Stay informed with the latest Florida Business News, covering key developments, trends, and insights that shape the state’s dynamic economy. Discover how businesses are evolving, networking events, and market opportunities to stay ahead in the Sunshine State.
News Summary Party City has announced the closure of all its stores, concluding nearly 40 years of providing festive supplies. This decision follows a second
News Summary In November, Florida’s unemployment rate increased to 3.4%, reflecting a rise in joblessness among residents. Approximately 376,000 Floridians are now unemployed, signaling a
News Summary The Florida Business Minds podcast offers a deep dive into the state’s business landscape featuring top leaders from various industries. Topics range from
News Summary South Florida faces a housing crisis as skyrocketing home prices and stagnant wages push homeownership out of reach for many residents. Despite rising
News Summary In 2024, South Florida achieved a milestone with a $443 million office building sale, marking the largest commercial real estate transaction in the
News Summary Silver Airways has filed for Chapter 11 bankruptcy protection due to financial struggles stemming from the COVID-19 pandemic, rising costs, and supply chain
News Summary South Florida’s multifamily market is experiencing unprecedented growth, with 23,863 units expected to be completed by year-end, the highest since 2002. Despite a
News Summary In a major shift in the luxury retail sector, Saks Global has acquired Neiman Marcus Group for $2.7 billion. This acquisition introduces significant
News Summary Spirit Airlines has filed for Chapter 11 bankruptcy protection, amid severe financial struggles and prior unsuccessful merger attempts. Despite this move, the airline
News Summary Miami’s office rental market is experiencing a significant surge with average prices hitting $66.33 per square foot, a 15% rise from last year.
