Florida Trend | Florida's Business Authority

Wednesday's Daily Pulse

Florida continues to lead U.S. in foreclosures

Florida continues to lead the nation in completed foreclosures, accounting for one out of every five in the U.S. Lenders closed on 104,450 foreclosures in Florida during the 12-month period ended in May, more than twice as many as second-place Michigan. [Source: Sarasota Herald-Tribune]

See also:
» Orlando foreclosure inventory declines, but is double the national average
» Foreclosure Rate Falls to Lowest Level Since 2007

SunPass electronic toll device soon to be accepted in more states

By the middle of next year, Florida’s prepaid SunPass electronic toll device will be accepted throughout a wide swath of the southeastern United States, allowing a driver to travel most toll roads from Texas to South Carolina without ever getting out of their cars or slowing down to toss coins in a box. [Source: Miami Herald]

Florida still ranks high among states with most mortgage complaints

The state of Florida and Bank of America stick out like sore thumbs in a new national analysis of mortgage industry complaints released Tuesday by the U.S. Public Interest Research Group. [Source: Tampa Bay Times]

Auto safety chief says Florida at risk for problem air bags

The head of the federal government's auto safety agency says around three-quarters of ruptured air bags the agency has tested are coming from Florida. More from WTSP and the Orlando Sentinel.

Tax challenges for the Uber economy

The sharing economy. The collaborative economy. The Uber economy. It goes by many names. Whatever you call it, the phenomenon of specialized on-line marketplaces connecting small businesses with customers is growing by leaps and bounds. [Source: Forbes]

See also:
» The on-demand economy is here to stay, and now is the time to put it to use for your business

ALSO AROUND FLORIDA:

› Publix warns of fake coupon on social media sites
The deal sounded too good to be true, so it didn't take very long for grocery shoppers' hopes to get dashed. A coupon promising customers $100 off any purchase of $120 or more made the rounds on Facebook over the weekend.

› Jaguars, Web.com team up for contest to promote small business
The Jacksonville Jaguars are partnering with one of their major sponsors, Web.com, to launch a competition to help encourage small business development.

› Orlando airport had more than 3 million travelers in May
May was a busy month at the Orlando International Airport. It was the fourth month this year to have more than three million travelers come through the airport, according to the Greater Orlando Aviation Authority.

› Brazilians top website searches for Miami real estate
They can’t get enough of Miami in Brazil. For the 12th consecutive month, Brazilians topped the list of foreigners searching the website of the Miami Association of Realtors for local real estate deals.

Go to page 2 for more stories ...

› "Fresh From Florida" products in record number of stores worldwide
Adam H. Putnam announced today that the “Fresh From Florida” retail program, which markets Florida agricultural products, has reached a new record of 12,357 retail stores in 26 countries carrying “Fresh From Florida” products.

› Art Basel hires Noah Horowitz to lead Miami Beach Fair
Art Basel announced that it has tapped Noah Horowitz, the director of the Armory Show fair in New York since 2011, to be its Director Americas, which will put him in charge of Art Basel’s annual December edition in Miami Beach, Florida.

› How Harris Corp. recruits and retains young talent
Local and state officials probably breathed a sigh of relief when a Fortune 500 tech company decided to keep its headquarters in Melbourne, and according to the company's CEO, Florida's tech talent pool and education system played a role in staying.

› Tiny, landlocked Florida City gets $1 million BP oil spill settlement
Five years after the worst offshore oil spill in history, a small city in South Miami-Dade miles from any beach or coastline has received a hefty settlement for losses linked to the environmental disaster.