March 28, 2024

Wednesday's Afternoon Update

What you need to know about Florida today

| 5/27/2015

NOAA predicts below-normal Atlantic Hurricane Season

NOAA’s Climate Prediction Center says the 2015 Atlantic hurricane season will likely be below-normal. But as NOAA Administrator Kathryn Sullivan adds, “A below-normal season doesn’t mean we’re off the hook. As we’ve seen before, below-normal seasons can still produce catastrophic impacts to communities.” There's a 70 percent chance of a below-normal season, with 6 to 11 named storms (winds of 39 mph or higher), of which 3 to 6 could become hurricanes (winds of 74 mph or higher). This year, NOAA will be using new storm surge warning graphics and higher-resolution forecasting models. More at the full report, here.

Profile
Fattmerchant

Fattmerchant, one of Orlando’s promising new startups, recently gained some new talent from a rival startup at local accelerator program Starter Studio.

Read more from the Orlando Sentinel and see read the backstory on Fattmerchant:
» Reluctant entrepreneur finds niche in credit-card processing

Raising the next generation of chief executives

More and more successful entrepreneurs are grooming their children to be chief executives of start-ups, sometimes starting as early as middle school. With small business start-ups proliferating, it is not just the enterprise but the spirit of enterprise that is being passed on to the next generation. More at the New York Times.

FBI raids Miami Beach office of CONCACAF

Swiss prosecutors opened criminal proceedings into FIFA's awarding of the 2018 and 2022 World Cups, only hours after seven soccer officials were arrested Wednesday pending extradition to the U.S. in a separate probe of "rampant, systemic, and deep-rooted" corruption. More at the Miami Herald.

Defining the Sharing Economy: What is collaborative consumption -- and what isn't?

This year, the term "sharing economy" was introduced into the Oxford English Dictionary, proof—not that we need it—that the sharing economy as an idea is here to stay. But what’s happened along the way is a fracturing of the understanding of what the sharing economy actually is, and what it is not. More at Fast Company.

University of Florida online program struggles in first year

Less than 10 percent of the students invited to take part in a new online program at the University of Florida have accepted the offer. But the 256 high school students who've enrolled will be guaranteed a spot at the university once they complete two semesters and at least 15 hours of online course work. More at the AP.

Entrepreneurship
UCF Business Incubation Program

nbia The University of Central Florida (UCF) Business Incubation Program announced today that it has been designated as a Soft Landings International Incubator by the National Business Incubation Association (NBIA).

» Full story

Tags: Daily Pulse, Afternoon Pulse

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Florida Trend Video Pick

Bitter-to-swallow cocoa costs force chocolate shops to raise prices
Bitter-to-swallow cocoa costs force chocolate shops to raise prices

Central Floirda chocolate shops are left with a bitter taste as cocoa prices hit an all-time high earlier this week.

Video Picks | Viewpoints@FloridaTrend

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