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Tuesday's Afternoon Update
What you need to know about Florida today
Updates on Hurricane Matthew: Gov. Scott wants Floridians to prepare in case of direct hit
Update on Hurricane Matthew: A tropical storm watch has been issued for the area from the Seven Mile Bridge in the Florida Keys to Deerfield Beach in Palm Beach County and includes Lake Okeechobee. A hurricane watch has been issued for the area from Deerfield Beach to the Brevard-Volusia county line. Gov. Rick Scott says "everyone in our state must prepare today for a direct hit." Hurricane Matthew is a category 4 storm that already blasted through Haiti en route to the Bahamas and Florida's east coast. See the Governor's statement here. The Governor has also issued a lengthy list of preparedness efforts, from military support to FDOT, utilities, Florida Petroleum Council, and more.
See also:
» Coast Guard sets port condition X-ray for south Florida ports
» AIF postpones annual conference ahead of Hurricane Matthew
» UMiami cancels classes
» Public schools in Miami-Dade will be open Wednesday, but winds could shut them down on Thursday
» Nova Southeastern University under Tropical Storm Watch
» FPL mobilizes restoration workforce of more than 6,300 employees and contractors
» Duke Energy activates emergency response plan and storm center while closely monitoring the powerful storm
» Hurricane Matthew puts South Florida’s big sports weekend on notice
» AAA: Hurricane hit would send gas prices higher
Halloween spending expected to break records in Florida
Consumer spending on Halloween is expected to set an all-time high with the average person spending almost $83 on Halloween this year, up from $74 in 2015. Floridans will be spending extra money on a range of items from decorations to pet costumes. Total spending nationally on Halloween is expected to reach $8.4 billion up from $6.9 billion last year. "We fully expect Florida’s Halloween sales to meet or exceed the national numbers thanks to sustained positive economic indicators and a healthy state economy," said Florida Retail Federation President and CEO Randy Miller. See the story from FRF, here.
Related:
» Holiday hiring flat in stores but growing in support of online sales
FPL purchases Indiantown coal plant for $451 million, plans to shut it down
Florida Power & Light just bought a power plant so it can shut it down. The PSC on Monday approved the utility's $451 million purchase of the 330-megawatt plant east of Lake Okeechobee in Martin County. More from the South Florida Sun-Sentinel.
One Spark supporters say possible end of festival could lead to new startup event in Jacksonville
The event that started in April 2013 eventually expanded to six days in April 2015. Then it was reduced in size and duration for this year’s event, which included only a one-day festival and a second day that featured an “Innovation Day” only for entrepreneurs. More from the Florida Times-Union.
Cash may no longer be only king for Orlando condos
Orlando condo owners and real estate agents are studying federal reforms they hope will boost what has become one of the nation's slowest recovering condominium markets. More from the Orlando Sentinel.
Economy and Environment
Living on the edge
Florida Sea Grant is a university-based program that helps balance the growth of local economies with protection of the coastal environment. It has become the “go to” organization around the state on a wide range of issues affecting economic prosperity of coastal communities and businesses, as well as the protection of natural resources. [Sponsored Report]
Professional Advancement
Managerial derailment
University of Florida management professor Joyce Bono examined a phenomenon called managerial derailment, where a seemingly up-and-coming manager gets fired, demoted, or doesn’t advance as expected. She found that supervisors can have subtle, even subconscious differences in expectations for the behavior of male and female managers, which can have costly consequences for women in the workplace.
» More at Florida Trend.
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