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☆ One of the US's busiest cruise ports can't keep up with America's love for vacations at sea — but an urgent new terminal will help meet the demand for giant cruise ships
▼ + stars: | 2024-05-23 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

Port Canaveral announced new plans to build a seventh cruise terminal by 2026. But Port Canaveral is running out of space as demand for these vacation voyages continues to skyrocket. When complete, it could accommodate the world's largest cruise ships, including Royal Caribbean's new 1,198-foot-long, 9,950-person-capacity Icon of the Seas. The project would've taken three to four years to complete — too long a timeline for Port Canaveral. "We can't shut down operations at Port Canaveral because the state can't get the road infrastructure in a timely manner," he added.

Persons: —, John Murray, Murray, Royal Caribbean's, Brittany Chang, Ross Klein, UCG, Jamie Glasner, Glasner Organizations: Canaveral, Infrastructure, Service, Disney, Sunshine State, Port Canaveral, Canaveral Port, Royal, Business, MSC Group, Disney Cruise, Memorial University of Newfoundland, Glasner, US Customs, Border Protection, Florida Department Locations: Florida, Miami, Canaveral, Port Canaveral, Port, Caribbean

☆ I grew up in Florida and used to want to live anywhere else. Now that I'm older, I wouldn't dream of leaving
▼ + stars: | 2024-05-17 | by ( Ashley Archambault | ) www.businessinsider.com time to read: +5 min

Now that I'm an adult, and I've traveled all around the state and country, I've grown to appreciate where I'm from. I spent the first 24 years of my life in Miami, and now live in a smaller Central Florida town off of the Space Coast. Although I wouldn't live in Miami again, I'll happily keep a quaint old Florida town near the beach as my forever home. Fortunately, I'd say it's really only brutally hot in Florida for three months out of the year, from July through September. Living near a beach is important to meI'm embarrassed to admit that I used to take the beach for granted.

Persons: —, I've, I'm, Alexander Spatari, Augustine, Ernest Hemingway, you've Organizations: Service, Business, Getty, Sunshine States, Disney Locations: Miami, Florida, Central Florida, snowbirds, St, America, Key West

☆ Barron Trump gets into politics
▼ + stars: | 2024-05-09 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

Barron Trump is set for to share in Donald Trump's big moment. Trump's youngest son will be a delegate to this July's Republican National Convention. Florida Republicans selected Barron Trump, 18, as an at-large delegate to the Republican National Convention in Milwaukee this July. Tiffany Boulos, Trump's youngest daughter, and her husband, Michael, are also at-large delegates. Trump, who also served in the Trump administration, said she would stay away from her father's bid to reclaim the White House.

Persons: Barron Trump, Donald Trump's, —, Trump, Barron, Juan Merchan, Donald Trump Jr, Eric Trump, Tiffany Boulos, Michael, Kimberly Guifoyle, Ivanka Trump, Jared Kushner, Ron DeSantis, Joe Biden Organizations: Republican National Convention, Service, Florida Republicans, Politico, NBC, Republican, Former Fox News, Trump Jr, White, Sunshine, Florida Gov, Trump Locations: Milwaukee, Florida

☆ Donald Trump says he doesn't care too much about his legal troubles: 'Life is life'
▼ + stars: | 2024-05-05 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Read previewDonald Trump told attendees at a private donor event in Florida on Saturday that he wasn't too bothered about his numerous legal troubles. Nevertheless, Trump told those in attendance that he was shocked when he first found out he had been indicted. I got indicted," Trump said, per the report. REUTERS/Jane RosenbergDuring the Mar-a-Lago event, Trump also took the opportunity to hit out at Democrats, saying they were "running a Gestapo administration," referencing the Nazi secret police force. Doug Burgum, Ohio Sen. JD Vance, Florida Sen. Marco Rubio, and Florida Rep. Byron Donalds.

Persons: —, Donald Trump, It's, Trump, Stormy Daniels, Jane Rosenberg, Biden, South Carolina Sen, Tim Scott, Elise Stefanik, Doug Burgum, Doug Burgum , Ohio Sen, JD Vance, Florida Sen, Marco Rubio, Byron Donalds, Mike Johnson, cochair Lara Trump, Donald Trump's Organizations: Service, Mar, NBC News, Business, REUTERS, Manchurian, Republican National Committee's, Sunshine, CNN, Tim Scott , New York, North Dakota Gov, Florida Rep, House GOP Locations: Florida, New York, China, Russia, Ukraine, Sunshine State, South Carolina, Tim Scott ,, North, Doug Burgum , Ohio

☆ I booked a premium ticket on Florida's high-speed Brightline train for just $44. The first-class experience was fabulous.
▼ + stars: | 2024-05-03 | by ( Molly O'Brien | ) www.businessinsider.com time to read: +1 min

Brightline, a high-speed train operating in Florida, offers an alternative to road and air travel. A premium ticket offers first-class amenities like snacks, drinks, and access to a special lounge. The Orlando to Miami journey from end to end takes about three hours and thirty minutes. On a sunny Saturday in March, I took a Brightline train from Fort Lauderdale to West Palm Beach. I decided to splurge on a premium ticket for $44 — $20 more than a regular ticket — and I'm glad I did.

Persons: — Organizations: Service, Miami —, Sunshine State, Google Locations: Florida, Orlando, Miami, South Florida, Fort Lauderdale, West Palm Beach

☆ Trump doesn’t rule out political violence if he loses, and other takeaways from his Time interview
▼ + stars: | 2024-04-30 | by ( Steve Contorno | Kate Sullivan | ) edition.cnn.com time to read: +9 min

CNN —Former President Donald Trump wouldn’t dismiss the potential for political violence from his supporters if he isn’t elected in November, suggesting it would depend on the outcome of the presidential race. “I don’t think we’re going to have that,” the presumptive GOP nominee told Time magazine. It always depends on the fairness of an election.”The remarks came in a wide-ranging interview with the magazine that published Tuesday. But pressed by the magazine in a later phone interview, Trump was less definitive about the future. Throughout his political career, Trump has regularly refused to accept the results of an election or commit to a conceding defeat.

Persons: Donald Trump wouldn’t, ”, Benjamin Netanyahu’s, Trump, they’ll, ” Trump, Texas Sen, Ted Cruz, Hillary Clinton, Trump baselessly, Ron DeSantis, “ Will, “, Joe Biden’s, “ Donald Trump’s, ” Biden, Julie Chavez Rodriguez, Roe, didn’t, Netanyahu, – Trump, Netanyahu “, Soleimani –, Evan Gershkovich “, Alexey Navalny, Vladimir Putin, Navalny, Jamal Khashoggi, Prince Mohammed bin Salman, bin Salman Organizations: CNN, Time, Israel, Capitol, Texas, Florida Gov, Republican, Trump, Sunshine, Hamas, Capitol Hill, “, Wall Street, Kremlin, Saudi, CIA, United Nations Locations: Lago, Florida, Washington, Iowa, Florida , Texas, Arizona, Israel, Russia, American

☆ Miami is 'ground zero' for climate risk. People are moving to the area and building there anyway
▼ + stars: | 2024-04-26 | by ( Greg Iacurci | ) www.cnbc.com time to read: +20 min

South Pointe Beach in Miami Beach, Florida. Climate risk is "always on our thoughts," said Habibian, 39, who moved to Miami-Dade County about six years ago. Despite that risk, 66% of Miami-Dade County residents said they'd never leave, according to a study published in the journal Climate Risk Management. "We try to be smart about it, try to be proactive as best we can," Arditi said of climate risk. Juxtaposed at left was one of the last remaining patches of mangroves in the urban Miami area, a living memorial to a once-thriving population.

Persons: Greg Iacurci, Daniel Habibian, Harold Wanless, Sonia Brubaker, Saul Martinez, Andrew Rumbach, Rumbach, Joe Raedle, Irma, Al Diaz, they'd, Steven Bustamante, Bustamante, Jeff Greenberg, There's, David Arditi, Arditi, Aria's, Jeff Bezos, Goldman Sachs, Douglas Sacks, Ken Griffin, Brubaker, Biscayne Bay . Miami Worldcenter, Chandan Khanna, Dion Williams, Williams, Dion, Todd Crowl, Crowl, We're, Erik Salna, Chris Baraloto, Rita Teutonico, Amy Knowles, Knowles, it's, City of Miami Beach Greg Iacurci Miami Organizations: Greg Iacurci MIAMI, University of Miami, City, CNBC, Cumming Group, Florida Department of Transportation, Bentley, Bloomberg, Getty, Urban Institute, Organisation for Economic Co, Miami, Volunteers, Florida Keys, Miami Herald, Tribune, Service, Dade, Risk, Yale University's School of, Finance, SEC, Miami Beach, Universal, Group, Aria Development, National Association of Realtors ., Miami Realtors, Amazon, Citadel, Resorts, Bloomberg News, Dade County's, Getty Images, Residences, Pointe Park, Fifth, Afp, Federal Emergency Management Agency, Management, Sunshine, Insurance, Institute, Florida International University Institute of Environment, Hurricanes, University of Pennsylvania, International Hurricane Research, of, Florida International University, City of Miami Beach Locations: Pointe Beach, Miami Beach , Florida, Miami, South Beach, Dade, City of Miami, Dade County, New York, Fort Lauderdale, West Palm, South Florida, Florida, Tampa, St . Petersburg, Miami , Florida, Southeast Florida, Miami Beach, City, Aria's Miami, U.S, California , New York, New Jersey, America, Caribbean, New York City, Biscayne Bay . Miami, Pointe, It's, Surfside, . Florida, Biscayne Bay, Miami's, Bermuda, Kampong, Coconut Grove, Brittany Bay, South Pointe, City of, Brittany Bay Park

☆ I'm a Democrat who moved to Florida to be closer to my boyfriend. I was nervous about the politics and weather but have been most dismayed by the cost of living.
▼ + stars: | 2024-04-20 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +9 min

David Maughan, 32, moved from Richmond, Virginia, to Oakland Park, Florida, last year. As a progressive, Maughan said he was nervous about Florida's culture war politics. Everyone says the weather in Florida is great, but they don't realize that Florida is hot hot. David Maughan and his boyfriend Brandon were long-distance for three years before David moved to Florida in August 2023. David Maughan said he's been able to make friends in the Florida LGBTQ community by joining an adult sports league.

Persons: David Maughan, Maughan, he's, —, David, Brandon, Richmond, I'm, They've, it's, I've, disenfranchisement, hasn't, David Maughan Florida, We've, It's, He's Organizations: Service, Sunshine State, Business, Democrat, Democratic, Oakland Park, Broward Young Democrats, Sunshine Locations: Richmond , Virginia, Oakland Park , Florida, Florida, South Florida, Central Pennsylvania, Virginia, Richmond, Oakland, Fort Lauderdale, Broward County, Wilton Manors

☆ I moved my family down south to Florida over 7 years ago. I mostly love it, but life here has been filled with surprises.
▼ + stars: | 2024-04-17 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

My family moved from Maryland to Florida over 7 years ago, when my teens were in elementary school. From hurricane parties to political protests, I've experienced a lot and I love living here. Florida is more than just Walt Disney World and gators, but both of those exist here. AdvertisementIt's been over seven years since my husband and I chose to relocate our family from Maryland to Florida. It's a decision I've never regretted once, but living in the Sunshine State is very different from life in the Northeast.

Persons: I've, —, It's Organizations: Walt Disney World, Service, Sunshine State, Disney, Business Locations: Maryland, Florida, Sunshine

☆ 13 times Trump’s abortion position shifted over the last 25 years
▼ + stars: | 2024-04-09 | by ( Steve Contorno | Kate Sullivan | ) edition.cnn.com time to read: +11 min

“But we’re not going to allow and we’re not going to fund, as long as you have the abortion going on at Planned Parenthood. Four months later, Trump signed a bill allowing states to withhold federal money from organizations that provide abortion, reversing an Obama-era regulation. “Nobody has ever done more for Right to Life than Donald Trump,” Trump said in an interview. March 19, 2024To the confusion and frustration of some within his campaign, Trump more recently had flirted with supporting a federal abortion ban at 15 weeks. “We’ll be making a statement next week on abortion,” Trump teased instead.

Persons: Donald Trump, Trump, “, ”, Ronald Reagan, ” Trump, we’re, I’ve, Trump’s, Chris Matthews, ” Matthews, Hillary Clinton, Roe, Wade –, ’ ”, –, Dobbs, Republicans didn’t, they’ve, Ron DeSantis, DeSantis, it’ll, Kellyanne Conway, South Carolina Sen, Lindsey Graham, Floridians, Wade Organizations: CNN, “, Press, GOP, Trump, Republican, MSNBC, Democratic, Life, Dobbs, Jackson, WIN, LIFE, United States Supreme, Republicans, ”, White Locations: America, United States, Washington, South Carolina, Florida, Grand Rapids , Michigan

☆ A millennial shared how her family is pursuing their American dream after moving from Scotland to Florida. She's enjoying the beaches and weather but finds Florida can be expensive.
▼ + stars: | 2024-04-07 | by ( Madison Hoff | ) www.businessinsider.com time to read: +11 min

Now her family is living their American dream in South Florida. Peacock's family is just one example of people pursuing the American dream, which can mean different things to different people, like achieving homeownership. Some Gen Zers see the American dream has changed from how older peers may have seen it. For us, the American dream is also the weather and the beach lifestyle, and we have that." "We're legally entitled to do the last stage from within the country, but it's a very complicated and lengthy process," Peacock said.

Persons: Amber Peacock, Peacock, we'd, didn't, Zers, She's, We've, we've, America Peacock, they're, We're, Brit Peacock, Aunty Bubs, they've, It's Organizations: Service, Business, Sunshine State, YouTube Locations: England, Scotland, South Florida, America, New York, Florida, Edinburgh, Lincolnshire, Memphis , Tennessee, Tennessee, Memphis, Nashville, Nashville , Tennessee, Texas, Chicago, West, East

CNN —Donald Trump made an unexpected declaration Tuesday when probed about a six-week abortion ban that will soon take effect in his home state of Florida. “We’ll be making a statement next week on abortion,” the former president told reporters in Grand Rapids, Michigan. Other close advisers, however, have expressed concern that Trump will give further ammunition to Democrats by supporting any new restrictions on abortion. “It was bound to happen at some point where he needed to clarify his position,” a Trump adviser told CNN. Ron DeSantis was courting the state’s evangelical community by running to Trump’s right on the issue.

Persons: Donald Trump, “, ”, Trump, Roe, Wade, Kellyanne, Conway, Carolina Sen, Lindsey Graham, Ralph Reed, ” Graham, Joe Biden’s, ” Roe, greenlit, Sunshine State –, they’re, it’s, it’ll, ” Trump, Sid, Trump’s, Vincent Haley, Ross Worthington, Haley, Worthington, she’s, Lindsey Graham’s, Susan B, Anthony Pro, Brian Hughes, — I’ve, — Trump, Graham, Reed, Marjorie Dannenfelser, Ron DeSantis Organizations: CNN, White, US, Republican, Democratic, Trump, Lago, and Freedom Coalition, Florida Supreme, Sunshine State, “, Fox News, New York, Friends, Trump . Leaders, GOP, Republicans, SBA, Mar, Florida Gov Locations: Florida, Grand Rapids , Michigan, Kellyanne Conway, Mar, ”, Carolina, Trump, Graham’s, Michigan, Nashville , Tennessee, Roe, vocalize, Iowa

☆ Abortion and the Florida Fakeout
▼ + stars: | 2024-04-03 | by ( Jess Bidgood | ) www.nytimes.com time to read: +1 min

It seemed, for a while there, that 2024 was going to be The Presidential Election Year Without Much Florida. Florida, which was once the ultimate battleground state but has tilted redder in recent years, seemed like it would basically sit this election out, like a retiree with a cocktail watching pickleball from the sidelines. Not so, President Biden’s campaign said this week. On Monday, the Florida Supreme Court upheld a ban on abortions after six weeks of pregnancy. At the same time, it also ruled that a proposed constitutional amendment that would guarantee the right to abortion “before viability,” usually around 24 weeks, could go on the November ballot.

Persons: Ron DeSantis, Donald Trump, Biden’s Organizations: Gov, Republican, Sunshine State, Florida’s Locations: Florida

Referendums protecting abortion access are on a winning streak nationwide, including in states far more red than Florida. Outside of Barack Obama’s 2008 and 2012 victories, Democrats have struggled to find success in Florida while Republicans are on a roll. The GOP now controls every statewide Cabinet office in Florida, its two US Senate seats and both state legislative chambers. In 2016, Trump won Florida despite a medical marijuana initiative on the ballot that Democrats hoped would aid their performance. “There is nothing more common than Democrats claiming they have some magical way to win Florida and they always come up short,” Power said.

Persons: can’t, Floridians, –, Biden, ” Julie Chavez Rodriguez, Alex Sink, Trump, ” Sink, ”, Joe Biden, Donald Trump, Barack Obama’s, Obama, Ron DeSantis, “ It’s, Matt Isbell, Michael Bloomberg, ” Chavez Rodriguez, Brian Hughes, “, it’ll, Roe, Wade, Chavez Rodriguez, Nikki Fried, Evan Power, ” Power Organizations: CNN, Democratic, Electoral, Florida, Sunshine State, ” Longtime Democratic, GOP, Trump, Biden, Florida Democratic, Democratic Party, Republican Party of Locations: Florida, Nashville, Grand Rapids , Michigan, Republican Party of Florida

☆ How Trump’s greatest policy triumph could derail his bid to win back the White House
▼ + stars: | 2024-04-02 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

The Florida Supreme Court issued a separate ruling on Monday that could energize Democrats’ efforts to hold Trump to account on abortion. The ex-president has long been wary of taking a definitive stand against abortion rights. But some Republicans are infringing the spirit of the Supreme Court ruling – which sent the issue back to individual states – by pushing for a national ban. And Democrats believe they have an issue, in abortion rights, that could thwart him – despite Biden’s own unpopularity. Democrats are delighted since they have had considerable success in using ballot initiatives to protect abortion rights or reject further restrictions.

Persons: Donald Trump’s, Trump, Roe, Wade, Ron DeSantis, ”, it’ll, Joe Biden –, –, he’d, “ What’s, ” Trump, “ You’re, ’, He’s, Biden, we’ve, Julie Chavez Rodriguez, DeSantis, There’s, Florida Republican Sen, Rick Scott, Scott, Democratic Sen, Bill Nelson, he’s, Debbie Mucarsel, Powell Organizations: CNN, Republican, Florida’s, Gov, Biden, Florida Supreme, Trump, GOP, Democratic, Republicans, Sunshine State, Florida Republican Locations: Florida, Trump’s, Kansas, Ohio, Alabama, United States, Michigan , Montana , California, Kentucky, Republican Ohio

☆ The Key to Winning the White House: Math
▼ + stars: | 2024-03-29 | by ( Susan Milligan | ) www.usnews.com time to read: +6 min

So the Biden campaign is casting its eyes farther afield: South, to be specific, with North Carolina as a primary target and Florida part of the mix as well. That makes North Carolina and its 16 Electoral College votes a tantalizing prospect for the Biden campaign. But if the Democrat also picked up North Carolina, he'd win, 276 electoral votes to 262 for Trump. Biden and Harris also made a rare joint appearance in North Carolina earlier this week. Former President Barack Obama did win North Carolina in 2008 – but that was a somewhat fluky situation, says North Carolina Republican operative Jonathan Felts, who worked in the George W. Bush White House, noting Obama's unusually aggressive push in the state.

Persons: Joe Biden's, Donald Trump's, Biden, Christopher Cooper, Biden –, Cooper, Trump, –, he'd, Mark Robinson –, Kamala Harris, Harris, Julie Chavez Rodriguez, Barack Obama, Jonathan Felts, George W, Bush, Felts, Carolina Forward Organizations: Electoral, Trump, Haire Institute for Public, Western Carolina University, Marist Institute, Public, Biden, Democrats, – Trump, Democrat, Sunshine, GOP, Democratic, North Carolina, North Carolina Republican, Carolina Locations: Arizona , Georgia, Michigan, Nevada , Pennsylvania, Wisconsin, North Carolina, Florida, Georgia, Michigan , Pennsylvania, Swing States, Arizona, Nevada, Wisconsin , Nevada , Georgia, Trump . Florida, Parkland , Florida, Trump's, . North Carolina, Southern, Raleigh, Durham, Greensboro, Winston, Salem, Asheville, Wake County

☆ A boomer couple left coastal Florida after 3 decades for rural Missouri because the Sunshine State 'is definitely not paradise anymore'
▼ + stars: | 2024-03-28 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

But after decades by the water in Florida, Meaders said Florida "is definitely not paradise anymore." Meaders wanted to be closer to her son and grandson, and the couple wanted a small-town feel. AdvertisementMany older Americans continue to flock to Florida, though some have recently told Business Insider they've had enough of the Sunshine State. Meaders and Dunne met in Brevard County after Dunne moved back. They've found the hospitality of everyone in their community much improved, noting that many people in her small Missouri city recently moved from California.

Persons: Sherry Meaders, James Michael Dunne, Meaders, they've, millennials, Missouri Meaders, Dunne, Rockledge, We're, it's, she's, They've, We've Organizations: Service, Business, Sunshine State, Bureau, Survey, Coast Guard, Bell System, Daytona, Kansas City Locations: Florida, Missouri, Virginia, Georgia, Texas, Kansas City, Rockledge, Brevard County, Cocoa Beach, Cape Canaveral, Chicago, Pacific, Alaska, Fort Lauderdale, Orlando, Volusia County, Daytona Beach, Africa, Miami, America, Kansas, In Florida, California

☆ New Yorkers who make six figures won't save as much moving to Texas and Florida anymore
▼ + stars: | 2024-03-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

New Yorkers have historically moved to Florida and Texas to save money on taxes and other expenses. AdvertisementIn December, Rahul Sen Sharma told Business Insider that he was moving from New York to Miami — and bringing his company with him. New Yorkers moving to Texas for many of the same reasons will also face sticker shock. The savings gained by moving to Florida and Texas are dwindlingUtilities, gas, and housing are just a few expenses that have gotten pricier in Florida and Texas since 2019. "The property-tax percentage rate is higher," Marie Bailey, a Texas real-estate agent who moved from California, told Business Insider's Alcynna Lloyd.

Persons: —, Rahul Sen Sharma, Sen Sharma, BI's Phil Rosen, Jeff Bezos, Ken Griffin, SmartAsset, Dallas, Alexander Spatari, Realtor.com, Jaclyn DeJohn, SmartAsset's, Wager, Robert Walsh, Marie Bailey, Insider's Alcynna Lloyd Organizations: Service, Miami —, Bloomberg ., New, Miami, relocators, Miami . Miami Beach, Bloomberg, Business, Sunshine State, CBS, Fort Locations: Florida, Texas, New York, Miami, NYC, Austin, Florida and Texas, Dallas, Miami ., Manhattan, Fort Lauderdale , Florida, Fort Lauderdale, California

☆ Boomers fed up with Florida are moving to southern Appalachia, fueling a population spike in longtime rural communities
▼ + stars: | 2024-03-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Boomers who once flocked to Florida are increasingly ditching the state for southern Appalachia. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementFor decades, Florida has remained a top destination for retirees looking to settle down roots as they enjoy their golden years. Many boomers moving into southern Appalachia have also bypassed Florida altogether. But some new residents fear Dawson County will simply become a northern outpost of the vast Atlanta metropolitan region, known for its suburban sprawl.

Persons: Boomers, —, Ed Helms, Johnnie, Billy Thurmond Organizations: Service, Street Journal, Northeast Locations: Florida, Appalachia, Midwest, Southwest Virginia, North Georgia, North Carolina, South Carolina, Alabama, Tennessee, Appalachian, Dawson County , Georgia, Dawsonville, Atlanta, Dawson, Pickens, Panama City Beach , Florida, Dawson County

☆ Citadel's relocation to Miami was a success. But can Ken Griffin get the rest of Wall Street to do it?
▼ + stars: | 2024-03-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at how two of the most powerful Wall Street firms are doing two years after relocating to Miami . Nearly two years ago the billionaire uprooted his hedge fund, Citadel, and market maker, Citadel Securities, from their Chicago headquarters to Miami. Employees at Citadel and Citadel Securities spoke to Business Insider's Emmalyse Brownstein about life in the new HQ . Shares tumbled 55% after The Wall Street Journal reported that Fisker had hired restructuring advisors to assist with a possible bankruptcy filing.

Persons: —, we're, sarayut Thaneerat, Tyler Le, Ken Griffin, Samantha Lee, San Francisco, Griffin, Anita Kot, Dogecoin, Elon Musk, Ned Davis, Fisker, Patrick Pleul, Andrew Cabellero Reynolds, Jenny Chang, Rodriguez, Sam Altman, Muhammad Ali, Steven Mnuchin, BI's Peter Kafka, Ezra Bailey, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Business, Wall, Citadel, Citadel Securities, Sunshine State, Miami, New York, Ned Davis Research, Street Journal, Elon, OpenAI, Google, KKR, Benz Locations: Miami, Florida, Chicago, New York, London, York, Plenty, San, Austin, He's, Blackstone

☆ Why The Players Championship is called golf’s ‘fifth major’
▼ + stars: | 2024-03-12 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

1 Scottie Scheffler is aiming to do something unprecedented this week – retain The Players Championship title. What is The Players Championship? The Players Championship is an annual event on the PGA Tour. Why is The Players Championship so important? Players that are signed to the Saudi-backed rival LIV Golf League are prohibited from competing at The Players and all other PGA Tour events.

Persons: Scottie Scheffler, golf’s, ’, Jack Nicklaus, Scheffler, Jared C, Tilton, Adam Scott, “, It’s, Sam Greenwood, Rory McIlroy, Justin Thomas, LIV, Cameron Smith, LIV Golf Organizations: CNN, American, PGA, The, Sunshine State, U.S ., Getty, ”, Sky Sports, PGA Tour, LIV Golf League Locations: Ponte Vedra Beach , Florida, Saudi

☆ We skipped a wild spring break in Miami Beach. Instead, we had a blast relaxing with retirees in Florida an hour north.
▼ + stars: | 2024-03-11 | by ( Molly Mcguigan | ) www.businessinsider.com time to read: +4 min

Last year, my friends and I spent our spring break an hour north of the madness of Miami Beach. Instead, we headed about an hour north of Miami toward the quiet oceanside community Hillsboro Beach for our own relaxing spring break. AdvertisementWe'd chosen to skip the ragers and bad behavior associated with spring break, especially spring break in Miami. If we were hungover on a crowded Miami Beach, we would've missed out on forming this unlikely friendship that crossed generational divides. He told us he was surprised by our choice for an alternative spring break, but he understood.

Persons: untraditional, —, We'd, Molly McGuigan, would've, we'd, Uber, he'd, Miami partygoers —, He'd Organizations: Service, Sunshine State, Miami Beach, Miami partygoers Locations: Miami Beach, Miami, Florida, oceanside, Hillsboro Beach

☆ 10 U.S. metro areas where homes are selling the fastest—none of them are in Florida
▼ + stars: | 2024-03-11 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

Creditnews Research, an independent research house, released its new ranking of the fastest-selling housing markets in the U.S. To do a pre-Covid versus 2024 comparison, the study used metrics from January 2020 to January 2024. Five of the top 10 fastest-selling metros were also among the top areas that lost the most per-capita housing inventory since the beginning of the pandemic. Florida had one of the strongest housing markets during the pandemic, according to CNBC's America's Top States for Business ranking, but not a single city in the state ranked in Creditnews Research's top 10. It's a signal that the housing market in the Sunshine State isn't what it used to be.

Organizations: Research, U.S, Business, Creditnews, Sunshine State Locations: U.S, East Coast, Florida, America's, States

☆ Florida condo owners are stuck in a 'train wreck' as prices drop and mounting insurance rates scare away buyers
▼ + stars: | 2024-03-10 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Read previewThe Florida condo market is caught in a storm. By contrast, median condo prices nationally rose 8% over the same period, to around $340,000. A deepening insurance crisis for Florida homeownersThe rising cost of insurance has been a long-simmering problem in Florida. Recently, he walked away from buying a $300,000 condo in North Palm Beach that would have come with a $4,500 annual insurance bill. On his own single-family home in Palm Beach Gardens, Forina added, his annual insurance premium, which was $2,600 in 2017, jumped to $8,200 in 2024.

Persons: —, It's, Joe Humphfner, rusk, Florida homeownership, Holly Meyer Lucas, Meyer Lucas, Anthony Forina, Forina, Humphfner Organizations: Service, Business, Sunshine State, Farmers Insurance, Bankers Insurance, Homeowners, Wall Street Journal, Condo, Humphfner Locations: Florida, Jupiter, West Palm, Jacksonville, Miami, Coral, Florida's, South Florida, North Palm, Palm Beach

CNN —Miami Beach may be breaking up with spring break, but spring break isn’t moving on just yet. Video Ad Feedback Miami Beach wants to break up with spring break 00:50 - Source: CNN“This isn’t working anymore,” a young actor says in a viral YouTube video announcing the “breaking up” campaign. So you become hopeful again.”‘We hope it’s an amicable separation’On a visit to Miami Beach on Tuesday, the Republican governor stood with Miami Beach Mayor Steven Meiner to announce the deployment of state troopers to enhance security. In 2022, the City of Miami Beach similarly imposed a midnight curfew after two spring break shootings left five people injured on Ocean Drive. The area seemed tame, she said, compared to previous “crazy” spring break stays in Fort Lauderdale, about 35 miles north.

Persons: Ron DeSantis, ”, David Wallack, ” Wallack, Miami Beach’s, Wallack, Miami Beach Mayor Steven Meiner, ” DeSantis, “, “ We’ve, ” Meiner, Wayne Jones, ” Jones, Jones, Black Floridians, weren’t, Katie Ryan, Marta Lavandier, ’ ” Ryan, Avery Caimes, marveled, Mark Evenson, it’s Organizations: CNN, Miami, Florida Gov, Sunshine State, Miami Beach, Republican, Miami Beach Mayor, Miami City Commission, Miami Beach Police Department, Miami Beach police, Black Locations: Florida, Miami Beach, Miami, South Beach, Panama City, Daytona Beach, Fort Lauderdale, City of Miami Beach, South Florida, City, Biscayne Bay, Connecticut, Minnesota

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