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May 28, 2018

Thursday's Afternoon Update

What you need to know about Florida today

| 4/26/2018

State seeks answers on workers' comp market

The state Department of Financial Services announced that it intends to pay $195,000 to the Workers Compensation Research Institute to study how Florida’s workers’ compensation insurance market is performing compared to other states. More from WUSF and Florida Politics.

Florida seniors earned $150 million through Airbnb in 2017

In Florida, over 45% of Airbnb’s 40,000+ hosts are seniors. Floridian seniors earned over $150 million through the Airbnb platform in 2017, indicating the capacity of home sharing to produce supplemental income for older generations and sustain retirement. More from Florida Trend and Florida Politics.

AutoNation's Mike Jackson to be inducted into Automotive Hall of Fame

Add one more title to Mike Jackson’s resume. The chairman, CEO and president of Fort Lauderdale-based AutoNation is being inducted into the Automotive Hall of Fame, the Michigan organization announced Wednesday. More from the South Florida Sun-Sentinel.

Jacksonville mayor says he won’t submit any JEA privatization legislation

Mayor Lenny Curry on Thursday took the sale of JEA off the table, saying in a statement that he will not submit any JEA privatization plan to the City Council. Curry said city law requires the mayor to consider whether “essential government functions traditionally served by government could be better served through privatization. More from the Florida Times-Union.

Citrix revenues rise 5 percent in first quarter

Fort Lauderdale-based global software company Citrix Systems saw first-quarter revenues increase 5 percent to $697 million, up from $663 million in the same period a year ago. More from the South Florida Sun-Sentinel.

Ron Bergeron, Sr., receives prestigious Horatio Alger Award

 His name is one of the most recognized in Florida, and the prestigious Horatio Alger Association of Distinguished Americans, Inc., honored Ron Bergeron, Sr. along with Lee Scott, Jr. (Wal-Mart CEO), Rob Lowe, Reba McEntire, Jimmy John Liautaud (Jimmy John Subs) and other notables at its 71st annual Horatio Alger Awards in Washington, D.C.
» More in this news release.

From Florida Trend:
» ‘Alligator' Ron Bergeron is a Florida Icon


Space Business
As manned space flights get closer, competition for launch contracts heats up

floridaThe launch market has gone through a disruption period, led by SpaceX, in an effort to lower the cost of getting to space. With all that's changing, Bob Smith, Blue Origin's chief executive officer said in a recent interview that, "I don't think that the past is a good predictor of the future," which he said was true for the commercial satellite market as well.

» Read more from the Orlando Sentinel.

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

2018 Atlantic Hurricane Season Outlook
2018 Atlantic Hurricane Season Outlook

Dr. Gerry Bell, lead seasonal hurricane forecaster at NOAA’s Climate Prediction Center, and the rest of his team NOAA, are predicting an 75 percent chance that the 2018 Atlantic hurricane season will either be near-normal or above normal.

Earlier Videos | Viewpoints@FloridaTrend

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