In what could be a pivotal move in the worldwide beverage arena, Chicago-based Reyes Beverage Group has reached an agreement to acquire Gold Coast Beverage Distributors, Inc. Terms of the acquisition, scheduled to close in January, have not been disclosed, but the transaction stands to place Reyes ... More >>
A former Versailles restaurant worker has filed a discrimination and harassment lawsuit that includes sordid allegations of sexual misconduct by Versailles' Felipe Valls Sr. According to the lawsuit, filed this past August 29 in Miami-Dade Circuit Court, Ayler Ayala was a cashier at Miami Internati ... More >>
Burger King's merger with Canadian coffee join Tim Hortons is official. While the company will keep the burger chain's corporate headquarters right here in Miami, the corporation will become a corporate citizen of Canada. That means they'll be paying their corporate tax bill to our northern neighbor ... More >>
America's largest Hispanic-owned pharmacy chain is set to become a subsidy of a Fortune 500 company. CVS Pharmacy is set to buy Miami-based Navarro Discount Pharmacy. The chain will continue to operate under its original name and will mostly focus on Hispanic customers.
LeBron James is going multimedia. The two-time champ is teaming with premium cable channel Starz to produce a sitcom that isn't quite autobiographical, but its easy to see where the inspiration comes from. The show, currently titled Survivors' Remorse, follows the lives of two kids from the street ... More >>
Florida's three-tier alcohol distribution system prevents manufacturers from distributing their own product to retailers or customers, but Eddie Leon from Most Wanted Brewery--now known as MIA Brewing Company--found a work-around: invest in a new distribution company. Under Florida's beer statute ... More >>
It seems only fitting that the rising kingpin of electronic dance music, Robert F.X. Sillerman, is using Winter Music Conference and Miami Music Week as a platform to make some still secret announcement regarding his recent acquisition of ID&T North America, the U.S division of the Netherlands-based ... More >>
Things have gone sour for Banah Sugar. The fledgling, troubled Hialeah-based sugar company has filed for bankruptcy protection less than a year after city and county leaders renamed a local roadway "Banah Sweet Way" and promised to give the firm $400,000 in tax breaks if it hired 300 people. On Jul ... More >>
Are you a fan our Best of Miami issue, right? Of course you are! You're still holding on to last year's issue crossing off the places you've visit and are eagerly awaiting until June comes along for a new set of restaurants, nightclubs, and shops to hit up. You've even gone so far as to download the ... More >>
With his icon status its easy to forget that LeBron James was just a child in the '90s, and like all millennials he recognize 1996 film Space Jam as the true cinematic masterpiece that it is. So obviously King James would love nothing better than to star in Space Jam 2, which really, the world deser ... More >>
In a private party for franchise owners and key employees, Miami Subs chief executive Richard Chwatt announced a partnership with recording artist Pitbull that will see a major rebranding and expansion of the restaurant chain.The Fort Lauderdale-based company, which formed in the 1980's, hit its str ... More >>
Apparently Jerry Power wasn't joking about Plum TV's sad financial state. The company, which produces local television in luxury markets such as Miami Beach and the Hamptons and for a short while was in the magazine business, announced it has filed for Chapter 11 bankruptcy protection. Meanwhile, ... More >>
It's been a rough week for American Airlines. Not only did the company file for bankruptcy protection, but a widow is claiming her husband died sweaty after eating the airplane chicken. According to the suit, Miamian Othon Cortes and his wife Raquel were on a flight from Barcelona to New York's JFK ... More >>
It may not be as dramatic as last July's personnel change, but the Miami Heat have a new CEO and they didn't have to look far. Nick Arison will take over the position from his father, team owner Micky Arison.
Genaro "Chip" Iglesias is back at County Hall. Carlos Gimenez is turning to a trusted face to help him run Miami-Dade County government. Banana Republican has confirmed Gimenez is bringing back Genaro "Chip" Iglesias, whom we predicted last week would be part of the new mayor's team. Iglesias wil ... More >>
Concern over a looming budget gap and leadership turmoil has led Moody's, the bond rating agency, to downgrade its outlook on the City of Miami's $226 million in obligations from "stable" to "negative," according to an investor's report obtained by blogger Al Crespo. The agency also down ... More >>
944, the magazine for people who find Ocean Drive too challenging of a read, is closing. The chain of glossies with a Miami Beach edition published its last set of issues with the June edition, and then will be no more. The company filed for bankruptcy protection last year, and though it found a ... More >>
Remember Leonard Abess, the former banker who sold his company and gave $60 million to his own employees? Well, he's just been named the new chairman of the board of trustees at the University of Miami.
via YouTubeTom Crutchfield was grazed by a bullet after an argument with his business partner. The story of the stand-off at a Homestead reptile farm has more twists and turns than a snake slithering through the jungle. Riptide has learned that Bruce Stephenson was found dead after a stand off wi ... More >>
ViaSteven Posner, 67, a member of one of Miami Beach's most wealthy and notorious families, died yesterday in a collision of two "go fast" boats off the coast. The death comes just months after Steven's twin sister Gail passed away after a fight with cancer. They were the eldest children of Victo ... More >>
LIV's signature sky boxes are mimicked at its Sun Life Stadium outpost. Last month, Miami Dolphins CEO Mike Dee announced a partnership between Sun Life Stadium and Miami Marketing Group to bring the South Beach nightlife experience to Dolphins home games. Well, this diabolical concept has a name ... More >>
Jacob KatelMiami Heat demigod Dwyane Wade's life got a bit simpler today when he settled a series of lawsuits with former business partners. The dollar amount of the settlement to the suits, which stem from a thwarted chain of restaurants and a charter school bearing his name, is confidential ... More >>
The owners of the Fontainebleau Miami Beach borrowed about $620 million to complete its recent $1 billion makeover, but according to Business Week, they haven't made payments on any of the loans since September. Now BW says they're offering a restructuring plan to lenders. Yes, yet another Miami ... More >>
An estimated 800,000 people in South Florida are going hungry, and food pantries are struggling to meet the demand. [SunSentinel]Upcoming Miami Conference on the Caribbean features Crowley Maritime Corp, a company that ships food from Ft. Lauderdale to Cuba. [SunSentinel]Venezuelan billionaire who p ... More >>
You know the economy has really gotten bad when our beloved sports stars start filing for bankruptcy. Former UM quarterback and NFL star Bernie Kosar filed for chapter 11 today, according to the Herald.According to the filings, Kosar reported his assets are only worth between $1 million and $10 mill ... More >>
Amongst a certain crowd in South Beach, which gym you go to is almost as important as which night clubs you frequent. I found this out first hand when I joined a fancy SoBe Gym, luckily it wasn't Crunch. The "designer gym" chain has twenty-two locations in trendy neighborhoods in six major cities, i ... More >>
In legendary outlaw haven North Bay Village, a prominent physician's reputation is on the line.
I imagine being stuck on a boat with a bunch of cruise ship people is bad enough, but recently returning to Miami I was stuck on a plane full of cruise ship people. Pure airline hell: horrendously behaved toddlers, people eating strange smelling food, and quite a few folks who maybe should have aske ... More >>
Celebrations begin at 5:30 p.m. April 16 for the grand opening of Lime Fresh Mexican Grill's Midtown Miami location (3201 N. Miami Ave.). Free beer samples from Dos XX will be on tap. There will be complimentary hors d'oeuvres, cocktails and, tacos, and a mariachi band promises to be on hand to anno ... More >>
Poor Donna Shalala. While she's not busy being president of University of Miami she sits on the board of directors for various companies. Duties for which she gets paid nothing, but which must be causing stress at the moment. She's a director of both Lennar and Gannett. While she's not involved in t ... More >>
Is Norman Edelcup's spat with Thee Dollhouse about community values or cronyism?
Photo via Political Masks Two Miami-based corporations reported their recent earnings this week, and taken together we can only assume Americans are getting fatter and wearing less clothes. Burger King reported a profit surge of 42% in its fiscal fourth quarter due to increased sales, but margins ... More >>
As of yesterday, the long talked about merger between satellite radio giants, Sirius and XM radio, is one step closer to happening. FCC chairman Kevin Martin, approved, on principal, a merger which would allow the two companies to become one based around a series of concessions and a three-year pric ... More >>
Tonight were feeling blue, not black
Groovin for Bags
Dashing doggy is more than just a pretty face
The North America trade pact remains a battleground
Miami's chapter of the Audubon Society loses a leader and gains critics
Health Crisis Network's stunning financial meltdown has spurred an outpouring of concern and a raft of rumors
Funding cuts, allegations of fraud, and a marriage gone sour: La Liga Contra SIDA falls on hard times
When Hugh Westbrook pioneered hospice care, his organization saw to the needs of the dying. Fifteen years later nothing has changed -- except the politics and the profit margins.
Southeast Bank's vast art collection awaits the auction block