Prosper Group and Versluys Group have paid $50 million for a development site in Miami’s Brickell district, where they plan to build a $650 million condo tower, the joint venture announced. The 1-acre assemblage includes three parcels: one along the Miami River, with more than 300 feet of water frontage, as well as two adjacent…
Key insight: Under a revised open-banking proposal, banks are expected to be allowed to charge fees to fintechs and other third parties that want to access customer financial data. What’s at stake: The proposal has not been publicly released but could be issued any day now that it has been submitted to the White House’s…
No trend has been more foundational to Wall Street’s historic bull market over the last four years than the evolution of artificial intelligence (AI). Empowering software and systems with the tools to make autonomous, split-second decisions is a technology that can improve growth rates and margins for most sectors and industries. Few companies have grabbed…
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News Published: Wednesday, August 5, 2026, 22:44 [IST] Air India has named aviation veteran Tewolde Gebremariam as its new Chief Executive Officer (CEO) and Managing Director (MD), marking a significant leadership transition as the Tata Group-owned airline enters the next phase of its long-term transformation. The appointment comes at a time when the carrier is…
The FIFA World Cup was a major success in many ways, but perhaps not the blockbuster event the U.S. hospitality industry was hoping for. Prior to the tournament, soccer’s global governing body announced that the organization had received more than 500 million requests for the 7 million tournament tickets FIFA was selling. Such demand was…
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Kurt McAlpine, CEO of Miami-based Corient, attributes the firm’s more than doubling its clients’ assets since the start of this year to a few factors. But the most critical, in his view, is a bet he made when the Corient brand launched in 2020: that an RIA should be run similarly to other professional services…
To effectively define B2C sales, start by understanding that this model focuses on direct transactions between businesses and individual consumers. Identify key characteristics like shorter sales cycles and the importance of emotional marketing. Think about how personalizing experiences can enhance customer loyalty. Consider the shift from traditional methods to digital platforms, and recognize the role…
The dust has not yet settled on Salad and Go’s surprise bankruptcy and the abrupt closure of all of its locations, but a fellow Arizona-based restaurant brand is not wasting any time. Dutch Bros Coffee is moving to buy 51 locations from Salad and Go, which collapsed this week after the ongoing Cyclosporiasis outbreak had…