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Latest in Business & Finance

Currency exchange rates slow Miami luxury realty sales

Changes in currency exchange rates have some effect on the slowdown in sales of Miami’s luxury residential real estate, but that’s just one part of the larger picture, leading South Florida brokers say. EWM Realty International two…

69% cut in Miami Worldcenter retail vexes city board

69% cut in Miami Worldcenter retail vexes city board

The new streamlined retail plan for Miami Worldcenter received positive comments and support from the city’s Urban Development Review Board, but a staff analysis noted some concern with the viability…

Sergio Pino’s Century Homebuilders Group keeps building

Sergio Pino’s Century Homebuilders Group keeps building

Two new joint ventures by Sergio Pino’s Century Homebuilders Group are rising quickly in Doral, giving condo buyers looking for somewhere to live and play, as well as home buyers…

Parsons-Odebrecht Joint Venture wins airport baggage system deal

Parsons-Odebrecht Joint Venture wins airport baggage system deal

Miami-Dade commissioners approved 8-4 last week awarding a contract to construct baggage handling system improvements at Miami International Airport to Parsons-Odebrecht Joint Venture, with almost $7.5 million for pre-construction phases…

Bank fees should be simple, Chase says

Bank fees should be simple, Chase says

Bank fees are virtually unavoidable for anyone who’d rather keep money in a proper institution instead of under their mattress – but George Acevedo thinks that it should be as…

New technology companies, expansion to add 300 jobs

New technology companies, expansion to add 300 jobs

Two new technology companies and one expanding firm will altogether bring in more than $4 million in new capital investment and 300 new jobs to Miami-Dade County within three years,…

General Growth Properties and Landmark Theatres talk cinema deal

General Growth Properties and Landmark Theatres talk cinema deal

With a controversy among the Coral Gables cinema community settled, General Growth Properties and Landmark Theatres are free to negotiate with the City of Coral Gables to put a multi-screen…

Sports giant Legends investing in SkyRise Miami

Sports giant Legends investing in SkyRise Miami

SkyRise Miami, a 1,000-foot vertical amusement center planned to become the focal point of Miami’s skyline, is evolving with added attractions. “We’re still hoping to recommence the construction by year’s…

More Brazilians visit Miami but spend 15% less

More Brazilians visit Miami but spend 15% less

Brazilians are still number-one internationally in total visits to Miami, a fact that hasn’t changed during Brazil’s current political and economic turmoil. What has changed is what they’ve been spending…

Miami-Dade wages trail the nation by 7%

Miami-Dade wages trail the nation by 7%

Miami-Dade wages trail the nation by 7%, a US Bureau of Labor Statistics study revealed last week. Hourly wages here averaged $21.70 versus $23.23 nationally. The 7% gap, however, masks…

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