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Latest Stories

November 18, 2009 | Daily Business Review

Tobacco executives quickly find tax loophole

With a simple marketing twist, tobacco companies are avoiding hundreds of millions of dollars a year in taxes by exploiting a loophole in President Barack Obama's child health law.
5 minute read
February 26, 2010 | Daily Business Review

Bills would help bulk buyers of condo units

Lawmakers will consider measures dealing with bulk purchases of condos, property insurance deregulation and adjustments to property taxes that sponsors say will help spur home sales.
7 minute read
January 31, 2012 | Daily Business Review

Spirit disobeys unwritten Washington rule by badmouthing regulator

Most U.S. airlines quietly complied with U.S. rules that took effect Jan. 26 requiring them to include mandatory taxes and fees in published fares. Spirit Airlines took a different approach.
4 minute read
July 13, 2010 | Daily Business Review

Firm sued for advising clients to invest in Ponzi scheme

A New York law firm has been sued for fraud and breach of contract by a woman who claims the firm advised her to place substantial funds with a money manager who was operating a Ponzi scheme.
6 minute read
February 09, 2011 | Daily Business Review

Rich take from poor as U.S. subsidy law funds luxury hotels

The landmark Blackstone Hotel in downtown Chicago, which has hosted 12 U.S. presidents, opened in 2008 after a two-year, $116 million renovation. Inside the Beaux Arts structure, built in 1910, buffed marble staircases greet guests spending up to $699 a night for rooms with views of Lake Michigan.
7 minute read
March 28, 2011 | Daily Business Review

Top fund manager says there are plenty of reasons to be bullish

Nick Thakore, Putnam Voyager manager discusses his reasons for believing in stocks, even when the economy is on extremely shaky ground.
5 minute read
February 15, 2011 | Daily Business Review

Pandora IPO will reward backers three years after near-failure

Larry Marcus and Peter Gotcher's early bet on Pandora Media appeared to be a bust three years ago when the business was buried in music-royalty fees. Now they're preparing for its debut as a public company.
6 minute read
May 05, 2010 | Daily Business Review

Sun Capital principal faced competition in acquisition of Tamarac company

Aaron P. Wolfe oversaw Sun Capital Partners's acquisition of Arch Aluminum & Glass for $63.5 million.
7 minute read
April 21, 2010 | Daily Business Review

Banks divided on value of social media

Although cutting edge social media and the conservative world of banking may seem like an unlikely marriage, SunTrust Bank has launched an approach that is producing some promising results
8 minute read
September 16, 2009 | Daily Business Review

SEC alleges developer diverted investor money

Federal regulators say Robert Falor, who's ambitious plans to convert several Miami Beach hotels were hurt by the real estate downturn, used investor money to fund a luxury lifestyle.
4 minute read