their summer to battle fires in western states. While public safety is part of their motivation, the lack of adequate pay in Florida is another driving force. More from the AP and the Times/Herald.
› Timber business booming throughout northeast Florida
The demand for timber worldwide is booming and this remote section of Florida, along with other timber-growing regions of the southeastern U.S., are benefiting.
› Company behind Ocean Potion is leaving Cocoa
Cocoa-based Sun & Skin Care Research LLC, a 26-year-old Brevard County company that manufactures skin care products under the labels of Ocean Potion, BullFrog and No-Ad, is to be sold this week.
› Darden's new leadership slashes political spending
Darden Restaurants has shuttered its Washington, D.C., lobbying office and cut most of its political spending since activist investors took over the company last year.
› Marketing push aims to shred misconceptions of Gainesville's east side
Gainesville leaders hope a new marketing plan for two major redevelopment projects on the city’s east side will prompt people, especially developers and investors, to open their eyes to the area’s potential.
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