King’s son brings message to South Florida

The past few days have kept the eldest son of Dr. Martin Luther King Jr. busy. He’s been to at least three states to carry on his father’s message: ending violence and learning from historical wrongs.In a Fort Lauderdale Baptist church early Friday, he delivered another directive:“A nation is judged on how we treat our most prized possession,” Martin Luther King III said....

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Paid apps are history

This week marked an important moment in the evolution of the iOS app market. As Pages just slipped out of the iPad top 10 highest grossing apps chart, there are now no paid apps among the ten applications that generate most revenue on the iPad. When the iPad application market was born a few years ago, it was dominated by relatively stiffly priced applications, mimicking the PC software or game...

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Drew Barrymore on Oprah's Next Chapter

Drew Barrymore opens up about her complicated childhood and the lessons she's learned when it comes to being a new mother on Oprah's Next Chapter, and we have a sneak peek!Pics: Celebs and Their Cute Kids Marking the first time cameras have ever been allowed inside her home, Drew also talks to Oprah about her new marriage to Will Kopelman, shares details about their newborn baby Olive, and reveals...

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Gorman’s gamble pays

James Gorman’s big bet on Morgan Stanley’s brokerage business is finally starting to pay dividends.The investment banking chief — who has hitched the firm’s fortunes to its legion of 17,000 financial advisers at its wealth-management unit — reported fourth-quarter results that topped analysts’ expectations. The performance sent the shares up nearly 8 percent...

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Norwegian Cruise Line launches strong IPO

Miami-based Norwegian Cruise Line joined its larger local competitors on Wall Street Friday in a strong debut.Norwegian Cruise Line Holdings Ltd. raised nearly $447 million in an initial public offering of about 23.5 million shares and saw stocks sail 30 percent in trading. Shares closed Friday afternoon at $24.79, up $5.79 from the $19 offering price set late Thursday night....

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Sen. Marco Rubio to swear in Miami-Dade commissioner Rebeca Sosa on Friday

Miami-Dade Commissioners Rebeca Sosa becomes Miami-Dade commission’s first Hispanic chairwoman when she is sworn in on Friday by U.S. Sen. Marco Rubio. Also being sworn in is fellow commissioner Lynda Bell, who is now the vice chair. Miami-Dade County Judge Gladys Perez will swear in Bell The installation ceremony will be at 11:30 a.m. ceremony at the commission chambers...

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ASUS in talks with Microsoft to develop a Windows Phone 8 smartphone

The PC industry is in shambles and manufacturers have begun to explore new options to increase revenue. According to The Wall Street Journal, ASUS (2357) is in talks with Microsoft (MSFT) on a licensing deal to offer Windows Phone 8 device. This makes sense for ASUS since smartphone shipments increased by nearly 50% in 2012, compared to a mere 3.2% growth in computer shipments, and the company already...

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Undercover Boss Gets Chastised by Pushy Manager

A verbally abusive manager is bound to get his comeuppance on the next Undercover Boss.PICS: Celebrity Dream JobsPresident of Moe's Southwest Grill, Paul Damico, gets a rude awakening while going through employee training at one of the restaurant's branches. Under the alias Marc, Paul is chastised by a store manager on a power trip."Tito's a little flippant with me," Paul says, who felt the atmosphere...

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Thieves prey on Brooklyn residents who leave their doors open

You're not in Kansas anymore. It’s Brooklyn!Thieves last year preyed on dimwitted residents who left their doors open in the rapidly gentrifying neighborhoods of Boerum Hill, Brooklyn Heights and Downtown Brooklyn.There were 146 burglaries in the 84th Precinct in 2012 — and almost 50 came from residents who left their doors opened or unlocked, authorities...

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Prices for Miami Beach luxury condos soar to records

Ultra-luxury condominiums on South Beach are fetching nosebleed prices.On Tuesday, a penthouse at the Setai Resort at 2001 Collins Avenue closed for $27 million — the highest price ever for a South Florida condominium, according to real estate agents. “We’re definitely seeing the market turning upward,” said Jeff Miller, of Zilbert International Realty in Miami, who represented...

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