March 18, 2024

Monday's Afternoon Update

What you need to know about Florida today

| 2/8/2016

Wall St. down as tech rout deepens, oil drops

Call it a Super Bowl hangover. Wall Street was deep in the red on Monday, as technology stocks extended a selloff from Friday and U.S. crude oil slipped below $30 per barrel, sending investors scurrying for cover to safe-haven assets. More from Reuters and Money.

See also:
» Five Reasons Oil Is Driving The Stock Market

Innovative technology should help your business, not burden it

Great technology can do amazing things. You can build and grow a wonderful company around an innovative offering. You can also use technology to help you run your business more efficiently. And you can potentially do both. Here’s the problem -- great technology isn’t enough. More from Ron Stein.

Venture Hive's fourth accelerator class picks 10 startups

Ten startups from around the world will participate in the fourth class of Venture Hive's Miami Accelerator. Each of the 10 selected companies will participate in a three-month acceleration program beginning Feb. 29. More from the South Florida Business Journal.

Harmony seen at session’s midpoint

Unlike the 2015 session, which ended in a gridlock over the annual budget and with the House abruptly leaving three days early, this year’s session is much more harmonious, with lawmakers already passing major leadership priorities in the early weeks of the session. More from the Sarasota Herald-Tribune.

If the task is daunting, take it in small steps

So many people have trouble reaching their business and personal goals, no matter how much they plan for them. If you procrastinate, or are weak-willed, you won't accomplish your goals. More from Jerry Osteryoung.

Business Profile
Sabal Palm Bank

sabal palm banks As the roster of Southwest Florida-based banks continues to shrink, a revived Sabal Palm Bank sees opportunity. Once one of the region's slowest-growing lenders, Sabal Palm bulked up its loan portfolio by 15 percent last year.

» More from the Sarasota Herald-Tribune

Currency Trends
Penny Cheapest in 7 Years

cameras A penny just got a little cheaper. Making it, that is. While the billions of new U.S. pennies put into circulation every year still cost more to make than they are worth, the government is catching a break from the collapse in metals prices. Each one-cent coin -- made almost entirely of zinc -- cost 1.43 cent to produce last year.

» More from Bloomberg News

Tags: Daily Pulse, Afternoon Pulse

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Incoming income tax instructor indicated
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