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Wednesday's Daily Pulse
What you need to know about Florida today
Florida's top 50 stocks outperform S&P 500 in quarter
The index of Florida’s top 50 stocks, considered a barometer of the state’s economy, outperformed the Standard &Poor’s 500 from April to June, according to University of Miami’s quarterly index report. The "Florida 50" index, which tracks all Florida firms in the S&P Composite 1500® Index, beat the S&P 500 by 4.63% and the S&P 1500 by 4.74% for the quarter. See the full story from the University of Miami, here. Also read more at the South Florida Sun-Sentinel.
See also:
» List of Florida's top 50 public companies, as ranked by revenue in 2016
» Stock quotes for Florida's top 50 publicly traded companies (will be updated shortly after markets open at 9:30 a.m.)
Puerto Ricans struggle to find careers in Florida
As the island's best and brightest join an exodus of nearly half a million Puerto Ricans coming stateside to escape the territory's 10-year economic recession, they're hitting the same barriers most migrants face: language difficulties, costly certifications, confusing requirements and culture clashes. [Source: AP]
Forecaster says budget cuts could hurt hurricane predictions
Recent progress in forecasting the intensity of hurricanes - which has lagged behind storm track forecasting - could be undermined by proposed cuts in federal funding for tropical weather research, says the retiring chief of a team of U.S. hurricane specialists. [Source: AP]
Andy Corty, Florida Trend Publisher Publisher's Column
Florida Law: Legal news to note in Florida
As anyone who keeps up with the news these days knows, Florida law is evolving rapidly. Regulations are being scaled back, and new legislation is becoming more complex. In addition, more laws are passed with every legislative session — the Florida statutes now run more than 1,000 pages. Read Andy Corty's full column here.
Federal officials to review endangered status of Florida panther
Four months after federal officials declared manatees are no longer endangered, the U.S. Fish and Wildlife Service has announced that it's now reviewing the endangered status of the Florida panther. At issue this year will be the panther's taxonomy, meaning wildlife officials will be looking at genetics to see whether the Florida panther is really a distinct sub-species of the pumas found out West, and thus deserving of legal protection. [Source: Tampa Bay Times]
› Orlando's year-over-year rent rate growth leads state
Orlando-area rents increased 0.9% over the past month and are up 5% in comparison to the same time last year, a new report from Apartment List shows.
› Florida growers to benefit from $5 million water security grant
A $5 million, five-year grant received by the University of Florida Water Institute to promote water security for the region’s farmers and foresters should come as welcome relief for growers.
› For patients seeking legal pot in Florida, process is a quick one
Floridians with severe illnesses are just a few weeks and a few hundred dollars away from buying weed through the state’s newly expanded medical marijuana program.
› Culinary program helps homeless veterans find a way forward
The Vets-2-Chefs program at the University of South Florida Sarasota-Manatee helps returning veterans put the wars they fought behind them, and pull their lives together by entering a civilian career in the culinary arts.
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