Preview: MiamiHerald.com: Business
 MiamiHerald.com: Business
A shared passion for fashion Thu, 09 Feb 2012 16:03 EST Seven apparel companies under one roof in Miami share resources, swap ideas and work better than they would alone.
Mount Sinai sells Miami Heart Institute Thu, 09 Feb 2012 13:39 EST After years of trying to find a buyer, Mount Sinai Medical Center has sold the Miami Heart Institute, located in a central Miami Beach single-family-home neighborhood where residents have fought hard to limit development.
Wal-Mart debuts ‘Great for You’ seal Thu, 09 Feb 2012 00:00 EST You may like the food you buy, but is it “Great for You”?
Construction spending finally in a tiny rebound Wed, 08 Feb 2012 21:31 EST Construction spending in Florida is finally in a tiny rebound. The bad news: Housing permits are still 80 percent off their peaks.
BankAtlantic Center bonds: good rating, ‘negative outlook’ Wed, 08 Feb 2012 19:28 EST The financial picture for the Florida Panthers and Broward’s tourist tax caught the attention of Moody’s bond-rating agency, which tacked a “negative outlook’’ onto the county’s bonds for BankAtlantic Center in Sunrise.
Greek bailout talks hit snag over pension cuts Wed, 08 Feb 2012 19:27 EST Crucial talks to discuss austerity cuts in Greece broke down after eight hours Wednesday as leaders of the three parties backing the country’s coalition government failed to agree to demands from international creditors for substantial cuts to state and private pensions.
Regulators order inspections for entire Airbus A380 fleet Wed, 08 Feb 2012 19:27 EST European air safety regulators Wednesday ordered inspections of the entire fleet of Airbus A380 jets for tiny cracks in a wing component, extending a directive that had applied to only about a third of the 68 superjumbos in service.
28 more airports will test lower-hassle screening Wed, 08 Feb 2012 19:26 EST WASHINGTON (AP) – A new passenger screening program to make check-in more convenient for certain travelers is being expanded to 28 more major U.S. airports, the government said Wednesday. There will be no cost to eligible passengers, who would no longer have to remove their shoes and belts before they board flights.
Penn Mutual reorganizes Florida operations Wed, 08 Feb 2012 19:24 EST The Penn Mutual Life Insurance Company said Wednesday that it has reorganized its Florida operations, consolidating the former Independence Financial Network Florida and South Florida offices into a single entity, based in Miami.
New audio tour launched in Miami Beach Wed, 08 Feb 2012 19:23 EST A new audio tour is letting tourists hear the stories of Miami Beach from experts.
Attorney: More than 1,000 expected to lose jobs with American Airlines Wed, 08 Feb 2012 19:23 EST More than 1,000 American Airlines workers in Miami are expected to lose their jobs under the airline’s proposal to lay off 13,000 workers, according to a Miami-based labor attorney.
Express your economic thoughts with haiku poetry Wed, 08 Feb 2012 12:13 EST Business Monday is looking for haiku with an economic theme. Are you impacted or concerned about unemployment, low housing prices, too many foreclosures, Europe on the brink, pay cuts and layoffs? Are you still fed up or do you see better days around the corner?
Reserve now for Miami Herald Small Business Forum Wed, 08 Feb 2012 11:57 EST Do you run a small business or is being your own boss in your plans?
Citizens boosted home values to raise premiums, suit says Tue, 07 Feb 2012 20:44 EST Some homeowners have filed a class-action lawsuit against Citizens Property, charging that it overvalued their homes to raise premiums.
Dating advice from the pros Tue, 07 Feb 2012 22:39 EST In today’s 24/7 work world, some people benefit from dating coaches, who help facilitate relationships.
Crown Princess hit with norovirus outbreak again; returning to Port Everglades Tue, 07 Feb 2012 18:25 EST For the second time in as many days, the Crown Princess returned to Port Everglades after another outbreak of the norovirus, which attacks the gastrointestinal system.
Banks Paying Homeowners a Bonus to Avoid Foreclosures: Mortgages Tue, 07 Feb 2012 18:17 EST Accelerating efforts to move troubled mortgages off their books, banks are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties for less than they owe.
Federal agency looking at high-frequency traders Thu, 09 Feb 2012 18:51 EST The Commodity Futures Trading Commission is looking at high-frequency traders to gauge their importance in the markets and consider possible new rules for them.
Box Office Preview: Audiences to take 'The Vow' Thu, 09 Feb 2012 18:41 EST In what's shaping up to be a strong Valentine's weekend at the nation's theaters, four heartfelt newcomers are hoping to feel the love from smitten audiences.
Money fund assets fall to $2.657 trillion Thu, 09 Feb 2012 18:21 EST Total U.S. money market mutual fund assets fell $820 million to $2.657 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.
Euro ministers question deal to bail out Greece Thu, 09 Feb 2012 17:51 EST Greece gave in to more painful spending and job cuts Thursday, only to have European ministers question whether they were enough to deliver a euro130 billion bailout and stave off bankruptcy.
A look at possible money-market fund rules Thu, 09 Feb 2012 17:36 EST The Securities and Exchange Commission is drafting proposals to further strengthen money-market mutual funds, two years after it approved an initial set of new rules in the wake of the financial crisis.
Ill-timed fight erupts over money-market funds Thu, 09 Feb 2012 17:36 EST A fight is breaking out between the money-market mutual fund industry and federal regulators. Whatever the outcome, investors will question whether they can continue to rely on money funds as a safe place to keep cash readily accessible.
What settlement will and won't do for homeowners Thu, 09 Feb 2012 17:31 EST The mortgage settlement that government officials announced Thursday is intended to help victims of foreclosure abuses that followed the housing bust.
Want an aisle seat? Not for $2,000, Ralph Nader tells American Airlines Thu, 09 Feb 2012 17:26 EST As if bankrupt American Airlines didn't have enough problems, along comes consumer advocate Ralph Nader, who's really steamed that for a flight Saturday to Dallas/Fort Worth Airport, the only way for a non-frequent flyer to get an aisle seat was to pay a full $2,680 fare instead of the $700 price he'd already paid.
Summary Box: Early Greece rally fades; Apple rises Thu, 09 Feb 2012 17:06 EST GREECE BANDS: U.S. stocks rallied in the morning after Greece announced it had reached a deal to cut costs and stave off a looming debt default. But stocks gave up much of their gains by the end of the day, and analysts warned that Europe still faces plenty of problems.
How the major stock indexes fared on Thursday Thu, 09 Feb 2012 16:51 EST The stock market finally got a deal from Greece, but it didn't produce much of a rally. Greece says it has agreed to cut spending to satisfy some of its lenders. That's a key condition for Greece to avoid a default next month that could spook world financial markets.
Armour Group builds bullet-proof business Mon, 30 Jan 2012 15:09 EST A Fort Lauderdale company sells armored vehicles to military clients and companies with employees overseas.
Is oil drilling in Cuban waters safe? Thu, 26 Jan 2012 05:00 EST With Scarabeo 9, a Spanish company’s leased oil rig, in place for exploratory drilling off the Cuban coast, response plans are being firmed up in case a spill reaches the United States.
Brazil offers visas to Haitians drawn by prospect of jobs Wed, 25 Jan 2012 14:50 EST The Brazilian government created a special visa program after thousands of Haitians were stranded in remote Amazon towns. It will also issue work visas to Haitians at its embassy in Port-au-Prince.
U.S. still tops for entrepreneurs Tue, 10 Jan 2012 15:47 EST This week’s roundup includes news on Brazilian banking and upcoming international trade events in Florida
Ecuador conservation effort gets dragged into legal fight Fri, 06 Jan 2012 13:00 EST Ecuadoran plaintiffs in an $18 billion lawsuit against Chevron said the company has been trying to bribe its way out of the case by offering to support an innovative conservation effort.
Ecuador court upholds historic environmental case against Chevron Wed, 04 Jan 2012 20:16 EST An Ecuadoran court has upheld a ruling against Chevron for polluting the environment. Chevron says the ruling is illegitimate.
Cuba stacks up the building blocks of a new economy Sun, 01 Jan 2012 23:05 EST The pace of economic reforms has picked up as Cuba seeks to move more people off government payrolls in an effort to boost its economy.
Argentine media site attracts viewers and lawsuits Mon, 26 Dec 2011 20:32 EST Cuevana, an Argentine website that streams the latest Hollywood blockbusters and TV series, started off as a dorm-room project that has attracted millions of viewers. Now, it has attracted lawsuits from HBO and Turner, among others.
Judge turns down InnoVida’s plan to reorganize Fri, 16 Dec 2011 19:45 EST A bankruptcy judge converted Claudio Osorio’s personal and corporate bankruptcy cases to Chapter 7
Brazil’s economy slows Fri, 16 Dec 2011 00:00 EST However, recent measures could put the economy of South Florida’s largest trading partner back on the growth track by the second quarter of 2012.
French ambassador highlights ties with Florida Sun, 11 Dec 2011 23:00 EST François Delattre focused on investment and trade during a recent visit to Miami.
Lenovo 3Q profit up by half, warns of disk supply Thu, 09 Feb 2012 01:41 EST Lenovo Group Ltd., the world's second biggest personal computer maker, said Thursday that quarterly profit grew by more than half but warned hard drive costs would remain high amid a global shortage.
AP: Pa. symphony seeks soloist via YouTube contest Thu, 09 Feb 2012 14:06 EST Pittsburgh Symphony Orchestra officials insist it's not "American Idol" meets Mozart.
NY attorney general ends lawsuit against Intel Thu, 09 Feb 2012 17:46 EST Intel Corp. is paying $6.5 million as part of a deal to terminate an antitrust lawsuit filed against the chip-maker by the New York attorney general's office.
Oracle to pay $1.9B for Taleo, extends SAP rivalry Thu, 09 Feb 2012 09:11 EST Oracle Corp. is escalating its rivalry with German business-software maker SAP AG with a $1.9 billion purchase of Taleo Corp., a company that helps businesses hire and manage their employees.
Report says Apple to unveil new iPad in March Thu, 09 Feb 2012 15:46 EST A news report says Apple plans to unveil a new iPad early next month.
Review: 'Amalur' a cliched tale in a vibrant world Thu, 09 Feb 2012 18:01 EST In game six of the 2004 American League Championship Series, Boston Red Sox pitcher Curt Schilling beat the New York Yankees despite playing on an injured ankle - one that bled so badly that Schilling's victory became known as the "bloody sock" game. It's the stuff of baseball legend.
Kodak to stop making cameras, digital frames Thu, 09 Feb 2012 09:26 EST Picture it: Save for a few disposable point-and-shoots, Kodak is exiting the camera business.
LinkedIn's 4Q revenue doubles, stock soars 8 pct Thu, 09 Feb 2012 16:46 EST LinkedIn provided further evidence of online networking's popularity and moneymaking potential with a fourth-quarter performance that got a glowing review on Wall Street.
Groupon stock plunges on growth worries Thu, 09 Feb 2012 12:16 EST Groupon had a lot to prove with its first earnings report as a public company. The nearly 14 percent slide in its stock Thursday suggests investors were not impressed.
FBI file: Steve Jobs was considered for govt post Thu, 09 Feb 2012 17:31 EST FBI background interviews of some people who knew Apple co-founder Steve Jobs reveal a man driven by power and alienating some of the people who worked with him.
Cisco beats estimates with 2Q earnings, sales Wed, 08 Feb 2012 16:31 EST Cisco, the world's largest maker of computer networking equipment, on Wednesday said that its net income jumped 44 percent in the latest quarter as it continues to put last year's slump behind it.
Crown Princess hit with norovirus outbreak again; returning to Port Everglades Tue, 07 Feb 2012 18:25 EST For the second time in as many days, the Crown Princess returned to Port Everglades after another outbreak of the norovirus, which attacks the gastrointestinal system.
Ship with sick passengers arrives in Fort Lauderdale Sat, 04 Feb 2012 17:14 EST Princess Cruises has confirmed the stomach illness that affected almost 100 passengers aboard the Ruby Princess is norovirus.
Two South Florida-bound cruise ships hit by norovirus Sat, 04 Feb 2012 11:09 EST Two cruise ships have been hit by norovirus, a gastro-intestinal bug that spreads fast and leaves misery behind.
Carnival: Bookings dropped fleetwide after Costa Concordia wreck Mon, 30 Jan 2012 21:53 EST Carnival Corp. said in a regulatory filing that it expects full-year profits to take a $155 million to $175 million hit from the Costa Concordia grounding.
Bahamas police investigate cruise ship death Sat, 28 Jan 2012 14:02 EST Authorities in the Bahamas say a 26-year-old U.S. tourist has died aboard a Carnival cruise ship and the cruise has been delayed pending the investigation.
Settlement offered to Costa Concordia shipwreck survivors Fri, 27 Jan 2012 22:59 EST Passengers who suffered no physical injury from the grounding of the Costa Concordia are being offered a settlement of about $14,500. Lawsuits filed Friday put that figure in the shadows.
Disney Cruise Line coming to Miami Wed, 25 Jan 2012 11:19 EST The Disney Wonder will set sail from Miami beginning in December, drawing more tourists here.
Carnival Cruise Lines faces a hostile PR tide Tue, 24 Jan 2012 17:33 EST Reports of a 30-percent discount for shipwreck survivors on future cruises sparks global outrage as Carnival and Costa try to contain the damage to their brands in wake of Concordia crisis.
Carnival too big to let Concordia sink profits Sun, 22 Jan 2012 17:05 EST On an average day, about 50,000 people around the world board cruise ships to start their vacations. Half of them set to sea on a vessel owned by Carnival Corp, the industry leader based in Doral.
Cops thought Novack murder might be sexcapade gone awry Thu, 19 Jan 2012 22:29 EST In the hours after her husband’s murder, investigators grilled Narcy Novack on her husband’s temper, their marital ups and downs and his sexual peccadilloes.
Passengers on Costa Atlantica cruise undeterred by shipwreck Wed, 18 Jan 2012 19:06 EST Travel experts say it’s difficult to tell how many potential passengers have been scared away from taking cruises.
Mount Sinai sells Miami Heart Institute Thu, 09 Feb 2012 13:39 EST After years of trying to find a buyer, Mount Sinai Medical Center has sold the Miami Heart Institute, located in a central Miami Beach single-family-home neighborhood where residents have fought hard to limit development.
Jackson Health System, union agree on $52 million in concessions Tue, 07 Feb 2012 16:57 EST Jackson Health System and SEIU agreed to a new three-year contract after months of intense bargaining, but union workers can earn back some of their concessions by finding efficiencies.
Uninsured woman’s search for surgery shows challenges faced at Jackson Health System Mon, 06 Feb 2012 09:57 EST The case of a Hialeah single mother illustrates key issues — uninsured patients with complicated cases — facing Miami-Dade’s beleaguered public health system.
Jackson Health System will announce “significant” layoffs in about two weeks Fri, 03 Feb 2012 20:26 EST Jackson Health System is restructuring in response to lower patient volume and budget problems.
Bascom Palmer plans major expansion Wed, 01 Feb 2012 21:33 EST UMs eye institute announced plans for a three-year expansion as it celebrates its 50th anniversary.
UM patient data stolen Mon, 30 Jan 2012 11:37 EST Limited data on 1,219 University of Miami patients was stolen in November when someone broke the back window of a pathologist’s car and took a briefcase that contained a flash drive.
High-tech proton cancer therapy center planned for Palm Beach County Sun, 29 Jan 2012 19:53 EST Backers of the controversial, and expensive, procedure say it can zap tumors with such accuracy that surrounding tissue is unharmed.
Jackson Health System, UM headed toward “a completely new relationship” Mon, 23 Jan 2012 17:55 EST Jackson Health System and the University of Miami are planning a new arrangement that would have some UM doctors practicing only at UM, while opening the way for FIU doctors.
Hospitals hiring doctors to get ready for reform Sun, 22 Jan 2012 23:00 EST Hospitals made disastrous decisions in the 1990s in hiring doctors. Now, they’re again buying physician practices — saying better management will make the difference this time.
Jackson Health System projects that it could run out of cash this summer Fri, 20 Jan 2012 17:11 EST Jackson Health System executives projected for the second straight year that the system might run out of cash this summer unless major steps are taken.
Floridians could get $140 million in rebates Fri, 20 Jan 2012 16:15 EST Federal authorities have rejected a request from Florida to get a waiver on a crucial reform requirement -- a move that could clear the way for state consumers to get more than $170 million in refunds on their health insurance.
Business spending holding back South Florida’s rebound Thu, 09 Feb 2012 12:20 EST If this recovery isn’t going fast enough for you, don’t blame tourism. Construction, on the other hand...
Is it morning again in Miami? Wed, 08 Feb 2012 09:49 EST A look at how South Florida’s economic rebound at the end of President Obama’s first term compares to the end of Ronald Reagan’s first term.
Markets buoyed by news of Greek debt deal Thu, 09 Feb 2012 04:31 EST Markets were shored up by the news that Greece's party leaders agreed a deal on new cuts that are necessary for the country to get crucial bailout funds.
$25B settlement reached over foreclosure abuses Thu, 09 Feb 2012 07:51 EST A landmark $25 billion settlement with the nation's top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit.
Euro ministers question deal to bail out Greece Thu, 09 Feb 2012 17:51 EST Greece gave in to more painful spending and job cuts Thursday, only to have European ministers question whether they were enough to deliver a euro130 billion bailout and stave off bankruptcy.
Pepsico to cut 8,700 jobs; 4Q net rises Thu, 09 Feb 2012 07:26 EST PepsiCo is trying to put some fizz back into its business. The food and drinks maker announced a restructuring on Thursday that includes cutting 8,700 jobs globally and plowing money into advertising drinks like Pepsi and Mountain Dew in North America.
Wholesale inventories rose 1 percent in December Thu, 09 Feb 2012 10:11 EST Wholesale businesses increased their stockpiles sharply in December although the gains are expected to slow in coming months, a development that could curb overall economic growth.
2 Key Ford leaders to retire, Mulally to stay on Thu, 09 Feb 2012 09:11 EST Two of the architects behind Ford's remarkable turnaround are retiring, and their departures have intensified the guessing game over who will become the next CEO.
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