Biscayne Bay News
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As American billionaire Phillip Frost prepared to take over as chairman of Teva Pharmaceutical Industries Ltd. in March 2010, some investors fretted about what would become of Israel’s crown jewel.
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New York Yankees third baseman Alex Rodriguez received injections directly from Anthony Bosch, the clinic owner linked to supplying performance-enhancing drugs to several Major League Baseball players, according to ESPN.
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Abelardo and Lucy Gomez, like many of their generation who fled Cuba, have voted for every Republican U.S. presidential candidate for the past 40 years.
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Brandon Klein has done what few Floridians can: go weeks without driving his car.
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Subsidiaries of Truvo Luxemburg Sarl, a Belgium-based international publisher of directories, missed a June 1 interest payment on two issues of second-priority notes and filed a Chapter 11 petition early this morning in New York. Truvo has agreement for the holders of 778 million euros ($964 million) of first-priority senior debt to receive the new equity plus 600 million euros in new debt.
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Miami’s roller coaster real estate market is booming again after its worst crash left dozens of unfinished buildings and failed condo projects.
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Edward Lampert, the hedge fund manager who controls Sears Holdings Corp., agreed to buy a mansion on an island off Florida’s Biscayne Bay for almost $40 million, brokerage One Sotheby’s International Realty Inc. said.
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Plans by Genting Bhd., Asia’s second- biggest casino operator by market value, to build a 5,200-room resort overlooking Miami’s Biscayne Bay stalled when a Florida House of Representatives committee postponed a vote on a bill to expand casino gambling.
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The fears that big money would corrupt the political process in 2012 weren’t realized, the conventional wisdom says. The fat cats, unshackled by U.S. Supreme Court and lower court decisions, weren’t able to buy the presidency or the Senate.
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ESL Investments Inc., the hedge fund run by Edward Lampert, said President William C. Crowley left after deciding not to move with the firm to Miami.
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