Florida Trend | Florida's Business Authority

Wednesday's Afternoon Update

Businesses add 218,000 jobs in July

Businesses added 218,000 jobs in July, payroll processor ADP said Wednesday, possibly signaling that the government this week will report yet another month of strong employment gains. More at USA Today.

See also:
» Small business hiring cools off in July


Business Profile

Heaven on Earth for Veterans

flag home
Retired Army Lt. Col. Carol Barkalow and her partner, Sheila Mutascio, founded Heaven on Earth for Veterans. For 2 1/2 years, they have been buying and renovating rundown homes and renting them to homeless veterans. So far, they've housed 49.

» More from the Tampa Bay Times

Optimism prevails in Florida homeowners survey

Nearly seven in 10 Florida homeowners believe the value of their home will go up over the next 12 months, according to a survey by BMO Harris Bank. Florida homeowners are more optimistic about the rising value of their homes than are homeowners nationwide. More at the Tampa Bay Business Journal.


Florida 1.3% hurricane tax to end in January

Florida regulators announced they are ending a 1.3 percent assessment on property insurance premiums 18 months ahead of schedule. The monies had been used to pay off bonds issued by the state’s hurricane catastrophe fund in 2010. More at the Insurance Journal.


Slow release of oil spill funds frustrates Florida

The Obama administration isn't moving fast enough to release hundreds of millions of dollars slated to help the Gulf Coast recover from the 2010 Deepwater Horizon oil spill, Florida officials said Thursday. More at the Fort Myers News-Press.


Florida banks lead nation in most missed bailout payments

Florida-based banks lead the nation with the largest amount of missed dividend payments to the federal government for the taxpayer-funded bailout. More at the South Florida Business Journal.

Event
Bugs, butter and bibs: Lobster miniseason!

lobster mini season South Florida’s biggest unofficial holiday, the lobster miniseason began at 12:01 a.m. Wednesday and runs until midnight Thursday. Miniseason is so popular because it is the first chance for divers to catch the tasty crustaceans, known as bugs, since the recreational and commercial lobster seasons closed on April 1.

» More from the South Florida Sun-Sentinel