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Front Page » Business & Finance (Page 2)
Latest in Business & Finance

Brightline passenger rail service 65% built

Construction on the first leg of the Brightline passenger rail service has crossed the halfway point, on track for its anticipated service launch in mid-2017. Construction of the West Palm Beach-to-Miami segment is more than 65% completed,…

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…

Blumberg Grain contracting for 500 granaries in Egypt, Algeria

Blumberg Grain contracting for 500 granaries in Egypt, Algeria

Coral Gables-based Blumberg Grain has struck agreements to contract with Egypt and Algeria for monumental projects in developing one of the world’s largest food security systems to help the governments…

Wynwood’s alcohol permits running dry

Wynwood’s alcohol permits running dry

To propel their neighborhood even further on the path of being an entertainment venue, members of the Wynwood Business Improvement District (BID) last month discussed changing the way alcohol permits…

Fund bets counter to US trade embargo against Cuba

Fund bets counter to US trade embargo against Cuba

In anticipation of the era when the US trade embargo against Cuba is a thing of the past, Thomas J. Herzfeld’s Caribbean Basin Fund has been packing its portfolio with…

Macy’s says it will continue operations at its downtown Miami location

Macy’s says it will continue operations at its downtown Miami location

Macy’s says it will continue operations at its downtown Miami location in the wake of losing a potentially prime new location in the 27-acre Miami Worldcenter mixed-use project scheduled to…

Hotel room rates for the Miami area nation’s highest

Hotel room rates for the Miami area nation’s highest

Hotel room rates for the Miami area in the first quarter were the highest in the nation, allaying fears that the industry might face room-rate pressures due to an explosion…

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