Investors shuffling assets ahead of fiscal cliff

Some citizens aren’t waiting to find out if the White House and Republicans in Congress will be able to reach a last-minute deal to pull the country away from the “fiscal cliff.” They are selling securities while capital gains tax rates are still low or transferring millions into trusts for the benefit of children and grandchildren before estate tax laws become more stringent....

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Bay of Pigs invasion veterans mark 50 years since release

In the days before Christmas 50 years ago this weekend, 1,113 Bay of Pigs fighters captured by Fidel Castro’s forces and imprisoned for 20 months were finally released to a heroes’ welcome in Miami.The first planeload of POWs arrived at Homestead Air Force Base on Dec. 23, 1962. Gaunt and feeling betrayed by the John F. Kennedy administration, members of the proud Brigade...

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B’Berry users decline for first time, to 79M

Research in Motion shed BlackBerry users for the first time ever last quarter, the company reported yesterday.The number of BlackBerry users dipped to 79 million in the three months ended Dec. 1 from 80 million the previous quarter, it said.Despite losing an average of 11,000 users a day in the period, the Waterloo, Ont.0, company’s results topped analyst...

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John Fumagalli succeeds Sheldon Anderson at Northern Trust Florida

Northern Trust has named John Fumagalli President of Northern Trust in Florida. Fumagalli succeeds well-known banker Sheldon Anderson, who announced his retirement earlier this year. A Northern Trust veteran, Fumagalli joined Northern Trust in Chicago in 1989. In the years since he was served as President and CEO of Northern Trust in Missouri, President and CEO for the Southwest...

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Slip-N-Slide’s Ted Lucas teams up with Miami Heat’s James Jones for All-Star Holiday weekend

Record executive Ted Lucas and Miami Heat star James Jones joined forces to bring holiday cheer to Miami Gardens kids — and motivate them to achieve academically — earlier this monthThe All-Star Holiday weekend started with a toy distribution at North County K-8 Center on Dec.13Lucas and Jones, who got good grades when growing up in Miami Gardens, got some help Santa Claus...

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Kodak in $525 million patent deal, eyes bankruptcy end

(Reuters) – Eastman Kodak Co agreed to sell its digital imaging patents for about $ 525 million, a key step to bringing the photography pioneer out of bankruptcy in the first half of 2013.The deal for the 1,100 patents allows Kodak to fulfill a condition for securing $ 830 million in financing.The patent deal was reached with a consortium led by Intellectual Ventures and RPX Corp, and which includes...

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Tappan Zee mystery

Nicole Gelinas In the runup to Christmas, Gov. Cuomo just presented a great bargain for New York “shoppers”: The state Thruway Authority will build the new Tappan Zee Bridge by 2018 for $3.1 billion, plus $500 million to $800 million in a reserve for financing and unexpected costs — when the pricetag as recently as this summer was at...

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Accelerator planned for healthcare-tech start-ups

A new start-up accelerator focused on the intersection of healthcare and technology is coming to Miami next year. Project Lift Miami, designed to help develop young companies and prepare them for investment opportunities, is a partnership between Lift1428, an innovation design, strategy and communications firm; the Miami Innovation Center at the University of Miami Life...

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Judge admonishes defendant in Rilya Wilson murder trial

A Miami-Dade judge admonished the woman accused of killing foster child Rilya Wilson after two brief courtroom outbursts Tuesday.At the time, Geralyn Graham’s ex-lover, Pamela Graham, was on the stand testifying under cross-examination about why she was cooperating with authorities. The two are not related.In front of the jury, Geralyn Graham yelled at Pamela Graham to stop...

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Nielsen to buy Arbitron for about $1.26B

NEW YORK (AP) — Nielsen, the dominant source of TV ratings, on Tuesday said it had agreed to buy Arbitron for about $ 1.26 billion to expand into radio measurement.Arbitron pays 70,000 people to carry around gadgets that register what stations they’re listening to. Since Nielsen also collects cash register data, CEO David Calhoun said buying Arbitron will let Nielsen be a one-stop shop for advertisers...

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