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S. Fla drops 63,000 jobs, year-over-year

The economic recovery hasn’t arrived quite yet.

http://bit.ly/cHaX8f

BankAtlantic sues BNY Mellon over debt repurchase

BankAtlantic Bancorp has filed suit against Bank of New York Mellon Corp., alleging that BNY Mellon prevented it from redeeming its corporate debt at a discount. (BBX)

http://bit.ly/8Zn2QN

Survey: Florida real estate has hit bottom

The real estate market in Florida probably has probably reached its lowest point, according to a survey of professionals across the state.<p/> But, they cautioned in the University of Florida's survey of emerging market conditions, the situation probably won't get much better anytime soon. http://bit.ly/di7aFE

Norwegian Cruise Line posts Q1 loss

Foreign currency issues led to a $16.2 million first quarter loss for Norwegian Cruise Line, compared with a $5.2 million profit the year before. However, the Miami-based cruise company reported positive results for operations.

http://bit.ly/aLM2Zt

Florida to benefit from AstraZeneca settlement

Florida’s Medicaid program will receive more than $4.25 million as part of a $520 million global settlement with AstraZeneca Pharmaceuticals LP. The settlement resolves allegations that the company illegally marketed Seroquel for uses not approved by the U.S. Food and Drug Administration.

http://bit.ly/bvsbrE

Court ruling gives boost to victims of bad drywall

A federal court ruling in Louisiana could pave the way for thousands of Florida homeowners with defective drywall to collect damages for repairs to their homes. http://bit.ly/aK0Ujz

Ultimate Software Q1 revenue up 14%

The Ultimate Software Group reported that revenue for the first quarter ended March 31 increased 14 percent, to $55.7 million from $48.8 million in the prior-year period. (ULTI)

http://bit.ly/aE8nxI

Profits down at 1st United Bancorp

Boca Raton-based 1st United Bancorp had a smaller profit in the first quarter as it grew its loan portfolio. (FUBC)

http://bit.ly/aEt8FP

Southwest fined $200,000 for improper bumping

Southwest Airlines has been fined $200,000 by the U.S. Department of Transportation for improperly bumping passengers on oversold flights.

http://bit.ly/a76PcZ

Rothstein chief aide Villegas charged

Ponzi schemer Scott Rothstein’s “right hand” woman, Debra Villegas, was charged with conspiracy to commit money laundering Tuesday in connection with his $1.2 billion scheme.

http://bit.ly/bdIzvD

Home prices continue to fall in South Florida

The Associated Press contributed to this report. http://bit.ly/d6WVDd

Helm Bank regains profitability

Helm Bank got off to a good start this year by regaining profitability and reducing problem loans.

http://bit.ly/aH9NHh

UM partners with Ideal Life

The University of Miami Miller School of Medicine is partnering with Toronto-based Ideal Life on a pilot program to improve access to health technology for residents of rural Florida communities.

http://bit.ly/bN0Ysu

Feds shut down Miami tax preparer

A Miami federal judge shut down a Miami tax preparer who is alleged to have falsely claimed the first-time homebuyer tax credit on numerous returns prepared by his office.

http://bit.ly/aCPlTz

Bluegreen enters hotel management

No longer just a timeshare company, Bluegreen Corp. has branched into hotel management. (BXG)

http://bit.ly/9zvltW

BankUnited Financial sues FDIC

Nearly a year after the Federal Deposit Insurance Corp. closed its BankUnited, BankUnited Financial Corp. filed a lawsuit against the FDIC seeking to recover more than $400 million.

http://bit.ly/9f1gur