Florida Trend | Florida's Business Authority

Tuesday's Afternoon Update

Making the grade: The latest Florida bar exam results are in

For the second year in a row, less than half of those who took Florida's online-only bar exam now can move on to become attorneys, according to results released Monday by the Florida Board of Bar Examiners. Of the 3,343 who sat for the July 27-28 test, 1,483 people passed — or 44.4%. That's down from 47.4% passing who took last year's summer exam, which was postponed to October because of the coronavirus pandemic. But counting only those taking the exam for the first time, nearly 72 percent passed. More from the Tallahassee Democrat.

Tropical storms Peter, Rose remain while 2 other systems see odds of development increase

Tropical storms Peter and Rose continue to dance out in the Atlantic while the National Hurricane Center ups the odds of a developing tropical wave farther east. Tropical storms Peter and Rose formed on Sunday and continued to maintain strength despite the threat of wind shear tearing them apart on Monday. So far, the 2021 Atlantic hurricane season with 16 named systems is the third most active behind 2021′s record year and 2005. More from the Orlando Sentinel.

Senate kicks off redistricting process

Senate Reapportionment Chairman Ray Rodrigues said Monday he wants the Florida Legislature to avoid the “shadow process” that occurred in 2012 when lawmakers drew new political district lines that were rejected by the Florida Supreme Court. The Estero Republican said changes have been implemented to avoid another battle with the court and that the public will be able to provide input on how congressional and legislative lines should be shifted. More from the News Service of Florida.

South Korean tech magnate proposes $1.2 billion town center for Osceola’s Neocity

South Korean tech billionaire Young-hwa Song will pay Osceola County $14.125 million for 25 acres in the county’s Neocity technology district and pledges to deliver a $1.2 billion mixed-use town center, according to the terms of an exclusive negotiating agreement unanimously approved by commissioners Monday. More from the Orlando Sentinel.

Financial scene grows in Brickell with arrival of two new firms

Brickell continues to attract new office tenants — and one expert says it’s just the beginning. The Manhattan-based financial adviser firm Legend Advance Funding and the Madrid-based renewable energy investment company Matrix Renewables signed office leases in Brickell, according to Colliers Director Tyler de la Peña. Colliers oversees office leasing activity for Gatsby Enterprises, the landlord, at the 14-story 800 Brickell — the building where both firms signed leases. More from the Miami Herald.

Estate planning: Preparation & peace of mind

Today’s professionals, ranging from those working their way from their first job out of college to those approaching retirement following a successful career, all share a common need: life and estate plans. Few want to ponder their own mortality. And as unlikely or unseemly as it may be, if you were to pass or suffer permanent mental incapacitation, estate planning early on not only enables your loved ones to assist you during any period of incapacity, but also lists your assets and makes clear your wishes about who will benefit from and control your assets. [Sponsored report]

Tech Trends
UF researchers hope to make solar more useful during long power outages

 A research team at the University of Florida has developed a system that can provide solar energy for homes during prolonged power outages. The Intelligent Control System is powered by rooftop solar energy and a battery but uses artificial intelligence to decrease the cost of keeping essential home appliances or devices running. By using “smart technology,” the system determines how much power and which appliances receive energy.

» More from Florida Trend.


In Memoriam
St. Petersburg banker shattered every glass ceiling she hit

floridaOn May 4, 1980, the St. Petersburg Times published a story that started this way: “Jean Giles Wittner may be the most successful self-made businesswoman in Florida.” “Sure, there are women who run large businesses, make big salaries, control great wealth — and do it admirably,” the Times wrote, “but almost all got the opportunity to show what they could do by being the daughter or wife of an important man, or sometimes by shrewd investment of inherited wealth. But the woman known as Jean Giles is truly the Cinderella of Florida Business."

» Read more from the Tampa Bay Times.