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Thursday's Daily Pulse
What you need to know about Florida today
Hispanic entrepreneurship could mean $1.4 trillion economic boost
The number of Latino-owned businesses have grown nearly nearly 50 times faster than non-Latino owned businesses, yet Latino businesses lag far behind in revenue compared to those owned by non-Latinos. The result is a $1.4 trillion opportunity for the U.S. economy, according to a new report. Read more from the Miami Herald and read the full report.
Florida Trend Spotlight
St. Petersburg: The changing face of paradise
For decades, St. Petersburg was known as a retirement haven, a place where seniors rested on green benches along Central Avenue, played shuffleboard under live oaks and danced to big band music in the Coliseum. Today, the Green Bench is a brewery with a beer garden regularly packed with millennials and young families. Read the full report here. [Sponsored]
St. Petersburg, Florida Go to spotlight. [Photo: Aerial Innovations]
Economist: Gambling expansion will cannibalize existing Florida business
As Florida lawmakers decide the fate of the future of gambling in the state with the governor's proposed agreement with the Seminole Tribe, one unpleasant issue continues to emerge -- cannibalization. It's the term used by state economists when one business feeds off the other to expand. [Source: Miami Herald]
See also:
» Lawmakers give nod to fantasy sports industry
Few US neighborhoods affordable, walkable with good schools
Across the country, just 14 percent of neighborhoods manage to be at once affordably priced, walkable and near decent schools. And many of those neighborhoods exist in only two cities: Washington and Seattle, according to a new analysis released Wednesday by the real estate brokerage Redfin. [Source: AP]
Do workers slack off more when the economy's better?
There’s something that nearly every manager worries about and no employee can honestly deny doing at least a little bit: not working at work. According to the American Time Use Survey, U.S. workers spend nearly 9 hours at work each weekday, but even by their own admission, not all that time is spent working. [Source: The Atlantic]
› Medical marijuana will be on ballot in November
On Wednesday, a constitutional amendment to legalize the drug gained enough signed petitions to qualify for the ballot in November. If passed, the amendment would allow doctors to prescribe marijuana for people with "debilitating conditions" such as cancer, HIV/AIDS, epilepsy or multiple sclerosis.
› Cade Museum receives $184,000 grant from Templeton Foundation
The John Templeton Foundation has awarded $184,000 to the Cade Museum for Creativity and Invention in Gainesville, Florida to share their creativity and science programs with a national audience.
› One Spark only halfway to goal of 300 creators in 2016 festivities
A day after Jacksonville’s One Spark officials announced they were extending the deadline for creator registration, they acknowledged the number of creator projects signed up for this year is only halfway to their goal of 300.
› Orlando ranks No. 2 in Florida in venture capital activity
Orlando ranked second in the state in venture capital investment last year, according to a new industry report. The report from the National Venture Capital Association says eight companies in Orlando raised a total of $96.3 million in 2015.
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