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Thursday's Daily Pulse
What you need to know about Florida today
Despite resistance, Governor Scott wants $1 billion in tax cuts
Florida Gov. Rick Scott wants to cut taxes by $1 billion in the coming year despite likely resistance in the Republican-controlled Florida Legislature. Scott is expected on Thursday to announce a tax-cut package he will submit to state legislators along with his budget recommendations. [Source: AP]
Hispanic workers in Florida have almost made up the ground lost during the recession
The unemployment rate for Hispanics in Florida has fallen to nearly pre-recession levels, according to a study released Wednesday. But the unemployment rate for African Americans remains high. [Source: Miami Herald]
Manufacturing tax exemption critical for economic growth and diversification efforts
Florida manufacturers are exempt from paying taxes on machinery and equipment purchases, but unless lawmakers take action this spring that exemption will disappear, threatening the state’s manufacturing sector. [Source: Florida TaxWatch]
U.S. economic data seen supporting December interest rate hike
U.S. private employers maintained a steady pace of hiring in October and a jump in new orders buoyed activity in the services sector, suggesting the economy was strong enough to support an interest rate hike from the Federal Reserve in December. [Source: Reuters]
Black farmers group: Medical pot bill is discriminatory
State lawmakers’ push to legalize medical marijuana has found unusual opponents in black farmers who might otherwise be interested in growing the drug. [Source: Tampa Bay Times]
› CEO Mindy Grossman 'not pleased' with HSN's quarterly performance
"We are not pleased with our third-quarter results," HSN CEO Mindy Grossman said in releasing the most recent financial performance Wednesday of her TV, online and catalog retailing company.
› Anthony & Partners puts women in law on equal playing field
Females outnumber male partners at the Tampa firm, leading to improved work/family balance for all.
› South Florida loses 2018 College Football Playoff National Championship bid
Atlanta’s new Mercedes-Benz Stadium was chosen to host the Jan. 8, 2018 College Football Playoff National Championship, shutting out South Florida’s Sun Life Stadium bid.
› AutoNation reports best October since 2001
With the U.S. auto market sizzling, AutoNation on Wednesday reported its best October for sales of new vehicles since 2001.
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