Florida Trend | Florida's Business Authority

Monday's Daily Pulse

Global recovery ‘in danger of stalling’

The world economy is beset by feeble growth and a recovery that is “weak, uneven and in danger of stalling yet again,” according to the latest Brookings Institution-Financial Times tracking index. In addition, the Paris-based Organisation for Economic Cooperation and Development issued a statement, saying "The CLIs (composite leading indicators) continue to point to easing growth in the United States, the United Kingdom, and Japan, with a similar outlook now expected in Germany and Italy. " More from Reuters and CNBC.

See also:
» The U.S. economy: Goldilocks it’s not
» Obama to Meet Fed Chair Yellen on Monday

Tips for avoiding ransomware

Hacking for ransom is on the rise — on pace to beat out last year's figures — and hits people where it hurts, locking them out of files, photos and critical records until they pay hackers a bounty to restore their access. [Source: AP]

See also:
» Adobe rolls out emergency update to counter ransomware threat

Firms bought plenty of homes during downturn; now rent thousands of them

Sales are back up, prices are rising, but out of those ashes came a new wrinkle in real estate: Companies that own hundreds of homes filled with renters, where the motive is monthly cash flow more than the appreciating price that used to drive the market. [Source: Florida Times-Union]

Commentary: Big business is this election's biggest loser

Almost lost in the tragi-comic presidential election is the deep and growing antipathy toward Big Business. It comes through in the candidates' rhetoric, voters' behavior and the issues driving the campaigns. [Source: Bloomberg]

Florida Citrus Department considers requests from struggling growers

Gov. Rick Scott has sided with a group of growers in asking the Florida Department of Citrus to squeeze its operations as the industry struggles with the effect of citrus disease. [Source: South Florida Sun-Sentinel]

See also:
» Sour outlook boosts orange juice prices

ALSO AROUND FLORIDA:

› Miami-Dade explores ways to inject sewage deep underground
Changes in state law will require the county's water and sewer department over the next nine years to stop pumping most of the 300 million gallons of treated waste generated daily through pipes miles out into the ocean.

› Looking back at One Spark 2016, organizers say refocus on creators fortified condensed event
Sure, the street festival in downtown Jacksonville got the most attention for One Spark 2016 drawing about 70,000 people to the one-day party. But a revised concentration on startups and entrepreneurs also allowed organizers to fortify a deeper commitment to the original intent of the crowdfunding event.

› Port Canaveral eases up on expansion plans
John Murray, the new chief executive officer at Port Canaveral, said he’s impressed by the speed of the progress taking place at Central Florida’s main seaport.

› Hillsborough alliance to market manufacturing jobs
Manufacturing companies are turning to unconventional methods to find employees in the face of a severe shortage of qualified applicants.

Go to page 2 for more stories ...

› Gannett adds Florida sites, more across US
The merger of Gannett and Journal Media Group was completed Friday, adding 15 daily newspapers and a selection of weeklies and their affiliated websites in 14 states.

› Royal Caribbean welcomes 24th ship: Ovation of the Seas
Royal Caribbean International took possession Friday of its 24th ship: Ovation of the Seas. Ovation, with a capacity for 4,180 passengers at double occupancy, is the third vessel in the Miami-based cruise line's Quantum-class of ship

› Florida company invents colorful artificial reef system for Discovery Cove
Colorful artificial reef sections at SeaWorld Discovery Cove in Orlando are actually the invention of an Orlando-based company, Bottled Ocean Inc., which started out as an aquarium maintenance service and is now moving into manufacturing.

› The man who rejected Sachs aims to fix your 401(k)
Greg Smith, president of the financial start-up Blooom, is an ex-Goldman Sachs banker who now oversees marketing and business development at the start-up that guides savers to appropriate retirement investments.