May 22, 2024

Tuesday's Afternoon Update

What you need to know about Florida today

| 4/23/2024

Florida’s women college graduates among most economically challenged in U.S.

Florida women graduating from college have some of the toughest financial challenges in the U.S. when it comes to finding affordable housing after they get their degrees. The new study released this month shows that Florida is the fourth-most expensive state in the country for women getting their degrees. The study used U.S. Census Bureau data to determine factors such as annual median rent for a one-bedroom apartment, average salary and proportion of the graduate’s salary spent on rent. More from Florida Politics.

Sarasota biotech company noncompliant with NYSE listing standards

A Sarasota biotech company received notice from the New York Stock Exchange this week that it is out of compliance with the organization’s listing standards. Oragenics is not in compliance with the NYSE requirements that stockholders’ equity total at least $4 million if the company has reported losses from continuing operations and/or net losses in three of its four most recent fiscal years and $6 million in its five most recent fiscal years, according to a statement. More from the Business Observer.

TIME magazine names Gainesville author among 2024's most influential people

Gainesville author Lauren Groff, a three-time National Book Award finalist, was named to TIME magazine's list of the 100 most influential people in 2024. TIME writer Ann Patchett, while noting Groff's award-winning novels "Fates & Furies", "Florida" and "Matrix", also recognized the importance of Groff's decision to open a bookstore with her husband, Clay Kallman, in downtown Gainesville. More from the Gainesville Sun.

Orlando backs incentive for entertainment district next to Kia Center

Orlando leaders Monday unanimously backed an incentive package for a massive development planned to rise next to the Kia Center downtown, bringing apartments, hotel, retail and space for business meetings on land of the former city police headquarters. The incentive deal includes $2.5 million from the Community Redevelopment Agency to fund the construction of meeting space – which officials have longed to add to downtown’s offerings for years – as well as repaying up to $40 million in property taxes over about a decade. More from the Orlando Sentinel.

Larry Robbins is the latest billionaire to move to South Florida

Billionaire New York hedge fund founder and CEO Larry Robbins is the latest ultra high-net worth business executive to move to South Florida. The founder of Glenview Capital Management is moving his family to Palm Beach Gardens while their home in Martin County's Hobe Sound is being built. Glenview Capital and its more than 53 employees will remain in New York, where the firm manages $2.3 billion in assets. More from the South Florida Business Journal.

Out of the Box
An entirely solar-powered vinyl factory opens in Florida

A new vinyl factory opened Monday, April 22 in Gainesville, Fla., is entirely powered by solar energy. Opening amid the global celebration of Earth Day, the facility also features a flurry of other sustainability-related initiatives along the vinyl production and distribution processes.

» More from Billboard.


Running the railroad

By the time she was 12, Kelly Cullen knew what she wanted to do: “I wanted to help people.” Since she was 8, she had been helping her beloved Aunt Claire, a nurse, take care of Cullen’s grandmother who was paralyzed by a stroke. From the start, Cullen fell in love with nursing: “I credit it for not just where I’ve come professionally, but who I’ve become as a person.”

» Read more from Florida Today.

Tags: Daily Pulse, Afternoon Pulse

In case you missed it:

Florida Trend Video Pick

Marion County leaders celebrate big boost in tourist revenue
Marion County leaders celebrate big boost in tourist revenue

Tourism leaders are celebrating a big win as Marion County has seen a record-breaking couple of months when it comes to tourist development tax revenue.


Video Picks | Viewpoints@FloridaTrend

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