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Thursday's Daily Pulse
What you need to know about Florida today
The calamitous collapse of the Obamacare co-ops
Hundreds of thousands of people will lose their insurance plans as a raft of health insurance cooperatives (co-ops) created by the Affordable Care Act will cease operations. More from Forbes, Newsweek,and the Fiscal Times.
See also:
» White House, Florida say Obamacare health insurance rates to rise next year
» Your Health Plan Will Now Self-Destruct
» Inside the plan by health co-ops to survive
» Florida still has high rate of uninsured kids
Google may bring ultra-fast Internet to Florida
The plan announced Wednesday would bring the "Google Fiber" service to Jacksonville and Tampa in Florida in addition to Oklahoma City if company officials can work out the logistics with local governments. More from the AP and the Orlando Business Journal.
Promised fat payouts, those who bet on oil lost billions
For years, brokers have been luring savers into drilling partnerships with the promise of fat payouts. With yields on safer investments like government bonds so puny, it wasn’t a hard sell. But now this once hot business, a big source of fees for brokers and banks, is coming to a messy end. [Source: AP]
Florida Senate narrowly approves new Senate map
A narrowly divided Florida Senate is signing off on a new Senate map. The Senate on Wednesday voted 22-18 on a new map for 40 state Senate districts. All 14 Democrats voted against the new map as did four Republicans. [Source: AP]
A cancer diagnosis will cost you -- in lost income
Health isn’t the only thing that declines after a cancer diagnosis — a patient’s income is likely to plummet as well, according to a new study. In the second year after being diagnosed with cancer, survivors were earning up to 40% less than they had been before they became sick, on average. [Source: Orlando Sentinel]
› Darden sells headquarters for $133 million, will lease it back
Darden Restaurants has sold its 6-year-old, $152 million corporate headquarters in Orlando and will lease back the property, the company said Wednesday.
› Amazon shows off Lakeland distribution center
Amazon flung open the doors of its County Line Road fulfillment center Wednesday for the first time to show off its operations, including its state-of-the-art robotics system that will ensure quick order deliveries for holiday shoppers.
› NextEra's profits rise to $879 million
NextEra Energy, the parent company of Florida Power & Light, on Wednesday reported "solid" profits for the third quarter based largely on growth in wind and solar energy production outside Florida.
› South Florida power grid vulnerable to sea rise and hurricanes
Hurricanes and rising sea levels make South Florida’s power grid increasingly vulnerable, according to a new study that argues for building a more resilient energy system along the U.S. coastline.
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