Monday's Afternoon Update
What you need to know about Florida today
As the eviction moratorium expires, Florida renters are left vulnerable
Many renters, unable to pay rent during the COVID-19 pandemic, could be forced from their homes soon. A federal moratorium on evictions will expire at the end of the month, giving landlords the ability to boot tenants for first time in over a year. Many renters will become vulnerable to homelessness or forced to seek scarce affordable housing, according to housing advocates and nonprofit organizations. More from the South Florida Sun-Sentinel.
DeSantis signs Florida Wildlife Corridor Act, for ‘protecting our lands for future generations’
Florida Gov. Ron DeSantis was in Poinciana Monday morning to officially sign the Florida Wildlife Corridor Act into law. The broadly bipartisan, unanimously approved bill is considered a big step to preserving Florida’s natural beauty for future generations. More from WFLA.
AutoNation tops earnings estimates, expects new vehicle demand to stay strong
AutoNation Inc said it expects strong demand for new vehicles to continue into next year, as low-interest rates and consumer preference for personal vehicles in the pandemic helped the top U.S. auto retailer trounce quarterly earnings estimates. The company said on Monday sales of new and used vehicles surged 42% and 37%, respectively, in the second quarter. "Consumers are buying vehicles before they even arrive at our stores. We expect the current environment of demand exceeding supply to continue into 2022," Chief Executive Officer Mike Jackson said. More from the Reuters.
Legendary Tampa bakery expands — again
La Segunda Bakery & Café, the classic Ybor City shop serving customers since Woodrow Wilson was president and a Boston Red Sox pitcher named Babe Ruth hit his first career home run, is opening in St. Petersburg. Yes, the 106-year-old shop is finally making the 25.2 mile trek across the Howard Frankland Bridge to new digs. The location, at 2436 4th St. N., is scheduled to open late fall. More from the Business Observer.
The old is new at Boca Raton Resort and Club — including its name
It’s no longer the Boca Raton Resort and Club. The luxurious and historic retreat is changing its name back to one it used for decades: The Boca Raton. The change is part of almost $175 million in planned renovations starting next winter. Among them: the resort will provide five different hotels, new restaurants (opening between the summer and winter), a new pool club, a redesigned spa and a number of entertainment offerings. More from the South Florida Sun-Sentinel.
Out of the Box
Music man in the boardroom
Johnny Crowder has a day job. At least that’s what some people will say. Others will say that Johnny Crowder has a night job. First, there’s Johnny Crowder the 28-year-old tech entrepreneur, CEO and founder of Tampa-based Cope Notes, a text service that offers daily mental health support digitally to nearly 20,000 subscribers in 94 countries. Then there’s Johnny Crowder the lead singer of the heavy metal band Prison.
» More from the Business Observer.
Florida Trend Exclusive
Profiles in Law
As an attorney, Jaret Davis practices corporate and securities law, specializing in mergers and acquisitions, capital-market transactions and large financings. His clients include information technology and life sciences companies, angel investors and venture capital firms. He is a co-founder of eMerge Americas, an annual global technology conference in Miami Beach, and a former chairman of the Beacon Council, Miami-Dade County’s economic development organization. He currently chairs the board at Nicklaus Children’s Hospital in Miami.
» Read more from Florida Trend.
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