Florida Trend | Florida's Business Authority

Wednesday's Afternoon Update

Florida's 2018 Legislature was the least productive in two decades

After 62 days in Tallahassee during the 2018 session, Florida’s Legislature passed 196 bills. That’s the fewest number in at least 21 years, according to state records. The low numbers come after a steady decline with the trend going clearly toward fewer bills sent to the governor’s desk. More from the Tampa Bay Times.

Record spending this St. Patrick's Day should bring good luck to Florida retailers

The Florida Retail Federation (FRF), the state’s premier trade association representing retailers for more than 80 years, has announced that spending for St. Patrick’s Day is expected to set a record of $5.9 billion nationally, which is the highest level in the 14-year history of the survey and far surpasses last year’s record of $5.3 billion. Full story here.

Economics shelves FPL nuclear units at Turkey Point

Nuclear units Florida Power & Light was to build at Turkey Point have been delayed indefinitely as it’s too expensive to compete with natural gas, FPL says. In 2010, the county agreed with FPL to build two new nuclear units at Turkey Point and treat 90 million gallons daily of reclaimed water to cool them. More from Miami Today.

Rubio files bill to make daylight saving time permanent

U.S. Sen. Marco Rubio filed legislation that would let Florida and the nation keep daylight saving time all year. The Florida Republican introduced the "Sunshine Protection Act" and the "Sunshine State Act" on Wednesday. See Rubio's announcement here. Also read more at the South Florida Sun-Sentinel.

FEMA flood maps massively underestimate real risks, study finds. Florida’s a hot spot.

Nearly 41 million Americans — more than three times current estimates — could face 100-year flooding, the study found. The amount of property at risk is more than double. With about $714 billion in property located in a 100-year floodplain, Florida is a national hotspot. More from the Miami Herald.

Hospitality
New Sarasota hotel has modern amenities with Amish flavor

 This is a simple but elegant place. The Carlisle Inn, which opened quietly on March 1, nods to the Amish and Mennonite communities that surround it in the Pinecraft neighborhood but it’s also a modern property designed to serve everyone

» More from the Sarasota Herald-Tribune.

 

Entrepreneurship
Young Entrepreneurs Academy

florida originalsMore than a dozen budding executives from across Polk County, part of the Young Entrepreneurs Academy, recently got to sit in front of five people they aim to be someday: successful business owners.

» Read more from the Business Observer.