FloridaTrend.com, the Website for Florida Business


Wednesday's Afternoon Update

Keeping millennial workers happy is just smart business

Today, millennials want to integrate their work and personal lives even more than previous generations. They want their workplaces to be like second homes, their co-workers to be their friends, and their bosses to be their workplace parents or mentors. More at the Miami Herald.


Second private company rockets toward space station

A Virginia company is on its way to the International Space Station, doubling the number of commercial suppliers. Orbital Sciences Corp. launched its first-ever cargo ship Wednesday morning from Virginia. The capsule, named Cygnus, is due at the space station on Sunday. More at the AP.


Duke Energy stops insuring retirees, joining trend

Business Profile

Orlando Firm's 'germ-proof' scrubs attract attention

vestagen
Ben Favret's big idea hit him when he was a pharmaceutical sales rep a few years ago: germ-proof, bacteria-proof hospital scrubs.

Five years later, that idea has morphed into a growing high-tech business in Orlando that now books more than $1 million a year in sales and recently landed one of this year's richest venture-capital deals for a biomedical company in Florida.

» Full story from the Orlando Sentinel

Duke Energy Corp. is joining a growing list of corporations scrapping long-held practices of providing retirees with health insurance and giving former workers a fixed amount to buy their own supplement to Medicare coverage. More at the AP.


Orlando ranked cheapest in U.S. for rental cars

Orlando has won the crown for cheapest car rental in the nation, according to a survey by CheapCarRental.net. At just $17 a day, Orlando came in as the least expensive destination in which to rent a car, followed by Fort Lauderdale and Tampa, each at $18 a day, according to the website. More at the Orlando Sentinel.


Businesses fight annexations, tax hits

Business owners in a proposed annexation area say they don't want to become part of Opa-locka as the city moves to expand its boundaries. They're circulating a petition addressed to Miami-Dade Mayor Carlos Gimenez and members of the county commission hoping to persuade them to reject the city's annexation bid when it comes before them for a vote this year. More at Miami Today.

Publisher's Column
Florida's cities are on the rise

andy cortyState and federal money will always provide the impetus behind many local projects. We can’t forget that, but it’s also vital that we celebrate local leadership that integrates the funding with the local community’s vision of its economic future.

» Read Florida Trend Publisher Andy Corty's full column