Friday's Afternoon Update
U.S. adds 257,000 jobs in January
U.S. employers hired steadily last month and workers’ wages picked up, suggesting the labor market is moving closer to full health more than five years after the recession. More at the Wall Street Journal, Bloomberg, and CNBC.
See also:
» Here's why we should be thrilled the unemployment rate is rising
» Don’t listen to anyone who says the unemployment rate is a “big lie”
TaxWatch analyzes Governor Scott's proposed budget
The latest Budget Watch Report from Florida TaxWatch analyzes and explains Governor Rick Scott's proposed $77 billion budget plan for FY 2015-16. The report highlights important spending issues and analyzes proposed tax cuts and cost savings recommendation, and shows how the budget will impact the general revenue fund. Read the full story.
Florida Blue examining whether members affected by Anthem hack
Florida Blue, the state's largest health insurer, released a statement about the hack against Anthem Inc., stating that while Florida Blue and Anthem are separate companies, "some information on Florida Blue members could have been affected." Florida Blue says they are monitoring the situation and will provide updated information as they learn more. Full statement: Florida Blue addresses Anthem hack
» Earlier: China suspected in major hacking of health insurer
Harris buying defense contractor Exelis in $4.4 deal
Communications and information technology company Harris is buying Exelis in a cash-and-stock deal valued at about $4.4 billion. The new company will have approximately 23,000 workers worldwide, including 9,000 engineers and scientists. More at the AP.
See also:
» Harris Corp. stock booms on deal to buy Exelis
New stores blend culture, commerce in Miami’s Design District
As construction in Miami’s Design District proceeds, luxury retailers have begun opening the doors to architecturally splendid boutiques that live up to the shopping area’s name. More at the Miami Herald.