Tuesday's Daily Pulse
What you need to know about Florida today.
They are not moving like during the boom — and probably never will. But mansions — homes of 10,000 square feet or more — are seeing a resurgence, a rarified sign that the market might have found its footing. It has been a slow climb back for the mansion market, a return journey from a long fall. It's not that the people who buy these homes were laid low by the Great Recession. But they certainly felt less wealthy and out of the buying mood. [Source: Sarasota Herald-Tribune]
Florida's legislature has released its new legislative and congressional maps as part of the once-every-decade redistricting process, and the lawsuits are already flying. Democrats and watchdog groups say the new maps violate constitutional amendments that require districts to be drawn without regard to political parties or incumbents. The process is likely to be tied up in the courts for months, but the proposed maps are already having an impact. [Source: NPR]
» Immunity bill for lawmakers abruptly dropped
» Foreclosure fast track bill moves forward
» Miami-Dade’s wage-theft protection program survives in Legislature, for now
» Move to amend Constitution acts against public interest
» Senate Committee Denies In-State Tuition For Thousands of Youth
» Florida early learning bills on move, despite spar over standards
» University of Florida, Florida State could get power to charge higher tuition
78 million U.S. Baby Boomers had the misfortune of approaching retirement age at a time when stock market crashes diminished their 401(k) nest eggs, companies began eliminating defined benefit pensions in record numbers and previously unimagined technical advances all but eliminated entire job descriptions from travel agent to telephone operator. At the same time, companies began moving other jobs overseas, to be filled by people willing to work for far less and still able to connect to the U.S. market in real time. [Source: AP]
Husband-and-wife business owners David and Patricia Watkins have a business model that plays into the recession: They offer deep discounts on a service people need but tend to cut back on in hard times — vaccines for pets. The Jacksonville couple launched their mobile service, Pet Shots Cheap, in 2009. More...
David and Patricia Watkins' discount pet care business was profitable after one year.
ALSO AROUND FLORIDA:
› 10 tips to consider before selling your business
A common mistake is to wait until the day you decide to sell your business to begin preparing, and by then, you may have lost a great planning opportunity. So, if you plan on selling today or any time in the foreseeable future, here are a few tips.
› Concept home in Florida designed for a new generation of buyers
Houses are getting smaller. No, houses are getting larger. And "green" building is hot. Well, no, actually — green cooled off before it even got warm. Such were the conflicting messages at the recent International Builders Show in Orlando, Fla., where the recession-bitten homebuilding industry engaged in its annual scramble to find something, anything, that will resuscitate it.
› Kennel club sets record: biggest poker tournament in the state
A dog track battling to remain competitive has set a record for the biggest poker tournament in the state. The Palm Beach Kennel Club attracted 2,607 entrants to a tournament over the weekend, smashing the previous mark of 1,600 set in August at the Seminole Hard Rock Hotel & Casino in Hollywood.
› 16 finalists announced for Cade Museum Prize
Judges have selected the Sweet 16 finalists for the third annual Cade Museum Prize. Different sets of judges will choose the Final Four to be announced April 23 and the winner of the $50,000 grand prize during a May 11 event.
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