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Friday's Daily Pulse

Is orange juice in jeopardy? Florida's citrus crop forecast hits historic low

Oranges have been big business in Florida – part of the state's identity and crucial to its economy. Over the years, however, citrus production has plummeted. Citrus greening is only part of the problem. Urbanization and consumer habits are other factors. Back in the day, orange juice used to be a bigger part of our mornings. Peak production came in 1997 with 244 million boxes. Citrus greening hit Florida a few years later; and with no cure in sight and consumption going down, it can be tough for growers to be optimistic about what is next. [Source: WTSP]

Business BeatBusiness Beat - Week of November 19th

Get top news-to-know with Florida Trend's headline-focused video newsbrief, hosted by digital content specialist Aimée Alexander.

DeSantis signs vaccine mandate bills into law as Florida challenges new rule

Wasting little time, Gov. Ron DeSantis signed into law four bills dealing with mask and vaccine mandates less than 12 hours after state lawmakers passed them mostly along party lines Wednesday night. Arguing for the rights of Floridians to not be vaccinated, DeSantis said he was signing the strongest legislation of its kind against a federal mandate on employer vaccine requirements. [Source: Tampa Bay Times]

Central Florida beach rated second most dangerous in America; 5 of top 10 in Florida

Aside from gorgeous sunrises and white-sand shores, Volusia County is also known as being home to one of the most dangerous beaches in America, according to recently released data. Shark fans might immediately conclude it’s New Smyrna Beach due to its infamy as the Shark Bite Capital of the World. However, a reader-supported online publication, Outforia, identified Daytona Beach as the second most dangerous beach in America. [Source: Orlando Sentinel]

What’s the best mall in South Florida?

Maybe you hung out at the mall as a teen. Maybe you’re heading to one right now as a grown-up ready to do some holiday shopping. Since the 1960s, indoor malls have been a thing in South Florida. Aventura, Swgrass Mills, Dadeland Dolphin, Westland, 163rd Street, Broward, Galleria and others have opened over the past 60 years. Some of them started as outdoor strip shopping centers before they were expanded and enclosed. All of them changed the way we shop. [Source: Miami Herald]

ALSO AROUND FLORIDA:

› It’s a bad time to buy used cars in Tampa Bay. Blame the supply chain.
When the pandemic struck, manufacturers in many industries slowed production as demand for products plummeted. Spending picked up in short order, but overseas factories and logistics companies couldn’t snap back to pre-pandemic pace — especially in regions struggling with COVID-19 outbreaks and labor scarcity. That led to supply shortages, backlogged orders and stocked cargo ships stuck offshore.

› United Arts gets ‘critical’ $500,000 from NEA
United Arts of Central Florida has been awarded $500,000 from the National Endowment for the Arts — money that will help the advocacy organization keep pace with and increase the diversity of Central Florida’s ever-growing arts scene. The award, the first NEA grant for the organization in at least 15 years, has additional significance than the sizeable amount: It makes United Arts eligible for future funding from the independent federal agency.

› This Boca Raton center helped kids for decades. Now foreclosure looms for the holidays.
The Wayne Barton Study Center, a nonprofit community center that helps underprivileged children in Boca Raton, is giving back to the community this holiday season with turkey giveaways — even as it faces a big money struggle. Despite its spree of philanthropy, you may not know that the organization is facing foreclosure on the study center, according to founder and CEO Wayne Barton. The foreclosure case, which pertains to the center’s mortgage, is pending, court records show.

› Pilot training academy combats industry shortage with $15M investment
When Paragon Flight Training first opened for business in 2006, its student population mostly consisted of people interested in becoming recreational pilots. But over the last four to five years, the Fort Myers-based flight school has seen a big shift toward students seeking to become professional or commercial airline pilots. The company, in turn, directed its focus there.

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› United Way Miami chief Maria Alonso stepping down after four years on the job
Maria C. Alonso, president and CEO of United Way Miami, on Tuesday morning announced that she is stepping down from her position after more than four years on the job. Alonso informed the nonprofit organization’s board of directors of her coming departure, the United Way Miami told the Miami Herald. As a search committee launches a national search, Board Member Joe Zubizarreta will takeover duties as interim CEO.  

› SeaWorld now running Black Friday deals
SeaWorld Orlando is offering Black Friday ticket deals, with discounts on annual passes, single-day tickets, dining plans and more. Purchases must be made by Nov. 26. Among the theme park’s offers: $35 off annual passes, which start at $135. There are three tiers of annual passes for the Orlando park.

› Tampa firm establishes five-year gift for accounting students 
A five-year gift to a local business college was a natural fit for one public accounting firm, which has been supporting the college through internships for several years. Kerkering, Barberio & Co., a firm in Tampa, established the gift to the University of South Florida Muma College of Business that will provide several components for the Lynn Pippenger School of Accountancy, including scholarships to students.

› Dream Finders Homes stock cools off after strong start to begin year
Dream Finders Homes Inc. started the year as a red-hot stock, with the price more than doubling after its January initial public offering. However, the stock has cooled off in recent weeks amid supply chain concerns for homebuilders, and Dream Finders’ third-quarter earnings report didn’t help. The Jacksonville-based company reported earnings Nov. 10 of 20 cents a share, well below the consensus forecast of 48 cents by analysts surveyed by Zacks Equity Research.