Unemployment in Miami-Dade Down 2.9 Percent From a Year Ago

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Unemployment in Miami-Dade is down 2.9 percent from a year ago, according to the latest number from the Florida Department of Economic Activity, indicating that economic recovery in the county continues. The unemployment rate in the county now sits at 7.3 percent (not seasonally adjusted), and the county added 29,600 jobs between June 2013 and June 2014.

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CVS Buying Navarro Discount Pharmacy

Categories: Business

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America's largest Hispanic-owned pharmacy chain is set to become a subsidy of a Fortune 500 company.

CVS Pharmacy is set to buy Miami-based Navarro Discount Pharmacy. The chain will continue to operate under its original name and will mostly focus on Hispanic customers.

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Local UberX Driver Says Working for Company Is a Rip-Off

Categories: Business

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Courtesy of Uber
Editor's Note: After this post was first published this morning, a spokesperson for UberX contacted Riptide and said the company does not have a driver registered under the name Jahrvone Bentley. Riptide got in touch with Bentley, who claimed he was using a pseudonym out of fear of reprisal from the company; Riptide guaranteed Bentley's anonymity and asked for documentation confirming that he is in fact an UberX driver. Bentley provided it.

When Miami native Jahrvone Bentley heard UberX was coming to his city, he thought driving for the company would be a good way to earn some cash.

Three weeks later he's disgusted. "They don't care about the drivers," he tells Riptide. "The drivers are losing."

UberX is a division of the popular San Francisco startup Uber, an app-based cab-like service that uses professional drivers in sleek black cars. But UberX functions in a way similar to ride-sharing, allowing the app users to book rides on the cheap from people who aren't licensed cabbies but have registered to work as drivers for the company.

See also: UberX Will Launch in Miami Today, Defying Miami-Dade's Taxi Laws

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Doral Walmart Is the Busiest Walmart in the Country

Categories: Business

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Photo by Patrick Hoesly/Flickr | CC2.0
If you're wondering why Walmart was so desperate to build its first store within the City of Miami limits at Midtown, it's probably because its stores in other parts of the county are so damn popular. In fact, the Doral Walmart has the highest sales of any store in the entire country.

See also: Walmart Officially Closes on Midtown Property

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BankUnited Discriminates Against Gun Dealers, Local Store Owners Claim

Categories: Business

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Wikimedia Commons
T.R. Liberti is not the type of man to mince words. His full name -- Theodore Roosevelt Liberti -- "sounds like a black football player," he jokes. His Costa Rican wife, Elizabeth, "is not like an immigrant. She comes from a wealthy family and is well educated." As for his line of work -- the New Jersey native has spent 47 years in firearms sales and instruction -- Liberti says guns are "fun."

"Some people bowl," he says. "Other people get together and shoot."

So it's no surprise the irascible 70-year-old couches the couple's feud with BankUnited in simple terms: "They are a bunch of chickenshits."

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Amazon Will Start Charging Florida Sales Tax May 1

Categories: Business

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photo via Stephen Woods' Flickr | CC2.0
We're sure that after yesterday, the last thing you want to hear about is more taxes. But you'd better get ready to pay a lot more of them if you're a frequent online shopper. Amazon will begin charging Floridians a sales tax May 1, just like any brick-and-mortar store.

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DJ Raw, Wynwood's Hip-Hop Forefather and Cocaine Kingpin, Now Sells Hemp Cakes

Categories: Business, News

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DJ Raw
Raul Medina Jr. walks into a Starbucks in Hollywood's Young Circle and asks for a cup of black coffee with light hazelnut syrup and exactly two ice cubes. Better-known as DJ Raw, Medina brought hip-hop to Miami from his native South Bronx and founded Hoodstock, a free, big-name festival in Wynwood in the '90s. He's also a former cocaine kingpin who did a ten-year prison stint for trafficking. Today he's a 50-year-old vegan father of five who prefers the quiet life up in Broward to the neighborhood he helped transform into a graffiti artist's mecca.

"When I got out, people were like 'Let's go take over 40th Street again,'  Medina says. "I was like, 'You can keep 40th Street; I'm going to Broward.' 

See also: Raw Returns: Just released from prison, Miami hip-hop icon DJ Raw is ready for the takeover

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Need Fake Ultra Tickets? Craigslist Has You Covered

Categories: Business, News

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Photo by George Martinez
In case you haven't heard, Ultra starts Friday. As of Wednesday evening, tickets to the weekend megafestival were 98 percent sold out, according to the organization's website. And oh, there's this: The three-day general admission passes retail for $400, plus a $90 service charge.

But thanks to Craigslist, wannabe Ultra-goers have an alternative. A cheaper, slightly less, you know, legal, alternative. Fake tickets.

See also: How Ultra Will Affect Downtown Traffic

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Cedric Gervais Is #Winning: Miami's Hometown DJ Prepares To Take Ultra By Storm

Categories: Business

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Michael E. Miller
Cedric Gervais at the 5th Street Gym in South Beach
Cedric Gervais lounges by the pool of his Biscayne Point bungalow in nothing but a pair of small white swim shorts and sunglasses. He is buff and bronze, with cheekbones like cliff ledges. House music ebbs and swells around him. It is 75 degrees and sunny. Add a couple of models, and this could easily be the scene for one of Gervais' viral music videos.

Life is good for Miami's very own mega-DJ. But it could always be better.

Or so Gervais believes. Hence the IV bag above him that's dripping a "medical cocktail" the color of pink lemonade into his left cephalic vein. And hence the tattoo in French on his other arm that translates to "Whatever doesn't kill you only makes you stronger."


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Seven Practical Financial Tips From Trina Lyrics

Categories: Business

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Trina has basically become the Suze Orman of the rap game.

"Da Baddest Bitch" broke onto the scene on a Trick Daddy track, detailing what she would do to "five or six best friends," but the Miami rapper has since traded in her porno-grade lyrics for a new obsession: money. To wit, she recently released her latest single, "Money Ain't a Problem." Sure, she mostly likes to rap about how she spends that money, but her discography is peppered with practical financial tips and advice that even bitches who aren't the baddest can use.

See also: Trina: Hip-Hop's Diamond Diva

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