More Floridians are turning to 'Buy Now, Pay Later' plans to cover grocery costs
A family of four with two kids in Florida has to budget over $1,500 a month, on average, to afford food. In most cases, food is the largest expense for households behind only rent. A recent survey of Floridians found that 39% of families used 'Buy Now, Pay Later' apps, like Klarna or Afterpay, to split the cost of food into installments. The nonprofit No Kid Hungry surveyed over 1,000 Florida adults who answered a multiple-choice poll via text. More from WLRN.
From food to fan zones, South Florida businesses embrace World Cup fever
From arenas to clubs, businesses across Broward and Miami-Dade counties are finding creative ways to celebrate the world’s biggest sporting event. With special watch parties for matchups like Brazil vs. Scotland and Colombia vs. Portugal, along with cocktails designed to celebrate the pursuit of gold, venues are embracing the excitement of the competition. More from WPLG.
Pittsburgh developer makes big bet on Tampa-Fort Myers corridor
NAI Burns Scalo has acquired a Southwest Florida commercial real estate firm as the Pittsburgh company expands beyond brokerage and positions itself to invest more heavily in development projects across Florida. The company said this week that it acquired Fort Myers-based Commercial Property Southwest Florida, a longtime Cushman & Wakefield affiliate founded by industry veteran Gary Tasman. Terms of the transaction were not disclosed. More from Tampa Bay Business & Wealth.
In Orlando, 10th anniversary of Pulse brings events
Friday is the 10th anniversary of the Orlando Pulse nightclub massacre. The community is coming together to remember the tragedy and honor the 49 victims. All over Orlando, local businesses, churches, nonprofits, and the city are hosting special events and fundraisers to support LGBTQ causes. There are also quiet gatherings for the community. More from Florida Politics.
BAE Systems lays off nearly 200 Jacksonville workers
The cuts represent close to a quarter of the company’s Jacksonville workforce of 900 employees. BAE Systems performs ship repairs, maintenance, and overhaul work for the U.S. Navy, the cruise industry, and others. In a statement, Senior Communications Manager Laura Clifford said the company decided to scale back its local headcount to match the expected workload. More from the Jacksonville Daily Record.
Business Beat - Week of June 12th
Get top news-to-know with Florida Trend's headline-focused video newsbrief, hosted by associate editor Brian Hartz.
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Around the state: Miami-Dade
Natalia Crujeiras is CEO and executive director of Museum of Miami, which is hosting a National Archives documents exhibition June 20 to July 5. It includes one of 50 known engraved copies of the Declaration of Independence, a draft print of the U.S. Constitution and oaths of office signed by George Washington, Alexander Hamilton and Aaron Burr.
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