Thursday's Afternoon Update
What you need to know about Florida today
Florida stocks took a hit during Wednesday's market sell-off
Fall-offs in technology stocks propelled the stock market’s worst decline in eight months on Wednesday, with the Dow Jones Industrial and Standard & Poor’s indexes both down more than 3 percent and the tech-heavy Nasdaq index down more than 4 percent. Florida companies both inside and outside the tech sector were not immune. The Tampa Bay Times looks at 10 of the largest public companies in the region. How are your favorite Florida stock doing? Find out here:
President Trump declares major disaster in Florida as state responds to Hurricane Michael
Today, President Donald Trump declared a major disaster in Florida. Assistance will be available to individuals in Bay, Franklin, Gulf, Taylor, and Wakulla Counties. Public assistance for emergency work and repair is available for the counties of Bay, Calhoun, Franklin, Gadsden, Gulf, Hamilton, Jackson, Jefferson, Leon, Liberty, Madison, Suwannee, Taylor, and Wakulla, All counties in Florida are eligible to apply for assistance under the Hazard Mitigation Grant Program. See the declaration from President Trump, here. Also find more updates in the latest news release from Gov. Scott.
Boeing completes acquisition of KLX Aerospace Solutions
Boeing closed its acquisition of Wellington-based aerospace parts distributor KLX Aerospace Solutions on Tuesday, a move company officials said will create a clearing house for aerospace parts and services in Miami. More in the news release.
JC Penney hiring 700 in South Florida for holiday season
JCPenney is having a hiring event Oct. 16 to fill 700 seasonal jobs in South Florida and a total of 2,500 in Florida. Positions include customer service, cashiers, replacement specialists, and beauty consultants for Sephora shops inside JCPenney stores. More from the South Florida Sun Sentinel.
Panel discusses effects of Red Tide on Florida
Florida International University (FIU) convened a panel of experts to help the community learn about what causes Florida Red Tide. College of Arts, Sciences & Education researchers Thomas Frankovich, Jose M. Eirin-Lopez and Kathleen Rein are studying the organism that causes the harmful algal bloom. "When it comes to the critical ingredient here – that is the nutrients going into the water – that is something we can act upon," Eirin-Lopez said. "That is the real, important element fostering the bloom, [making it] more frequent and longer in extent." Read more phys.org.
Research in Florida
How dolphins and whales fight disease, red tide
Dolphins, whales and other cetaceans are susceptible to many of the same health hazards as humans including mercury and brevotoxin (e.g. Red Tide). Researchers from Florida Atlantic Univesity’s Harbor Branch Oceanographic Institute found cetaceans compete for survival in an evolutionary “arms race” by triggering an immune responses on a molecular level. Certain rapidly evolving genes act as an early warning system, and sound an alarm against the "foe" external pathogen.
|» More from FAU.
Florida Trend Regional Report
Spreading the Word: A businessman and book lover takes to the screen
Mitchell Kaplan (photo) founded independent bookstore chain Books & Books, and now he’s taking books to the big screen. This year, Kaplan’s film production venture with longtime movie producer Paula Mazur, Mazur/Kaplan Co.,released its latest full-length movie, The Guernsey Literary and Potato Peel Pie Society, based on the best-selling novel by Mary Ann Shaffer and Annie Barrows. Read the full story here, part of a business roundup for Miami-Dade.
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