Good Morning! On this day in 2004, drugstore chain owner Jack Eckerd died at 91. One of Florida’s best-known names for decades, Eckerd sold the chain in 1986, and its locations have been rebranded as Rite Aid and CVS stores.
After a near-record-hot weekend, we can expect more of the same today. Relief may be on the way by Thursday.
Today’s sponsor is Mode Mobile, offering a pre-IPO investment opportunity for The Flyover readers.
Daytona Beach 🌤️ 91/73° | Ft. Myers 🌤️ 93/74° | Jacksonville 🌤️ 97/72° | Key West 🌤️ 85/80° | Miami 🌤️ 88/78° | Ocala 🌤️ 95/69° | Orlando 🌤️ 97/75° | Pensacola 🌤️ 85/76° | Port St. Lucie 🌤️ 93/74° | Tallahassee 🌤️ 94/69° | Tampa 🌤️ 93/75°
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Governor to Veto ‘Free Kill’ Reversal
Gov. Ron DeSantis said he will veto a bill that would reverse the state’s 35-year-old “free kill” law that blocks adult children over 25 and their parents from suing for pain and suffering due to wrongful deaths caused by medical malpractice.
The governor said he is killing the measure to stop “jackpot justice,” arguing that ending the law would cause malpractice insurance premiums to skyrocket.
DeSantis noted that when Gov. Lawton Chiles signed the bill into law in 1990, Florida had a “massive malpractice insurance crisis,” and premiums are still high despite protections for doctors.
The House and Senate could override the veto with a two-thirds vote.
NRA Looks to Overturn Florida Law
The National Rifle Association (NRA) asked the U.S. Supreme Court to hear its challenge to Florida’s ban on firearm purchases by adults under 21.
The 11th U.S. Circuit Court of Appeals denied the NRA’s legal challenge in March, two years after a three-judge panel similarly ruled against the organization.
The NRA’s Petition for certiorari asks the Supreme Court to review a split among federal circuit courts over whether adults under 21 have Second Amendment rights.
The Florida Legislature passed and then-Gov. Rick Scott signed the law shortly after the mass shooting in Parkland that killed 17 people. Florida Attorney General James Uthmeier said his office would not defend the law if the NRA filed an appeal with the high court.
Orange County Medical Debts Erased
Over 310,000 Orange County residents with medical debts have been granted a “no-strings-attached gift,” according to a national nonprofit that partnered with the county to forgive bills totaling about $472.5 million.
Community advocates appealed to county commissioners several times during the last 18 months to help citizens with medical debt by using leftover funds from the American Rescue Plan Act (ARPA) of 2021.
Orange County received $270.7 million in ARPA funding and used $3 million from the program’s budget to erase residents’ debt, which was then leveraged by the nonprofit organization Undue Medical Debt for pennies on the dollar.
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Motorola, Nokia, Apple… This Smartphone Innovator?
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But for years, the innovations dried up. Until Mode Mobile.
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➤Broward and Palm Beach County: FDOT is installing smart Wrong Way signs on 23 I-95 exit ramps between now and Tuesday, with a construction cost of $5,626,065. (More)
➤ Statewide: The 2025 Lionfish Challenge kicks off May 24 and runs through Sept. 14 to encourage and reward recreational and commercial divers to remove invasive lionfish from Florida waters. (More)
➤Meanwhile, agriculture officials are urging veterinarians, livestock producers, and animal health professionals to be on alert for signs of screwworm infestation. The parasite is not yet in Florida, but it is impacting Mexican agricultural facilities. (More)
➤Jacksonville: FIVE, a live-music venue in the former Sun-Ray Cinema building, is set to open its doors in the city’s historic Five Points area Tuesday following months of delays. (More)
➤Daytona Beach:Businesses in Volusia County saw a sales boost this weekend thanks to Welcome to Rockville, North America’s largest rock festival, which brought over 200,000 people to the area. (Watch Video)
➤ Osceola County:Leesburg was named the third fastest-growing city in the country according to the U.S. Census Bureau’s 2024 population estimates. (More)
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➤ The Florida Panthers won Game 7 last night 6-1 in their second-round series against the Toronto Maple Leafs. The Panthers now advance to the Eastern Conference Finals against the Carolina Hurricanes. (More)
➤ The Sunshine State started the weekend with six teams in the NCAA softball tournament. Only Florida and Florida State remain, both advancing to the Super Regionals round of 16 next weekend. (Bracket)
➤Florida State baseball earned the No. 2 seed and a double-bye in this year’s ACC tournament after a tremendous regular season, going 37-13 overall and 17-10 in conference play. (More)
➤ Tampa Bay Rays designated hitter Yandy Diaz came up clutch against Miami Marlins former Cy Young Award winner Sandy Alcantara when he delivered this two-out, two-RBI single to give the Rays a 3-0 lead. Tampa Bay won the in-state rivalry game 4-0. (Watch Video)
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➤ Panera Bread will close its fresh dough facility in Orlando on July 14, cutting 114 jobs. The location produces the dough used to bake bagels, cookies, and bread at the chain’s restaurants. (More)
➤ Sneaker Impact, a recycling company based in Miami, is giving discarded shoes a new purpose. Reusable shoes are shipped outside of the U.S., where they’re resold by mom-and-pop shops in the developing world. (More)
➤ In Northeast Florida, the median price of a single-family home rose 2.9% in April, and the inventory of homes for sale increased 10.2%. (More)
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#1 Software Company Shares Jump 15%
Deloitte’s 2023 #1 software company just raised $45M in their pre-IPO offering and their share price jumped to $0.30/share.
Their offering is almost fully subscribed, but there’s still a time-limited opportunity for investors to buy in at $0.30/share. With parabolic revenue growth of 32,481%, this company is leading a smartphone revolution that has enabled +45M users to earn +$325M from screen time.
We’ve seen it before when Uber turned cars into income streams and Airbnb turned homes into income-producing assets. Early investors in these companies earned significant returns, and Mode is following their playbook.
Please read the offering circular at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A Offering. A reservation of the ticker symbol is not a guarantee that we will be listed on the NASDAQ. Any IPO timing is unknown, general steps to be accepted have not been undertaken at this point, and that listing is not guaranteed.
➤ State officialslaunched a website showcasing stories from Florida’s veteran heroes, highlighting veterans’ impact on the state, and providing a history of Florida’s military contributions. (Visit Site)
➤ Margaritaville license plates will soon be available at local tax collector offices now that the 3,000 pre-sale voucher requirement has been met. (See Plate)
➤ The Pinellas County community is helping the owner of Nikko’s Dog Bar on St. Pete Beach keep the restaurant open after he was attacked and hospitalized earlier this month. (Watch Video)
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