Finance News

Logo of Edge Steak and Bar located inside the Four Seasons Hotel in Miami

Power Lunch: If You Didn't Know About Edge in the Four Seasons, You've Missed Out

By Julie Kay |

Edge in the Four Seasons is the quintessential power lunch spot and lures lunchgoers with one of the few private dining patios on Brickell.

City National Bank Net Income Drops 7 Percent

By Eleazar David Melendez |

City National Bank of Florida saw net income in the past quarter drop to $9.5 million from $10.3 million a year before.

Total Bank headquarters

TotalBank Quarterly Net Income Drops 4 Percent

By Eleazar David Melendez |

The Miami-based reports quarterly net income dropped to $2.24 million compared with $2.33 million in the same quarter a year before.

Timothy Cook

Apple CEO Tim Cook: 'I'm Proud To Be Gay'

Apple CEO Tim Cook said he considers "being gay among the greatest gifts God has given me."

How Well Did the Fed's Stimulus Work?

Soaring inflation. A collapsing dollar. Bubbles in financial markets that would soon pop. One presidential candidate even suggested that the Federal Reserve chairman should be roughed up.

Tablet with chart displayed

CFPB Finds Homeowners Harmed by Loan Companies

The 3-year-old U.S. consumer protection agency said it discovered that the largest mortgage servicers have been mishandling loan modifications and harming borrowers since new rules came into effect in January.

India Slides, US Gains in Gender Equality Ranking

Indian women still face some of the world's worst inequality in access to health care, education and work, despite years of rapid economic growth, according to a survey of 142 nations released Tuesday.???

Spirit Reports Quarterly Earnings of $67 Million

Miramar-based Spirit Airlines said it had profit of 91 cents per share.

Madison Square Garden

Two Madison Square Gardens?

MSG has been considering since July a plan to house its sports teams and cable networks in one company and move its real estate assets and concert and entertainment business into another.

AutoNation

AutoNation's $4.9 Billion in Revenue Beats Forecasts

Fort Lauderdale-based AutoNation Inc. reported net income of $106.5 million in its third quarter.

Proposed FinCEN Rules Define Beneficial Ownership

By Bao Q. Nguyen |

The Financial Crimes Enforcement Network wants banks to strengthen customer due diligence and offers a definition for determining beneficial ownership.

Lawsuits: Air-Bag Maker Knew of Defects in 2001

Takata Corp., the Japanese parts maker at the center of a global auto-safety crisis, knew at least as early as 2001 of manufacturing defects that could lead its air bags to explode, U.S. drivers claimed in lawsuits.

HUD Urges AIG, MGIC to Back Fastest-Growing VA Loans

The U.S. Department of Housing and Urban Development is urging mortgage insurers that rely on Fannie Mae and Freddie Mac for business to offer supplemental protection for lenders to military members and veterans.

LeBron James

LeBron's $21M a Year Bringing Cleveland $215M

LeBron James is bringing more than his talents to northeastern Ohio. A new economy will come with the world's best basketball player.???