Tuesday's Afternoon Update
What you need to know about Florida today
Home price gains weakened in December
Real estate data provider CoreLogic says home prices rose 5 percent in December from 12 months earlier. That is down from the 5.5 percent price gain recorded in November. It's much lower than the double-digit gains that occurred last year. More at the AP and CoreLogic.
Budget saves millions for safety net hospitals
Gov. Scott wants to repeal the so-called “hospital tiering” law set to take effect later this year. Under the controversial policy, counties that use local dollars to attract federal matching funds for healthcare would have to share the money with counties that don’t raise local funds. More at the Miami Herald and Health News Florida.
Clinton ties Bush in Florida - Quinnipiac University swing state poll finds
A first look at three critical swing states, Florida, Ohio and Pennsylvania, for the 2016 presidential election is good news for former Secretary of State Hillary Clinton, who tops possible Republican contenders in every matchup, except Florida, where she ties former Gov. Jeb Bush, and Ohio, where she ties Gov. John Kasich. Read the full story.
Office Depot, Staples in merger talks, WSJ reports
Activist shareholder Starboard Value has been urging the merger between the nation's largest office suppliers, recently writing a letter to Staples' chief executive. New York-based Starboard Value owns about a 10 percent stake in Office Depot and about 5 percent in Staples. More at the South Florida Sun-Sentinel and the Wall Street Journal.
AutoNation beats earnings expectations
AutoNation reported multiple acquisitions, a 28 percent increase in domestic vehicle sales, a 12 percent increase in import vehicle sales and a 10 percent increase in premium luxury brands across the country. More at the South Florida Business Journal.
In case you missed it:
Report shows majority of Florida hospitals are not complying with the federal price transparency law
At some universities, tenure may become a thing of the past. That could have an economic impact.