Business


floridatoday.com - Business
Back-to-school spending in Brevard to rise
29 Jul 2010 at 9:08am

Wuesthoff deal won't saddle HMA with debt
29 Jul 2010 at 9:00am

Jay Leno zings Melbourne doctor -- again
29 Jul 2010 at 8:58am

Titusville Winn-Dixie to close as part of cutbacks
29 Jul 2010 at 8:36am

Lending bill heads to vote in Senate
29 Jul 2010 at 1:00am

OrlandoSentinel.com - Business News
Investors sue Old Southern Bank founder
29 Jul 2010 at 6:12pm
A group of investors in the failed Old Southern Bank of Orlando has sued bank founder John G. Squires and a group of former directors, accusing them of illegally hiding the bank's financial woes wh...


Report: Orlando home prices have further to fall
29 Jul 2010 at 5:26pm
Orlando's double whammy of high unemployment coupled with a mounting inventory of foreclosed homes has left real estate prices poised for another drop, according to economists who released new hous...

Graffiti Junktion planning second restaurant in College Park
29 Jul 2010 at 4:30pm
Graffiti Junktion in Thornton Park is expanding, planning to open a second burger bar in College Park, where K restaurant was before it relocated earlier this year.




Clean energy program launches with stimulus dollars
29 Jul 2010 at 3:48pm
The Florida Energy and Climate Commission has tapped the Florida Opportunity Fund for $36 million in federal stimulus dollars to launch the Clean Energy Investment Program promoting energy technolo...

Companies hiring for part-time arena jobs
27 Jul 2010 at 3:22pm
Employers will be looking for part-time workers for the new Amway Center arena at a job fair on Saturday.




Orlando retail expert predicts many parents cutting back on back-to-school sp...
29 Jul 2010 at 11:47am
While the National Retail Federation predicts stronger back-to-school-sales this year, Orlando retail researcher Britt Beemer says many parents still will spend less.




Honda CR-Z hybrid long on spirit, short on fuel economy
29 Jul 2010 at 11:24am
Photos don't do the 2011 Honda CR-Z justice -- in person, the little gasoline-electric hybrid has more attitude than you'd expect, and surprisingly sporty performance to back it up.




What's the quickest way to cool down a hot car?
29 Jul 2010 at 11:22am
Q: We aren't sure you can solve this argument, or even if there's a correct answer, but here goes: What's the quickest way to cool down a car parked in the sun? My friends' opinions range from roll...


Winn-Dixie to shut down 9 Central Florida stores Winn-Dixie to shut down 9 Ce...
29 Jul 2010 at 9:17am
Nine Central Florida stores are among the 30 that Winn-Dixie is closing throughout the Southeast, the Jacksonville-based grocery chain said Wednesday night.




New Lynx leader to face funding fight
29 Jul 2010 at 9:35am
When Linda Watson quits Central Florida's bus system for a job in Texas next week, she'll leave behind a problem that perplexed her for six years as the chief executive of Lynx.





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UPDATE 6-Thomson Reuters Q2 misses, sees growth resuming
29 Jul 2010 at 5:00pm
* Adj Q2 EPS $0.47 vs view $0.48; margin down to 20.4 pct

Colgate, Glaxo sue over toothpaste "nurdle"
29 Jul 2010 at 4:41pm
NEW YORK (Reuters) - Two lawsuits have been filed over a gob of toothpaste.

UPDATE 1-Ingram Micro beats Q2 estimates
29 Jul 2010 at 4:39pm
LOS ANGELES, July 29 (Reuters) - Ingram Micro Inc reported higher-than-expected sales and profit on Thursday, but the company said it expects revenue in the current quarter to be flat sequentially.

UPDATE 2-First Solar profit beats, raises forecast
29 Jul 2010 at 4:36pm
NEW YORK, July 29 (Reuters) - First Solar reported higher-than-expected, second-quarter profits and raised its full-year earnings forecast, lifting its shares in post-market trading.

UPDATE 1-Sunoco reports profit, tops Wall Street
29 Jul 2010 at 4:32pm
HOUSTON, July 29 (Reuters) - U.S. refining company Sunoco Inc on Thursday reported a second-quarter profit versus a year-ago loss, as seasonal demand for fuels like gasoline pushed margins higher.

Fed's balance sheet shrinks in latest week
29 Jul 2010 at 4:31pm
NEW YORK (Reuters) - The Federal Reserve's balance sheet decreased in the latest week, Fed data released on Thursday showed.

UPDATE 1-Bonavista posts Q2 profit on higher production
29 Jul 2010 at 4:28pm
July 29 (Reuters) - Bonavista Energy Trust reported higher quarterly profit, helped by a 27 percent rise in its production and lower cash costs.

UPDATE 1-McAfee profit tops Wall Street target
29 Jul 2010 at 4:28pm
* Sees Q3 EPS ex-items 62-66 cts/shr, rev $505-$520 mln

UPDATE 1-U.S. sues Oracle, alleges software contract fraud
29 Jul 2010 at 4:28pm
* Oracle alleged to misrepresent commercial sales deals

MetLife posts Q2 earnings of $1.5 billion
29 Jul 2010 at 4:15pm
NEW YORK (Reuters) - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by investment gains.

Reuters News
Reuters: Business News
Wall St falls on tech outlook worries
29 Jul 2010 at 5:06pm
NEW YORK (Reuters) - U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little rea...

Citigroup to pay $75 million to settle SEC charges
29 Jul 2010 at 6:48pm
NEW YORK (Reuters) - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thu...

Colgate, Glaxo sue over toothpaste "nurdle"
29 Jul 2010 at 4:41pm
NEW YORK (Reuters) - Two lawsuits have been filed over a gob of toothpaste.




SEC charges Wyly brothers with $550 million fraud
29 Jul 2010 at 7:10pm
NEW YORK (Reuters) - The Securities and Exchange Commission charged the billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading sto...

MetLife posts Q2 earnings of $1.5 billion, beating Street
29 Jul 2010 at 6:43pm
NEW YORK (Reuters) - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad.




Fed officials clash on need for more stimulus
29 Jul 2010 at 5:40pm
WASHINGTON (Reuters) - Federal Reserve officials clashed on Thursday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current polic...

Unemployment claims fall, but still elevated
29 Jul 2010 at 7:08pm
WASHINGTON (Reuters) - New claims for unemployment benefits slipped last week, but stayed at a stubbornly high level that underscored the labor market recovery was having trouble gaining traction.




Global body proposes rule to end insurer "black box"
29 Jul 2010 at 7:04pm
LONDON (Reuters) - A global accounting standard setter proposed a new rule for insurers on Friday, aiming to shine a light on a sector criticized by investors for being a "black box" that keeps the...

AT&T picks Alcatel, Cisco, Juniper as key suppliers
29 Jul 2010 at 3:40pm
NEW YORK (Reuters) - Top U.S. phone carrier AT&T Inc on Thursday named Alcatel-Lucent, Cisco Systems Inc and Juniper Networks as key suppliers for its networks.




BNP hires ex BofA executive Innes for equity sales
29 Jul 2010 at 6:12pm
NEW YORK (Reuters) - BNP Paribas SA has hired former Bank of America Corp executive Chris Innes to head equity sales for the Americas in New York, a person familiar with the matter said.




AP Top Business News At 7 p.m. EDT
Google: Search engine blocked in mainland China
29 Jul 2010 at 6:10pm
By 2010-07-29T22:10:10Z MOUNTAIN VIEW, Calif. (AP) -- Google says people in mainland China are being blocked from using its Internet search engine....

US suing Oracle alleging software contracts fraud
29 Jul 2010 at 6:01pm
By 2010-07-29T22:01:24Z NEW YORK (AP) -- The U.S. Justice Department said Thursday it is joining a fraud lawsuit against Oracle Corp. related to software contracts worth hundreds of millions o...

Republicans block small business lending bill
29 Jul 2010 at 7:02pm
By STEPHEN OHLEMACHER 2010-07-29T23:02:52Z WASHINGTON (AP) -- President Barack Obama's election-year jobs agenda suffered a new setback Thursday when Senate Republicans blocked a bill cre...

Past problems for company at heart of oil spill
29 Jul 2010 at 6:56pm
By TIM MARTIN and DAVID RUNK 2010-07-29T22:56:04Z BATTLE CREEK, Mich. (AP) -- A Canadian company whose pipeline leaked hundreds of thousands of oil into a Michigan river boasts on its ...

Debate intensifies in Fed over economy
29 Jul 2010 at 5:26pm
By JEANNINE AVERSA 2010-07-29T21:26:52Z WASHINGTON (AP) -- Debate is intensifying at the Federal Reserve over how best to cope with a weakening recovery, with momentum growing for a co...

Stocks fall amid uncertainty over the economy
29 Jul 2010 at 5:38pm
By STEPHEN BERNARD 2010-07-29T21:38:45Z NEW YORK (AP) -- Stocks ended an erratic day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic s...

Initial jobless claims drop to 457,000
29 Jul 2010 at 11:19am
By CHRISTOPHER S. RUGABER 2010-07-29T15:19:24Z WASHINGTON (AP) -- New jobless claims fell last week for the third time in four weeks but remain elevated. The decline is a sign that the...

Big Oil posts better profits on higher fuel prices
29 Jul 2010 at 4:46pm
By CHRIS KAHN 2010-07-29T20:46:54Z NEW YORK (AP) -- The major oil companies continue to climb back from the recession, with higher fuel prices driving up earnings....

Citigroup paying $75M to settle civil charges
29 Jul 2010 at 3:32pm
By MARCY GORDON 2010-07-29T19:32:48Z WASHINGTON (AP) -- Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses f...

Toyota recalls 412,000 cars in US to fix steering
29 Jul 2010 at 4:58pm
By DAN STRUMPF and YURI KAGEYAMA 2010-07-29T20:58:29Z NEW YORK (AP) -- Toyota is recalling nearly half a million cars, most of them large sedans sold in the U.S., for problems that can...