Another solid month of hiring in June could signal the start of a stronger second half of the year for the U.S. economy. Economists predict that the government will report Friday that employers added 165,000 jobs last month, roughly in line with May's increase. The unemployment rate is expected to stay at a still-high 7.6 percent. [Source: AP]
While passion and hard work drive the heart of a business, creativity and innovation drive the soul of one’s business. Creativity refers to the process of developing new ideas, where innovation involves the implementation of new ideas. [Source: Florida Today]
The Obama administration's decision to delay a key provision of the healthcare law, by giving employers an extra year to offer insurance coverage, is not expected to significantly impact 2014 hiring since many big business were prepared for the change. [Source: Reuters]
PlasteSmart's automatic license plate reader in action. » Story here
PlateSmart's license plate recognition software has won contracts from law enforcement agencies in Florida. But the technology is not without its skeptics, including the American Civil Liberties Union. Full story.
Florida ranks among the states where residents are least likely to buy cars from the Big 3 U.S. automakers. Data from TrueCar, an automotive pricing and analysis company, showed only 29.8 percent of the cars purchased in Florida were made by Chrysler, Ford and General Motors. Read more at the Tampa Bay Business Journal and the Orlando Business Journal.
ALSO AROUND FLORIDA:
› Archaeological site could sink commercial spaceport location [Tampa Bay Times]
Space Florida, the state's aerospace economic development agency, wants to build a commercial spaceport next to Kennedy Space Center. Local business and government officials are all for the chosen site, seeing it as a way to boost the future of the Space Coast now that America's shuttle program has ended. But the past sometimes reaches out to trip the future.
› Dunnellon designated top real estate investment community [Ocala Star-Banner]
Investors looking to buy property in retirement communities need look no further than the town of Dunnellon nestled in southwest Marion County. Dunnellon was designated by RealtyTrac as the top real estate, investment retirement city in the nation.
› Northrop fends off Lockheed to win $490 million Air Force training contract [Orlando Sentinel]
Northrop Grumman Corp. has fended off a rival bid from Lockheed Martin Corp. to win a training-simulation contract potentially worth $490 million to support the U.S. Air Force's next-generation air-combat virtual-training network, industry experts said.
› Miami-based Trunx is working out [Miami Herald]
Less than a year ago, Karla Perez, 36, removed all of her furniture and placed it in the back room and patio of her Miami home to make space for 6,000 tri-blend/poly-cotton T-shirts. Perez, Andre Enriquez, 29, and Samantha Galvez, 22, were preparing to launch an athletic apparel line named Trunx.
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› Flood insurance changes run into resistance [AP]
Just a year after Congress imposed significant changes in the government’s oft-criticized flood insurance program, howls of protest from homeowners facing higher premiums have coastal lawmakers pressing for delays that would preserve below-cost rates.
› Fort Myers motel's new owners hope customers like building from earlier era [Fort Myers News-Press]
Another long-vacant downtown Fort Myers landmark has been sold as the area’s battered commercial real estate market slowly recovers. Now the new owners plan to restore the 31-room motel to its former status as a somewhat quaint alternative for business travelers and snowbirds alike.
› Bradenton's Intertape Polymer moving headquarters to Sarasota [Sarasota Herald-Tribune]
Intertape Polymer Corp. will move its 115-employee U.S. corporate headquarters from Bradenton to Sarasota County next month. The Canadian company, a major manufacturer in the packaging industry, outgrew the space in Bradenton it has occupied the past 16 years, chief executive officer Greg Yull said Wednesday.
› Jabil Circuit considers building headquarters in downtown St. Petersburg [Tampa Bay Times]
Jabil Circuit is considering building a new worldwide headquarters near Tropicana Field, a five-block project that would help transform downtown St. Petersburg.