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Thursday's Afternoon Update
What you need to know about Florida today
Florida's job cuts decline by more than half
Florida's planned job cuts were less than half those in January 2015, outsourcing firm Challenger, Gray & Christmas said Thursday. A total of 554 jobs were eliminated compared with 1,911 the year before. The largest layoffs in the state were in Jacksonville: 300 at BAE Systems and 254 at Professional Transportation. More from the South Florida Sun-Sentinel.
See also:
» U.S. layoffs surge to 6-month high
How high is Florida’s corporate tax rate?
Florida is often rated among the best states to do business, and its corporate tax rate is one reason why. But how does Florida compare with the 44 states that levy corporate income taxes? More from the South Florida Business Journal.
Florida State Fair kicks off
The rides are running, the cotton candy is fluffing, and the livestock are rarin' to go: The 2016 Florida State Fair opened for business on Thursday. Fairgoers will find everything they expect at this year's event -- even rain, per the unofficial first-day tradition. More from FOX 13.
New statewide business group moving to end Florida's business rent tax
The Florida House of Representatives Finance and Tax Committee on Wednesday approved a measure for consideration that would cut the business rent tax from 6 percent to 5 percent in the first year and another 1 percentage-point reduction in the second year. More from the Florida Times-Union.
Owners of Tampa Bay Rays, Lightning and Bucs will discuss the business of sports
The Poynter Institute, a global leader in journalism, announced this week that it will convene the owners of the three major professional sports franchises in the Tampa Bay area in a rare joint appearance at the Institute on Feb. 29. More from Florida Trend.
Out of the Box
All You Can Fly
A St. Augustine company is launching a new airline with service between Jacksonville, Atlanta and Charlotte. It’s called My Sky and it’s a based on a monthly subscription, not each flight. Think of it as all-you-can-watch Netflix or an all-you-can eat buffet geared to the passenger who flies often.
» More from the Florida Times-Union.
Small Business in Florida
Dad-to-Daughter Business Succession
The days have passed when the founders of businesses and the children who inherit those businesses were almost all men. Today, more family businesses are being passed on to daughters, who must navigate traditional succession issues and contemporary business issues — challenges arising from increased globalization, regulation and technical change.
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