March 19, 2018

Tuesday's Afternoon Update

What you need to know about Florida today

| 3/13/2018

Stagnant wages remain a concern for Florida's workforce

Florida’s unemployment rate in January stayed at the lowest in a decade, and job growth is strengthening. But wages, economists say, have struggled to keep up. And while signs of pay increases are beginning to bud, employers aren’t rushing to hike salaries. More from the Tampa Bay Times.

See also:
» Bright outlook for Florida hiring, ManpowerGroup says

Incentives indicate Project Volt will be much smaller

A solar-panel factory that Jacksonville lawmakers agreed in January to offer financial incentives to get will apparently be 75 percent smaller than once planned, and get less financial help. More from the Florida Times-Union.

Orlando mortgage delinquencies triple from year earlier

Increased numbers of homeowners in Orlando — and most of Florida — fell behind on mortgage payments late last year, bucking national trends, according to a new report by CoreLogic. More from the Orlando Sentinel.

Thousands of Cuban exiles are exploring an unusual option: Returning to Cuba to live

Cubans who left and were called “emigrants” by the government can now apply for “repatriation” to regain residence and its benefits. They apply at the Cuban consulates in the countries where they live, or at the Interior Ministry on the island. More from the Miami Herald.

Miami hospital files for bankruptcy

The Miami Medical Center, a 67-bed hospital that suspended patient services in late 2017, filed for Chapter 11 bankruptcy protection March 9. Kansas-based Nueterra acquired Miami Medical Center in 2014 and invested $70 million in the facility. Children's Health Ventures, the for-profit arm of Miami-based Nicklaus Children's Hospital, invested in Miami Medical Center with hopes of bringing a unique care model to South Florida. However, the Miami Medical Center struggled to stay afloat. More from Becker's Hospital Review.

Florida Law
Profile: Maria Chapa Lopez

 Maria Chapa Lopez was named Interim U.S. Attorney for the Middle District of Florida in January. She’s put notorious people in prison. But the new U.S. Attorney also brings no-knee-jerk decision-making to her job.

» More from the Business Observer.


Out of the Box
Book of Wonders

florida originalsSome of the most breathtaking illustrations in the University of Florida libraries are invisible, until you know how to reveal them. Sixteen books in UF’s Harold and Mary Jean Hanson Rare Book Collection have fore-edge paintings, a trend that peaked in the 19th century, when wealthy folks would embellish the volumes of their home libraries.

» Read more from UF News.

Tags: Daily Pulse, Afternoon Pulse

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Florida Trend Video Pick

St. Baldrick’s Day
St. Baldrick’s Day

Saturday is St. Patrick’s Day but since July 1999 an organization dedicated to funding research to end childhood cancer — the St. Baldrick's Foundation — co-opted the Irish celebration to come up with St. Baldrick’s Day.

Earlier Videos | Viewpoints@FloridaTrend

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How do you celebrate St. Patrick's Day?

  • Wear something green
  • Partake in Irish food or drink
  • Listen to Irish music
  • All of the above and more (love this holiday)
  • I don't - not into it

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