October 1, 2014

Wednesday's Afternoon Update

What you need to know about Florida today

| 10/1/2014

Construction costs head skyward

As construction picks up across Florida and the nation, builders must deal with rising construction, land and labor costs – but most say chief among these concerns is labor. More at Miami Today and Glass Magazine.

Darden CEO will get $36 million severance deal

Darden CEO Clarence Otis will get nearly $36 million in severance in cash, stocks and other benefits when he leaves the embattled restaurant chain later this year. His severance and packages for two other top executives ousted in the past year will cost the company about $68.4 million. More at the Orlando Sentinel.

South Florida leaders discuss climate change plans

Resort Business
Driving for dough

Sheila Johnson’s big move into Florida’s golf resort industry began with a cold call. A broker called the co-founder of Black Entertainment Television to gauge her interest in buying one of Florida’s best-known golf retreats, the struggling Innisbrook Resort near Tampa.

» Access full story

Federal climate policy initiatives will be discussed Wednesday at the Southeast Florida Regional Climate Leadership Summit. On Thursday, officials will discuss investment risks and business strategies for adapting to climate change. More at the AP.

Balancing Act: Longer hours, intense workloads could be killing you

Would you speak up if an employee or peer were working himself close to a hospital stay — or maybe even to death? On rare occasions, decisions to ignore or defy excessive work stress can reap unknowing consequences. More at the Miami Herald.

Boat builders exhibition in Tampa shows industry rebounding

When it comes to boat sales and participation, Florida leads the nation. According to the National Marine Manufacturers Association, the state ranks No. 1 in total sales of new powerboats, engines, trailers and accessories, up 16 percent from 2012, generating $1.9 billion in 2013. More at the Tampa Bay Times.

The College Major That Defines Each State

education map Business Insider has created a map of the most disproportionately popular college major (among majors with at least 1,000 degree holders) in each state. 23,977 Floridians hold a degree in Criminology, out of 3,759,154 residents of that state who have at least a bachelor's degree.

» More from Business Insider

Tags: Daily Pulse

Read More Florida Business Stories

In case you missed it:

Digital Access

Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

An overview of the features and articles in this month's issue of Florida Trend.


Florida Trend Video Pick

How to Do Florida State Parks
How to Do Florida State Parks

From traditional outings to modern, high-tech adventures, there's something for everyone at Florida's State Parks.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Comic-book and gaming stores are expanding across Florida. The state's major comic & video game themed conventions continue to generate increased interest and revenue. What's your level of participation in the world of comics & gaming?

  • All in! I love gaming and/or comics! We're in a new Golden Age of entertainment!
  • I manage the occasional game or graphic novel, from time to time...
  • Does Candy Crush count?
  • Are you kidding? I don't have time for any of that stuff...

See Results

Ballot Box