Macy's to close Palm Beach Mall store, 10 others nationwide
Macy?s Inc. said Thursday morning it will close 11 "underperforming" stores, including its 190,000-square-foot store at the struggling Palm Beach Mall on Palm Beach Lakes Boulevard in West Palm Beach.
Poor holiday retail season has some stores closing on Treasure Coast
While big-box retailers remain mum on holiday sales, mom-and-pop shops at the Treasure Coast's malls aren?t mincing words describing their 2008 holiday season. ?Traffic was really slow,? said Morteza Shahheidari co-owner of Tiffany?s Tea & Crafts, a loose-tea and eclectic tea accessories gift shop that opened at the Indian River Mall in 2003. ?It was really, really bad this year, much worse than last year, and it was bad last year.?
Two more eateries can't survive economy, competition
On Monday, the Strip House, a well-regarded steak house from New York, closed its Palm Beach Gardens restaurant after less than three years. Also shuttered: Aqua Grille in the Legacy Place shopping center, also in Palm Beach Gardens.
Social Security goes online just in time for the Baby Boomer rush
The Social Security Administration, envisaging the near-future prospect of 10,000 baby boomers applying for benefits every day, has put together a new online service that will allow people to get their benefits without ever traveling to a Social Security field office.
Liberty Medical, beer distributor announce up to 870 jobs in St. Lucie County
As companies across the Treasure Coast cut back, St. Lucie County economic development officials announced on Tuesday that up to 870 jobs are coming to Port St. Lucie and Fort Pierce. About 800 of the jobs will be new hires for call-center positions with Liberty Medical Supply, one of Port St. Lucie?s largest employers, which has already started its hiring process for its facilities along U.S. 1.
Ginn files for bankruptcy protection for Tesoro, other project
Two affiliates of Celebration-based Ginn Resorts last week filed a flurry of Chapter 7 petitions. Ginn sought bankruptcy protection for Tesoro and for Quail West in Naples. Tesoro will continue operations under the supervision of the bankruptcy court and a court-appointed trustee until the property is sold, Ginn said in a statement.
18% annual drop in October puts home prices at 2004 levels
The Standard & Poor's/Case-Shiller 20-city housing index released Tuesday fell by a record 18 percent from October last year, the largest drop since its inception in 2000. The 10-city index tumbled 19.1 percent, its biggest decline in its 21-year history.
Bank bids to buy Seasons at Tradition for $23 million at foreclosure auction
If no one contests Monday morning's foreclosure auction, KeyBank will buy back the 1,200-home Seasons at Tradition development from the bankrupt Levitt and Sons for $23 million.
FBI looks to hire some 3,000 agents and workers
The FBI has posted the largest job opening since immediately after the Sept. 11, 2001, terrorist attacks.
Liberty Medical, distributor bringing up to 870 jobs to St. Lucie
As companies across the Treasure Coast cut back, St. Lucie County economic development officials announced on Tuesday that up to 870 jobs are coming to Port St. Lucie and Fort Pierce. About 800 of the jobs will be new hires for call-center positions with Liberty Medical Supply, in Port St. Lucie. Meanwhile, J.J. Taylor Companies, the second-largest beer distributor in the state, intends to move 70 positions from Stuart to Fort Pierce.
Market booms for male nurses
Shawn Blouin started nursing school because he wanted to help people, to share the compassion he witnessed on a missionary trip last summer down the Amazon River.
SpaceX may bring 1,000 new jobs to the Space Coast
SpaceX and a Virginia company were awarded multibillion-dollar NASA cargo contracts Tuesday to resupply the International Space Station and possibly bring about 1,000 new jobs to the Space Coast.
Wal-Mart in West Palm taking applications for 300 jobs today
If you're looking for a job, a major retailer is looking for a few good workers and will start accepting applications on Monday morning.
Richard White: Board president, if a director, must vote on all issues, not just to break ties
This is a common question. The source apparently is a misunderstanding of Roberts Rules. No place in Roberts does it say the president does not vote except to break ties. In most situations, the president was elected as a director by the members first and would be considered a director first and an officer second.
Liberman and Lavine: How to evaluate an investment
We often hear hype about the newest and hottest investments. But once we hear the sales pitches, we're frequently surprised when we conduct our own analyses of what they're truly offering.
Richard White: Board must tread carefully with private-property rights
Our HOA board recently enacted a Uniform Real Estate Sign rule that included the following statement: "Any sign, flag, banner, or advertising device in violation of the provisions in this section will be removed and discarded by a representative of the board without prior notice or obligation to the offending party."
Shelley Owens: Chef proves a small business can be a hot dog stand in PSL
Chef Dennis Wilson knows. He owns Pug Mahone's Hot Dog Trailer Concessions, which he operates in a parking lot across from Scott's Tire Service in Port St. Lucie.
Milt Thomas: Real-life situations? Or just one of Aesop's Business Fables?
Anyone with a degree in business administration has probably heard the oft-told story about an immigrant Italian who owned a thriving hot dog stand. He had earned enough over the years to send his son to a prominent business school. After graduating, the well-educated son warned his father that a serious economic downtown was coming, so to prepare, he should save as much as possible, eliminating 'discretionary' expenditures like marketing and advertising, since his successful business didn't need these expenses any longer.
