August 20, 2022

Tuesday's Afternoon Update

What you need to know about Florida today

| 2/3/2015

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.

See also:
» Nevada and Florida Home Prices Still a Third Below Peak
» Orlando-area home prices increase in December

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

LaunchPad for student ventures

The University of Central Florida’s Blackstone LaunchPad provides free confidential coaching, daily seminars and a mentor network to foster entrepreneurship among students.

» Access full story

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.

Business Profile
Perry Ellis: designing a new pattern for profits

perry ellis The iconic apparel company Perry Ellis International, a major force in South Florida’s economy and an important player in the casual apparel and sportswear sector, works to return to profitability.

» Read more from the Miami Herald

Tags: Daily Pulse, Afternoon Pulse

In case you missed it:

Florida Trend Video Pick

Video of large waterspout off northwest Florida
Video of large waterspout off northwest Florida

A large waterspout formed this week off Destin in Northwest Florida.

Video Picks | Viewpoints@FloridaTrend

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