DIRS.INFO The most relevant business & tech news

☆ Tech workers flush with cash are turning Miami's suburbs into the new Beverly Hills
▼ + stars: | 2024-04-10 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

The most expensive neighborhood in America is in Coral Gables, Florida, Bloomberg reports. AdvertisementThe post-pandemic Florida real-estate boom just earned the state a new superlative. Today, seven of the 10 most expensive neighborhoods in the US are located in Florida, Bloomberg reported, citing data from Zillow. The priciest neighborhood in America is Gables Estates in Coral Gables, where a typical home costs $21.2 million, Bloomberg reported. Pre-pandemic, in 2020, the most expensive neighborhood in America was Beverly Hills Gateway, where a typical home cost a cool $10.6 million.

Persons: —, Jeff Bezos, BI's Eliza Relman Organizations: Bloomberg, Zillow, Tech, Service, Gables Estates, Business, Beverly Hills Gateway, Royal, Beverly Hills, Apple, Microsoft, Amazon Locations: America, Coral Gables , Florida, Beverly Hills, Florida, Coral Gables, Naples , Florida, , New York, Miami

☆ From the ocean views to naming the crocodiles: 4 Citadel employees open up about life in Miami two years after Ken Griffin made Florida his new home
▼ + stars: | 2024-03-14 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +18 min

Two of the people we spoke with moved from New York City, one from London, and one from Seattle. Citadel's Miami office overlooks the Biscayne Bay and downtown Miami. Citadel and Citadel Securities also cover the cost of a weeklong visit to Miami for employees and significant others who are considering moving there. Cupjin Huang just started his job as a quant researcher for Citadel Securities this year. AdvertisementCupjin Huang, a quant researcher at Citadel Securities, in Miami with his dog Rufus.

Persons: —, it's, Ken Griffin, Thoma Bravo, Goldman Sachs, Griffin, Lin, Manuel Miranda's, Hamilton, Maksim Solovjov, Miami doesn't, Rich Cummings, there's, Liz Boyhan, Cupjin Huang, Huang, Rufus, Pitbull, that's, Cummings, Solovjov, It's, you'll, Alexander Spatari, Inrix, she's, haven't, Fortune, he's, Boyhan, I've, fiancé Organizations: Service, Southeast Financial Center, Citadel Securities, Business, Bloomberg, Citadel, Citadel Citadel, Miami Dolphins, Miami, Prix, Citadel's, Downtown, Alibaba, BI, Key, New, New York City, Transportation, Fairchild, Botanic, Miami - Dade, Miami Beach, Google, UBS Locations: Miami, Biscayne Bay, Fisher, South Beach, York, Wall, New York, United States, New York City, London, Seattle, Magic, Bay, Florida, Downtown Miami, Brickell, Chihuahua, Hawaii, —, Orlando, Los Angeles, Coral Gables, Fairchild, Italian, Tua, Solovjov, Manhattan

☆ A Nerve Center for the Right Wing Rises in Washington
▼ + stars: | 2024-02-20 | by ( Robert Draper | ) www.nytimes.com time to read: +1 min

In the lobby of the grand Biltmore Hotel in Coral Gables, Fla., where a sprawling new force in Washington’s right-wing ecosystem, the Conservative Partnership Institute, was holding its winter conference, the former Trump legal adviser Cleta Mitchell was exultant. “Did you hear the ‘War Room’ today? Bannon was on fire!” she said to a friend. She was referring to the podcast hosted by Stephen K. Bannon, the former Trump White House senior adviser who had been condemning Republican senators for supporting billions of dollars in aid to Ukraine and Israel earlier that day. Ms. Mitchell was among some 150 conservative donors and activists who gathered in Coral Gables earlier this month to celebrate the ascendancy of a group that has become a well-paying sinecure for Trump allies and an incubator for the policies the former president could pursue if elected.

Persons: Trump, Cleta Mitchell, Bannon, Stephen K, Mitchell, Ben Carson, Byron Donalds, Florida — Organizations: Conservative Partnership Institute, Trump White House, Trump, Housing, Urban Development Locations: Coral Gables, Fla, Washington’s, “, Ukraine, Israel, Florida

☆ Lenders are bailing out of commercial real estate as a wave of debt builds
▼ + stars: | 2024-01-30 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +10 min

Roughly $2.1 trillion of debt connected to commercial real estate assets, including office properties, apartment buildings, hotels, and retail spaces, will come due between now and the end of 2025 in the US, according to the real estate services firm JLL. The wave of maturities and the enormous equity shortfalls have raised concerns that a growing number of commercial real estate debts will fall into distress, forcing banks and other lenders to suffer losses. His group tracked about $15 billion of commercial property debt sales during the year, roughly three times the volume from 2022. Commercial real estate loans differ from residential mortgages taken by homeowners in that most are interest-only or pay down their principal balance minimally and span a decade or less. More banks are exploring loan salesBanks and other lenders generally aren't eager to seize the real estate assets that collateralize their debt.

Persons: Jerry, Stephen Scouten, Piper Sandler, it's, Kevin Aussef, Aussef, David Tobin, Marcus, Millichap, Synovus, Tobin, David Frosh, they're, Frosh, Fitch, David Blumberg, we'd, Blumberg, Daniel Geiger, Rob Verrone, Banks, You've, Bliss Morris, Morris Organizations: Amerant Bank, Business, Banking, CIBC, Mission, PacWest, HSBC, Fidelity, Funding Inc, Blackstone, Bloomberg, Broadway, Aon Center, 601W Companies, Iron Hound Management, First Financial Locations: Coral Gables , Florida, Houston, Canadian, Brookfield, Los Angeles, Columbus, Manhattan, Midland, Chicago, Oklahoma City, New York

Two accused Moreno and Bernie Moreno Cos. of gender and age discrimination, respectively. The third, in which Moreno was not named, alleged race discrimination against a dealership run by a BMC subsidiary. A campaign spokesman said that the two employees who sued Moreno directly now support his Republican U.S. Senate campaign and that Moreno, who was born in Bogotá, Colombia, prided himself on giving equal opportunities to all his workers. Female former dealership supervisor Cara Wilson, then of Streetsboro, in Portage County, alleged Moreno repeatedly belittled her about being a mother, sometimes in front of her peers. In response to the AP's reporting, the Moreno campaign produced an open letter signed by 23 former female employees vouching that he treated them fairly and respectfully.

Persons: — Bernie Moreno, Moreno, Bernie Moreno Cos, Donald Trump, Frank LaRose, Sen, Matt Dolan, “ Bernie Moreno, MAGA, ” Trump, Jim Jordan, Ohio, Ken Blackwell, Democratic U.S . Sen, Sherrod Brown, Brown, Cara Wilson, Streetsboro, belittled, ”, Wilson, Moreno “, Ronell Thompson, Peter Mabley, Thompson, Dolores Wolfe, Wolfe, Conor McGuinness, “, Bernie, Robert Foehl, Foehl, it's, “ It’s, Andres Gomez Organizations: Trump, Senate, Cleveland, Associated, BMC, Republican U.S, Ohio, GREAT, United States Senate, U.S . Rep, GOP, Democratic U.S ., AP, Akron Infiniti, M9 Motors, Ohio University, M10 Motors, Gables Infiniti Locations: COLUMBUS , Ohio, Cuyahoga County, Bogotá, Colombia, Ohio, Portage County, Akron, Cleveland, Rocky, New York, U.S, Florida

The U.S. Food and Drug Administration is screening imports of cinnamon from multiple countries for toxic lead contamination after growing reports of children who were sickened after eating pouches of applesauce and apple puree. But the agency noted there have not been other reports of illness or elevated blood lead levels tied to the spice that's popular in holiday baking. One pouch of recalled WanaBana apple cinnamon puree collected from a Dollar Tree store was found to have lead levels more than 200 times higher than proposed FDA guidance would allow, officials said. Consumers should be aware that cinnamon may contain lead, she said, but the FDA's release on Friday said there’s no indication that cinnamon products other than the applesauce puree are affected. The recalled fruit products include pouches of WanaBana apple cinnamon fruit puree and Schnucks and Weis brand cinnamon applesauce.

Persons: Joanne Slavin, ” Organizations: . Food, Drug Administration, FDA, Coral, University of Minnesota, Centers for Disease Control, Prevention, CDC, Schnucks, Weis, American Academy of Pediatrics, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Ecuador, Coral Gables , Florida, Austrofood

Federal health officials are expanding an investigation into potentially lead-tainted pouches of apple cinnamon fruit puree marketed for children amid reports of more illnesses and additional product recalls. WanaBana of Coral Gables, Florida, previously recalled of all lots and expiration dates of its apple cinnamon fruit puree. State health officials analyzed multiple lots of the product and detected “extremely high” concentrations of lead. The FDA's Coordinated Outbreak Response and Evaluation Network is leading the investigation in cooperation with the U.S. Centers for Disease Control and Prevention and state and local health officials. Most children have no obvious symptoms, so it’s important that kids who are exposed get tested to check levels of lead in their blood.

Persons: Louis Organizations: U.S . Food, Drug Administration, Schnucks, St, Weis Markets, FDA, Eatwell Markets, U.S . Centers for Disease Control, American Academy of Pediatrics, AAP, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: U.S, Sunbury , Pennsylvania, Coral Gables , Florida, Schnucks, North Carolina

☆ Fruit Purée Pouches May Contain Lead, F.D.A. Warns Parents
▼ + stars: | 2023-10-30 | by ( Rebecca Carballo | More About Rebecca Carballo | ) www.nytimes.com time to read: +1 min

Federal health officials are warning parents and caregivers not to buy WanaBana apple cinnamon fruit purée pouches or feed them to their children because the product may contain elevated levels of lead. Children who have had the fruit pouches should be taken to a health care provider to get a blood test, the Food and Drug Administration said on Saturday. North Carolina health officials analyzed multiple samples of the fruit purée and detected “extremely high concentrations of lead,” the agency added. reviewed the findings and said that those lead levels “could result in acute toxicity.”The fruit purée pouches are sold nationally and are available through multiple retailers including Sam’s Club, Amazon and Dollar Tree. WanaBana, based in Coral Gables, Fla., agreed to voluntarily recall all WanaBana apple cinnamon fruit purée pouches, regardless of the expiration date.

Organizations: Food and Drug Administration, Sam’s Locations: North Carolina, . North Carolina, Coral Gables, Fla

The U.S. Food and Drug Administration is warning parents and caregivers not to buy or serve certain pureed fruit pouches marketed to toddlers and young children because the food might contain dangerous levels of lead. Children who have eaten WanaBana apple cinnamon fruit puree pouches should be tested for possible lead poisoning, the agency said. Four children in North Carolina were found to have high levels of lead in their blood linked to the puree products, health officials said. Lead exposure can seriously harm children's health, causing damage to the brain and nervous system and slowed growth and development. There is no known safe level of lead exposure, the AAP said.

Organizations: . Food, Drug Administration, FDA, Sam's, Amazon, American Academy of Pediatrics, AAP, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: North Carolina, Coral Gables , Florida

The person spoke to The Associated Press on condition of anonymity because the portal decision was not announced publicly. Cavinder and her twin sister Hanna played at Miami last season and helped the Hurricanes reach the Elite Eight. Haley Cavinder had told the AP last season that she planned to play one more college season; Hanna Cavinder said she was likely done playing. The twins announced in April they would not be playing this season. Haley Cavinder ended last season with 2,065 career points, which was 19th-most among all active Division I players.

Persons: — Haley Cavinder, Cavinder, —, ”, Instagram, Hanna, Haley Cavinder, Hanna Cavinder, Miami — Organizations: Associated Press, Miami, Hurricanes, AP, Fresno State, NCAA, Boost Mobile, womens Locations: Fla, Miami, Fresno, TikTok, New

“I made the wrong call,” Cristobal said. Miami led Georgia Tech 20-17 and could have been in victory formation — taking a knee to essentially end the game — when a running play was called. Don Chaney fumbled the ball with 26 seconds left, and Georgia Tech took over on its own 26-yard line. What’s said on the headsets is between us, and ultimately, I called the play. Cristobal said players have responded the right way, which is all he can ask.

Persons: Mario Cristobal, Shannon Dawson, “, ” Cristobal, Don Chaney, ” Dawson, … I’m, What’s, Cristobal, ” Miami, Chaney, Christian Leary, Kam, Lance Guidry, ” Organizations: —, Hurricanes, Georgia Tech, Yellow Jackets, Miami, Atlantic Coast Conference, ACC, AP Locations: Fla, — Miami, Miami, Carolina, ”, America

☆ Some restaurants are now adding $10,000 tiny stools for luxury handbags
▼ + stars: | 2023-07-11 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Some middle-tier restaurants are now stocking stools for diners to place their luxury handbags on. One restaurant in Paris even stocks Hermés stools that cost almost $10,000 a piece. Priced at $9,150, the stools are more expensive than many luxury handbags. "Fine-dining-only service points have made their way into more mainstream restaurants as service, generally, has become elevated across the industry." Such shoppers are generally more likely to be the target market for expensive restaurants touting their handbag stools.

Persons: Le, Shingo, Shingo Akikuni Organizations: Service, Bloomberg Locations: Paris, Wall, Silicon, Europe, Harbor, Massachusetts, Coral Gables, Circana

☆ Sure, It’s Stylish. But This Pool House Was Built to Withstand a Hurricane
▼ + stars: | 2023-06-03 | by ( J.S. Marcus | ) www.wsj.com time to read: 1 min

After relocating to greater Miami from Chicago in 2018, a Florida couple made only minor adjustments to the interior of the five-bedroom home they purchased for $7.34 million. The backyard pool area of the Coral Gables property, on the other hand, needed work. The existing open-air gazebo, they decided, was nice to look at but wouldn’t get much use in a climate marked by heat, humidity and the threat of storms.

Persons: wouldn’t Organizations: Coral Locations: Miami, Chicago, Florida, Coral Gables

☆ Hurricanes of Data: The Tiny Craft Mapping Superstorms at Sea
▼ + stars: | 2023-05-09 | by ( Porter Fox | ) www.nytimes.com time to read: +35 min

The Tiny Craft Mapping Superstorms at Sea Shortly after dawn on Sept. 30, 2021, Richard Jenkins watched a Category 4 hurricane overrun his life’s work. That August, a sister ship, SD 1031, successfully entered Tropical Storm Henri, but only in its early stages. Hurricane research, modeling and forecasting requires many terabytes of data for every square mile the storm passes through, including vitally important sea-level data from inside a storm. The next day, the depression was upgraded to a tropical storm and officially given the name Sam. And four months later, Tropical Storm Megi killed more than 150, wiped out several villages with landslides and displaced more than a million people.

☆ In Coral Gables, a Waterfront Home Set on 2 Acres Asks $69.9 Million
▼ + stars: | 2023-04-10 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. A waterfront estate in Coral Gables, Fla., is coming on the market for $69.9 million.

☆ Inside Peloton's rapid rise and bitter fall — and its attempt at a comeback
▼ + stars: | 2023-02-19 | by ( Gabrielle Fonrouge | ) www.cnbc.com time to read: +9 min

"It felt like nothing could get in the way of all that," said a former engineer who attended the party. For this report, CNBC spoke with 16 current and former Peloton employees, the majority of whom declined to be identified because they are not permitted to speak publicly about the company. Foley, meanwhile, spoke briefly with CNBC by phone, saying that while Peloton's stock has fallen, the company has not. Peloton's stock price was slowly sliding down, and employees began to panic as they saw their paper wealth evaporate. By June 30, the end of Peloton's fiscal year, the company's full-year net loss ballooned to $2.83 billion.

Today, there are 54 Hispanic American banks and credit unions that are FDIC or NCUA insured around the US. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated in September 2022. In our list of Hispanic American-owned banks and credit unions, many of the institutions listed offer customer support in Spanish and English. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. To help you learn more about a specific Hispanic American-owned bank or credit union, we've included links to reviews of individual institutions.

☆ Mortgage rates drop after CPI report, but the housing market is far from out of the woods
▼ + stars: | 2022-12-13 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

The report sent investors rushing into U.S. Treasury bonds, causing yields to drop. Mortgage rates follow loosely the yield on the 10-year Treasury. But rates then fell sharply in November, after the CPI report for October indicated that inflation was cooling. Some suggested, albeit cautiously, that the drop in rates might be bringing buyers back to the market. Yearly was referring to a very brief rate drop in August.

☆ Fact Check-Tampa Bay Times headline saying Jeb Bush organizing fundraisers for Ron DeSantis is from September 2018
▼ + stars: | 2022-11-08 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A Tampa Bay Times headline which says former Republican Florida governor Jeb Bush is organizing a fundraiser for current Governor Ron DeSantis was published in September 2018, when DeSantis was running for governor. One user who shared the headline on Nov 6 said: “DeSantis is cozying up with the America Last Bush Clan... Money talks. The headline is not recent The original article is viewable (here) and was published on Sept 14, 2018. “The story that you’re referencing is actually a story from our partners at the Miami Herald,” Michael Van Sickler Assistant managing editor, news at the Tampa Bay Times told Reuters. The headline was first published by the Miami Herald in September 2018 when DeSantis was running for Florida state governor.

2020 boundaries Miami Beach Detail Miami Kendall 2022 boundaries The 27th District’s redrawn boundaries now include Republican areas west of Miami. 2020 boundaries 2022 boundaries The 27th District’s redrawn boundaries now include Republican areas west of Miami. Miami Beach Detail Miami Miami Kendall Kendall Miami Beach, which largely voted for President Biden, is now part of another district. 2020 boundaries 2022 boundaries Florida Florida The 27th District’s redrawn boundaries now include Republican areas west of Miami. Detail Miami Beach Miami Miami Kendall Kendall Miami Beach, which largely voted for President Biden, is now part of another district.

☆ $100 million is the new frontier for South Florida luxury homes, says agent Dina Goldentayer, who sold $750 million in real estate last year via chauffeured car, helicopter, and golf cart
▼ + stars: | 2022-09-27 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +4 min

Griffin's $100 million buy is more than double the 2019 record for Miami's priciest single-family home. A Golden Beach compound is on the market for $100 million — and is being marketed as a gut job. "Now $100 million seems to be the threshold that captures the public's imagination. While Miami's ultraluxury market thrives, its less-pricey sectors are beginning to normalize, Miller said. Douglas Elliman's South Florida market reports, which Miller compiles, point to a slowdown in new signed contracts, but that's in comparison with the supercharged market of 2021.

Today, there are 56 Hispanic American banks and credit unions that are FDIC or NCUA insured around the US. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated on June 30, 2022. In our list of Hispanic American-owned banks and credit unions, many of the institutions listed offer customer support in Spanish and English. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. To help you learn more about a specific Hispanic American-owned bank or credit union, we've included links to reviews of individual institutions.

Search resuls for: "Coral Gables"

22 mentions found