Florida Trend | Florida's Business Authority

Tuesday's Daily Pulse

Florida lawmakers reach late night deal on budget

Aided by a last-minute infusion of cash that went to projects backed by the state's Republican leaders, Florida legislators late Monday night reached a deal on a nearly $80 billion budget for the state. More from the AP, the Sarasota Herald-Tribune, and Reuters.

See also:
» Lawmakers pass $429 million tax-cut package
» Insurance group wants Florida lawmakers to override Citizens veto

Jeb Bush announces for president: 'I will run with heart; I will run to win'

Jeb Bush, the son and brother of former presidents, finally announced his White House bid Monday, emphasizing his record as Florida governor and vowing to run a campaign that faces issues "without flinching, and staying true to what I believe." More from the Tampa Bay Times and the Wall Street Journal.

See also:
» Jeb Bush touts Florida record ahead of 2016 campaign launch
» Meet the people who will try to get Jeb Bush elected president
» Jeb Bush launches 'optimistic' campaign for president
» Bush seeks a bigger tent at campaign launch
» Jeb Bush 2016: Here's his economic record in Florida

Space Florida approves shuttle landing facility deal

NASA's historic space shuttle landing facility at Kennedy Space Center will be managed by the state of Florida for the next 30 years. The Space Florida board approved a long-term, rent-free deal to lease the 15,000-foot-long landing strip that had been used to land space shuttles. The agreement will be signed on June 22. More from the Orlando Sentinel.

Will starting a business kill your future job prospects?

There is a hidden risk involved in going into business for yourself – and this hazard is present even if you succeed with your company. If you spend time self-employed, your chances of getting a job working for someone else later are lower than if you never went down the entrepreneurial route in the first place. [Source: Entrepreneur]

Senior-living developers target customization for boomers

Flexibility. Freedom. As older Americans move to senior-living communities, they want both. Industry leaders said such traits are inspiring them as new facilities pop up across Central Florida and elsewhere. [Source: Orlando Sentinel]

ALSO AROUND FLORIDA:

› Target selling pharmacy, clinic businesses to CVS Health
Target will sell its pharmacy and clinic businesses to the drugstore chain CVS Health for about $1.9 billion in a deal that combines the resources of two retailers seeking to polish their health care reputations.

› Florida’s Cuban-American business link bridges gaps
Serafín Blanco has been described as the Florida Cuban émigré community’s equivalent of Sam Walton, the founder of Walmart. But the merchandise he sells mostly ends up back in Cuba, which he has not visited since he left nearly 50 years ago as a teenager, and where he has no stores.

› Goodwill making a bigger difference than many realize
Steven Soroka, CEO of SourceAmerica, said he feels most people vastly underestimate the power of the disabled. That is why Soroka and the nonprofit organization he's behind work tirelessly to pair people with significant disabilities with meaningful jobs.

› UF Health looks to city of Jacksonville for help
The city of Jacksonville contributes $26 million a year for health care services given to poor patients at UF Health Jacksonville. A sharp drop in funding flowing through the state would put pressure on the city to offset the loss of those dollars by increasing City Hall’s support.

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› Embraer, Lockheed adding 280 jobs in Brevard
Embraer Aero Seating Technologies announced Monday morning that will invest $3.5 million and create 150 jobs in North Brevard County. Gov. Rick Scott made the announced at the 51st International Paris Air Show at Enterprise Florida pavilion.

› Governor, Cabinet agree to revise email policies, settle Sunshine lawsuit
Gov. Rick Scott and the Florida Cabinet have agreed to settle a lawsuit brought by the Miami Herald, the Tampa Bay Times, and other media organizations over the behind-the-scenes firing of former FDLE Commissioner Gerald Bailey.

› States are planning to slow their spending in 2016
U.S. states plan to slow spending growth in fiscal 2016, taking a cautious approach to forecasting and budgeting amid only modest increases in revenue, according to a survey of states published on Tuesday.

› Gas prices rising slightly again
Oil prices hit some of their highest levels of the year last week before settling below $60, helping to push gas prices higher when it seemed they might settle down for the summer.