May 19, 2024

Wednesday's Daily Pulse

What you need to know about Florida today

| 8/27/2014

› Duke Energy's reversal: They'll buy an existing power plant, not build a new one
In a major reversal, Duke Energy Florida said Tuesday that it reached an agreement with the owner of an independent natural gas plant to purchase the Polk County facility and withdraw its proposal to build $190 million in peak power units of its own in 2016.

› Underwater mortgages decline across South Florida
Home price increases have cooled in recent months, but double-digit gains over the past year have helped more South Florida homeowners regain equity they lost during the housing debacle. "Underwater" mortgages fell sharply in the second quarter, to 22 percent from 34 percent a year ago, according to Zillow.com.

› Brighthouse to bring 155 jobs to Manatee
The cable giant intends to double the size of its Manatee County employment base with the move, and it is already hiring for some positions -- including customer service, technical support and administration.

› Church Street Exchange rebirth almost complete
It was only last year that the Church Street Exchange Building was still an empty sad reminder of better days in downtown Orlando. However, with this week’s grand opening for the Canvs coworking space, the rebirth of the iconic building is almost complete.

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FloridaCommerce responds to questions about management of Rebuild Florida program
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