Thursday's Daily Pulse
What you need to know about Florida today
Florida Senate takes aim at 20-minute recess rule, high-stakes exams
The package of three bills, which aim to deregulate Florida’s public schools, got a first favorable vote from the Senate’s education committee Wednesday. They were prompted by legislation (HB 1) passed in the spring that made all school children eligible for private school vouchers and also required the state to consider ways to reduce the bureaucracy imposed on public schools. [Source: South Florida SunSentinel]
South Florida braces for ongoing rain rounds; advisories and closures remain in effect
South Florida faced a relentless storm, unleashing heavy rain, thunderstorms, and whipping winds throughout Wednesday. The aftermath reveals a region grappling with the impact of widespread flooding and record-breaking gusts. The widespread flooding has left many cars stranded across Miami-Dade County and Broward County. [Source: WSVN]
Scientists find ethyl vanillin in a specially-bred strawberry
Finding ethyl vanillin in a strawberry may prove valuable for the flavor and food industries in the quest of offering consumers more natural flavors, said Yu Wang, an associate professor of food science and human nutrition at the UF/IFAS Citrus Research and Education Center. Vanilla beans contain the character-impact compound vanillin, which imparts vanilla flavor. Ethyl vanillin provides an even more powerful vanilla-like flavor. It is synthesized in labs and is one of the most widely used artificial flavors in the food, beverage, food supplements and pharmaceutical industries. [Source: Phys.org]
Plan targets 'perfect storm' in prisons
Leaking roofs, corroded doors, broken windows and crumbling stucco were among the facility problems identified in the report by the consulting firm KPMG, which spent a year developing a “master plan” for the state corrections system. Florida is facing “a bit of a perfect storm,” Jeff Goodale, a subcontractor who worked on the report, told the Senate Criminal and Civil Justice Appropriations Committee on Wednesday. [Source: News Service of Florida]
Florida cuts its workers comp rate
The state Office of Insurance Regulation said Monday it has approved an overall 15.1% rate decrease, which will take effect in January. That matches a 15.1% decrease requested in August by the National Council on Compensation Insurance, or NCCI, which makes rate filings for the industry. The NCCI filing said it was based on claims experience in the 2020 and 2021 policy years. [Source: Orlando Business Journal]
ALSO AROUND FLORIDA:
› Pinellas County reports record year for tourism in 2023
Tourism is the biggest economic driver in the Tampa Bay Area, and tourists recently broke records in Pinellas County. According to Visit St. Pete Clearwater’s President and CEO Brian Lowack, more than $98 million in bed tax was collected for the fiscal year 2023, from Oct. 1, 2022, to Sept. 30, 2023. That’s the most in Pinellas County tourism history.
› After mass layoffs, pharma company considers another merger or sale
TherapeuticsMD could consider another merger or sale nearly a year after terminating its entire staff. On Nov. 14 the pharmaceutical royalties firm revealed it is considering a variety of "strategic alternatives," including a possible merger, business combination or sale of assets. The Boca Raton company was a developer of pharmaceutical drugs specifically for women, including birth control and medications that treat symptoms of menopause, until it sold off the commercialization rights of its products for $153 million.
› Florida Poly students build solar race car from scratch
Students are putting what they learned in the classroom to the test while working to build a solar race car for a competition next spring. Ten years ago, the campus was just starting to take shape. That signature building you see off of Interstate 4 while driving through Polk County is the Innovation, Science and Technology Building at Florida Polytechnic.
› Top exec on how to recruit large employers to Florida despite limited incentives
Mel Meléndez recently spoke with Rodrick Miller, president and CEO of the Miami-Dade Beacon Council, for the latest segment of the Florida Business Minds podcast.
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