April 20, 2024

Tuesday's Daily Pulse

What you need to know about Florida today

| 12/8/2015

Gov. Scott, Seminoles reach $3 billion gambling deal

After months of negotiations, Gov. Rick Scott quietly signed a compact with the Seminole Tribe late Monday that will generate nearly $3 billion in added revenue to the state over seven years in exchange for the exclusive right to operate blackjack and add craps and roulette. See the full gaming compact here (PDF). Also read more at the Times/Herald, the Palm Beach Post, and WPTV.

Marjorie Weber

Marjorie Weber helped Freebee expand. [Photo: Daniel Portnoy]

Florida Trend Exclusive
Back to business: Volunteering in retirement

Retirees looking to get back to business are tapping many different avenues. Some join the Service Corps of Retired Executives or angel investor networks. Former leaders of Fortune 100 companies simply continue to pursue opportunities that excite them. SCORE has 925 volunteers in Florida. Access full story.

Related:
» Political leanings among Florida's retirees

Federal regulators reject Staples' acquisition of Office Depot

The Federal Trade Commission told Staples and Office Depot on Monday they will challenge Staples' acquisition of Boca Raton-based Office Depot. The companies said they plan to contest that decision in court. More from the South Florida Sun-Sentinel and the Wall Street Journal.

Oil price falls to 6-year low as OPEC abandons production target

Oil fell to the lowest level in more than six years amid speculation that a record global glut will be prolonged after OPEC effectively abandoned its longtime strategy of limiting output to control prices. [Source: Bloomberg]

See also:
» Gas prices at 6-year lows and set to dip more
» Check gas prices in your Florida neighborhood here

Grocery chains leave food deserts barren

As part of Michelle Obama's healthy eating initiative, a group of major food retailers promised in 2011 to open or expand 1,500 grocery or convenience stores in and around neighborhoods with no supermarkets by 2016. By their own count, they're far short. [Source: AP]

Related:
» Promises of grocery stores in needy areas mostly unfulfilled

ALSO AROUND FLORIDA:

› HealthCare.gov CEO Advises Florida Navigators
Florida is once again leading in enrollment on the federal health insurance marketplace, and that success has caught the attention of HealthCare.gov CEO Kevin Counihan.

› Uber driver fights Florida officials on unemployment insurance issue
A Florida Uber driver is appealing the recent finding that Uber drivers are independent contractors, rather than employees entitled to jobless claims. The case will be closely watched locally as rideshare companies such as Uber and Lyft fight for acceptance.

› Southwest Florida still a hot spot for home flipping
The Sarasota-Manatee region ranked ninth among major U.S. metro areas in the third quarter, with 8.5 percent of all single-family home and condominium sales counted as flips -- sold for the second time within 12 months in an arms-length transaction.

› Miami-based Open English buys startup
Online English-learning platform Open English said Monday that it has acquired technology education startup Next University. Both companies were founded by Miami entrepreneur Andrés Moreno.

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Florida Trend Video Pick

Giant domino line of cereal boxes falls to celebrate Cereal for Summer Drive
Giant domino line of cereal boxes falls to celebrate Cereal for Summer Drive

About one thousand cereal boxes were lined up by Achieva Credit Union employees in honor of the donations.

Video Picks | Viewpoints@FloridaTrend

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