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June 21, 2018

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, 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 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

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An overview of the features and articles in this month's issue of Florida Trend.


Florida Trend Video Pick

Scam nearly puts South Florida shoe company out of business
Scam nearly puts South Florida shoe company out of business

A South Florida entrepreneur who claimed he was scammed out of about $15,000 worth of merchandise is warning others and asking any potential victims to come forward. 

Earlier Videos | Viewpoints@FloridaTrend

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