April 30, 2024

Wednesday's Afternoon Update

What you need to know about Florida today

| 4/5/2017

Hedging costs Florida consumers $7 billion — why start again?

For something that’s supposed to protect against losses, hedging on natural gas has cost Florida consumers billions of dollars since the start of the century. Still, Florida utilities would like to resume hedging — and state regulators agreed to listen to their arguments later this year. More from the Palm Beach Post.

Pratt & Whitney meets job incentive requirements, signs deal with Palm Beach County

Aircraft engine developer Pratt & Whitney has completed its $25 million capital investment and met its Palm Beach County job creation requirement for $650,000 in economic incentives,. More from the South Florida Sun-Sentinel.

Visit Orlando spent $750,000 on travel show trip

Visit Orlando spent more than $750,000 to attend a travel-industry trade show and another $150,000 on 175 journalists’ trips here last year, it revealed in one of the most detailed looks so far at expenditures for the agency. More from the Orlando Sentinel.

Moderate start for venture capital investment in Miami area

During the first quarter of 2017, investors deployed $151.05 million to 29 startups in the Miami-Fort Lauderdale metro area, according to the PitchBook-NVCA Venture Monitor. That ranks the Miami region No. 7 in the nation. More from the Miami Herald.

NeoCity key to jobs Osceola County will need by 2030

The population of Osceola County is expected to more than double by 2030. Many of those will be retired, changing the spending habits in our area. For those not retired and looking for work, 70,000 new jobs will need to be created by then. More from Around Osceola.

Space Business
Reused Rocket Back in Florida Port

florida SpaceX's first reused rocket is back in port, five days after launching a satellite. The singed 15-story booster returned atop a barge to Florida's Port Canaveral on Tuesday.

» More from the AP.

Economic Yearbook
Southeast Florida: A Building Boom

florida originalsFort Lauderdale’s Brightline rail station is being complete; Fort Lauderdale Hollywood International Airport is undergoing a $295-million expansion; and new luxury apartments, hotels and retailers are moving in. Access full story.

See also:
» Southwest Florida: Arrivals and departures

Tags: Daily Pulse, Afternoon Pulse

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Florida invests $850 million to advance Everglades restoration
Florida invests $850 million to advance Everglades restoration

Early storm season start?; Florida's faltering film industry; Everglades restoration incoming; Milestone in BP oil settlement distribution; Burger Suing King

 

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