Florida Trend | Florida's Business Authority

Wednesday's Daily Pulse

Stores rush to restock as Hurricane Irma threatens

Stores are rushing to get new supplies of water, bread, generators and batteries as Hurricane Irma cuts a path towards Florida. Hurricane Irma — with its ferocious 185 mph winds — made landfall in the Caribbean early Wednesday, slamming into Barbuda and Antigua as it headed for Puerto Rico. More from the Miami Herald, the Orlando Sentinel and WKMG.

See also:
» Miami-Dade planning first major evacuation in 12 years ahead of Hurricane Irma
» Hurricane Irma prep: Five things you need to buy at the grocery store now
» Florida suspends road tolls due to Hurricane Irma
» Florida Attorney General activates line to help get the gougers
» Jacksonville officials starting to prepare for potential impact as hurricane approaches
» Hurricane Irma: Where to buy supplies and groceries in Naples and Southwest Florida
» Florida Keys evacuations readied ahead of Irma
» South Florida schools and colleges close ahead of Hurricane Irma
» Opinion: Hurricane Irma could put claims about insurance to the test

Florida insurers shares tumble as Hurricane Irma looms

Shares in Florida home insurers such as Heritage Insurance Holdings tumbled on Tuesday as investors braced for losses as Hurricane Irma appeared set to hit the state on Saturday. [Source: Reuters]

Florida ACA navigators will try to sign up more patients with much less money

The federal government will cut the Obamacare advertising budget by 90 percent, going from $100 million to $10 million in the upcoming 2018 enrollment season. Funding for so-called navigator organizations that help people enroll will be cut nearly 40 percent. [Source: Florida Politics]

Gwen Graham wants Florida to sue drug makers to cover costs of treating opioid addiction

Governor candidate Gwen Graham said Tuesday the state of Florida should sue the pharmaceutical industry to recover costs of treating people addicted to opioids. Other states and local governments are taking or have contemplated similar actions. Graham said Florida would join them if she’s elected governor. [Source: South Florida Sun-Sentinel]

Florida leaders react to Trump's decision to end DACA program

Florida political leaders on both sides of the aisle reacted to the announcement saying new legislation will be immediately needed to fill the gap for the undocumented youths brought into the U.S. as children, many of whom are tax-paying adults now. [Source: WKMG]

See also:
» DACA repeal takes a financial toll on Florida

ALSO AROUND FLORIDA:

› Miami Auto Show postponed indefinitely due to threat of Hurricane Irma
The Miami International Auto Show, slated to open at the Miami Beach Convention Center Saturday, has postponed its opening due to the threat of Hurricane Irma.

› Northrop lands $177 million work for Orlando-built system
The Australian Defense Force has inked a deal with Northrop Grumman to install and maintain a satellite monitoring system that was developed in its Orlando office.

› Internet cafés making a comeback in Jacksonville
The internet cafés are returning after the Florida Legislature in 2013 adopted new regulations in the wake of the shutdown of 49 Allied Veterans of the World internet cafés.

› Kansas manufacturer buys Tarpon Springs leather company
Hopkins Manufacturing Corp. announced Tuesday that it has acquired Acme Chamois, a leather company that's part of the Acme Sponge and Chamois Co. group based in Tarpon Springs.

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› State gets land for base buffering
The state has inked a $1.67 million deal for just over eight acres known as “Barefoot Palms” as a buffer around Naval Support Activity (NSA) Panama City.

› With 40 more stores, restaurants open or on the way, Jacksonville’s Town Center is the place to be
The St. Johns Town Center has been Jacksonville’s retail center for more than a decade now. About 200 stores and restaurants stretch out for a mile along one side of Town Center Parkway. And now, it's expanding.

› Collier County raises bed tax rate
The bed tax in Collier County has increased to 5% from 4%, effective Sept. 1. Also, the formula for how those funds are allocated has shifted, according to a statement from the Naples, Marco Island, Everglades Convention and Visitors Bureau.

› Two Miami men convicted of laundering billions in Amazon gold
Two Miami businessmen who worked for a major U.S. importer of South American gold pleaded guilty Tuesday in a $3.6 billion money laundering case that has shaken up the nation's precious-metals industry.