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June 21, 2018

Tuesday's Afternoon Update

What you need to know about Florida today

| 2/20/2018

Gun control could become key issue in Florida in November

Major political donors on both sides of the aisle say they plan to use support for what one called “common-sense” legislation as a litmus test for candidates during the 2018 midterm elections, and possibly beyond. More from the Palm Beach Post.

Mexican real estate investors focus on South Florida amid heated presidential race

The uncertainty surrounding Mexico’s upcoming presidential election — which is still months away — has contributed to an increase in overall real estate investments into South Florida, industry experts say. More is likely to come. More from the Real Deal.

Orlando ranks low among best cities for first-time homebuyers

If you're looking for the best cities in the nation for purchasing a first home, Orlando didn't make the cut, according to a new ranking. Lakeland ranked highest among Florida metro areas at No. 30. See the report from Lending Tree, "Southeast and Midwest Cities Most Accessible for First-Time Homebuyers." Also read more at the Orlando Business Journal.

Florida postal workers protest staffing shortages

U.S. Postal Service workers and American Postal Workers Local 620 union members are protesting staffing shortages resulting in mail delays and an overextended workforce. More from the AP and the Key West Citizen.

Sun Hydraulics buys Italian group for $531 million

Sun Hydraulics Corp. said late Monday afternoon that it was spending $531 million to buy the Faster Group, a maker of quick-release hydraulic couplings based in Milan, Italy. The announcement came just days after the Sarasota-based producer of hydraulic valves raised $253 million in a public offering of 4.4 million shares of common stock. More from the Sarasota Herald-Tribune.

Music Business
Warburton Music Products

 Warburton Music Products, located on US1 near the Mims/Titusville border makes some of the finest trumpets in the world, and they are gearing up for Warb-A-PALOOZA at Astronaut High School on Thursday.

» More from Florida Today.

 

Business Profile
Venice Lighting Co.

florida originalsWhen David Deakin and his wife, Robyn, bought a house in Nokomis, they sought a local lighting store in their neighborhood south of Sarasota — and couldn’t find one. “That’s kind of when the lightbulb went off,” quips David Deakin.

» Read more from the Business Observer.

Tags: Daily Pulse, Afternoon Pulse

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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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