Money

Ultimate Software's merger with Boston-based Kronos will create a $22 billion company with 12,000 employees.

By David Lyons

Feb 20, 2020

Virtual currency investors looking to add to their portfolios have until noon Wednesday to sign up for a federal auction of more than 4,000 bitcoins.

By David Lyons

Feb 12, 2020

A welcoming scene at the Mayors Jewelers at Coral Gables at Merrick Park is a sign of improvements to come for the decades-old South Florida jewelry chain. It’s now appealing to clients with remodeled stores that offer customers upscale hospitality areas as they shop for rings, fancy stones and high-end watches.

By David Lyons

Jan 30, 2020

The receiver in an $85 million debt relief fraud case in South Florida is auctioning off the final pieces of real estate owned by the head of multiple companies that were forced to close by the Federal Trade Commission and state of Florida.

Apartment rents kept increasing across South Florida in 2019, but not as steeply as prior years, a national survey has found.

A 145-acre Bahamian island with a home has hit the auction block, with bids starting at $10 million.

By David Lyons

Jan 10, 2020

There’s new evidence to help show that many Northerners are packing their belongings — and bank accounts — and heading to Florida and other zero income-tax states.

By Marcia Heroux Pounds

Jan 9, 2020

The popular market in Hollywood has steadily gained popularity since it opened in 2010, even attracting celebrity chef Gordon Ramsay, who filmed a segment of “Master Chef” there.

By Lisa J. Huriash

Jan 8, 2020

As we kick off a new year, South Florida is at the forefront of a surge in home values that leads the nation, putting pressure on many buyers who can’t afford the homes they want.

By David Lyons

Jan 4, 2020

Brightline is changing its train schedules for 2020, creating departure times that better fit the demands of riders and adding night trips from Miami to cater to business commuters and leisure travelers.

Facing signs of a slowdown in South Florida real estate sales, developers are increasingly incorporating art into their sales pitches to sell multimillion-dollar single family homes and oceanfront condo towers. Here's a look at how it works.

By David Lyons

Dec 20, 2019

A hotel building boom is taking hold in Palm Beach County as the area's cities welcome new businesses from other regions and demand grows for more meetings and convention space. Between late 2019 and 2021, at least 14 hotel projects are scheduled to open with nearly a dozen more in the drawing boards, according to Discover The Palm Beaches, the county's tourism marketing arm.

By David Lyons

Oct 26, 2019

Spirit Airlines is ordering more than 100 new Airbus jetliners with improved seating and more legroom for passengers. The announcement comes after the company declared its intention to move its Miramar headquarters to Dania Beach near Fort Lauderdale-Hollywood International Airport.

By David Lyons

Oct 24, 2019

Brightline expects to more than double its annual ridership by adding three more stations across South Florida, which themselves would generate more than 2 million riders annually.

By David Lyons

Oct 23, 2019

The massive 450-foot guitar hotel towers above the Seminole Hard Rock Hotel and Casino Hollywood like a recently arrived space ship. There is nothing anywhere in the region that resembles it, and it’s unclear whether anyone fully understands its potential financial might.

By David Lyons

Oct 18, 2019

Robert Shapiro, who admitted founding a real estate investment business in Boca Raton that government investigators determined to be a $1 billion Ponzi scheme, was sentenced to prison Tuesday by a Miami federal judge. Shapiro, 62, pleaded guilty in September to multiple fraud and conspiracy charges. Prosecutors said he funneled $36 million toward his personal benefit.

By David Lyons

Oct 15, 2019

Norwegian Cruise Line has named singer Kelly Clarkson has the godmother to its 17th ship the Norwegian Encore. NCL’s president and chief executive officer Andy Stuart made the announcement on Clarkson’s new daytime talk show “The Kelly Clarkson Show." The ship makes it debut at PortMiami Nov. 21.

By Johnny Diaz

Sep 11, 2019

The stock of Boca Raton-based upscale theater operator iPic Entertainment has plunged to $1 after management said the company missed a loan interest payment and may need to file for bankruptcy protection. The company said it failed to make a $10 million payment due July 1 and has hired financial and legal advisers to help restructure its finances, according to a filing with the Securities and Exchange Commission.

By David Lyons

Jul 31, 2019

Malls in South Florida are entering into real estate to keep you literally living at the mall, while turning empty parking lots into money-making ventures.

By Lisa J. Huriash

Jul 29, 2019

Forbes values the Miami Dolphins at $2.58 billion in its latest list of the richest teams in all of sports. The Dolphins rank 33rd among all teams worldwide on a list that highlights the earning power of the NFL.

By David Selig

Jul 22, 2019

In a growing sign that higher rents are tightening their grip in the suburbs, the average prices to lease an apartment in several outlying Broward County cities have climbed above the $1,700 mark, according to a national survey.

After gambling took hold in Florida in the 1920s, the state passed its pari-mutuel law in 1931 allowing horse and dog racing. In 1935, about a decade after the first jai alai fronton made its appearance in Miami, the state allowed betting on the sport.

Isle Casino Racing Pompano Park hopes to trade the horses for jai lai as part of its proposed sweeping expansion. According to plans filed with Pompano Beach, the longtime harness racetrack will go in favor of a jai lai fronton with seating for 300. The plan will help Eldorado Resorts stay compliant with a 2004 vote that opened the door for pari-mutuels to pair up with casinos in Broward and Miami-Dade. But will jai lai fly? We'll look at how it plays in Dania beach.

To quell concerns about whether $165 million in bond money will be properly spent, Hollywood commissioners agreed to appoint 15 residents – including one student -- to an oversight committee. Problem is, no students applied.

By Susannah Bryan

Jun 12, 2019

You could spend $1,900 a night for a hotel during Super Bowl week.

By David Lyons

May 24, 2019