August 9, 2022

Wednesday's Afternoon Update

What you need to know about Florida today

| 2/11/2015

Stronger U.S. growth seen in 2015

The U.S. economy is set to record its best performance in a decade this year as a rapidly strengthening labor market buoys domestic demand, giving the Federal Reserve the confidence to start tightening monetary policy. More at the Reuters.

Education could define Jeb Bush run

As Jeb Bush edges closer to a presidential run, no issue may better define him than his efforts to improve education in Florida and the nation. To detractors, Bush undermined public education. To supporters, he led an innovative reform effort. More at the Sarasota Herald-Tribune.

TherapeuticsMD launches $55M stock offering

Small Business
A Spot at the Incubator

Florida Atlantic University holds an annual business plan competition among students that awards a half-year’s worth of free incubator space to encourage growth and success.

It recently launched its Tech Runway business accelerator, a 16-week boot camp that offers aspiring entrepreneurs access to mentors, seed funding and space to work for a year.

» Access full story

Boca Raton biotech firm TherapeuticsMD announced a $55 million common stock offering Wednesday. The company will offer 13.6 million shares of its common stock at $4.05 per share. More at the South Florida Business Journal.

Health insurance complicates tax season

This year marks the first time the Affordable Care Act has affected tax season, and for those opting to ignore the law and go without, penalties are meted out through the tax code. By April 15, every tax filer in the U.S. will have to verify that he or she had health coverage in 2014, claim an exemption for not having it, or pay a penalty. More at the Sarasota Herald-Tribune.

Is all fair in love and work?

As workplace norms on romantic relationships have relaxed, many couples find themselves seeking advice on how to get ahead. Understanding how to balance the professional connection and competition, while avoiding trouble at home, is key. More at the BBC.

Business Profile
On a Roll

tires Tires On Site is a South Florida company that comes to the customer’s location and replaces worn-out tires with affordable new ones. Now, as Tires On Site celebrates its fifth anniversary, the South Florida company has made huge strides in revenue growth, name recognition and manpower. It has added more trucks, more customers and more marketing muscle, and has big plans to continue to expand.

» More from the Miami Herald

Tags: Daily Pulse, Afternoon Pulse

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Florida Trend Video Pick

Ybor City restaurant set to close after 93 years
Ybor City restaurant set to close after 93 years

After 93 years, Tony's Ybor Restaurant will be closing early next month. Larry Scaglione says his grandfather started the restaurant off 22nd Street in 1929.

Video Picks | Viewpoints@FloridaTrend

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