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Thursday's Afternoon Update
What you need to know about Florida today
Florida flood risk study identifies priorities for property buyouts
A study of flood damage in Florida by scientists at UC Santa Cruz and the Nature Conservancy proposes prioritizing property buyouts based on flood risk, ecological value, and socioeconomic conditions. More from Phys.org.
Tampa television station sold for $18.7 million
WUSF Public Media will end broadcasting of its television channel Oct. 15. The end of broadcasting comes after the sale of the WUSF TV broadcast license in the Federal Communications Commission Spectrum Incentive Auction. The station was sold for $18.7 million. More from the Business Observer.
Miami International Airport gets bonanza in federal grants
The Federal Aviation Administration awarded this week over $36 million in infrastructure grants to Miami International Airport to reconstruct and rehabilitate taxiways to improve the safety and efficiency of airport operations. More from Miami Today.
Jacksonville’s FirstAtlantic bank operations merge with Alabama company
Jacksonville’s FirstAtlantic Financial Holdings Inc. has been acquired by an Alabama financial institution in a deal worth about $3.1 billion in assets. Officials with National Commerce Corp., headquartered in Birmingham, Ala., announced Thursday after a definitive agreement was signed approving the merger. More from the Florida Times-Union.
South Florida ranked as the hardest place in nation for low-income renters
As the nationwide housing crisis becomes more dire for those who are the most vulnerable, South Florida has been ranked as the metro area with the highest percentage of low-income renters who can’t find affordable housing. More from the Miami Herald.
Out of the Box
Thrift Shop Hunters Find Rare NASA Flight Suits
Talia Rappa and Skyer Ashworth turned summer bargain shopping at a Titusville Thrift store closeout into the stuff of NASA collectors' legend when the central Florida college students paid 20 cents each for five rare NASA flight suits that experts say could be valued at $5,000 each or more.
Business Profile
ZenCrate
A new company hopes to build the calm during the storm at a new South Florida facility. Because the dog-days of summer can be anything but for a dog scared of the wild weather the season brings. The creators of the ZenCrate show off what they call the first ever "smart" anti-anxiety dog crate.
» Read more from FOX 13.
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