South Florida business news

Market Basket Board OKs $1.5 Billion Sale to Ousted CEO

Market Basket Board OKs $1.5 Billion Sale to Ousted CEO

Market Basket's board of directors has signed a deal to sell the grocery chain to former CEO Arthur T. Demoulas for more than $1.5 billion, following months of massive employee protests and customer boycotts over his June ouster. "Effective immediately, Arthur Watch »

Aug 28, 2014
AA Pulls Fares Off Orbitz.com

AA Pulls Fares Off Orbitz.com

American Airlines says they've pulled their fares off of websites powered by Orbitz after being unable to come... Watch »

6 hours ago
American Airlines to Stop Listing on Orbitz

American Airlines to Stop Listing on Orbitz

American Airlines and US Airways are pulling flight listings from Orbitz-run websites in a long-running dispute over... Read »

Aug 26, 2014

"Millennial" Market Not Lovin' McDonald's: Report

It looks like millennials aren’t munching on McDonald’s as much as they used to. Read »

Aug 26, 2014
Burger King Buying Tim Hortons for About $11B

Burger King Buying Tim Hortons for About $11B

Burger King is buying Canadian coffee-and-doughnut chain Tim Hortons Inc. for about $11 billion, creating... Read »

Aug 26, 2014
Amazon Buying Twitch for $970 Million in Cash

Amazon Buying Twitch for $970 Million in Cash

Amazon is buying video game streaming platform Twitch Interactive for $970 million in cash as it seeks to expand its... Read »

6 hours ago
Clippers Owner Ballmer Steps Down From Microsoft Board

Clippers Owner Ballmer Steps Down From Microsoft Board

Steve Ballmer on Tuesday left Microsoft's Board of Directors, citing new commitments as owner of the Los... Read »

Aug 19, 2014
McDonald's to Sell Packaged Coffee in Supermarkets: Report

McDonald's to Sell Packaged Coffee in Supermarkets: Report

Fans of McCafe will be lovin’ the latest McDonald’s news. The fast food chain announced plans to start selling its... Read »

Aug 19, 2014
Cisco to Lay Off Up to 6,000 Workers

Cisco to Lay Off Up to 6,000 Workers

Cisco says it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a Read »

Aug 13, 2014
U.S. Judge Threatens Argentina Over Debt Comments

U.S. Judge Threatens Argentina Over Debt Comments

A U.S. judge threatened to hold Argentina in contempt of court Friday for continuing to make "false... Read »

Aug 8, 2014
LinkedIn to Pay $6 Million in Unpaid Wages, Damages

LinkedIn to Pay $6 Million in Unpaid Wages, Damages

The Labor Department says the professional networking service LinkedIn has agreed to pay nearly $6 million in unpaid... Read »

Aug 4, 2014
CVS Purchasing Navarro Pharmacies

CVS Purchasing Navarro Pharmacies

Pharmacy giant CVS Caremark will buy Navarro Discount Pharmacy in a deal that will give CVS the nation’s... Read »

Jul 14, 2014
Google Buys Music Streaming Service Songza

Google Buys Music Streaming Service Songza

In an effort to play a role in the online music business, Google has acquired streaming music service... Read »

Jul 1, 2014
George Lucas

George Lucas "Star Wars" Museum to Head to Chicago

Chicago has come out on top in the intense competition for the Lucas Cultural Arts Museum. City Hall... Watch »

Jun 26, 2014
Citizens Insurance May Lower Rates in 2015

Citizens Insurance May Lower Rates in 2015

Florida's largest property insurer may be dropping its rates next year. Read »

Jun 23, 2014
Local Business Cashing in on World Cup

Local Business Cashing in on World Cup

As teams from Germany, Ghana, Nigeria, and the United States battle it out in Brazil at the quadrennial World... Watch »

Jun 16, 2014
Amazon to Launch Local Services Marketplace This Year: Report

Amazon to Launch Local Services Marketplace This Year: Report

Amazon later this year plans to launch a marketplace for local services that provides information that... Read »

Jun 10, 2014
United Frequent Flier Program to Reward Big Spenders

United Frequent Flier Program to Reward Big Spenders

Travelers who fly the most and pay the most will soon earn more miles on United Airlines'... Read »

Jun 10, 2014
Florida Consumer Confidence Declining

Florida Consumer Confidence Declining

Florida's consumer confidence is dipping slightly. Read »

May 27, 2014
Drugmaker Pfizer Drops $118B Bid to Buy British Pharma Company

Drugmaker Pfizer Drops $118B Bid to Buy British Pharma Company

Drugmaker Pfizer has abandoned its bid to buy British pharmaceutical giant AstraZeneca for nearly $118 billion. Read »

May 26, 2014
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