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Tuesday's Afternoon Update
What you need to know about Florida today
The climb continues for home prices
U.S. home prices rose solidly in June, another sign of health in the housing market. Strong sales have been lifting prices. Sales of existing homes rose 2 percent in July to a seasonally adjusted annual rate of 5.59 million, the fastest pace since February 2007. More at the AP, the ABA Banking Journal, and Consumer Affairs.
See also:
» Stock volatility could further weaken housing demand
» South Florida home prices went up in June
Researchers discover way to morph cancer cells into normal cells
A breakthrough in cancer research and perhaps one day, cancer treatment, as Mayo Clinic announces a new way to stop cancer cells dead in their tracks. The news comes from the Mayo Clinic Florida campus in Jacksonville. More at the KTTC., Medical News Today, and the Telegraph.
Maitland-made Madden NFL 16 debuts
It has been 27 years since Electronic Arts debuted a video game that would become one of the greatest sports video game franchises ever created. Since then, the Madden NFL series has sold millions of games, generated billions of dollars in revenue and moved its production site to a Central Florida studio. More at the Orlando Sentinel.
Gov. Scott orders random hospital audits
Gov. Rick Scott is ordering state health officials to audit more than 100 hospitals as part of his ongoing battle with hospitals, which he says are driving up Medicaid costs. More at the AP.
How I bought my first franchise with a tax refund
One thousand dollars from a tax refund was all Lisa Shaw needed to buy her first franchise license and become a Coffee News franchisee. While it has become more expensive to purchase a franchise license of the advertising publication in the last 15 years, Shaw's involvement in the franchise has only deepened. More at Entrepreneur.
Preparedness
Do You Have a 'Business Continuity Plan'?
A business emergency is one of those things you never want to think about -- until you have to. Weather emergencies. Natural disasters. The death or incapacity of a key leader. The loss of a revenue stream: Until one of these things happens to you, you may find it easy to be lulled into a false sense of security.
» More from Entrepreneur
Development
Florida’s New Target in the Fight Against Sprawl: Too Many Roads
In facing a massive infrastructure crisis, America is learning the hard way that the cost of highways doesn’t end with their construction. Roads must be maintained for years and years—a ceaseless strain on local budgets. As chief of development and infrastructure for Florida’s Hillsborough County, home to metro Tampa, Lucia Garsys knows this lesson all too well.
» More from Citylab
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