Business news

The Minnesota-based American Public Media Group is still not commenting on reports that it will sell the three local radio stations that make up Classical South Florida - those include WKCP in Miami and WPBI in Palm Beach County. The trade publication “Current” reported the stations will sell to a religious broadcasting company from California. The sale - and how the sale happened - is making waves in South Florida.

Big Sugar Summit

Jun 17, 2015
Geoffrey Wiseman via Flickr

The Sierra Club will hold a day-long Summit on Big Sugar June 20 in West Palm Beach. Ahead of the summit, we’ll take a closer look at the history and growth of Florida’s $500 million a year sugar industry. We’ll also explore the industry’s impact on the health of Floridians and the Everglades Ecosystem through nutrient-laden runoff, the regular burning of cane fields, and the altered natural flow of water south from Lake Okeechobee through the glades. We’ll also explore opportunities state lawmakers could take to boost Everglades restoration efforts through the purchase of sugar land as well as the sugar industry’s political influence. 

Britt Reints via Flickr Creative Commons

Overcoming the bacterial disease, citrus greening, remains the citrus industry’s most pressing challenge, but there’s growing optimism among growers in Southwest Florida.  That was the main message from the Gulf Citrus Growers Association’s 29th annual meeting in Immokalee June 3.

 Humana shares soared well beyond all-time high prices Friday afternoon on speculation that the company, one of the nation's biggest health insurers and Florida's largest Medicare HMO company, might be up for sale.

Analysts have been discussing for a few weeks the possibility that large health insurers flush with cash may be hunting for a big acquisition. Deal-friendly low interest rates and expectations for another wave of consolidation also are fueling the speculation.

Film Industry Leaders Push For Incentives

May 26, 2015
Till Krech via Flickr

Film industry leaders are making another push to get an incentives deal through the Florida legislature. They’re banking on its inclusion in a tax package when lawmakers return to Tallahassee for a special session next week.

Film incentives bills - designed to lure production to Florida - died in the House and Senate when the regular session ended early. But Representative Mike Miller, who sponsored the House Bill, says there’s still hope.

“What is still alive is the incentives program through the tax package that has been presented in the call by the speaker of the house and the senate president”, said Miller.

Miller says the current incentives program - which ran out of money - would be extended by one year. He says lawmakers first have to settle major issues like healthcare.