.

Consumer confidence drops in Florida

DELRAY BEACH — Consumer confidence nationally moved to its highest point in four-and-a-half years but dropped fairly sharply in Florida, according to separate reports released Tuesday.

ADT reports higher earnings for quarter, year

BOCA RATON — Electronic security company ADT Corp. reported fourth quarter earnings of $94 million, or 41 cents a share, on revenue of $812 million, compared with earnings of $93 million, or 40 cents a share, on revenue of $794 million for the same period a year ago.

PSC OKs nuke-related rate hike for FPL

TALLAHASSEE — The Florida Public Service Commission on Monday allowed Juno Beach-based Florida Power & Light to raise consumer rates in order to cover the cost of new nuclear generators and other improvements at its Turkey Point and St. Lucie plants.

Freddie Mac: Another record low for mortgage rates

DELRAY BEACH — Mortgage rates dropped to a record low, as measured by Freddie Mac, and near a record low, as measured by Bankrate. Both mortgage rate surveys were released on Wednesday, a day early because of the Thanksgiving holiday.

Delray moves on Federal Highway project

DELRAY BEACH — Delray Beach city commissioners agreed Tuesday to move forward on the Federal Highway beautification project despite a low bidder for the job who apparently was too low.

Middle East tensions could raise Florida gas prices

DELRAY BEACH — It seems the Middle East is always the wild card when it comes to gasoline prices, sitting there, lurking, waiting to sting the wallets of motorists. And indeed it seemed poised to do so Monday.

Used-home prices surge in Palm Beach County

DELRAY BEACH — An improving economy and a tightening market helped boost used-home sales and prices to surge statewide and in South Florida during October, according to data released Monday.

Florida's jobless rate hits four-year low

DELRAY BEACH — Unemployment in Florida dropped to a four-year low in October, while falling sharply in Palm Beach and Broward counties, according to Florida’s Department of Economic Opportunity.

Owners of septic tank scam plead guilty to fraud

WEST PALM BEACH — A Palm Beach County man has pleaded guilty to conspiracy to commit wire fraud for a scam involving a septic tank treatment product that took customers for about $1 million, according to federal prosecutors.

Consumer data, mild inflation drop mortgage rates

DELRAY BEACH — Mortgage rates dropped to another record low over the past week, according to Freddie Mac. The 30-year fixed-rate mortgage dropped to an average of 3.34 percent with 0.70 point from 3.40 percent a week ago, according to Freddie Mac’s Primary Mortgage Market Survey.

Election day turnout strong in Delray Beach

DELRAY BEACH — Voters waited as long as two hours to cast their ballots at polling places Tuesday morning in Delray Beach. However, by late morning those long lines had dissipated by and voters could walk in with little or no delay.

Pompano women get prison for homeowner scam

FORT LAUDERDALE — Two Pompano Beach women have received federal prison sentences as a result of their involvement in a business that claimed it would financially rescue homeowners facing foreclosure but ultimately ripped them off.

Early voting continues in Palm Beach County

early voting delray library

DELRAY BEACH — Early voting continued Monday at sites throughout Palm Beach County, including the Delray Beach Public Library. Over the weekend 24,623 voters, including 1,741 at the library, cast their ballots in Palm Beach County, according to information on the supervisor of elections website.

Commissioners give preliminary OK to Delray Place

DELRAY BEACH — Delray Beach city commissioners Tuesday evening gave a preliminary thumbs up to a proposed zoning change that will allow a rundown office complex at Linton Boulevard and Federal Highway to be converted into a shopping center.

Obama wins second term, Murphy defeats West

DELRAY BEACH — President Barack Obama won a second term Tuesday, winning the Electoral College by a rather wide measure. But whether he won Florida was still up in the air Wednesday morning.

Mortgage rates hold steady, but could fall off 'cliff'

DELRAY BEACH — Mortgage rates pretty much stayed in place over the past week but that’s likely to change as financial markets begin to focus on the potential crisis called the fiscal cliff.

Uncertainties drop mortgage rates

DELRAY BEACH — With the presidential election set for next Tuesday, it would be easy to call this the week before the storm as far as mortgage rates are concerned.

SEC moves to stop trading in Caribbean Pacific

WASHINGTON — The Securities and Exchange Commission is moving to stop the trading in the shares of a Boca Raton company whose undisclosed owner and CEO is under indictment for securities fraud.

'Frankenstorm' Sandy slips by South Florida, targets the Northeast

Delray Beach resident Kyle Duker was among the few to brave the waves churned up by Sandy Friday afternoon. He called the experience "intense."

DELRAY BEACH — "Frankenstorm" Sandy sped by Friday and Saturday leaving South Florida pretty much unscathed except for some beach erosion, precautionary school closings and event cancellations.

 

ADP: Employers added 158,000 jobs in October

NEW YORK — The payroll firm ADP on Thursday said employers added 158,000 jobs in October, compared with 114,000 a month earlier. The Labor Department releases its jobs report on Friday.

Florida economy sees improvements in August

DELRAY BEACH — Comerica Bank's Florida Economic Activity Index rose 0.9 percentage points in August, to a level of 108.5. The August index reading is 28 points, or 35 percent, above its low of 80.6. Year-to-date the index has averaged 108, nine points above the average for all of 2011.

Consumer confidence dips slightly in Florida

DELRAY BEACH — Consumer confidence dipped slightly in Florida but remains near a post-recession high, according to a report released Tuesday by the University of Florida. The index dropped a point to 79 in October as three of the five index components declined.

McCarty: Florida to OK higher workers comp rates

TALLAHASSEE – Florida Insurance Commissioner Kevin McCarty has announced that Florida’s Office of Insurance Regulation will approve a 6.1 percent rate increase in workers comp insurance rates for the coming year.

Boca Raton lawyer charged in securities scam

BOCA RATON — Federal authorities have charged a disbarred Boca Raton lawyer with securities fraud in connection with his involvement in a startup skin care company that planned to go public.

Miami-Dade men plead guilty to Medicare scam

MIAMI — Two owners of Miami area assisted living facilities have pleaded guilty to soliciting kickbacks in connection with a $63 million Medicare scam involving a now-defunct company that provided health care services for the mentally ill.

Thousands greet Obama at the Delray Beach Tennis Center

President Barack Obama works the crowd after Tuesday morning's rally at the Delray Beach Tennis Center.

DELRAY BEACH — A crowd estimated as high as 11,000 greeted President Barack Obama Tuesday morning at a campaign rally held at the Delray Beach Tennis Center. The stop was Obama’s first after the third and final debate at nearby Lynn University Monday night.

West Palm Beach man pleads guilty to wire fraud

WEST PALM BEACH — A former West Palm Beach resident and producer of infomercials has pleaded guilty to wire fraud in connection with a scam that took investors for $1.9 million.

Dinner in the sky spotlights Delray's cuisine scene

the platform

DELRAY BEACH — Dinner in Delray Beach was up in the air Saturday night. Way up in the air. Eighty-eight patrons paid upwards of $500 a pop for the exceedingly rare privilege of dining on a platform suspended by a crane 180 feet above Old School Square Park in downtown Delray Beach.

Delray kills change to city manager standard

DELRAY BEACH — Whoever is selected as Delray Beach’s next city manager will be able to enjoy a little more job security than he or she might otherwise have and to large extent, he or she can thank his or her immediate predecessor for that luxury.

Old School Square celebrates new name, new season

the throng at the entertainment pavilion as Around the World performs.

DELRAY BEACH — Say good-bye to Old School Square. Say hello to the Delray Beach Center for the Arts at Old School Square.The arts and cultural organization that's almost synonimous with Delray Beach threw a party Friday to celebrate the new name, with a few thousand of its closest friends showing up to enjoy the festivities, which included an open house.

Jobless report pushes mortgage rates higher

DELRAY BEACH — Jack Welch might not take the last week’s employment report seriously, but the interest rate gods certainly do. Mortgage rates moved higher in both the Freddie Mac and Bankrate surveys, and both cited the report from the Labor Department as a major catalyst for the upward movement.

Dockerty family 'cooks for books' at Delray Library fundraiser

Bob Dockerty helps out as celebrity bartender

DELRAY BEACH — 75 Main, 270 E. Atlantic Avenue, was the venue for this summer’s final Dine Out for a Cause, the fundraising effort for the Delray Beach Public Library that combines good food, good drink and good times with doing good.

National jobless rate falls to 7.8 percent

WASHINGTON — The economy added 114,000 jobs in September, driven by increased hiring in health care and transportation and warehousing, while the unemployment rate dropped to 7.8 percent from August’s 8.1 percent.

Dockerty Romer arranges financing for Jupiter office building

Admirals Professional Building in Jupiter.

DELRAY BEACH — Bob Dockerty of Dockerty Romer & Co. has arranged $5.2 million in fixed-rate mortgage financing for a two-story, 29,748 square-foot multi tenant  building known as Admirals Professional Center.

The building  is situated along Military Trail within the Admirals Crossing Shopping Center, in the heart of Abacoa, a 2,055-acre master planned  community in Jupiter.  The property also includes a  Stonegate Bank branch office on an out-parcel. 

Quadrant Real Estate Advisors provided the  financing for Frankel AAC, LLC. Dockerty said the ‘class A’ building is  90 percent leased.
 
Dockerty Romer & Co. is a full service commercial mortgage banking company that specializies in the capitalizing income-producing properties. Dockerty Romer & Co. has closed more than $2.5 billion of real estate transactions since its inception in January 2000. 

'Rainbow cloud' brightens the sky over western Palm Beach County

BOYNTON BEACH – If you looked to the west around 7:30 p.m. Tuesday evening, you would have seen this — a pileus cloud formed over the sun creating a rainbow effect.

 

Landscaper Cioffi gets prison for tax charges

WEST PALM BEACH — A Loxahatchee landscaper is heading off to prison after pleading guilty to tax charges. Federal Judge Daniel T.K. Hurley on Wednesday sentenced Michael J. Cioffi, of Loxahatchee to two years in prison and to pay restitution of nearly $538,000 for failing to pay payroll taxes and filing a false tax return.

Bankrate, Freddie: Mortgage rates continue to drop

DELRAY BEACH — If this sounds like a broken record, it is. Mortgage rates dropped to new lows in both the Freddie Mac and Bankrate surveys, continuing a trend that's occurred throughout most of 2012, according to weekly reports released Thursday by both organizations.

Delray OKs smoking ban for new hires

DELRAY BEACH — If you light ‘em up, Delray Beach doesn’t want you. Commissioners on Tuesday approved vote a resolution that prohibits the city from hiring anyone that smokes. It makes potential hires subject to testing for nicotine in their system, and requires them to sign an affidavit once a year attesting that they remain smoke-free.

ADT Corp. begins trading on the NYSE

BOCA RATON — Electronic security giant ADT Corp. began trading once again as an independent company Monday, after completing a spinoff from Tyco International. The stock was up 35 cents to $36 in late afternoon trading on the New York Stock Exchange. The company trades under the symbol, ADT.

Fed program sends mortgage rates to new lows

DELRAY BEACH — The Fed’s bond-buying effort to stimulate the economy may or may not produce more jobs in the end but there’s no question it is accomplishing one key goal: it’s pushing mortgage rates down, and dramatically so.

Scott Rothstein's wife charged with hiding assets

FORT LAUDERDALE — The wife of former attorney and convicted scammer Scott W. Rothstein has been charged with obstruction of justice, conspiracy to commit money laundering and tampering with a witness as part a scheme to conceal more than $1 million in jewelry that should have been surrendered to the government.

Mortgage rates drop again on low inflation, data

DELRAY BEACH — Mortgage rates dropped for a second consecutive week as mixed economic data pushed investor money toward long-term Treasurys, according to both Freddie Mac and Bankrate.

Delray sets preliminary budget, tax rate for 2013

DELRAY BEACH — A bit of accounting sleight of hand is allowing Delray Beach to balance its budget without raising taxes or creating new ones.

Fed minutes cause sharp drop in mortgage rates

DELRAY BEACH — After spending most of August moving higher, mortgage rates this week reverted back to what they’ve done most of the year. They fell,  and fell fairly sharply, according to both Freddie Mac and Bankrate.

Consumer confidence holds steady in Florida

DELRAY BEACH — Consumer confidence held steady over the past month in the Sunshine State; nationally, consumers were a tad more shaky, according to separate reports released Tuesday

Isaac perfect storm for rising gas prices

DELRAY BEACH – Add higher gas prices to the havoc wrought by Isaac. The tropical storm, soon to be a hurricane, steamed into the Gulf of Mexico, forcing oil production to shut down — and gasoline price to rise. About 24 percent of domestic oil comes from offshore platforms in the region, according to the U.S. Energy Information Administration

Delray gives initial OK to West Atlantic hotel project

DELRAY BEACH — Developers of a proposed hotel for West Atlantic Avenue finally got initial approval from Delray Beach city commissioners for a zoning change needed to build a parking lot for the project on SW 10th Avenue.

David Harden to retire as Delray Beach city manager

Delray Beach city commissioners and staff give City Manager David Harden a standing ovation as Harden, seated second from left, announced he is retiring.

DELRAY BEACH — Delray Beach city commissioners suddenly have a new task on their hands, perhaps their most important in 22 years. David Harden announced Tuesday evening that he is retiring as city manager effective the first week in January.

Delray extends Waste Management contract

DELRAY BEACH — There will be no bidding for Delray Beach’s garbage pickup contract.  City commissioners on Tuesday agreed to extend Waste Management’s contract set to expire in September 2013 without putting the deal out to competitive bidding.

Lions Club makes annual donation to the Delray Beach Public Library

DELRAY BEACH — The Delray Beach Lions Club has made a tradition of supporting the Delray Beach Public Library, raising funds to buy materials for the visually impaire. That tradition continues.

Delray Beach Public Library kicks off centennial celebration

Bob Currie wields the official ribbon-cutting scissors with the help of John Burke, Centennial Committee co-chairs Joann Haros andDorothy MacDiarmid and Sandy Simon

By Palm Beach Business.com

DELRAY BEACH — The Delray Beach Public Library kicked off its Centennial celebration year on its’ 99th birthday, April 11, with a ceremony and party to debut the Library’s Centennial banners and officially begin the activities to celebrate this milestone. READ MORE.

Unemployment rises in Florida, Palm Beach County

DELRAY BEACH — Florida’s unemployment rate bounced higher in July as the state lost jobs, the Department of Economic Opportunity reported Friday. Unemployment rates for Palm Beach and Broward counties also moved higher, according to the same report.

AAA: Gasoline prices continue to rise

DELRAY BEACH — The end is near. Maybe. Pump prices rose by 8 cents nationally over the past week and 11 cents in Florida as circumstances — a refinery fire in California and a pipeline leak in the Midwest — continue to conspire against motorists, AAA reports. Prices are up more than 40 cents a gallon since the beginning of July.

Federal budget isn't a beach for Delray

DELRAY BEACH — It wasn’t exactly the kind of news a cash-strapped city needs to hear at budget time. Especially one with the word ‘beach’ as part of its name. There’s no money in the federal budget to cover the cost of “renourishing” the Delray’s municipal beach, and if the city wants it done this year, it’s got to some how squeeze $600,000 out of the budget. Not just for this year, but for the next 10.

Jobs report pushes mortgage rates higher

DELRAY BEACH — A stronger-than-expected jobs report helped push mortgage rates higher for a second consecutive week, according to both Freddie Mac and Bankrate.

Delray Beach holds the line on taxes

DELRAY BEACH — Delray Beach city commissioners agreed Friday to keep the city’s property tax rate at its present level — $7.1992 per thousand dollars of assessed value — as they move to fill a $2.4 million gap in the budget for the 2012-13 fiscal year. 

Payrolls increased by 163,000 in July

WASHINGTON — The national unemployment rate ticked slightly higher in July even as employers bolstered payrolls by a greater-than-expected 163,000, the Labor Department reported Friday.

Broward County pair guilty of foreclosure scam

WEST PALM BEACH — A federal jury has found two Broward County residents guilty of fraud and conspiracy in connection with a scheme that targeted financially distressed homeowners and stole whatever equity they might have had in the property.

Freddie Mac, Bankrate: Mortgage rates move higher

DELRAY BEACH — Mortgage rates moved upward from their record lows over the past week in large measure because of the latest solution to the European debt crisis and some mixed economic data. Freddie Mac’s Primary Mortgage Market Survey found the 30-year fixed-rate mortgage jumping to 3.55 percent with 0.7 point from last week’s 3.49 percent. A year ago, rates were at a seemingly low 4.39 percent.

Florida consumers grow more confident in July

DELRAY BEACH — Confidence among consumers surged both statewide and nationally in July, according to separate reports released Tuesday. The University of Florida’s consumer confidence index rose three points to 76, while the the Conference Board’s national index rose to 65.9 from last month’s 62.7. The UF reading for July is nine points higher than the year-ago number.

West Palm man gets prison for timeshare scam

WEST PALM BEACH — A West Palm Beach man is heading off to prison for his role in running a timeshare boiler room scam that ripped off more 2,000 victims throughout the U.S. and Canada..

West Palm men charged with making designer drugs

WEST PALM BEACH — Three West Palm Beach men have been charged with manufacturing and selling synthetic marijuana as part of a nationwide crackdown on so-called designer drugs, federal authorities said Thursday.

Delray agrees to settle Caron lawsuit over transient housing

Matthew Mandel, Delray's outside counsel for the Caron Foundation lawsuit, explains terms of the settlement for commissioners Tuesday evening.

DELRAY BEACH — That lawsuit the Caron Foundation filed challenging Delray Beach’s transient housing restrictions is now history. Faced with the prospect of paying out millions in legal fees and a high probability of losing, city commissioners on Tuesday agreed to settle the suit.

Boca Regional ranks in top 10 for readmission rates

BOCA RATON – The U.S. Department of Health and Human Services has cited Boca Raton Regional Hospital as one of 10 hospitals nationally to have better than expected readmission rates for patients being treated for heart attack, heart failure and community-acquired pneumonia.

Delray commissioners to confront budget hole

DELRAY BEACH — For the past two-plus months, Delray Beach city commissioners have been reviewing the city spending department-by-department. Now, it’s time for the hard part: figuring out a way to close a $2.4 million gap between projected revenue and the budget proposed by City Manager David Harden.

Former State Sen. Dawson gets prison for tax evasion

FORT LAUDERDALE — A former Florida state senator is heading to prison. Federal Judge Robert N. Scola Jr. on Friday sentenced Muriel Amanda “Mandy” Dawson to six months in prison, plus two years of supervised release for income tax evasion and failing to file tax returns.

Feds charge doctors with oxycodone-related deaths

WEST PALM BEACH — Two doctors who were employed by a pill mill ring that operated in Palm Beach and Broward counties have been charged with illegally distributing drugs that led to the deaths of nine patients.

Delray Beach OKs 'Most Fun' fireworks celebration

DELRAY BEACH — Delray Beach city commissioner gave its approval for a fireworks show to be held at the municipal beach on July 25 in celebration of the city’s “Most Fun” designation.

Florida's jobless rate held steady in June

DELRAY BEACH —  Unemployment held steady statewide in June, while shooting up in Palm Beach County for seasonal reasons, Florida’s Department of Economic Opportunity reported Friday.

Home sales, prices surge in Florida, Palm Beach

DELRAY BEACH  — The latest numbers on the housing market, released Thursday, disappointed nationally, but Florida’s number continued to show some strength. The statewide report on used-home sales from Florida Realtors showed the number of homes sold totaling 18,800 in June, a 5.3 percent increase from  June 2011. The median price increased 8.2 percent to $151,000.

Mortgage rates drop — with a twist

DELRAY BEACH — Mortgage rates fell once again to record lows over the past week, according to Freddie Mac and Bankrate, but that isn’t what’s different about the current reports. After all, declining rates have been the rule this year, not the exception.

Delray commissioners kill hotel zoning change

DELRAY BEACH — It’s not every day that a city says no to a major hotel project, but Delray Beach did Tuesday evening.

Gasoline prices inch higher

DELRAY BEACH — The rise in gasoline prices continued during the last week, albeit at a much slower pace than the previous week. It’s a trend that could continue for remainder of July.

Broward woman gets prison for tax scam

FORT LAUDERDALE — A federal judge has sentenced a Broward County woman who scammed U.S. marines by filing fraudulent tax returns in their name to 70 months in prison.

Delray, Caron consider settling lawsuit

DELRAY BEACH — Delray Beach and the Caron Foundation are on the verge of settling the drug rehabilitation center’s lawsuit challenging city ordinances that limit so-called sober houses in residential neighborhoods.

Plan for South Federal Highway redevelopment moves forward

About 60 or so residents and business people attended Tuesday's meeting concerning Delray's proposed South Federal Highway Redevelopment Plan. Senior Planner Ron Hoggard, at the dias, presented the plan and answered questions.

DELRAY BEACH — The South Federal Highway redevelopment plan is a blend of incentives for development along the commercial corridor, with protections for adjacent residential neighborhoods. So says its author, Delray Beach Senior Planner Ron Hoggard.

McDuffie tells Leadership Delray grads work for greater good

Leadership Delray's class of 2011-12 during a graduation ceremony Monday at The Arts Garage.

DELRAY BEACH — With leadership comes responsibility to the greater good, Mayor Woodie McDuffie told the 2011-13 class of Leadership Delray Monday evening during a graduation ceremony at The Arts Garage.

Freddie, Bankrate: Mortgage rates drop sharply

DELRAY BEACH — Mortgage rates didn’t just fall over the past week. They fall rather sharply, due in large measure to last week’s disappointing jobs report. Freddie Mac’s Primary Mortgage Market Survey found the average 30-year fixed-rate mortgage dropping to 3.56 percent with 0.7 point from last week’s 3.62 percent. The 30-year has been below 4.0 percent for 16 consecutive weeks.

Our break at the pump could be coming to an end

DELRAY BEACH — The end is near. The end of the near free-fall in gasoline prices at the pump, that is. Since April, gasoline prices have fallen nearly 60 cents a gallon in large measure because of the European debt crisis and a lull in the tensions over Iran’s nuclear program.

CSF to hold fundraising walk in Boca Raton

BOCA RATON — The Chiari & Syringomyelia Foundation, a national nonprofit organization committed to finding a cure for various debilitating neurological disorders, announced today plans for the unite@night walk in Boca Raton.

Economy added 80,000 jobs in June

DELRAY BEACH — The economy added 80,000 jobs in June, while the unemployment rate held steady at 8.2 percent, the Labor Department reported Friday.
Economists expected payrolls to increase by 100,000.

Freddie Mac, Bankrate: Mortgage rates sink again

DELRAY BEACH — More uninspiring economic data pushed mortgage rates to record lows once again, according to surveys released Thursday by Freddie Mac and Bankrate.

The Arts Garage hosts the Delray Beach Chamber of Commerce

Students of the Tucker Academy at The Arts Garage provide some percussive musical entertainment. From left, Amelia Krussell, Zach Rosson, Ian Dalton and Dia Donfrancesco.

The Arts Garage in the heart of downtown Delray Beach played host to the Delray Beach Chamber of Commerce Monday evening. The event served as graduation ceremony for Leadership Delray's class of 2012 and as a reunion for alumni. It also was the Cocktails and Contacts networking event for July.

Delray Beach lights up the sky as it celebrates Independence Day

Delray's traditional beach fireworks show lights up the sky.

DELRAY BEACH — The flags were there. The food and the music were there. And of course the fireworks were there. In fact, it was a pretty traditional Fourth of July celebration as tens of thousands jammed Delray’s beach district to celebrate the nation’s birthday on a picture perfect South Florida day. Rain had dampened the city’s last three Fourths, Mayor Woodie McDuffie noted.

Delray makes the case as Rand McNally's 'Most Fun City'

Grayson Sullivan makes his pitch on Delray's behalf to Rand McNally's Anna Haas, while Patricia Serrano records the scene.

DELRAY BEACH — Without a doubt, Delray Beach is the most fun small city in America. If you don’t believe it, ask Delray Mayor Woodie McDuffie or Jorge Pesquera, president of the Palm Beach County Convention and Visitors Bureau.

Europe casts shadow on Florida's consumers

DELRAY BEACH — A drum beat of bad news coming from Europe and Washington has put Floridians in a less optimistic mood, according to the University of Florida’s consumer confidence index for June.

Bankrate, Freddie Mac: Mortgage rates hold steady

DELRAY BEACH — Mortgage rates pretty much treaded water over the past week as the European debt crisis overshadowed some positive economic reports, according to Freddie Mac and Bankrate.

Spodak Dental hosts Delray Beach Chamber event

Joe Scondotto, left, and Marco Costa, both of TD Bank in Delray Beach.

DELRAY BEACH — In recent years, Spodak Dental Group has played host to the Delray Beach Chamber of Commerce at least three times, Thursday evening being the latest. And perhaps the last — at Spodak’s present office.

TED Center holds 2nd annual Small Business Conference

TED Center Executive Director Seabron Smith and Victoria Hughes, also of the TED Center, during the Expo Monday afternoon.

DELRAY BEACH — The Center for Technology, Enterprise and Development, better known as the TED Center, attracted about 60 entrepreneurs and would-be entrepreneurs and about a dozen exhibitors at its 2nd Annual Small Business Conference and Showcase Monday.

Bulgarians plead guilty to stealing ATM data

FORT LAUDERDALE — Two Bulgarians have pleaded guilty to federal fraud and identity theft charges in connection with a scheme to steal PIN and bank account numbers at JPMorgan Chase Bank ATMs throughout South Florida.

Home prices sink in Palm Beach County

DELRAY BEACH — Used-home sales and prices surged statewide in Florida last month, but it was a different story in Palm Beach County, according to data from Florida Realtors. Statewide, the number of homes sold totaled 18,723, a 7.2 percent increase over May 2011 numbers, while the median price rose 8.9 percent to $147,000, according for Florida’s Realtors.

Poor economic data sends mortgage rates south

DELRAY BEACH — What goes up, seemingly must come down. That seems to the rule this year when it comes to mortgage rates.

Downtown Delray gets parking help from the county

DELRAY BEACH — Delray’s Atlantic Avenue parking problem suddenly has become a little less onerous. Mayor Woodie McDuffie announced Tuesday that the city has reached an agreement with Palm Beach County officials for public use of the south Palm Beach County Courthouse garage after business hours and on weekends. The move adds 500 spaces to the city’s downtown inventory.

Feds charge 11 in staged-accident scam

WEST PALM BEACH — A federal grand jury has indicted 11 South Florida residents on fraud charges stemming from two separate staged-accident insurance schemes, authorities announced Monday.

Palm Beach jobless rate moves slightly higher

DELRAY BEACH — Unemployment bumped slightly higher in Palm Beach County last month but fell statewide as the number of out of work dropped below 800,000 for the first time since January 2009.

Freddie Mac: Mortgage rates rise!

DELRAY BEACH — Stop the presses!!! The streak has ended!!! Fixed-rate mortgages move higher!!! Freddie Mac’s Primary Mortgage Market Survey found both the 30-year and 15-year fixed-rate mortgages moving higher over the past week. The 30-year had fallen to new lows each of the six previous weeks.

SEC charges Boynton man with New York fraud

BOYNTON BEACH — The Securities and Exchange Commission is suing a Boynton Beach man for allegedly participating in a massive Ponzi scheme that promised investors returns as high as 14 percent in a matter of weeks.

Team Boca Blast open WPSL season with scoreless tie

women's soccer

BOCA RATON — Team Boca Blast opened its Women's Premier Soccer League season Friday with a scoreless tie against Sunshine Division rival Clarmont Phoenix at Boca Raton High School.

Delray takes slow approach to downtown meters

DELRAY BEACH — Delray Beach city commissioners didn’t quite take the idea of installing parking meters in the downtown off the table Tuesday evening. But let’s just say the proposal is closer to the edge of the table than it is the center.

Delray Beach to consider paid public parking

DELRAY BEACH — To meter or not to meter. That will be the question facing Delray Beach city commissioners when they convene Tuesday for a workshop meeting. The meters in question would be placed on public parking in Delray’s downtown — along Atlantic Avenue and side streets, in parking lots and the two parking garages. Delray already has meters east of the Intracoastal Waterway.

Rising inventories, uncertainty drop gas prices

DELRAY BEACH — Hard to believe that gasoline at the pump approached $4 a gallon just a little over two months ago. But mix a little economic uncertainty with rising crude inventories and prices will tumble.

Florida's Turnpike to raise toll rates

DELRAY BEACH – If you travel the turnpike you might want to grab a few extra quarters. The Florida Department of Transportation said Friday that it is hiking toll rates on the turnpike and all other toll roads and bridges in the state, effective 6 a.m. on June 24.

Freddie Mac: Mortgage rates continue to sink

DELRAY BEACH — There seems to be no limit as to how far mortgage rates might fall. Economic uncertainties have pushed rates to new lows for a sixth consecutive week, according to Freddie Mac.

Delray commissioners look to raise business tax

DELRAY BEACH — It’s about to get a bit more expensive to run a business in Delray Beach. Delray Beach city commissioners on Tuesday approved first reading of an ordinance raising the city's business tax by 5 percent, the maximum allowed under Florida law.

Stella & Dot stylist Cheryl Glickman celebrates grand opening

cheryl glickman and customers

DELRAY BEACH — Opportunity can present itself in the most unlikely of places. Just ask Cheryl Glickman. The Delray Beach resident, a dietician by trade, was in a salon having her hair done when something caught her eye — the jewelry collection on display in the shop. Turned out Glickman’s stylist was also a rep for Stella & Dot, a jewelry retailer that relies on independent sales people to sell it wares.

Take Heed Theater looks at home on Delray's Old School stage

DELRAY BEACH — It’s 8 o’clock on a Saturday — show time. Joe Gillie, the executive director of Old School Square, stands on the pavilion stage with Chuck Frustaci, his operations guy. Both look skyward fingers crossed figuratively, if not literally. Nearby stands Dave Hyland of the Take Heed Theater Co., which has transformed the pavilion into Delray Beach’s version of the Globe Theatre for the evening’s performance of Shakespeare’s Much Ado About Nothing.

Florida to pocket $14 million from AIG settlement

TALLAHASSEE — Insurance giant American International Group, better known by it’s initials, AIG, has agreed to pay nearly $150 million in penalties and additional taxes to settle charges that it underreported the amount of workers’ compensation business it wrote by $2.12 billion.

Federal crackdown on fraud nets 15

FORT LAUDERDALE — The latest round of a federal crackdown on investment fraud has netted 15 penny stock executives and shareholders on charges ranging from bribery to wire fraud stemming from attempts to illegally boost share price, authorities announced Monday.

May job numbers disappoint

DELRAY BEACH — Employers added 69,000 jobs in May, less than half the number expected, while the jobless rate bumped up slightly, the Labor Department reported Friday.

South Palm Beach County chamber members meet in Delray Beach

DELRAY BEACH — Several hundred members of the three South Palm Beach County chambers of commerce — Boca Raton, Boynton Beach and host Delray Beach met at the Delray Beach Marriott for a business card exchange and expo.

ARCHIVES 15 — BY PALM BEACH BUSINESS.COM DELRAY'S HOMETOWN ONLINE BUSINESS AND COMMUNITY NEWSPAPER
   
archives logo
PALM BEACH BUSINESS.COM ARCHIVES 24 HOME
 
Custom Search