April 15, 2024

Thursday's Afternoon Update

What you need to know about Florida today

| 8/5/2021

Newcomers with big budgets are driving up rents in Florida

People moving to Florida from other parts of the country are arriving with bigger budgets, pushing up prices in an already tight rental market, a new report concludes. The monthly budgets of out-of-town movers are almost $300 higher than the budgets of in-town movers, according to a report from Apartment List, an online marketplace for apartment listings. Apartment hunters are getting wealthier, and the shortage of houses to buy is keeping them in rentals longer, the report said. More from the South Florida Sun-Sentinel.

Two tropical waves moving west, hurricane center continues monitoring

A new tropical wave emerged Thursday morning with 60% odds of becoming the next tropical depression or storm by early next week. Meanwhile, the National Hurricane Center is watching a second tropical wave in the mid-Atlantic. If either system develops, the first one to do so will be the sixth named storm of the season and don the moniker of Fred. If they both develop, the slower will be named Grace. More from the Orlando Sentinel.

Dun & Bradstreet CEO says Jacksonville a strategic location to 'innovate and grow'

Dun & Bradstreet Holdings Inc. reported a slight increase in revenue and flat earnings for the second quarter. Of course, the business data firm’s big news in the second quarter was its May 20 announcement that it is moving its corporate headquarters to Jacksonville. “We look to leverage this strategic location to help us to continue to innovate and grow, as well as benefit from substantial state and local financial incentives that made this move an easy one,” CEO Anthony Jabbour said in Dun & Bradstreet’s Aug. 3 conference call with analysts. More from the Jacksonville Daily Record.

Carnival Cruise Line shifts policy to require masks, antigen tests for all

Carnival Cruise Line announced it was shifting two COVID-19 policies this month, one that will require more mask wearing and another that will ask all passengers for a negative antigen test before boarding. The mask policy, which goes into effect on Aug. 7, calls for all passengers, whether vaccinated or not, to wear a mask while on board in interior spaces aboard its ships. More from the Orlando Sentinel.

The new CEO of Tampa Electric Co. envisions a greener Tampa Bay

Archie Collins has big plans to make Tampa Bay a greener and more sustainable place. As the new president and CEO of Tampa Electric Co., he’s committed to driving down the company’s greenhouse gas emissions and investing more in solar energy going forward. Originally from Cape Breton, Nova Scotia, Collins was the chief executive of Grand Bahama Power Co. and chief operating officer of Emera Caribbean before becoming chief operating officer of Tampa Electric. More from the Tampa Bay Times.

Entertainment 
Halloween Horror Nights: Universal now selling Frequent Fear passes

 Multiple-night tickets for the 2021 edition of Halloween Horror Nights have been posted on Universal Orlando’s website, including express passes and the all-you-can-scream Ultimate Frequent Fear Pass. Previously, only single-night tickets had been on sale for this year’s event, which begins Sept. 3.

» More from the Orlando Sentinel.

 

Business Profile
Naples Soap Co.

floridaThe hot public markets smell lovely to skin and hair care entrepreneur Deanna Wallin. So lovely she’s positioning her business, Naples Soap Co., to capitalize on the investor demand for growth companies. Naples Soap Co. recently executed on a reverse merger and its shares, under the company GNS Group Inc., debuted on the over-the-counter markets June 30 — trading under the symbol GNSG.

» Read more from the Business Observer.

Tags: Daily Pulse, Afternoon Pulse

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Commercial rent tax cut coming sooner than expected
Commercial rent tax cut coming sooner than expected

Worldwide cruise rebound; Home insurance costs stabilizing; Inflation on the rise; Commercial lease tax drop; Florida Icon.

 

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