May 28, 2020

Tuesday's Afternoon Update

What you need to know about Florida today

| 10/8/2019

Timber loss still a strain on Florida's panhandle a year after Michael

Following Hurricane Michael’s destructive path through Florida’s panhandle, headlines painted a grim future for timber, a major industry in the region. The losses were huge – valued at $1.3 billion. Yet not all was lost, as some lumber and paper mills in the region are still going strong. More from WUSF.

Carnival unveils design for its new Terminal F at PortMiami coming in 2022

Now every cruise company wants a glassy ship terminal at PortMiami, and Carnival Corporation is no exception. The Miami-based cruise company unveiled planned designs for its renovation and expansion of Terminal F as Miami-Dade commissioners voted to approve the $195 million terminal deal last month. Carnival’s new Terminal F will be designed by local firm Berenblum Busch Architects. More from the Miami Herald.

State orders Florida Specialty Insurance Co. to liquidate

State regulators ordered Sarasota-based homeowners insurance company Florida Specialty Insurance Co. to liquidate last week after it failed to keep the required amount of assets and continued to write policies after executives knew the company was insolvent. More from the Tampa Bay Times.

New study shows Florida panther breeding program helped rescue endangered state animal

A new study shows that a breeding program that paired endangered Florida panthers with Texas pumas likely has helped save the official state animal from extinction. The study shows that genetic diversity in offspring from the Florida panthers and Texas pumas has tripled, alleviating the threat of physical defects related to genetic inbreeding. More from WGCU.

Florida’s Democratic Convention draws zero presidential candidates

Florida Democrats want to energize the party base and defeat President Donald Trump in 2020, yet for the second time this year the state party will hold a major gathering without presidential candidates taking part. More from the Tampa Bay Times.

Business Profile

 CAE USA, one of the leading training and simulation companies in the defense market, plans to build a nearly 300,000 square foot headquarters in Tampa, a project that company officials say will lead to at least 100 new jobs. The new facility, on Tampa International Airport property and expected to be completed in 2022, will be leased to the company from Space Florida, according to a statement.

» More from the Business Observer.


Trend Mention

Mention ImageFlorida Chamber's Future of Florida Forum

Attend the Florida Chamber Foundation’s 2019 Future of Florida Forum – two days of thought provoking discussions on Florida’s next strategic plan – Florida 2030. Join top business leaders, industry experts and elected officials as we work to take Florida from the 17th largest economy to the 10th largest economy on the planet. Register today and be part of securing Florida’s future on October 28-29 in Orlando. Register today!

Florida's Most Influential Business Leaders
Eric Eikenberg is CEO of The Everglades Foundation. The foundation works to protect and restore the Everglades through advocacy and education. “In addition to providing the water supply for over 8 million Floridians, it (Everglades) propels much of the economy” of Florida, Eikenberg says.
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Florida Trend Video Pick

Mega pantries already operate in Hillsborough and Pinellas counties, serving an average of almost 4,000 people every week.
Mega pantries already operate in Hillsborough and Pinellas counties, serving an average of almost 4,000 people every week.

Feeding Tampa Bay opened the new drive-through food bank — dubbed a mega-pantry — in Manatee County in response to an all-time high demand for meals and groceries from local food banks.

Earlier Videos | Viewpoints@FloridaTrend

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