April 25, 2024

Wednesday's Afternoon Update

What you need to know about Florida today

| 5/6/2015

Gov. Rick Scott leaves meeting with HHS empty-handed

Florida Gov. Rick Scott met with U.S. Health and Human Services Secretary Sylvia Burwell this morning to talk about renewing a $2.2 billion hospital funding program for Florida. HHS had told Florida the program is being phased out. After the meeting, Scott told reporters "we don't have a resolution" to the hospital funding dispute. This dispute, along with conflict over whether to endorse a Medicaid expansion, has prevented a state budget from being finalized. More from the Tampa Bay Times.


Hiring slows sharply in April

U.S. companies hired in April at the slowest pace in nearly a year and a half, a private survey found, as the strong dollar dragged down overseas sales and energy companies cut back on spending in the face of lower oil prices. More at the AP, the Wall Street Journal, and USA Today.


Cyber Security
USF takes aim at cyber criminals


Last year, Gov.l Scott and the Legislature allocated $5 million to establish the Florida Center for Cybersecurity at the University of South Florida in Tampa. Center managing director Sri Sridharan (foreground of photo), a longtime tech veteran, leads a statewide advisory council with representatives from every public university.

» This story, and more, are part of a business roundup for Southwest Florida.

SpaceX completes Dragon pad abort test from Cape

SpaceX this morning completed an apparently successful test of a system that would allow astronauts in its Dragon capsule to escape a launch pad emergency. At 9 a.m., a prototype Dragon carrying only a test dummy fired eight engines to rocket from a stand on Launch Complex 40 at Cape Canaveral. More from Florida Today, Business Insider, and the Orlando Sentinel.


Grow America Act could fuel highways

By all accounts, the economic success of South Florida depends in large part on the efficiency of its transportation infrastructure and needs adequate funding for maintenance as well as new projects, which the proposed Grow America Act promises to ensure through steady funding. More at Miami Today.


Disney, through ESPN, entering daily fantasy sports

Florida's best-known casino opponent is investing $250 million in the fastest-growing form of gambling: online fantasy sports. Walt Disney Co. is putting money into DraftKings Inc., which allows fans to bet on a per-game basis rather than locking in with a team for an entire season. More at the South Florida Sun-Sentinel.

Environment
‘Fattened up’ coral could be better at fighting climate change

cameras Like a jock beefing up for a big game, some corals could do far better at withstanding the heavy blows of climate change when pumped with supplements, according to a new University of Miami study. The study looked at endangered staghorn coral, a fast-growing branching coral that once provided the scaffolding for much of Florida’s reef system.

» More at the Miami Herald

Tags: Daily Pulse, Afternoon Pulse

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Florida Trend Video Pick

Florida shoe cobbler mends more than soles
Florida shoe cobbler mends more than soles

Jim McFarland, a fourth-generation shoe cobbler in Lakeland, Florida, never anticipated his trade mending shoes would lead to millions of views on social media. People are captivated by his careful craftsmanship: removing, then stitching and gluing soles on leather footwear.

Video Picks | Viewpoints@FloridaTrend

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