LOCAL NEWS
During the May 8th Blueprint Intergovernmental Agency (IA) budget workshop, elected officials will consider a proposal to fund air service financial incentives in the amount of $670,000 annually beginning in 2026.
Leon County and Tallahassee elected officials don’t like the state’s requirement that forces them to enter into agreements between their local law enforcement agencies and federal immigration enforcement, but they say their hands are tied.
FLORIDA NEWS
House and Senate leaders said late Friday they had reached agreement on a “framework” for a budget deal that would include $2.8 billion in tax cuts, with lawmakers expected to return to the Capitol during the week of May 12 to negotiate details.
Santa Ono, who has led the University of Michigan since 2022, is the sole finalist to become president of the University of Florida, UF announced Sunday.
NATIONAL NEWS
Famed investor Warren Buffett will step down as CEO of Berkshire Hathaway by the end of the year. The 94-year-old made the announcement at the company’s annual shareholder meeting, a widely anticipated event referred to as the “Woodstock of Capitalism” (see overview). Buffett seeks to install Greg Abel, vice chairman of noninsurance operations, as his replacement.
Newark Liberty International Airport in New Jersey experiences air traffic control staffing issues, prompting hundreds of flight delays; United Airlines cancels all round-trip flights from the airport, impacting 35 flights per day (More).
US stock markets close higher Friday (S&P 500 +1.5%, Dow +1.4%, Nasdaq +1.5%), with the S&P 500 notching its ninth consecutive day of gains, the longest winning streak since November 2004 (More).
TALLAHASSEE WEATHER
The Tallahassee Reports Daily Briefs: Monday, May 5, 2025 added by Staff on
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Hey City & County Commissioners, ALL Law Enforcement is SUPPOSED to UP HOLD THE LAWS. They can’t pick and choose which ones they get to up hold and they ALL should be working together.