May 5, 2016

Thursday's Daily Pulse

What you need to know about Florida today

| 5/5/2016

Florida's economy grows beyond trade and tourism

Targeted efforts in economic development are paying off for Florida, Wells Fargo economists said in a report Wednesday. Development has been focused on Florida's inherent strengths in financial services, health care, logistics and aerospace. [Source: South Florida Sun-Sentinel]

» Download the full report, "Florida Economic Outlook: May 2016," here.

Citizens to stop insuring homes valued at $700,000 and up

After reducing its policy count by more than two-thirds over the past four years, state-run Citizens Property Insurance Corp. continued to shed its risk load by securing approval this week to drop 1,752 high-priced homes after their policies expire next year. More from the Insurance Journal and the South Florida Sun-Sentinel.

Gov. Scott: Prepare for Zika virus like it's a hurricane

Florida Governor Rick Scott says Washington must handle Zika as if it were a hurricane. Scott's office released a statement Wednesday about the spreading virus, and how he wants an increased federal response. More from the AP and WDBO.

Military spouses face their own career challenges

Military spouses face unique challenges in finding employment. Long periods of single parenting during deployment make it challenging to balance full-time work and family duties, and they may be experiencing enormous stress if their loved one is deployed in a combat zone or isolated without access to regular communication. [Source: Florida Times-Union]

Amazon's business marketplace hits $1 billion in sales Inc's business marketplace, which connects businesses with suppliers, has generated $1 billion in sales in its first year, making it a significant player in a fragmented industry worth more than $8.2 trillion in the United States. [Source: Reuters]


› Baseball to business: former big-league hurler now pitching business
James Parr has been slinging fastballs to home plate since he was a kid. But on Wednesday, the 30-year-old former Major League Baseball player had something else to pitch: his business.

› Florida food banks brace for impact of SNAP changes
Adding to the pressure of the job search, many unemployed Floridians risk losing an important safety net if they can’t find a job, enroll in school, or enter a job-training program. Florida is one of several states to reinstate time limits on Supplemental Nutrition Assistance Program, or SNAP benefits.

› Why I-Drive is at the center of Central Florida's growth
What's going to change the face of Central Florida in the next 10 years? International Drive. At least that's what four prominent local leaders think.

› Cuba cruisers find Tropicana still vibrant after all these years
Through dictatorship, the mob era, revolution and vast changes in Cuban society, one of the few institutions that have endured is the Tropicana cabaret.

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Florida Trend Video Pick

Preschool Gets One of A kind STEM Lab
Preschool Gets One of A kind STEM Lab

The Amazing Explorers Academy in Oviedo cut the ribbon on a brand new STEM LAB built and designed by the Orlando Science Center.

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