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Tuesday's Afternoon Update
What you need to know about Florida today
Americans are spending most since 2009
U.S. consumer spending recorded its biggest increase in more than six years in April and inflation rose steadily, more signs of an acceleration in economic growth that could persuade the Federal Reserve to raise interest rates again as early as June. More from Reuters, Money, and the Wall Street Journal.
Florida to get $5 million from failed visual effects studio
Florida is going to recoup $5 million out of $20 million the state invested in a failed visual effects film studio. State and local governments have reached a settlement in a complicated legal battle that involved filings in bankruptcy court as a well as a civil lawsuit filed in St. Lucie County. More from the AP.
Don’t have a will? That’s not good for business
Individuals invested in businesses need an estate plan. Their blood, sweat and tears are tied up in three basic forms of ownership — sole proprietorship, partnership or a corporate entity — and each presents a challenge. More from the Miami Herald.
Not ready to buy? Company will buy, then rent to you with option to buy
Home Partners has launched a new program that allows interested buyers to pick their home with their own Realtor, lease it first and have the option to purchase it within five years. The Chicago-based brokerage has rolled out its program in 34 markets, including Sarasota. More from the Sarasota Herald-Tribune.
Small Business Advice
Carve out some time alone so you can get critical thinking done
Management has to allocate time to think about critical problems to insure they just do not respond to a crisis but rather have a carefully thought out a plan. I encourage you to allocate time every day to spend time just thinking as this is just so valuable to your organization. More from Jerry Osteryoung.
Tourism
Culinary tours bolster Palm Beach County’s tourism menu
As many as 40 percent of U.S. travelers plan their vacations around food, according to the World Food Travel Association. In Palm Beach County, 28 percent of all tourists cite culinary motivations as the reason for their visit, tourism officials said.
» More from the Palm Beach Post.
Business Profile
Pizzazz Scenic Contractors
The two buildings up at the north end of Talleyrand in Jacksonville are nondescript enough that anything could be coming out of there … business cards, roof trusses or rebuilt transmissions. But the work at Pizzazz Scenic Contractors is a little more fanciful than that.
» More from the Florida Times-Union
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