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Thursday's Afternoon Update
What you need to know about Florida today
Florida job cuts double in June, but longer trend still shows layoffs declining
In June, job cuts by Florida employers more than doubled compared to the same month a year ago, according to Challenger, Gray & Christmas’ monthly report released Thursday. But year-to-date, job cuts were down 6 percent from the same period a year ago: 8,163 compared with 8,684. More from the South Florida Sun-Sentinel.
Sunrise-based Federal National Insurance Co. changes its name
Sunrise-based Federated National Insurance Co. has changed its name. One of just five publicly traded property and casualty insurers based in Florida, it now calls itself FedNat Insurance Co. More from the South Florida Sun-Sentinel.
U.S. Army selects Orlando's Cole Engineering for $500,000 contract
An Orlando defense company will build a prototype of a simulated shoulder-fired missile launcher after they landed a $500,000 contract from the U.S. Army. Cole Engineering Services landed the deal with the U.S. Army’s Orlando-based Training and Readiness Accelerator, known as TReX. More from the Orlando Sentinel.
Florida Forest Service sends firefighters to battle western blazes
Florida Forest Service firefighters are being sent to battle blazes in Oklahoma and other western states. Florida can lend support to other states because of "the recent rainfall and current low wildfire danger levels across Florida," said Florida Forest Service Director and State Forester Jim Karels. More from WTXL.
North Miami Beach looking to create a microbrewery district
North Miami Beach is days away from soliciting businesses to create the area’s first microbrewery district. Businesses seeking to set up shop here will compete for one of three grants — as much as $200,000 in taxpayer money in the way of equipment for them to craft their own beer. More from the South Florida Sun-Sentinel.
Future Florida
Strategic thinking about Florida's future
The Florida Chamber Foundation is designing Florida 2030, a blueprint for Florida’s future. The report will address ways to ensure global competitiveness, prosperity and vibrant and sustainable communities as Florida continues to grow and encounter both the challenges and opportunities ahead. [Sponsored report]
» Read the story from the Florida Chamber, here.
Business Profile
Proveit
Trivia contests reward speed, but even Prem Thomas and Nathan Lehoux were surprised at the lightning-round pace at which they raised their latest round of capital for their mobile trivia app Proveit. The app allows players to win money playing trivia games. Orlando attorney and medical marijuana advocate John Morgan has invested $2 million in the company.
» Read more from the Tampa Bay Times.
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