Analysis: What’s next as Magic Leap founder steps down
By Kevin Gale Rony Abovitz, who founded Magic Leap in his garage in 2011 and harvested billions of dollars in financial backing, announced he will step down as CEO. He
Miami Beach launches @ExperienceMiamiBeach
As Miami Beach plans to receive tourists in hotels starting June 1, a tourism group has launched a social campaign, “From Miami Beach, With Love” @ExperienceMiamiBeach on Facebook, Instagram and
Wynwood business group supports commuter rail proposal
The Wynwood Business Improvement District is throwing its weight behind a proposal for Brightline/Virgin Trains USA to build five commuter rail stations along the Florida East Coast Railway tracks near
Pandemic adds to worries about hurricane season
An above-normal 2020 Atlantic hurricane season is expected, according to forecasters with NOAA’s Climate Prediction Center, a division of the National Weather Service. The outlook predicts a 60% chance of
App helps with reopening of workplaces
As South Florida workplaces reopen, SFBW held a timely “Virtual Connect” interview with John Bernot, chief medical officer of Bravado Health. The West Palm Beach company has developed an app
Federal bureau, credit repair group launch legal fight
The controversial Consumer Financial Protection Bureau is becoming embroiled in litigation with credit repair companies. Greenspoon Marder, based in Fort Lauderdale filed a lawsuit in the U.S. District Court for
Magic Leap reportedly raises $350 million
Magic Leap had warned the state it would lay off 402 employees, but that’s apparently not happening after it raised $350 million, according to Business Insider. The news site said
Fort Lauderdale International Boat Show has $1.3 billion economic impact
The 2019 Fort Lauderdale International Boat Show generated $1.3 billion in statewide economic output, up 51 percent from a 2015 study that found $857 million in output. Thomas J. Murray
Help for Palm Beach County businesses
The Palm Beach County Board of County Commissioners on May 15 approved the CARES Restart Business Grants Program to accelerate the reopening of businesses hardest hit by COVID-19. The $60
Time to worry about fraud
Securities fraud levels rise in periods of economic downturns so there are reasons to be concerned about improper dealings during the COVID-19 pandemic, says Douglas Cumming, Ph.D., a professor of
TradeStation launches cryptocurrency trading
Photography by Eduardo Schneider Investing and trading in cryptocurrencies can be an adventure, but it’s also an opportunity for TradeStation, a Plantation company often lauded as the top brokerage for
Miami Beach votes to reopen beach, hotels
One of the biggest tourism engines in South Florida, Miami Beach, is planning to let its beach and hotels reopen on June 1, pending county approval. The commission approved the