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Updated: 58 min 59 sec ago

Related breaks ground on large office building in downtown West Palm Beach

Thu, 05/16/2019 - 15:32
The project is at Rosemary Square, the outdoor mall formerly known as CityPlace.
Categories: Business

Magic Leap acquires developer of spatial computing platform for meetings

Thu, 05/16/2019 - 14:34
The technology is still being tested.
Categories: Business

Downtown Miami condo prices bounce back

Thu, 05/16/2019 - 14:13
Few condo projects are expected to break ground.
Categories: Business

Construction to begin soon for Broward convention center expansion, hotel

Thu, 05/16/2019 - 14:12
Broward County officials and hospitality business leaders took sledgehammers to a wall in the Greater Fort Lauderdale/Broward County Convention Center Thursday morning to kick off a project many years in the making. The demolition event at Portside Yachting Center in Fort Lauderdale marked the symbolic start of construction for the center's expanding facility and a new 800-room headquarters hotel. Assistant County Administrator Alan Cohen said the center is still waiting on one final county permit…
Categories: Business

Will recent lawsuits affect Carnival's earnings?

Thu, 05/16/2019 - 11:48
The world's largest cruise line has an edge over its competitors.
Categories: Business

Miami-Dade-based TV network owners file Chapter 11

Thu, 05/16/2019 - 11:40
These companies have over $10 million in assets.
Categories: Business

Mount Sinai boosts profits in Q1

Thu, 05/16/2019 - 11:23
The hospital saw an increase in patient volume.
Categories: Business

Visit Florida budget slashed as tourism to state hits all-time record

Thu, 05/16/2019 - 07:48
First-quarter visitation to the Sunshine State broke records as the budget was slashed for Florida's tourism-marketing arm. Gov. Ron DeSantis on Wednesday announced that 35.7 million people visited Florida in the first quarter of 2019, a 5.8 percent increase compared to the first quarter of 2018 and an all-time high for the quarter. Also on Wednesday, the board of Visit Florida approved a 30 percent payroll cut that spurred staff cuts. The Visit Florida Board of Directors reduced its payroll by…
Categories: Business

Condo in Porsche Design Tower sells at a loss of $1.2M

Thu, 05/16/2019 - 07:19
The fact that this condo sold at a loss may indicate a weakness in the luxury condo market in Miami-Dade County.
Categories: Business

Denver company buys one of South Florida's largest marble businesses

Thu, 05/16/2019 - 07:10
Charles Urso founded Marble of the World in 1985 after he sold a quick lube business.
Categories: Business

Microsoft invests in MiamiEdtech and more South Florida technology and ventures news

Thu, 05/16/2019 - 06:38
This week's technology and ventures news.
Categories: Business

South Florida Seen for the week of May 17

Thu, 05/16/2019 - 06:22
Send photos to Associate Editor Eileen Cukier at [email protected] Please include “South Florida Seen” in the subject line. Include names, titles and companies of individuals, along with event details.
Categories: Business

South Florida real estate projects in the pipeline for the week of May 17

Thu, 05/16/2019 - 06:11
This week's real estate news.
Categories: Business

Auto dealership owners buy waterfront mansion for $16M (photos)

Wed, 05/15/2019 - 19:01
The home was sold at auction.
Categories: Business

Exclusive: Miami’s first Cuban American-owned bank to be sold

Wed, 05/15/2019 - 16:39
A $5.6 billion-asset bank has agreed to acquire this Miami bank.
Categories: Business

Broward Commission to consider 4 big developments

Wed, 05/15/2019 - 16:35
The county will also vote on residential, industrial and self-storage projects.
Categories: Business

South Florida casino could be redeveloped into Topgolf, homes

Wed, 05/15/2019 - 15:05
The project would also have offices and commercial space.
Categories: Business

Burger King parent aims to expand to 40,000 restaurants

Wed, 05/15/2019 - 15:00
The Canadian company that owns Miami-based fast food giants Burger King and Popeyes Louisiana Kitchen announced aggressive expansion goals to investors Wednesday. At the company's first investor day in New York City, CEO Jose Cil said Restaurant Brands International will have 40,000 restaurants across its brands globally, from its current 26,000 locations. The Toronto-based company (NYSE: QSR), which also owns coffee and donut purveyor Tim Hortons, aims to hit this number within eight to 10 years.…
Categories: Business

Synovus names private wealth director for South Florida

Wed, 05/15/2019 - 14:27
Synovus Financial Corp. has named Todd Weiden to lead the bank’s private wealth business in Central and South Florida. Weiden, an industry veteran who worked for SunTrust for more than a decade, will serve as managing director of private wealth for the regions. In his role at SunTrust, Weiden served as head of transformation and experience and, before that, as South Florida market executive. "Todd is an energetic and proven financial services professional with a long history of serving clients…
Categories: Business

Report: Average Florida homeowner insurance rate is highest in the U.S.

Wed, 05/15/2019 - 14:23
Average home insurance rates have risen in every state in the last decade, mainly due to natural disasters, according to the National Association of Insurance Commissioners. And Florida's average rate is the highest in the nation. The association just released its 2016 report with the most recent full-data report available, which QuoteWizard by LendingTree (Nasdaq: TREE) compared with the 2007 report to generate rankings. Oklahoma saw the largest increase in home insurance between 2007-2016, up…
Categories: Business