Tuesday's Afternoon Update

What you need to know about Florida today

| 4/26/2016

DOJ approves Charter's deal to buy Bright House Networks

Federal regulators will impose several conditions meant to protect online video services as they back Charter's bid to buy Time Warner Cable and Bright House Networks and create the country's second-largest home Internet provider. More from Full story from Reuters is here. Also read more at WTSP and Money.

How drones will change the world in the next 5 years

The fast-growing global drone industry has not sat back waiting for government policy to be hammered out before pouring investment and effort into opening up this all-new hardware and computing market. More from Business Insider.

Office Depot finances hurt by stalled Staples takeover

Boca Raton-based Office Depot Inc. says regulatory roadblocks are disrupting its business as Staples Inc. tries to buy the company. The office supply giant reported a 9 percent decrease in sales in the first quarter of 2016. More from the South Florida Business Journal and the AP.

Max Planck honored for life sciences efforts

The Max Planck Florida Institute for Neuroscience was recognized for commitment to furthering the life sciences through education and collaboration. The institute received the Life Sciences South Florida Lifees Award at the eMerge Americas tech conference last week in Miami. More from the South Florida Sun-Sentinel.

NSU names Kyle Fisher Vice President for Public Relations and Marketing Communications

Nova Southeastern University (NSU) President Dr. George Hanbury announced the appointment of Kyle Fisher, B.A. to vice president for public relations and marketing communications, effective July 11. She will report directly to President Hanbury. Full story here.

Marketing Business
Minimum wage battle

Florida is going to start airing radio ads criticizing California's decision to raise the minimum wage. The state's economic development agency is using taxpayer money for radio ads that will run on Los Angeles and San Francisco radio stations.

» More from the AP.

Business Profile
Molly and Friends

In 1999, Tom Grant graduated from college and bought a cat furniture business using credit cards. He had never planned to pursue a career in the cat furniture business — most people don't — but when the furniture store where he worked, Molly and Friends, went up for sale, he realized he would be the best fit to buy it. So he did.