logo
Brightline Florida Plans $400 Million Bond Sale for Rail Line

Brightline Florida Plans $400 Million Bond Sale for Rail Line

Bloomberg09-07-2025
Brightline Trains Florida, the junk-rated private passenger railroad connecting Miami and Orlando, plans to issue as much as $400 million of tax-exempt bonds to finance capital projects and an expansion to Tampa.
Brightline is seeking preliminary approval to proceed with a hearing that would give the public an opportunity to comment on the rail company's request for so-called private-activity bonds, according to a memo to the Florida Development Finance Corp.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

PGA Tour Finalizes 2026 Decision On President Trump Course
PGA Tour Finalizes 2026 Decision On President Trump Course

Yahoo

time2 hours ago

  • Yahoo

PGA Tour Finalizes 2026 Decision On President Trump Course

PGA Tour Finalizes 2026 Decision On President Trump Course originally appeared on The Spun. For the first time in 10 years, the PGA Tour will reportedly return to Trump National Doral. The news came on Tuesday when the PGA announced next season's Tour schedule which included a stop at Doral in the first weekend of May — one of several signature events between the Masters in April and the start of the PGA Championship on May 11. Doral will play host to the 2026 Miami Championship which will boast a $20 million purse, however there are still some issues to be worked out by new CEO Brian Rolapp and his team. "We're excited to showcase the game's greatest players competing at golf's most iconic venues," he said in a statement (via The PGA moved away from Trump Doral in favor of Mexico City back in 2016 when Trump was first running for office as part of the Republican party. Doral debuted on the Tour way back in 1962. However, issues finding a title sponsor began to pop up after Trump purchased the resort in 2012 and still appear to be plaguing the venue to this day. The PGA is still reportedly looking for a sponsor for next year's tournament so it'll be interesting to see what company decides to step up. Trump Doral has played host to several rival LIV tournaments over each of the last four years but doesn't currently have a spot on the Saudi-backed league's calendar as of right now. More issues could arise On top of the sponsorship troubles, the Miami Championship's placement on the schedule could also pose an issue for the Tour. With where its sandwiched between so many of the year's big events, some of the PGA's top golfers could elect to pass up on an appearance at Doral with five massive tournaments over a six-week stretch — including the first two majors of the year. Time will tell how the Tour's athletes ultimately handle where they choose to participate but it's still noteworthy that the Trump-owned course is coming back to PGA competition. PGA Tour Finalizes 2026 Decision On President Trump Course first appeared on The Spun on Aug 19, 2025 This story was originally reported by The Spun on Aug 19, 2025, where it first appeared.

RUX Acquires Open Door Technology and ERP Connect Consulting to Power Industry Built ERP Solutions for the Industrial Equipment and Commercial Field Services Industries
RUX Acquires Open Door Technology and ERP Connect Consulting to Power Industry Built ERP Solutions for the Industrial Equipment and Commercial Field Services Industries

Yahoo

time4 hours ago

  • Yahoo

RUX Acquires Open Door Technology and ERP Connect Consulting to Power Industry Built ERP Solutions for the Industrial Equipment and Commercial Field Services Industries

ST. PETERSBURG, Fla., August 19, 2025--(BUSINESS WIRE)--RUX Software, the newly launched ERP innovator serving industrial equipment and commercial field services businesses, has announced the acquisition of Open Door Technology and ERP Connect Consulting – two highly respected leaders in the Microsoft Dynamics community with deep expertise, loyal clients, and proven technology. The deals mark a major step in RUX's expansion strategy, immediately strengthening its market presence, product capabilities, and ability to deliver industry-aligned solutions to businesses globally. Open Door Technology is a global ERP leader with over 30 years of experience providing customized, client-focused solutions with a team of experts across North America, Europe, and APAC. ERP Connect Consulting became an immediate channel leader with their Business Central Toolbox, a productivity suite of more than 30 apps that streamline Dynamics 365 Business Central and boost productivity at users' fingertips. The Open Door Technology and ERP Connect Consulting brands will unite under the RUX Software name. This consolidation strengthens resources, expands product teams, and represents a significant investment in developing Business Applications tailored to the market. "We're bringing these tried-and-true products together to create the foundation of our verticalized solutions with complimentary productivity and automation applications," said Natalie Lemke, CEO of RUX. By combining the expertise, products, and teams from both firms, RUX is positioned to accelerate product innovation, customer success, and long-term strategic growth, while maintaining the trusted relationships and high service standards each company is known for industry-wide. "Joining RUX allows us to scale our impact while staying true to our purpose – delivering best-in-class productivity solutions," said Ben Cole, CEO of ERP Connect Consulting. "We're excited to bring our clients into this next chapter with confidence and momentum." Backed by Juxtapose and led by a growing roster of industry leaders, RUX is investing heavily in product development, customer experience, and enduring partnerships, setting the stage for continued growth and innovation. About RUX RUX Software is a leading provider of ERP solutions for industrial equipment and commercial field services businesses, empowering organizations to operate with ironclad integrity, today and tomorrow. Built on Microsoft Dynamics 365 Business Central, our Business Applications deliver industry-grade functionality, seamless visibility, and streamlined operations in a single, frictionless system. RUX. Engineered to fit, built to last. View source version on Contacts Megan Davies, 702-340-5393, megan@ Sign in to access your portfolio

Deel scores a lawsuit win, but not against Rippling
Deel scores a lawsuit win, but not against Rippling

TechCrunch

time5 hours ago

  • TechCrunch

Deel scores a lawsuit win, but not against Rippling

A Florida judge on Tuesday dismissed a lawsuit filed against embattled HR and payroll provider Deel. And while Deel described this as a 'Rippling-aligned' and 'Rippling-supported' lawsuit, this is not the infamous lawsuit filed by its rival earlier this year that involved an alleged corporate spy. Rippling CEO Parker Conrad even went so far as to say 'This litigation has nothing to do with Rippling, we are not a party to it, did not fund it,' in a tweet. (Rippling representatives declined further comment.) Still, this is some good news for Deel. In January, a lawsuit was filed in Florida by Melanie Damian, who accused Deel of helping Russian entities sidestep U.S. sanctions by processing payments for Surge Capital Ventures. Surge had been part of a separate U.S. SEC action alleging it was involved in a Ponzi scheme that defrauded church members out of $35 million. Damian, a court-appointed receiver for Surge, was tasked with the mission to recover assets, Semafor reported at the time. She filed the class-action lawsuit on behalf of Surge, attempting to blame Deel for processing the payments. This is the case that was dismissed. Deel is attempting to tie this case to the suit filed by Rippling in part because Damian's lawyers cited the Racketeer Influenced and Corrupt Organizations Act (RICO). Rippling, who is suing Deel in California, is also claiming Deel violated RICO, as well as the Defend Trade Secrets Act, and California state law, as TechCrunch previously reported. RICO is famously the statute that was originally used to charge mobsters. Rippling's lawsuit, however, involves one of its own employees who testified in an Irish court that he had been acting as a paid corporate spy for Deel. Techcrunch event Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital, Elad Gil — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $600+ before prices rise. Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise. San Francisco | REGISTER NOW Deel is clearly hoping that if one court dismisses a lawsuit arguing RICO violations, another court will also dismiss. 'The ruling invites further questions on the credibility of another baseless set of RICO accusations by Rippling in California,' a Deel spokesperson told TechCrunch in an emailed statement. But as these cases involve different actions and circumstances, we'll all have to wait and see how the California court responds. Meanwhile, Deel is also suing Rippling, claiming that one of Rippling's employees was unlawfully impersonating a customer. On top of all of that, the person who confessed to being Deel's alleged corporate spy, Keith O'Brien, successfully filed a restraining order against people he said were following him and scaring his family. O'Brien is now Rippling's star witness in its case against Deel. At first, lawyers for Deel denied involvement and later they admitted the company had hired 'discrete surveillance' of O'Brien, according to court testimony seen by TechCrunch, and first reorted by the Irish Independent. 'Alex and his father can deflect and delay but they will face the music when we get our day in court,' Conrad added in his tweet, referring to Rippling's case that names Deel's founder CEO Alex Bouaziz and his father, who is chairman and CFO, Philippe Bouaziz. 'Deel will explore all its options for relief, defend itself vigorously against pending cases and continue to focus on winning in the marketplace,' a Deel spokesperson said in that statement.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store