There are parallels in South Florida as to what a disaster like Hurricane Harveyโor a direct hit by Hurricane Irmaโcould do in South Florida. One hint came in June when a flooding threat in western Broward and Miami-Dade counties prompted federal officials to allow emergency pumping...
The Berkshire Hathaway portfolio is well stocked with dividend payers, but for income investors seeking well-priced payouts, a small number stand out. Warren Buffett loves dividend stocks โ especially those of companies that prioritize steady payout growth: Berkshire Hathaway's (NYSE:BRK-A) (NYSE:BRK-B) stock portfolio is loaded with dividend payers. However, many...
Dr. Phillip Frost is celebrated as one of the most successful entrepreneurs in South Florida, but thereโs a lot more to him than that. As our cover story shows, Frost is not only a philanthropist, heโs a role model leading by example on how giving is...
โบ Developers 13th Floor Investments and Key International celebrated the topping off of The Harbour, a 32-story condominium development in North Miami Beach. โบ Miami International Airport rolled out its U.S. Customs and Border Protection authorized passport control app, making MIA the first in the world...
โบ Modernizing Medicine has expanded its operations, adding more than 800 new jobs in Boca Raton. โบ A new zoning initiative for Class-A offices has been proposed in downtown West Palm Beach. โบ West Palm Beach-based Alliance Bio-Products was approved to purchase an Indian River biofuel plant. โบ...
By Kevin Gale When it comes to serial entrepreneur success among South Floridaโs billionaires, Dr. Phillip Frost continues to lead the list. Frost and a partner bought struggling Key Pharmaceuticals in 1972 and sold it to Schering-Plough for $835 million in 1986. He sold Ivax Corp....
Dear Mr. Berko: Our dear daughter is married to an engineer who recently went to work for a company called Rudolph Technologies in New Jersey. He recently advised us to buy $10,000 worth of the stock. We don't understand what our son-in-law does and we...
By Andrea Rchard Pop artist Romero Britto was looking to change banks, but instead of going big, he went small. Thatโs unusual, because nothing about the Brazilian-born, Miami-raised artistโs success is small. He is known around the world for colorful art that incites smiles. He has built...
Pensam develops multipronged business strategy By Kevin Gale Starting a real estate business during the meltdown in 2009 might sound counterintuitive, but it worked well for Michael Stein and Pensam Capital. He and two partners started with a 1,000-square-foot office in Miamiโs Brickell area, seizing on opportunities in...
New clubhouses provide broad array of amenities By Martin Lenkowsky Todayโs golf club isnโt the same as the one appreciated by your cigar smoking grandfather. he latest trends in making a clubhouse cool focus on one major theme: amenities. In this land of myriad country...
