Mitt Romney is still reeling today from the leaked video showing him hobnobbing wealthy donors with the worst kind of rich guy bashing on the lazy 47 percent. But who was Romney wining and dining with such a cringe-worthy speech?A South Florida millionaire playboy, of course! Turns out he was speaki ... More >>
Nowadays, Republican presidential hopeful Mitt Romney has got plenty of money. More than $200 million of it in secret accounts around the world, in fact. But when he launched Bain Capital in 1983, Romney had trouble raising the cash for the private equity project. So he turned to super-wealthy Centr ... More >>
Less than two years after Burger King was sold to private investors, another Miami-Dade-based national restaurant chain is going private. It was announced today that Angelo, Gordon & Co.'s Private Equity Group will pay $296 million for Benihana, Inc. and take the chain private.
Tedd BernardA Miami Internet entrepreneur is looking to bank on the demise of MySpace. Tedd Bernard is chief executive of Almostfamous.com, a small company developing a social media platform for musicians to interact with fans and talent agents."Now that MySpace is dying, Almost Famous can step in ... More >>
The takeover of Burger King by private equity firm 3G Capital continues to have an aftertaste for longtime employees worse than their cardboard-y fries. The Miami-based, quick-meat chain has laid off 413 workers company wide, with about 261 of those coming out of South Florida. The brunt of those la ... 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 >>
It's a super sized King Deal. Burger King, one of the largest companies headquartered in Miami-Dade and second largest fast food chain in America, has agreed to sell itself to 3G Capital Management Inc., a New York-based private investment firm backed by several Brazilian businessmen. Burger King ... More >>
Douglas Suarez, Jose Gonzalez and Joel Cloralt, three of Worsterer.com's founders, posing with a dress installation by artist Theresa Marie Calluori, currently on exhibit at Windisch-Hunt Gallery.Wednesday was that time of the month again when local tech and social media pros gathered to share id ... More >>