Business


floridatoday.com - Business
3 largest airlines raise fares by $20
9 May 2008 at 8:39am

House moves to ease loan crisis
9 May 2008 at 8:38am

Merchants bank on tax rebate
9 May 2008 at 1:09am

More search for fewer jobs
9 May 2008 at 1:00am

OrlandoSentinel.com - Business
Sky's the limit for floating logos
9 May 2008 at 12:00am
Region's theme parks express interest in an Alabama company's technology.

If Francisco Guerra has his way,...

Forecast for Florida orange crop unchanged
9 May 2008 at 10:13am
The federal government's prediction for Florida's orange crop this season is unchanged.



March trade deficit drops by bigger-than-expected amount
9 May 2008 at 9:24am
The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending.



Stocks decline as AIG reveals need for cash, oil surges
9 May 2008 at 12:15am
Wall Street retreated Friday as investors contended with wider-than-expected losses at insurer American International Group Inc. and another worrisome spike in oil prices. The Dow Jones industrial ...

Gas jumps above $3.67, oil passes $126 on Venezuela concerns
9 May 2008 at 12:37am
Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could c...

US dollar lower in Europe
9 May 2008 at 6:33am
The U.S. dollar was mostly lower against other major currencies in European trading Friday morning. Gold rose.



Cash-strapped Florida gives $9.1M to Orlando military training facilities
9 May 2008 at 12:00am
Despite Florida's economic funk and billions of dollars in recent budget cuts, the Legislature has cleared the way for Orlando's military training facilities to receive an unprecedented $9.1 millio...

Disney selects Dreamers, Doers
9 May 2008 at 12:00am
After spending thousands of hours helping others, 100 Central Florida students were honored Thursday as Disney Dreamers & Doers during its 25th anniversary ceremony at Epcot. The finalists selected...

Partnership is a chamber of confusion
9 May 2008 at 12:00am
Jacob Stuart, who has led the Orlando Regional Chamber of Commerce for more than 20 years, has made a big deal out of forming a new group that he helms, called the Central Florida Partnership.



Florida, 48 other states, reach safety agreement with Facebook
8 May 2008 at 2:26pm



FOXBusiness.com
For Many Investors, Risk-taking Now Offers Little Return
9 May 2008 at 7:31pm
The problem with risk is that most people can only associate it with loss; as such, principal or market risk -- the chance that a security loses value on the open market -- is the big concern for m...

Rising Food Costs Force Consumers to Tighten Belts at Supermarket
9 May 2008 at 5:25pm
Here are some other shopping strategies that will help you hold down your grocery bills:

BioMS Medical Provides Update On Pipeline Products
9 May 2008 at 12:01pm
BioMS Medical Provides Update On Pipeline Products

Fortune 500 Visionaries Speak at Woodside Private Home Theatre for Discussion...
9 May 2008 at 12:01pm
Scott McNealy, Chairman Sun Microsystems, Jim Rogers, CEO Duke Energy, Ken Oshman, CEO Echelon Gather to Celebrate 20 Years of LonWorks Technology

Day Software to Present at Henry Stewart DAM Show
9 May 2008 at 12:01pm
Lars Trieloff to Discuss Industry Standards and How to Build Asset Centric Applications

CVS Caremark to Host Webcast of Annual Analyst/Investor Conference
9 May 2008 at 12:01pm
CVS Caremark to Host Webcast of Annual Analyst/Investor Conference

HSE and Boots & Coots to Create a Jointly Owned Oilfield Safety Services Comp...
9 May 2008 at 12:01pm
HSE and Boots & Coots to Create a Jointly Owned Oilfield Safety Services Company in the United States

Ability to Improve Efficiency and Accuracy of Complex Surgical Procedures Spu...
9 May 2008 at 12:00pm
Ability to Improve Efficiency and Accuracy of Complex Surgical Procedures Spurring Adoption in U.S. Image Guided and Robot Assisted Surgery Markets

Crude Futures Up More Than $1 In Afternoon Trading
9 May 2008 at 12:00pm
Crude Futures Up More Than $1 In Afternoon Trading

Sikh Passengers Shun San Francisco International Airport
9 May 2008 at 12:00pm
Sikh Passengers Shun San Francisco International Airport

Reuters News
Reuters: Business News
Citigroup aims to sell $400 billion of assets
9 May 2008 at 12:41pm
NEW YORK (Reuters) - Citigroup Inc, the largest U.S. bank, said on Friday it plans to shed $400 billion of assets within three years and boost revenue by up to 10 percent annually in a bid to resto...

AIG's loss pulls stocks down, oil over $126 hurts
9 May 2008 at 12:51pm
NEW YORK (Reuters) - Stocks fell on Friday after American International Group , the world's largest insurer, reported a record $7.8 billion quarterly loss, reviving concerns about the financial ser...

AIG says rating cuts to raise costs
9 May 2008 at 10:55am
NEW YORK (Reuters) - American International Group said on Friday two rating agency downgrades will likely increase funding costs for some of its businesses, and has required it to post $1.6 billion...

Oil ebbs a little from record high
9 May 2008 at 12:26pm
LONDON (Reuters) - Oil hit a new peak above $126 on Friday, the fifth straight session of record gains, in a market given an additional spur by tight supplies of diesel.



U.S. crude futures jump more than $2, above $126
9 May 2008 at 9:35am
NEW YORK (Reuters) - U.S. crude futures jumped more than $2 to a record high above $126 on Friday, fueled by fund buying and surging distillate prices on both sides of the Atlantic, according to tr...

March trade gap narrows more than expected
9 May 2008 at 9:06am
WASHINGTON (Reuters) - The trade deficit narrowed more than expected in March on a record plunge in the value of imports, even as average oil prices surged to a new record, a Commerce Department re...

AIG sees market affecting mortgage units into 2009
9 May 2008 at 11:39am
NEW YORK (Reuters) - American International Group sees weak market conditions in the U.S. residential market affecting its operating results at two mortgage units into 2009, its chief executive sa...

Circuit City to let Blockbuster conduct diligence
9 May 2008 at 9:39am
NEW YORK (Reuters) - Circuit City Stores Inc said on Friday that it will allow Blockbuster Inc and the movie-rental company's largest shareholder, Carl Icahn, to conduct due diligence in connecti...

Clear Channel posts weaker-than-expected profit
9 May 2008 at 11:05am
NEW YORK (Reuters) - Clear Channel Communications Inc posted a weaker-than-expected quarterly profit on Friday and the U.S. radio station operator said it was unclear whether a proposed buyout wou...

Siemens ex-CEO faces no criminal charges in probe
9 May 2008 at 8:54am
MUNICH/HAMBURG (Reuters) - Prosecutors investigating suspected bribery at German engineering group Siemens said on Friday they have found no evidence to warrant criminal charges against former Chi...

AP Top Business News At 12:38 p.m. EDT
Gas jumps above $3.67, oil passes $126 on Venezuela concerns
9 May 2008 at 12:37pm
NEW YORK (AP) -- Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and ...

Stocks decline as AIG reveals need for cash, oil surges
9 May 2008 at 12:16pm
NEW YORK (AP) -- Wall Street retreated Friday as investors contended with wider-than-expected losses at insurer American International Group Inc. and another worrisome spike in oil prices. The Dow ...

March trade deficit drops by bigger-than-expected amount
9 May 2008 at 9:24am
WASHINGTON (AP) -- The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending....

Citigroup to shed nearly $500B in assets
9 May 2008 at 12:36pm
NEW YORK (AP) -- Citigroup Inc. said Friday it aims to shed about $500 billion in assets and grow revenue by 9 percent over the next few years, as it tries to rebound from massive losses tied to de...

Icahn prepared to buy Circuit City if Blockbuster can't
9 May 2008 at 12:38pm
NEW YORK (AP) -- Consumer electronics retailer Circuit City Stores said Friday that it will allow Blockbuster to review its books in connection with the video-rental chain's bid to buy the company....

Asset sales boost Clear Channel profit; Deal still in limbo
9 May 2008 at 11:23am
NEW YORK (AP) -- Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, refl...

Diageo brews Irish Guinness overhaul
9 May 2008 at 10:26am
DUBLIN, Ireland (AP) -- Guinness beer owner Diageo PLC rattled an Irish icon Friday, announcing plans to lay off more than half of its brewery workers, close two breweries and shift most beer produ...

Gates: Microsoft shifts focus after Yahoo deal collapses
9 May 2008 at 6:47am
JAKARTA, Indonesia (AP) -- Microsoft Corp. will focus on growing its own advertising and Internet search business after it withdrew its takeover offer for Yahoo Inc., Chairman Bill Gates said Frida...

AIG posts 1Q loss of $7.8B, plans to raise $12.5B
9 May 2008 at 2:47am
NEW YORK (AP) -- American International Group Inc. says it will raise $12.5 billion in the coming months as the insurer looks to shore up a capital base that has been rocked by deterioration in the...

China producer price index up 8.1 pct
9 May 2008 at 9:55am
SHANGHAI, China (AP) -- China's producer price index, a key indicator of inflation, rose 8.1 percent in April over the same month a year earlier, the government reported Friday, as a top economic o...