April 26, 2024

Thursday's Daily Pulse

What you need to know about Florida today

| 5/11/2017

All eyes on Gov. Rick Scott as he considers budget veto options

Gov. Rick Scott keeps a veto pen on his desk, but considering his total frustration with the 2017 Legislature, it looks more like a machete. Now the question is whether he's willing to use it. Ignored by his fellow Republicans, Scott is considering massive line-item vetoes in the new $82.4 billion budget. [Source: Times/Herald]

Earlier:
» Gov. Scott's harsh statements on end of legislative session, state budget

Small business defaults in Florida unchanged in March

PayNet’s Small Business Default Index (SBDFI) for Florida stood at 2.54% and was unchanged from February. Compared to the national SBDFI level of 1.87%, Florida's SBDFI was 67 basis points higher. See the news release from Paynet, here.

Richard Corcoran calls for special session on medical marijuana

House Speaker Richard Corcoran is joining the ranks of those calling for a special session to pass medical marijuana legislation after lawmakers failed to reach agreement on the issue last Friday. More from the Tampa Bay Times and the AP.

Mean boss

UF study: Abusing power hurts leaders, too

We know that power can corrupt, making people act in ways that harm others. But new research from the University of Florida shows that when the powerful misbehave, they hurt themselves, too. Full story from UF News, here.

Florida SBDC Network urges small business to be hurricane ready

This year, National Hurricane Preparedness Week runs May 7-13, 2017. The Florida SBDC Network, the state’s principal provider of business assistance, urges small business owners across the state to prepare for the 2017 Atlantic hurricane season, which begins June 1 and extends through November 30. Story from Florida SBDC, has links and information for small business disaster planning.

ALSO AROUND FLORIDA:

› Florida's grapefruit forecast takes another hit
Grapefruit continues to fall in Florida, but not in a good way. Since March, the forecast for the grapefruit crop has dropped more than 12 percent, with two months remaining in the growing season.

› Tampa publicly traded mortgage company Walter Investment Management says it is now based in Pennsylvania
Walter Investment Management, a struggling mortgage service company that was born in Tampa and spun off from what was once the old Jim Walter home building company, says it's now headquartered in Pennsylvania.

› SCORE of North Central Florida awards 2017 business startup grants
SCORE of North Central Florida has announced the 2017 Business Startup Grant Program recipients. Grants are issued in the form of reimbursement for business startup expenses.

› Boca Raton-based Modernizing Medicine attracts $231 million private equity investment
Health-tech company Modernizing Medicine announced Wednesday that Warburg Pincus, a global private equity firm focused on growth-stage companies, has invested $231 million into the company.

Go to page 2 for more stories ...

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