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.”
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.
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.
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.
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.
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.
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.”
Originally published on Tue September 24, 2013 3:18 pm
Miami-based Carnival Corp., the world's largest cruise operator, reported a third quarter profit nearly a third lower than a year ago following a series of embarrassing and deadly mishaps involving its ships.
Carnival turned a $934 million profit for the period June through August, down 30 percent from the same quarter in 2012.
Originally published on Thu September 26, 2013 5:18 pm
Here's some food for thought: One-third of the world's food goes to waste every year. In the U.S., about 40 percent of our food gets thrown out. It's happening on the farm, at the grocery store and in our own homes.
Getting out on the open sea, wind in your hair, enjoying the ride with your family and friends. Then there’s the boat payments, storage fees, fuel, maintenance and repair — these costs can quickly sink the dream of boat ownership.
Ahoy, mates — a new breed of boat-sharing services is entering the hot South Florida boating market. San Francisco-based Boatbound.co set up its East Coast headquarters on the Rickenbacker Causeway in Key Biscayne and launched nationally in June.
Thousands of retirees covered by company health insurance plans will soon see their benefits shifted toward private health-insurance exchanges.
IBM and Time Warner announced the change last week. They’ll provide retirees money to buy Medicare Advantage or supplemental Medigap policies instead, part of a push by businesses to move away from the increasingly costly group-coverage model.
American Airlines may follow. Its parent company, AMR Corp., is seeking approval to make the change from a federal bankruptcy court judge.
It seems like every group and organization in South Florida is working on a formula to reverse the ‘brain drain’, stop the ‘intellectual exodus’ or prevent the ‘mind migration’. With solutions that range from online resources and job boards to skills-based training and data collection on Miami’s talent pool, there is no deficiency of great ideas.