business

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.

Movie theater subscription service MoviePass will not be raising prices, as it had announced last week, but will instead be capping the number of times that subscribers can visit movie theaters.

For $9.95 per month, MoviePass subscribers used to be able to see a movie in theaters every day, if they so chose. Beginning on August 15, the service will instead provide three movies per month.

The days of plastic straws are drawing shorter.

Marriott International on Wednesday became the latest big company to announce it will stop using plastic straws, saying it would remove them from its more than 6,500 properties by next July. The giant hotel chain said it will stop offering plastic stirrers, too.

Updated at 9:15 a.m. ET

The European Commission has fined Google $5 billion for violating the European Union's antitrust rules — specifically, by forcing manufacturers of Android phones to install the Google search app and the Chrome Web browser.

"Google has used Android as a vehicle to cement the dominance of its search engine," Commissioner Margrethe Vestager said in a statement. "These practices have denied rivals the chance to innovate and compete on the merits."

Have you ever noticed something most virtual assistants have in common? They all started out female.

One of the most famous, Amazon's Alexa, got her name because of CEO Jeff Bezos' preference. "The idea was creating the Star Trek computer. The Star Trek computer was a woman," says Alex Spinelli, who ran the team that created the software for Alexa.

Spinelli is now the chief technology officer of LivePerson. His boss, CEO Robert LoCascio, is bothered by that story about Alexa.

Several months into the Trump administration's aggressive rollout of tariffs on imported products, the results are piling up across the American business landscape. And not all of them are negative.

In Hillsboro, Ore., a solar plant got a second chance at life after tariffs on imported solar panels went into effect in January.

French Beauty Salon Brings European Culture To Miami

Jun 13, 2018
Kathleen Dubos

Bonjour, comment-allez vous?

On a recent Wednesday, two women sit on leather chairs with foil on their heads. Suddenly a brown-haired stylist says with a strong French accent, "Madame Medeiros, it’s time to rinse your colour." 

About 50,000 French expats live in Miami-Dade County, according to the French Consulate in Miami. They open shops and restaurants as a way to bring home and their culture to South Florida.

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