News from the South - Florida News Feed
Asian stocks mostly higher after Wall Street tech gains
SUMMARY: Asia markets mostly rose on Friday, buoyed by gains on Wall Street after strong earnings from Tesla, IBM, and Meta Platforms. Japan’s core inflation hit 2.5%, exceeding the central bank’s target, potentially leading to interest rate hikes, while the unemployment rate fell to 2.4%. The Nikkei 225 gained 0.1%, but South Korea’s Kospi dropped 1.4% due to tech sector declines, notably SK Hynix’s 9.9% loss. The S&P 500 rose 0.5%, led by Meta’s strong profit report, while Microsoft faced scrutiny over slower cloud growth. Oil prices increased, and the U.S. dollar strengthened against the yen.
The post Asian stocks mostly higher after Wall Street tech gains appeared first on www.news4jax.com
News from the South - Florida News Feed
Orlando Dreamers secure $1.5 billion in funding
SUMMARY: The Orlando Dreamers have secured nearly $1.5 billion in funding to pursue a Major League Baseball team, marking a significant step for the initiative. Co-founder Jim Schnorf announced that investors have provided preliminary commitments, signaling serious intent to bring baseball to Central Florida. This funding is separate from the $1 billion earmarked for a proposed stadium near SeaWorld. As the Tampa Bay Rays struggle with their current stadium situation, Dreamers are watching closely, confident that Orlando is a prime location for an MLB franchise, whether through relocation or expansion.

The Orlando Dreamers have secured nearly $1.5 billion in investor commitments to bring a Major League Baseball team to Central Florida.
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News from the South - Florida News Feed
Tax Cut Disagreement Threatens to Extend Florida’s Legislative Session
SUMMARY: As Florida’s legislative session nears its end, lawmakers are at an impasse over a tax cut package, with only seven days remaining. The main issue revolves around budget negotiations, specifically the details and extent of tax cuts. Both Senate President Ben Albritton and House Speaker Danny Perez acknowledge philosophical differences in their approaches. The House proposed a cut to the sales tax while concerns arose about reallocating tourism funds. Governor Ron DeSantis favors property tax reductions. Despite tensions, leaders are hopeful for an agreement before the new budget deadline of July 1.
The post Tax Cut Disagreement Threatens to Extend Florida’s Legislative Session appeared first on www.abcactionnews.com
News from the South - Florida News Feed
Florida woman accused of setting fires during burn ban
SUMMARY: A Florida woman, Amanda Clark, was arrested for allegedly starting multiple fires during a burn ban. While the Forest Service was working to contain an existing fire near Oberry Hoover Drive, a worker witnessed Clark igniting new flames and instructed her to stop, but she continued. A nearby resident called 911 after seeing heavy smoke. Concerns grew in Palm Bay as additional fires emerged, prompting police to monitor the area. Assistant Fire Chief John Ringleb noted that multiple smoke columns appeared too dispersed to be linked. Palm Bay has since implemented a burn ban and plans to enforce it.

A woman was arrested Wednesday in Orange County for allegedly setting multiple fires during an active burn ban, according to deputies. Forestry officials say they witnessed Amanda Clark starting fires near a residence and recorded video evidence before she was taken into custody. She was booked into the Orange County Jail on charges of unlawful land burning, with bond set at $2,500. Her initial court appearance is scheduled for Thursday afternoon.
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FOX 35 Orlando delivers breaking news, live events and press conferences, investigations, politics, entertainment, business news and local news stories and updates from Orlando, Orlando metro, and across Florida.
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Central Florida’s True Crime Files: https://www.youtube.com/watch?v=QAxwHLIeahA&list=PLzmRitN2dDZvk9zWypuHs9n38zuwnUSpx
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