Tom Hudson

Vice president of news and special correspondent

In a journalism career covering news from high global finance to neighborhood infrastructure, Tom Hudson is the Vice President of News and Special Correspondent for WLRN.  He hosts and produces the Sunshine Economy and anchors the Florida Roundup in addition to leading the organization's news engagement strategy.

Hudson was most recently the co-anchor and managing editor of Nightly Business Report on Public Television. In that position Hudson reported on topics such as Federal Reserve interest rate policy, agriculture and global trade. Prior to co-anchoring NBR, he was host and managing editor of the nationally syndicated financial television program “First Business.” He overhauled the existing program leading to a 20 percent increase in distribution in his first year with the program.

Tom also reported and anchored market coverage for the groundbreaking web-based financial news service, WebFN. Beginning in 2001, WebFN was among the first live online streaming video outlets. While there he reported regularly from the Chicago Board Options Exchange, Chicago Board of Trade and the CME. Additionally, he created original business news and information programming for the investor channel of a large e-brokerage firm distributed to six large market CBS Radio stations. 

Before his jump to television and broadband, Tom co-anchored morning drive for the former all-news, heritage 50kw WMAQ-AM/Chicago. He spent the better part of a decade in general news as anchor, reporter, manager and talk show host in several markets covering a wide variety of stories and topics.

He has served as a member of the adjunct faculty in the Journalism Department of Columbia College Chicago and has been a frequent guest on other TV and radio programs as well as a guest speaker at universities on communications, journalism and business.

Tom writes a weekly column for the Miami Herald and the McClatchy-Tribune News Service. He appears weekly on KNX-AM/Los Angeles for commentary on the investment markets.

While Tom was co-anchoring and managing NBR, the program was awarded the 2012 Program of Excellence Award by American Public Television. Tom also has been awarded two National Press Foundation fellowships including one for the Wharton Seminars for Business Journalists in 2006. He graduated Phi Beta Kappa from the University of Iowa and is the recipient of several professional honors and awards for his work in journalism.

He is married with two boys who tend to wake up early on the weekends.

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Sunshine Economy
1:39 pm
Mon October 13, 2014

Affluence & Affordability: See South Florida's Wealthiest

Credit Tax Credits/ Flickr

    

Just over two dozen people in South Florida hold more than $100 billion in wealth. These 25 individuals make up South Florida's Wealthiest, a list from the Miami Herald, compiled by Global Governance Advisors, an executive pay consulting group. You can see the list below, or here.

There's a voyeuristic quality of these kinds of "richest" lists.

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Sunshine Economy
8:32 am
Mon October 6, 2014

Where Money In Florida's Gubernatorial Race Is Coming From

Credit University of Maryland Press / Flickr/Creative Commons

Close to $50 million has been spent buying airtime in Florida through the end of September by Florida's gubernatorial candidates and their political parties.

While some of the messages include bright pictures of Rick Scott and Charlie Crist touting their economic and education plans, most of the messaging features ominous sounding narration and dramatic music telling an audience what's wrong with the other guy. 

  According to the Center for Public Integrity at least half of the ad money spent in Florida has been spent on negative ads like these:

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Sunshine Economy
1:00 pm
Mon September 29, 2014

Trade Winds: Exporters in South Florida

Two Super Post-Panamax Cranes await cargo and ships at PortMiami (Oct. 2013).
Credit Tom Hudson

    

It's a familiar saying among exporters -- South Florida is the shopping cart for Latin America.

From cell phones to gold, medicine to aircraft parts, it all leaves the United States from South Florida destined for overseas markets. While the pace of trade is down from a year ago, according to trade media company WorldCity, the seaports and airports here maintain a trade surplus.

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Sunshine Economy
12:43 pm
Mon September 22, 2014

The Revolution And Evolution Of Miami Music Business

Willie Clarke in studio.
Credit WLRN / Courtesy

Can you name these songs? 

OK, so what do they have in common? 

All of these songs, either in whole or part, were recorded at Criteria Studios in Miami. It began as a small studio in the late 1950s and grew into six studios with a global reputation for making hits.

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Power Of Price
8:51 pm
Fri September 19, 2014

Mt. Sinai CEO's Broken Transparency Promise

Credit freedigitalphotos.net

In May 2013, Mt. Sinai Medical Center CEO Steve Sonenreich promised on WLRN's Sunshine Economy to make public the contracted reimbursement rates his hospital receives from insurance companies. He didn't know his facility already had agreed to keep those prices secret.

Sonenreich now says he was unaware of non-disclosure agreements Mt. Sinai Medical Center has with insurance companies regarding those contracted prices.

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Power Of Price
7:11 pm
Thu September 18, 2014

The Troubles With Negotiating Health Care Pricing In The Dark

The email to Mr. Smith detailing his negotiated prices for his August hernia operation. He paid in full prior to the surgery.
Credit Tom Hudson

Paying $850 per month for health insurance for a family of three is not out of the ordinary, even when that insurance comes with a $5,000 annual deductible. But it become just too much for a man we'll call Mr. Smith, from Hollywood.

Mr. Smith is 52 years old and works in the marine industry. He's lived in Hollywood since 2000. He requested we don't use his first name due to privacy concerns, but he wasn't shy about his recent hernia surgery.

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The Sunshine Economy
10:34 am
Mon September 8, 2014

How Finance Keeps South Florida Industries Together

Hanming Rao at his firm's trading desk in Boca Raton. Rao moved his fund, Global Sigma Group, to Palm Beach County in 2014.
Credit Tom Hudson

When Hanming Rao was setting up his commodity trading fund, he began the process in Stamford, Conn. After all, Rao had worked for hedge funds in Connecticut after graduating with his doctorate in engineering sciences. But he knew he would move his operations to South Florida soon. This spring, he did becoming another investment professional attracted to the region's weather, source of wealthy investors, global location and no state income taxes.

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Opinion
10:50 pm
Tue August 26, 2014

Having It Burger King's Way

Burger King announced its plans to acquire Tim Hortons. Burger King executive chairman Alex Behring says the deal is "not being driven by taxes."
Credit Flickr / Rawle C. Jackman

In 2005, before Burger King was majority owned by a Brazilian investment firm, it struck a deal to keep its corporate headquarters in the city where it was founded, Miami. The company had been tempted by an incentive package, including lower business costs, to move to Texas. Instead, the company stuck with its hometown.

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Music
5:45 pm
Fri August 15, 2014

Shake Your Hips: Remembering TK Records Boss Henry Stone

Henry Stone had soul. Henry Stone had rhythm. Henry Stone had beats.

Henry Stone had an ear for what music people wanted to listen to, dance to and buy. He died August 7 in Miami. He was 93.

Stone came to Miami in the late 1940s, recording musicians and releasing their music, including that of a young Ray Charles. In the 1960s he founded TK Records.

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Sunshine Economy
11:18 am
Mon June 9, 2014

The Sunshine Economy: Common Challenges, Changing Classrooms

Credit FlickR/Clover Autry

The school year may be over, but the next chapter in public education begins in less than three months: Common Core State Standards.

However, Florida public school kids won’t follow Common Core, at least not in name. The state legislature this spring eliminated references to Common Core from state education policy. Still, the principles of Common Core remain: more rigorous education standards to better prepare students for college and careers.

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Trade And Logistics
8:17 am
Tue May 20, 2014

Sunshine Economy: Going Through The Miami Tunnel

The light at the end of the tunnel. After 55 months of construction the Miami Tunnel is due to open to traffic before the end of May. The tunnel is designed to move cargo trucks and cruise passenger traffic out of downtown Miami and under Government Cut between Watson Island and PortMiami.
Credit Tom Hudson

I'd been asked a lot of things in advance of an interview with a source, but the text from Chris Hodgkins was my first wardrobe question: "What size shoes do you wear?"

Hodgkins is a vice president with MAT Concessionaire, the conglomerate formed to build, and eventually operate, the Miami Tunnel.  More than four years after beginning construction, the $1 billion tunnel is scheduled to open to traffic by the end of May.

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Sunshine Economy
6:00 am
Mon May 5, 2014

Can South Florida Boast Of Having Some Tech Cred?

Hundreds of entrepreneurs, technologists and executives come to South Florida May 5 and 6 for the first eMerge Americas technology summit. The conference aims to highlight Miami's growing tech prowess.

The technology industry remains small in South Florida, but it attracts a lot of attention. The promise of high-paying jobs, a highly educated community and a more diversified economy are powerful pulls to develop the tech industry.

WLRN revisits the effort to grow and attract the technology industry to our region. It's the Sunshine Economy with "The Future Emerging: The Technology Industry in South Florida.”

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Sunshine Economy
10:01 pm
Sun April 13, 2014

Aging Gracefully - The Retirement Industry in South Florida

Four residents of the 55 community of Ponte Vecchio in Boynton Beach shuffle mahjong tiles in the community room. Ponte Vecchio's 650 homes are among the 35,000 geared toward retirees in South Florida managed by FirstService Residential.
Credit Tom Hudson

Today, tomorrow and all the tomorrows for the next 15 years 8,000 Americans will reach retirement age.  If history is any guide, millions of those Baby Boomers will find their way to Florida for their golden years. The share of Florida's population 65 years old and over is the largest in the nation. For all the glamor and attention paid to youth in Florida, the retirement industry is big and growing.

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Sunshine Economy
9:31 pm
Sun March 16, 2014

Bottoms Up: The Liquor & Wine Business In South Florida

Miami Club Rum began distilling in the Wynwood neighborhood in 2012. Founder and CEO Matt Malone uses Palm Beach County sugarcane byproducts and Miami-Dade County public water to make his rum.
Credit Tom Hudson

South Florida may not have the valleys and vineyards of Napa Valley nor the hollows and oak barrels of Kentucky but the wine and liquor industry is here in its own unique way.  Think mango wine not chardonnay, rum not bourbon and you've got the idea.  

South Floridians can talk about rum the way oenophiles go on about wine. There are the aromas of the rum, the notes and the finish. There may be hints of chocolate, berries or citrus.  For many outside of South Florida rum means one company: Bacardi.  

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Sunshine Economy
8:47 am
Mon March 10, 2014

Got Water?

Water being treated on its way to from Florida City to the Keys via a 130 mile pipeline.
Credit Tom Hudson

 

The good news from last summer's rains is that South Florida's water supply is running above average. But that doesn't ease the concerns of those responsible for finding, protecting, cleaning and distributing freshwater to the more than six million people from Pam Beach County through Key West.

They tell us there is no "average" year for water supply. It's either too wet or too dry. And while it's technically the dry season, there's plenty of water.

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