Tuesday's Afternoon Update

What you need to know about Florida today

| 4/10/2018

Women’s pay in Florida worsening, but gap closing

The gender pay gap in Florida is closing, but not for good reason. Women’s median annual earnings in the state have fallen in the past decade, yet the wage gap has narrowed due to an even sharper decline in men’s earnings in the wake of the Great Recession. More from the Naples Daily News, the South Florida Sun-Sentinel, and the Tampa Bay Times.

Tupperware stock plummets after adjusting forecast

The stock for Tupperware Brands dropped more than 11 percent Tuesday and wiped away more than $200 million in value after company officials announced its upcoming earnings report would be worse than previously anticipated. More from the Orlando Sentinel.

One Spark attendance smolders

The rebooted and relocated One Spark fell short of its scaled-back goal of drawing 30,000 to 40,000 people for the two-day festival over the weekend. One Spark still is calculating attendance and doesn’t have an official figure yet, but the organization expects final attendance figures will be less than projected, said Chris Carter, One Spark president. More from the Florida Times-Union.

FEMA faulted for failed hurricane-aid contracts, including some with St. Cloud company

The Federal Emergency Management Agency awarded contracts for hurricane supplies without adequately researching whether winning bidders could deliver what they promised, according to a new investigation. More from the Orlando Sentinel.

Florida businesses plan to give their workers pay raises this year

About one-third of Florida’s small and mid-size business owners plan to increase employee compensation in the next six months, according the spring 2018 PNC Economic Outlook. The survey also found that most Florida business owners are optimistic about the economy and expect sales to increase between now and the fall. More from the Tampa Bay Business Journal.

Florida Dining
Steelbach

Steelbach, the new Southern-inflected chophouse, the only sit-down restaurant at Tampa's Armature Works thus far, has its own herd of naturally raised beef, which lives its whole life cycle in the state of Florida. Steaks and chops are used at Steelbach, but the entirety of the animal is utilized there or at the Boca group of restaurants.

» More from the Tampa Bay Times.

Sports Business
Root, Root, Root for the ... International Offshore Holding Corporation?

The Miami Marlins are claiming corporate citizenship in the British Virgin Islands in an effort to have a federally appointed arbitrator take over the lawsuit by Miami and Miami-Dade County to recover a share of the profits from Jeffrey Loria's $1.2 billion sale of the team to Derek Jeter and partners last fall.