July 9, 2020

Monday's Afternoon Update

What you need to know about Florida today

| 9/30/2019

The Sunshine economy: How climate risk could affect Florida's credit

Increasingly investors in the bonds of local Florida governments want to know more about the risks those cities and counties face from climate change, and how those risks could affect the governments’ ability to repay their debts. Credit is important for companies and local governments. Just like a consumer with good credit, when a city or county has good credit, they can borrow money more cheaply to build facilities and invest. More from WLRN.

September ends with gas prices dropping across Florida

After rising across Florida in the aftermath of drone attacks on oil facilities in Saudi Arabia, gas prices across the state have slipped, moving down in the past week. AAA released a study on Monday showing the average gallon of gas in Florida cost $2.44 on Sunday, down six cents from the start of last week. Prices at the pump in Florida continue to be lower than the national average. More from Florida Daily and NorthEscambia.com.

Olive Garden ramps up food-to-go service to compete with the Uber Eats of the world

As services such as Uber Eats and DoorDash deliver an increasing variety of restaurant food, to-go sales are on the rise. Orlando-based Darden Restaurants, with more than 1,380 stores between its Olive Garden and LongHorn Steakhouse brands, has focused on improving its to-go and digital sales services to compete with the delivery trend. More from the Orlando Sentinel.

Moms, kids, hustlers: South Floridians flood seller apps — and are making bank

As incomes across the nation stagnate — and as the cost of living in South Florida continues to climb — a growing cohort of South Floridians are turning to selling whatever they can, for as much as they can, using smartphone-based apps. More from the Miami Herald.

Floridians push back on Nestlé's plan to bottle our water

There's a fight brewing between people trying to protect North Central Florida's Ginnie Springs and a subsidiary of a multinational company that wants to pump more than 1 million gallons of water a day to quench America's thirst for bottled water. The Seven Springs Water Co., a supplier to Nestlé, is asking the Suwannee River Water Management District for a five-year renewal of a permit allowing it to pump nearly 1.2 million gallons a day from wells near Ginnie Springs and the Santa Fe River. More from WJXT.

Business Profile

 It has been a busy summer for GuestBox. Founder and CEO Shuchi Vyas has been signing on new customers and adding new product companies to the mix for her growing business. Vyas has created an alternative to the hotel gift basket, dubbed GuestBox. It’s a package of useful items, such as toiletries, snacks and skincare products, for guests at hotels and other rental properties.

» More from the Business Observer.


Florida's Most Influential Business Leaders
Teri Hansen, an Air Force veteran, transformed the Gulf Coast Community Foundation into a regional philanthropic powerhouse that awarded more than $200 million in grants during her 13-year tenure.
Read More.

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Florida Trend Video Pick

Golden Beach, ‘a town like no other,’ has a beach like no other, and outsiders are not welcome
Golden Beach, ‘a town like no other,’ has a beach like no other, and outsiders are not welcome

Beach access is restricted in Golden Beach. Residents want the beaches to stay private, while neighboring cities complain that Golden Beach has used the coronavirus to further limit beach access.

Earlier Videos | Viewpoints@FloridaTrend

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