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Monday's Afternoon Update
What you need to know about Florida today
Remote work is losing its luster, and Florida employers are calling people back to the office
After months of keeping employees at home to dodge COVID-19, companies in Florida are concluding that the best place for most of their workers is back at the office. The pandemic proved that people don’t need to sit in the office full time, but many Florida employers are bring people back on at least flexible schedules, shattering the illusion of a workplace revolution that leaves most people signing on from home. More from the South Florida Sun-Sentinel.
Next tropical depression or storm likely to form north of Florida sometime today
A disturbance north of Florida is likely to become the fourth tropical depression or named storm of the 2021 season, according to the National Hurricane Center. The disturbance not far from Florida is a “well-defined” low-pressure system and is 190 miles east-southeast of Hilton Head, South Carolina, the NHC said in its 8 a.m. updates. The disturbance is associated with showers and thunderstorm activity but remains disorganized. More from the Orlando Sentinel.
L3Harris Technologies jumps to No. 163 on Fortune 500 rankings of largest U.S. companies
Melbourne-based L3Harris Technologies Inc. has jumped to No. 163 on the just-released Fortune 500 list of the largest U.S. companies, which is based on 2020 revenue. Last year, L3Harris — the only Brevard County-based company on the list — was ranked No. 250, based on 2019 revenue. Fortune magazine listed L3Harris' 2020 revenue as $18.19 billion, up 41.5% from 2019. More from Florida Today.
Adieu, SkyRise Miami. Developer cancels plans to build 1,000-foot observation tower
Forget about Miami having one of the country’s tallest observation decks any time soon. SkyRise Miami, a 1,000-foot-tall vertical amusement park planned for downtown near Bayfront Park, survived a decade of legal challenges, political opposition and rising construction costs. But the pandemic finally felled the innovative and controversial project, said developer Jeffrey Berkowitz. More from the Miami Herald.
Red Tide is killing fish. Are Tampa Bay’s birds in danger?
A patchy Red Tide bloom is drifting through the gulf and Tampa Bay. Dead fish — grunt, mullet, pinfish, trout and others — have been reported from Port Manatee to Honeymoon Island. The suspected culprit is toxic algae. “The big concern is what are the parents feeding the chicks?” said Holley Short, the Tampa Bay area shorebird project manager for Audubon Florida. More from the Tampa Bay Times.
Profile
Meet the Tampa student who wants to simplify investing
Dhruv Krishnan devoted late nights in 9th and 10th grade to creating a stock market algorithm, or a series of instructions that tell a computer how to complete a specific task. He wrote it in the hopes of maximizing return on investment for people the market leaves behind. Think graduates with student loan debt they’re toiling to pay off or Indian hospitals struggling with resources during the COVID-19 pandemic. Many people lack the time or financial knowledge to navigate stocks, he said. The algorithm simplifies the process for them.
» More from the Tampa Bay Times.
Florida Trend Exclusive
At 29, he's built an order fulfillment business that employs 1,000
Czech immigrant Jan Bednar graduated from Florida Atlantic University, where he launched an international packing service that shipped U.S. products overseas. He later morphed this earlier business into ShipMonk. ShipMonk's investment in automation - including box-making robots - allowed it to process 3,000 orders an hour during the 2020 holiday season.
» Read more from Florida Trend.
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