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Thursday's Afternoon Update
What you need to know about Florida today
The space industry is heading for consolidation
The space industry is heading toward a period of consolidation that could shake up the space economy in the short term but create a leaner, more nimble industry in the process. In the last few years, new funding emerged from flush investors and was up for grabs for a range of startups, from those with relatively unproven ideas to more well-established companies. Now, funding streams are narrowing and favoring those with proven business models. More from Axios.
Hurricane center predicts tropical system to form in far Atlantic
The National Hurricane Center expects a tropical wave to soon form off the coast of Africa in the far eastern Atlantic with a chance it could form into the season’s next tropical depression or storm. In the NHC’s 8 a.m. Thursday tropical outlook, forecasters show the system moving across the Atlantic and parked off the Leeward Islands headed into the Caribbean by next week. More from the Orlando Sentinel.
PortMiami lures sea-rail freight deals with Mexico
PortMiami and Grupo Mexico Transportes, which acquired Florida East Coast (FEC) Railway, were hosting 120 Mexican companies and government officials at Terminal E this week to promote PortMiami as a preferred gateway for Mexican products, said a PortMiami spokesperson. “We believe these efforts will make the new USMCA Highway a rail/water/rail route to avoid congestion and truck idling that products headed to Florida currently experience at the land border, since 97% of all Mexican cargo coming into Florida arrives through the border,” said the spokesperson. More from Miami Today.
Jacksonville firm may fall off Fortune 500 list
Jacksonville can continue to boast of being home to four Fortune 500 companies this year. However, three of the four companies are facing significant revenue declines, and one of them appears likely to drop out of next year’s list because of it. CSX Corp., Fidelity National Information Services Inc. (FIS), Fidelity National Financial Inc. and Landstar System Inc. were all included for the second straight year on Fortune magazine’s list of largest U.S. companies. More from the Jacksonville Daily Record.
Pinellas workforce agency names CEO
CareerSource Pinellas interim CEO Steven Meier has been appointed to the position on an official basis. The move was voted on by Pinellas County commissioners, according to a statement. Meier was previously the CFO at the county’s workforce development agency, and has been interim CEO since February 2022. More from the Business Obsserver.
Entertainment
‘Green light yourself.’ Miami film festival promotes up-and-coming Black filmmakers
When Jeff Friday first attended Sundance Film Festival in 1997, he immediately noticed a lack of diversity. So Friday decided to create the opportunity and in mid-1997, the American Black Film Festival was born. Now in its 27th year, the festival’s mission to discover and prepare the next generation of Black and brown filmmakers is as strong as ever.
» More from the Miami Herald.
Out of the Box
Orlando Science Center: ‘Dogs!’ exhibit barks up right tree
A recently installed exhibit at Orlando Science Center addresses several burning questions, including “Are you faster than a chihuahua?” and “Is this slobbery ball yours?” “Dogs! A Science Tail” explores what makes canines tick and their relationships with humans on scientific terms. It gets into DNA but also into everyday occurrences such as the zoomies or, as the display calls them, “frenetic random activity periods.”
» Read more from the Orlando Sentinel.
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