September 17, 2014

Tuesday's Afternoon Update

What you need to know about Florida today.

Editor's note: The "Florida business owners" story, a survey by PNC Financial Services, will be available on Thursday, April 5.

Florida health: Collier County drops out of top spot

Collier County has lost its top ranking as the healthiest county in the state, slipping now to the fourth healthiest, according to an annual report by the Robert Wood Johnson Foundation. Collier was the healthiest in the state for 2010 and 2011, and it is hard to stay in the top, public health officials say. In addition, the counties that rank healthier, St. Johns, Seminole and Sarasota, had been very close in the prior years to being ahead of Collier, according to Deb Millsap, spokeswoman for the Collier County Health Department.

Investment Sounding Board
Where are you advising clients to invest while still remaining cautious?

Floridian

L. Scott Merritt, Senior vice president/investment director of Florida PNC Wealth Management says:

"Our preference is high-quality, dividend-focused, large-cap stocks."

» Read more from Merritt

Read more from the Naples Daily News and see full county-by-county rankings from the Robert Wood Johnson Foundation.


AutoNation reports 15 percent rise in March sales

Fort Lauderdale-based AutoNation, the country's largest automotive retailer, on Tuesday reported a 15 percent jump in retail sales of new vehicles in March compared to a year earlier. AutoNation said it sold 25,489 new vehicles in March, with sales of U.S. brands up 26 percent for the month to 7,991 units. For the quarter, AutoNation's new vehicle sales rose 13 percent from last year, one of the biggest gains since the recession. [Source: South Florida Sun-Sentinel]


Carbon fiber a key ingredient in Melbourne music store's high-tech piano

The piano business has hit few high notes in recent years, but a Melbourne piano store is hoping to make beautiful music with the new carbon fiber piano it is helping develop. In an international effort, Atlantic Music Center is researching the Phoenix piano technology with Steingraeber & Sohne, the German piano maker, and both are working with the designs of piano engineer Richard Dain of Hurstwood Farms Pianos in Kent, England. [Source: Florida Today]


COLUMN: Outlawing legal businesses would cost jobs, tax revenue

Electronic game promotions are, according to Florida law, not a form of gambling and their operators pay all required local, state and federal taxes, including state sales taxes. There is no shortage of real crime and illegal activity in our state that already occupies our law enforcement. There is no need to create more criminal activity by claiming that these businesses, after legally operating in our state for years, are suddenly illegal just to allow them to be prosecuted. [Source: Orlando Sentinel]


Out of the Box
metropole Florida fans can’t get enough of WrestleMania
Raw (WWE’s top weekly primetime TV program on the USA Network) was the finale of WrestleMania Week for WWE, its fans and Miami-Dade County. Miami-Dade Commissioner and Miami-Dade Sports Commission Chairman Jose “Pepe” Diaz said: “We showed we are the world class place that everyone talked about. Everyone was happy. WWE enjoyed being here. The fans who traveled from around the world were incredible. The economic benefit was great, over $70 million into our economy and the job opportunities it created. It was larger than the Super Bowl with the attendance record.”
» Read more from the Miami Herald and photos from WWE.


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Florida Trend Video Pick

SpaceX's Elon Musk really wants to colonize Mars
SpaceX's Elon Musk really wants to colonize Mars

If it wasn’t already apparent that SpaceX CEO and Telsa co-founder Elon Musk is one of today's more ambitious visionaries, let's remember: he wants to build a city on Mars.

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