Tuesday's Afternoon Update
For baby boomers, health equals wealth
Five years after the Great Recession scrambled the retirement plans of many baby boomers, the decisive factor in whether they can afford to get old is not how wealthy they will be, but how healthy and wise they are. More at the Sarasota Herald-Tribune.
South Florida nonprofits mobilize for Giving Tuesday
There's a national day to give thanks, why not a day to give back? That's the idea behind Giving Tuesday, a campaign started last year by nonprofits to mobilize support on the Tuesday after Thanksgiving and kick off what many call "the giving season." More South Florida nonprofits are taking part in the effort this year and spreading the word. More at the South Florida Sun-Sentinel.
Darden, others offer health option for low-wage workers
As federal reforms kill "mini-med" health plans, Orlando-based Darden Restaurants and other companies are turning to a similar option for low-wage workers. Called fixed indemnity plans, they pay patients set amounts of money for a limited number of doctor visits, prescriptions and other medical costs. More at the Orlando Sentinel.
Hertz breaks ground on world headquarters in Estero
It's official. Hertz on Tuesday broke ground on its new world headquarters in Estero. But its "lady in white," as the architect describes the sleek, modern building, won't start coming out of the ground until early next year. More at the Naples Daily News.
US banks earn $36 billion in third quarter
U.S. banks earned less in the July-September quarter than they did a year earlier, marking the first year-over-year decline in earnings since the spring of 2009 when the country was still mired in the Great Recession. More at the AP.