business

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.

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.

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.

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.                                                         

Florida Lawmakers Delay Highly Anticipated Gambling Study

Oct 2, 2013
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.

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.”

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.

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.

Authorities are set to slap banking giant JPMorgan Chase with a massive fine over the bank's huge trading losses in London last year, confirms NPR's Jim Zarroli.

Though details of the deal are still pending, several reports put the amount at more than $700 million. It comes on the heels of the bank's having recently paid $410 million to settle charges that it manipulated energy markets.

WALTER MICHOT / Miami Herald Staff

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.

Is Brazil Ready To Step On The World Stage?

Sep 16, 2013

As Brazil readies to host next year's World Cup and the 2016 Summer Olympics, All Things Considered host Melissa Block is in the country reporting on how it's all coming together.

Talent retention is a hot topic.

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.

Alan Diaz / AP

Starting Friday, Miami will see a sharp drop in sabotage, sniper fire and explosions. And that has quite a few people worried about the future.

With Thursday’s telecast of the finale of Burn Notice, the city’s No. 1 source of fictional attacks and espionage will end its seven-year run as the most successful series since Miami Vice and the linchpin of the English-language production industry.

It's been five years since Lehman Brothers collapsed and touched off a banking crisis that is still being felt by the global economy. Today, the banking industry is a lot stronger than it was, but some critics say efforts to reform banking regulations have fallen short of their potential.

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