April 24, 2024

Friday's Afternoon Update

What you need to know about Florida today

| 8/11/2017

South Florida wages are rising fast. But is the region better off?

The latest government data tells us that wages are rising fast in the Miami metro area, solidly leading the nation’s 15 biggest metro areas. But don’t pop the champagne cork just yet. What that wage increase means to the paycheck of the worker in the middle is about an extra $25 a week. More from the Miami Herald.

Why popular tourist towns are becoming Silicon Valley copycats

More and more popular vacation spots — from Niagara Falls, Canada, to Tampa, Florida, are actively trying to nurture start-ups. There's a powerful incentive for leaders in tourist meccas to diversify beyond the hospitality industry. More from CNBC.

Cleveland Clinic won't move Mar-a-Lago event despite protest

A leading U.S. hospital says it won't move its annual fundraiser away from Donald Trump's Mar-a-Lago resort despite pressure from health professionals and others over the president's support for repealing the Affordable Care Act. More from the AP.

Florida is cheapest place to buy used cars in U.S., study says

According to Autolist.com, Florida is the perfect state to buy used. “There is a high concentration of independent used car dealers in Florida, which ups competition and drives down prices,” said Alex Klein of AutoList.com. More from WFTS.

A battle over Goldman’s hunger bonds is being waged in Florida

About a week after Governor Rick Scott declared on July 10 that he wanted his government to sever ties with companies doing business with the regime of Nicolas Maduro, Goldman dispatched envoys to the state. Then Scott issued what critics complained was a watered-down proposal, which they said left wiggle room for Goldman to continue managing money for Florida. More from Bloomberg.

Business Law
Structuring the Purchase and Sale of a Business

floridaPlanning for the sale or purchase of a business starts long before signing a letter of intent or a purchase and sale agreement. Attorneys must weigh competing legal, tax and business considerations on behalf of their clients. [Sponsored report]

» Read the full report.

Public Safety
What a Nuclear Attack on MacDill Would Look Like

florida originalsNo one wants to contemplate the prospect of a nuclear weapon exploding over MacDill Air Force Base. Yet the base is home to two of the U.S. military's most important commands and more than a million people live in the surrounding metro area. So there are people who are charged with not only imagining such an event, but figuring out the extent of the damage and how to respond.

» Read more from the Tampa Bay Times.

Tags: Daily Pulse, Afternoon Pulse

In case you missed it:

Florida Trend Video Pick

Florida shoe cobbler mends more than soles
Florida shoe cobbler mends more than soles

Jim McFarland, a fourth-generation shoe cobbler in Lakeland, Florida, never anticipated his trade mending shoes would lead to millions of views on social media. People are captivated by his careful craftsmanship: removing, then stitching and gluing soles on leather footwear.

Video Picks | Viewpoints@FloridaTrend

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