business

Arts Season
8:57 am
Thu October 24, 2013

South Florida Maker Movement Grows With Events, Spaces, Fair

Bibi Nin works on her project during the Cardboard Challenge at the Miami Science Museum on Oct. 5.
Credit Peter Andrew Bosch / MIAMI HERALD STAFF

It’s entirely appropriate that Makers Square is a work in progress.

The grounds surrounding the brick-red building are covered with projects under construction, including large aquaponic planters built from pallets for herbs and fruit trees.

Nine shipping containers are being repurposed as classrooms, a pottery studio, a photography studio and rentable individual workspaces. Also in the plans: The roofs of those containers will be covered with gardens.

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Americas
3:48 pm
Tue October 22, 2013

Cuba To Phase Out Two-Peso Currency System

A woman displays Cuban pesos, or CUP (right) and the more valuable convertible pesos, or CUC (left), in Havana Tuesday. Raul Castro's government announced that it will begin unifying the two currencies.
AFP AFP/Getty Images

Originally published on Tue October 22, 2013 4:09 pm

Cuba will end the two-currency system it has used for nearly 20 years. Since the collapse of the Soviet Union, Cuba has used either American currency or a peso that's pegged to the dollar alongside its national peso.

The monetary unification will phase out a system that has become a symbol of exclusivity and foreign wealth. Many products that are imported into the country can be bought only with the dollar-based convertible peso. But most Cubans are paid in the standard peso, which is worth just a fraction of the other currency.

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Trade
11:49 am
Mon October 21, 2013

How Spanish Investment, Trade Ties With Florida Offer Business Gold

Angel Santibañez is the owner of Brisas de España, 8726 NW 26 St., Doral, which carries a variety of goods from Spain including paella pans hanging from wall, hams, ceramics and food products.
Credit C.W. Griffin / Miami Herald Staff

Arriving in South Florida, visitors from Spain might feel as if they’ve never left the Iberian Peninsula.

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Business
11:39 am
Mon October 21, 2013

Why South Florida Workers Are Learning Portuguese

Alexandra Estrada (right) is studying Portuguese at the Cultural Center for Language Studies in Miami. Estrada encounters many Brazilian customers in her job with the cruise industry. Her teacher is Valmira Hayes.
Credit Karen Rundlet

Miami Dade, Broward and Palm Beach. All three counties beat the national average when it comes to the number of homes that have foreign language speakers.

We already know that local polling places offer ballots in English, Spanish, Creole. And that business is conducted in those three languages.

But in recent years, it’s Portuguese that has established itself as a new language of commerce.

Carolina Pinho is Brazilian. She moved to South Florida more than 20 years ago.

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Infrastructure
9:36 am
Thu October 17, 2013

Port Everglades On Florida's Short List For $35M In Investment Upgrades

Credit Ed Webster/Flickr

Port Canaveral, Port Everglades and the Port of Tampa are in line to receive $35 million next year to expand their facilities through a state program for strategic port investments.

As part of an effort to position the state's 15 seaports as a single global shipping hub, Gov. Rick Scott announced Wednesday he will recommend that the Legislature allocate the money to the projects. The announcement came during an appearance at the American Association of PortAuthorities convention in Orlando.

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Business
9:23 am
Thu October 17, 2013

Trader Joe's Opens First Miami Location In Pinecrest Oct. 18

The new Pinecrest location opens Oct. 18.
Credit Trina Sargalski

Friday, Oct. 18, is the day diehard Trader Joe's fans  in Miami have waited for. After opining on "Bring Trader Joe's to Miami" Facebook pages or making a two-hour drive to the closest Trader Joe's location in Naples, Miami's Trader Joe's devotees now have their own store at 9205 S.

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Pop Culture
7:00 am
Tue October 15, 2013

Are You A 'Hypebeast' Or 'OG?' Welcome To Miami's Sneaker Culture

Credit Chloe Herring

Shoe enthusiasts gathered recently at the Bank United Center on the campus of the University of Miami for SneakerCon.

The event allows vendors and guests to buy, sell and trade their “kicks.” It's also a hot place to check out the shoe scene in Miami.

Arthur Williams, 19, attended the event to buy shoes and noticed various kinds of interests.

“You’ve got ‘hypebeasts’ and people that just want to buy shoes. But me and my friend -- we’re real ‘sneakerheads.’ We’ve been in this since ninth grade,” said Williams.

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Business
11:52 am
Mon October 14, 2013

Miami To NY Hedge Funds: We’re Ready For You Now

Miami Downtown Development is trying to lure hedge funds to Miami with assistance from developer Nitin Motwani (left) and Miami City Commissioner Marc Sarnoff (right).
Credit CARL JUSTE / MIAMI HERALD STAFF

Miami hopes to lure hedge funds out of New York with an updated twist on a familiar message: Come south for warm winters, zero state or city income tax and -- finally -- a downtown worthy of Wall Street’s elite.

“It’s really showing the maturity of our city,’’ said Nitin Motwani, a Miami developer and board member of the Downtown Development Authority. “The more people get familiar with what is happening in Miami — the real Miami — the more people are going to say, ‘I’m going to give Miami a shot.”

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Friday Business Report
4:34 pm
Fri October 11, 2013

How Reverse Mentoring Promotes International Business Solutions

Many respected leaders will point to mentors who helped them with their rise to success, and most of the time, that mentor was a more experienced individual. But a new local partnership is counting on younger mentors to school their elders.

The Miami Herald's Karen Rundlet tells us how digital proficiency is driving this program.

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Food
3:09 pm
Tue October 8, 2013

Food Truck Pioneer Battles Food Deserts With High Cuisine

The Kogi BBQ truck near the campus of UCLA in 2009.
Matt Sayles AP

Originally published on Wed October 9, 2013 9:46 am

What do restaurant chefs dream of? Most would be satisfied with a great review, a full house every night, maybe a restaurant or three of their own, a television show.

Not Roy Choi.

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Friday Business Report
7:33 pm
Fri October 4, 2013

How To Get A Startup Job In Broward

Startup Quest mentees meet every Thursday at a ballroom at the Signature Grand in Davie. Almost everyone in the program has at least a master's degree.
Credit Karen Rundlet

According to last month’s employment statistics, Broward County added more than 23,000 jobs. Miami-Dade didn’t do as well, with about 3,000 new jobs being added there.

But it’s not as though unemployment or underemployment have gone away. And a new program in Broward is trying to tackle those problems.

It’s called Startup Quest. The program puts patented ideas from universities into the hands of people who are underemployed or straight up out of work. Mentors and mentees serve as bosses and workers, respectively.

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Ethics
5:35 pm
Fri October 4, 2013

Why Privatizing City Functions In West Palm Beach Is Raising Some Eyebrows

West Palm Beach City Hall
Credit Creative Commons via Flckr wallyg

UPDATE 5:10 p.m. Oct. 4, 2013: Six firms have responded to the RFQ before today's deadline, among them Kim Briesemeister’s Redevelopment Management Associates.

A board of both city employees and people outside of government will rank the companies, though no timetable is in place for the review process.

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As communities change, so too must the institutions that govern them. One change in particular has raised a few eyebrows.

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Zoning
10:43 am
Thu October 3, 2013

Walmart Moves One Step Closer To Breaking Ground In Midtown Miami

Opponents of the proposed Walmart made their presence known.
Credit Wilson Sayre

A battle over plans to build a new Walmart in Midtown Miami continued Wednesday night before the city's Planning, Zoning and Appeals Board.

Although both sides of the issue attended the meeting, the focus instead was squarely on the numbers, two in particular: 21 and 27. These are the zoning ordinances that govern the use and design of land in midtown.                                                         

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Business
2:52 pm
Wed October 2, 2013

Florida Lawmakers Delay Highly Anticipated Gambling Study

Credit Wikipedia.org

A $400,000 gambling report will be delayed because it is too confusing and needs to be reviewed for accuracy, according to Senate Gaming Committee Chairman Garrett Richter, R-Naples.

The final portions of a three-part study by Spectrum Gaming Group were due to the Legislature on Tuesday, the same day executives at the New Jersey-based gambling research firm asked for another 30 days to complete the study conducted with its partner Regional Economic Models Inc., or REMI.

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Business
11:20 am
Mon September 30, 2013

More Than 7 Months After Triumph Fire, Carnival Tries To Correct Course

CEO Arnold Donald of Carnival Corp is the new CEO in the post-Triumph, post-Micky Arison-as-CEO era. He faces the issues rehabilitating it's image and getting customers and travel agents back on its side.
Credit C.W. Griffin / Miami Herald Staff

Smiling children wave. A happy couple dances by the pool. Family members play miniature golf with a view of the ocean, and a man asks a woman to be his wife. There are sunsets, kisses and giant ships serving as backgrounds for vacation snapshots.

“We never forget the moments that matter,” a woman’s voice says. “We hang them on our walls. We share them with everyone we know and hold on to them forever.”

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