August 12, 2022

Thursday's Afternoon Update

What you need to know about Florida today

| 2/19/2015

Walmart to spend $1 billion to raise U.S. wages this year

Walmart said on Thursday its hourly full-time and part-time workers will earn at least $9.00 an hour, or $1.75 above the current federal minimum wage, starting in April. The increase will put Walmart workers 95¢/hour over Florida's hourly minimum wage of $8.05. In addition, Walmart plans to continue increases in 2016, and will raise employees to at least $10.00/hour by Feb. 1, 2016. More at Reuters.

Also see
» Analysis: As Walmart gives raises, other employers may have to go above minimum wage
» Walmart beats 4Q profit forecasts


Applications for unemployment aid plummet

The number of Americans seeking unemployment benefits fell sharply last week, a sign that a recent string of strong job gains may continue. Weekly applications for unemployment aid dropped 21,000 last week to a seasonally adjusted 283,000, the Labor Department said Thursday. More at the AP.


Around the State
Of tourists and toll roads

miami toll plaza
With Florida setting tourism records and the economy picking up speed, more tourists and business visitors are zipping through automated toll lanes in rental vehicles — only to find at the end of the trip that “administrative fees” have been tacked onto their bill in addition to the toll charges.

» Access full story

Floridians want to conserve water but not spend much to do so

A University of Florida survey found that many state residents are concerned about polluted rivers and lakes, and take steps to conserve water, but don't want to spend much or work particularly hard to protect the resource. More at the Orlando Sentinel.


Gov. Scott invites Pennsylvanians to move south for lower taxes

Governor Rick Scott is telling residents of the Keystone State that there's no better time to move to the Sunshine State and that he will visit Pennsylvania next week "to meet with businesses and job creators to urge them to move, expand and grow in Florida." Read Rick Scott's letter to Pennsylvanians, see background from the Tampa Bay Times and see also:

» Tax policies make PA a ‘target’ for business poachers such as Florida’s governor
» Pennsylvania's Gov. Wolf slams visit by Fla. governor


In a first, Publix toppled from No. 1 spot in grocery satisfaction

Publix Super Markets, the Florida juggernaut of the grocery industry, was toppled from its No. 1 national industry ranking for the first time by two supermarket chains, says a report released Wednesday by the American Customer Satisfaction Index, or ACSI. More at the Tampa Bay Times.

Out of the Box
For Sanford couple, mustaches on a stick are all business

mustache on a stick When Amber and Alex Babcock got married several years ago, they decided to give each guest a whimsical gift: A mustache on a stick. Now, they have turned their Sanford home into a center for the mustache-on-a-stick industry. In an upstairs office and a backyard shed, the Central Florida couple are crafting and molding whimsical facial hair, goofy mouths and even bowties.

» More from the Orlando Sentinel

Tags: Daily Pulse, Afternoon Pulse

In case you missed it:

Florida Trend Video Pick

Rays pitcher JP Feyereisen encourages Tampa Bay area kids to read
Rays pitcher JP Feyereisen encourages Tampa Bay area kids to read

Rays pitcher JP Feyereisen reads with kids at the Largo Public Library as part of the "Reading with the Rays" program. The event hits close to home for Feyereisen, who went to school to be a teacher and plans to become a teacher and coach once his baseball career is over.

Video Picks | Viewpoints@FloridaTrend

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