business

Jennifer King / JKING@MIAMIHERALD.COM

The first time Gloria Estefan stepped onto The Tonight Show, she wore a form-hugging gold metallic dress designed to sparkle in the stage lights and open-toed platform heels evoking Carmen Miranda. The fashion genius behind her eye-catching entrance: Franco Carretti, owner of Miami’s ABC Costume Shop.

CEOs have become increasingly outspoken on a variety of political issues — from race relations to LGBTQ rights to higher age restrictions on gun and tobacco sales.

The latest example of this corporate activism came this week, when the leaders of more than 180 businesses — including MAC Cosmetics, electronic payments company Square and clothing-maker Eileen Fisher — signed a letter opposing restrictive abortion laws enacted recently in several states.

Ten state attorneys general have filed a lawsuit to try to block the merger of telecom giants T-Mobile and Sprint.

Just about eight months after Barnes & Noble revealed it was exploring a possible sale, the embattled bookseller has settled on a buyer.

The mega-chain, which boasts 627 locations across the U.S., announced Friday that the Elliott Management Corp. has agreed to buy Barnes & Noble for about $683 million — a price tag that includes the bookseller's debt, which Elliott will take on as part of the deal.

If you've had a manicure lately, chances are you probably had it done at a nail salon run by people of Vietnamese heritage.

The salons are everywhere — in nearly every city, state and strip mall across the United States. So how did Vietnamese entrepreneurs come to dominate the multibillion-dollar nail economy?

Filmmaker Adele Free Pham set out to answer that question in a documentary called Nailed It. Growing up in Portland, Ore., she says, she observed that all the nail salons around her were Vietnamese run.

Editor's Note: If you're a Walmart greeter — or know someone who is — and would like to share your story with NPR, please reach out to us at tech@npr.org.

If you ask John Combs what his biggest worry is, he'll say: "How will I feed Red?"

Red is actually white. He's a labradoodle rescue, just tall enough for Combs to pet if he reaches over the armrest of his wheelchair. Combs, 42, has cerebral palsy. He has difficulty speaking. But he has no difficulty saying the line most Americans have heard at least once: "Welcome to Walmart!"

Adam Berry / Getty Images

The business community in Florida is monitoring the Brexit turmoil across the pond.

 

This week, British lawmakers rejected a deal to leave the European Union. The United Kingdom is facing a March 29 deadline without a clear direction.

courtesy: CMX Cinemas

When the CEO of movie theater chain CMX Cinemas moved to Miami in October, he says the immigration officer at Miami International Airport did a double take when he looked at his passport. After all, the CEO’s name is Jose Martí.

 

No, the CMX Cinema boss says he is not related to the Cuban hero and writer.

 

But like his Cuban namesake, Jose Leonardo Martí is coming to America with big dreams. He plans to build a major American movie theater company in a few short years.

 

Courtesy 4Ocean

Andrew Cooper and Alex Schulze, two millenials and keen surfers, celebrated their graduation from Florida Atlantic University business school with a holiday in Bali in 2015. They were horrified by the amount of plastic washing up on the beaches and decided to do something about it, putting their brand new business degrees to work.

The result is 4ocean, a cleanup company that, in less than two years, has cleaned up over two million pounds of plastics from coastlines around the globe.

U.S. executives have long known the risks of traveling to China with cellphones and laptops. Theft of intellectual property and cyberattacks underlie trade tensions between the two countries.

But executives are more skittish than usual these days.

"Certainly Canadian and American business executives are a bit spooked about traveling to China right now," says Amy Celico of business advisory firm Albright Stonebridge Group.

Jessica Rivas

"Immigrant Powered" is a new campaign centered around the contributions immigrants make to South Florida's economy.

Citrus Growers Get A Dose Of Good News

Oct 12, 2018

A year after Hurricane Irma ravaged Florida’s citrus industry, growers are on pace to slightly surpass their production from two years ago.

California will be the first state to require publicly traded companies to have at least one woman on their board of directors.

The law, signed by Gov. Jerry Brown on Sunday, requires public companies whose principal executive offices are located in California to comply by the end of 2019. The minimum is two female directors if the company has five directors on its board, or three women if it has seven directors by the close of 2021.

Satellite radio giant SiriusXM is buying the Oakland, Calif.-based digital radio company Pandora in an all-stock deal valued at $3.5 billion, the companies announced Monday. The deal is expected to close in early 2019.

The merger would create "the world's largest audio entertainment company," SiriusXM CEO James Meyer said in a conference call. The deal would still need to be reviewed by antitrust regulators and shareholders, he added.

Suzana Blake / NOAA Fisheries

Hurricane Irma cost Florida's fishing industries almost $200 million, according to a damage assessment released by the state and federal governments.

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