Thursday's Daily Pulse

Posted 5/29/2014

Updated 10 yearss ago

Nationwide venture capital outperforms stock market

At least one Central Florida venture capitalist is taking note of national news that venture capital funds outperformed the stock market in recent activity. Venture capital saw a quarterly return of 11.9 percent compared to the Dow Jones average return of 10.2 percent. [Source: Orlando Sentinel]

Court won't stop BP oil spill claims payments

BP PLC must resume paying claims while it asks the U.S. Supreme Court to review its settlement with businesses over the 2010 Gulf of Mexico oil spill, a federal appeals court panel said Wednesday. [Source: AP ]

South Floridians fear running out of money in retirement

Running out of money in retirement is a major fear for South Florida’s “mass affluent” — those who have $50,000 to $250,000 in investable assets, according to a new survey released on Wednesday. [Source: Miami Herald]

How Millennials Could Upend Wall Street and Corporate America

Among the many eye-popping findings in Morley Winograd and Mike Hais’ new paper on the millennial generation is that their attitudes towards the banking industry make it number one on a list of industries likely to experience severe disruption in its business model in the future. [Source: Brookings]

All New for 2014:

At this website: Innovations in hydrogen as fuel, plus Q & A's with research scientists in Florida.

Bucs owner Malcolm Glazer dies

Malcolm Glazer, the man who some say kept the Buccaneers from leaving Tampa Bay and turned the team from perennial losers into Super Bowl champions, died Wednesday (May 28, 2014). Mr. Glazer was 85. More from the Tampa Bay Times, ESPN, the Guardian.

ALSO AROUND FLORIDA:

› Florida Hospital owner admits it violated federal law [Orlando Sentinel]
The nonprofit health system told the U.S. Department of Justice that it violated the federal Stark Law, which prohibits doctors and hospitals to have agreements that allow doctors to gain financially from referring patients to the hospital for tests or procedures.

› Universities have $7.3 billion Miami impact [Miami Today]
Colleges and universities in Miami-Dade County play a very significant role in the local economy. County officials who did the math discovered the institutes of higher learning contribute billions of dollars each year.

› Florida ranks No. 28 in U.S. for the health of seniors [Tampa Bay Business Journal]
A report from America's Health Rankings 2014 ranks Florida No. 28 in the United States for the health of seniors, which may raise some concern since Florida's senior population growth is on the rise.

› New College receives poor grade from Florida [Sarasota Herald-Tribune]
New College of Florida ranked near the top again this year on several higher education “best of” lists. That's why a new state university ranking system is so jarring for New College. The school received one of the lowest scores among Florida's public universities.

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› Churchill Downs Inc. gives up racing at Florida track [The Courier Journal]
Louisville-based Churchill Downs Inc. confirmed the agreement Wednesday to lease racing at its South Florida track to its cross-town competitor. The deal is intended to be a brokered peace with fellow racetrack conglomerate The Stronach Group.

› Opinion: US misses out on trade chances because of embargo against Cuba [Gannett]
The U.S. travel restrictions and embargo against Cuba have morphed into a blockade against U.S. businesses that ought to be this island's leading economic partners. Instead, Spanish companies are building many of the hotels that are a part of Cuba's surging tourism industry.

› See the healthiest places to work in Jacksonville [Jacksonville Business Journal]
The First Coast Worksite Wellness Council honored the Healthiest Company Winners, for their commitment to employee health and wellbeing.

› All Aboard Florida reveals designs for Miami station [South Florida Business Journal]
On a buzzing street near the downtown Metromover station, All Aboard Florida unveiled its plans for Miami's new express passenger rail station Wednesday.