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  • HAVANA— The United States and Cuba will sign an agreement next week to resume commercial air traffic for the first time in five decades, starting the clock on dozens of new flights operating daily by next fall, U.S. officials said Friday. Barring other major announcements, it would be the most significant development in U.S.- Cuba trade since Presidents Barack...

  • NEW YORK— Federal prosecutors in Brooklyn say a Florida man has been sentenced to 3½ years in prison after admitting he defrauded over 70 investors of $3.3 million. Attorney Robert Capers announced Friday that the sentencing of 54- year-old Cecil Speight of West Palm Beach had occurred late Wednesday. Judge Roslynn Mauskopf also ordered him to pay $3.3...

  • NAPLES, Fla. _ Beasley Broadcast Group Inc. on Friday reported fourth-quarter profit of $3.3 million. On a per-share basis, the Naples, Florida- based company said it had profit of 14 cents. For the year, the company reported profit of $6.4 million, or 28 cents per share.

  • BOSTON— A fuel van has struck a plane at Boston's Logan Airport, damaging the jet but causing no injuries to the passengers. Authorities say the van, which did not have a driver, struck a Tampa, Florida- bound JetBlue plane at a gate at about 6 a.m. Friday. JetBlue says in a statement that the aircraft is being inspected and passengers were placed on other flights to Tampa.

  • WINTER PARK, Fla. _ Ruth's Hospitality Group Inc. on Friday reported fourth-quarter profit of $9.5 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. Ruth's Hospitality shares have decreased 3 percent since the beginning of the year.

  • Bill Shuster, R- Pa., said "transformational" change is needed because the FAA's air traffic modernization program is taking longer and costing more than anticipated. Both sides agree the delays and cost overruns have come partly because Congress has subjected the agency to shutdowns, furloughs and repeated short-term funding extensions.

  • Web.com tops 4Q profit forecasts Thursday, 11 Feb 2016 | 6:29 PM ET

    JACKSONVILLE, Fla. _ Web.com Group Inc. on Thursday reported fourth-quarter net income of $77 million, after reporting a loss in the same period a year earlier. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share. Web.com shares have fallen 19 percent since the beginning of the year.

  • Bleisure: Zika casts a pall on some company getaways Thursday, 11 Feb 2016 | 3:13 PM ET

    A trip to a resort in the Dominican Republic was intended "to get everybody in the same location" for team-building, R&R and casual facetime, said Parse.ly CEO Sachin Kamdar. "We did end up hitting that target," Kamdar said, and the Dominican Republic was chosen as the destination. "But we found out a couple of weeks after booking that the Zika virus was spreading very...

  • Puerto Rico pushes tax incentives for wealthy amid crisis Thursday, 11 Feb 2016 | 11:30 AM ET

    SAN JUAN, Puerto Rico— Puerto Rico's government is trying to convince hundreds of wealthy investors to move to the U.S. territory, hoping they could help lift it out of a deepening economic crisis. Speakers include former New York City Mayor Rudy Giuliani and New York hedge fund billionaire John Paulson, who recently bought some of Puerto Rico's most upscale...

  • National Retail Properties reports 4Q results Thursday, 11 Feb 2016 | 8:59 AM ET

    ORLANDO, Fla. _ National Retail Properties on Thursday reported a key measure of profitability in its fourth quarter. The Orlando, Florida- based real estate investment trust said it had funds from operations of $78 million, or 57 cents per share, in the period. The average estimate of 11 analysts surveyed by Zacks Investment Research was for funds from operations...

  • World Fuel Services posts 4Q profit Thursday, 11 Feb 2016 | 8:57 AM ET

    MIAMI _ World Fuel Services Corp. on Thursday reported fourth-quarter net income of $51.8 million. On a per-share basis, the Miami- based company said it had profit of 74 cents. World Fuel Services shares have dropped 5 percent since the beginning of the year.

  • Watsco beats 4Q profit forecasts Thursday, 11 Feb 2016 | 8:55 AM ET

    MIAMI _ Watsco Inc. on Thursday reported fourth-quarter net income of $24.4 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share. Watsco shares have fallen slightly more than 5 percent since the beginning of the year.

  • Rayonier beats 4Q profit forecasts Wednesday, 10 Feb 2016 | 5:45 PM ET

    JACKSONVILLE, Fla. _ Rayonier Inc. on Wednesday reported fourth-quarter earnings of $10.3 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. Rayonier shares have declined 14 percent since the beginning of the year.

  • FNF Group beats 4Q profit forecasts Wednesday, 10 Feb 2016 | 5:31 PM ET

    JACKSONVILLE, Fla. _ Fidelity National Financial Inc. on Wednesday reported fourth-quarter net income of $144 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. FNF Group shares have decreased 14 percent since the beginning of the year.

  • Black Knight tops 4Q profit forecasts Wednesday, 10 Feb 2016 | 5:09 PM ET

    JACKSONVILLE, Fla. _ Black Knight Financial Services Inc. on Wednesday reported fourth-quarter net income of $9.8 million, after reporting a loss in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. Five analysts surveyed by Zacks expected $239.8 million.

  • Burger King's next conquest: Hot dog king Wednesday, 10 Feb 2016 | 12:12 PM ET

    "This is probably the most obvious product launch ever," said Alex Macedo, president of Burger King North America. The move comes as Burger King works to push up sales amid intensifying competition, with McDonald's offering breakfast items all day to spark a turnaround, while Wendy's offers a "4 for $4" deal to get customers in the door. Parent company Restaurant...

  • ZURICH, Feb 10- Credit Suisse Chief Executive Tidjane Thiam said that the turmoil in global markets this year is helping him to speed implementation of his new strategy for the Swiss bank. "I'm using the current challenging environment to accelerate the transformation that I'm driving," Thiam told a conference in Miami, which was streamed via Credit Suisse's...

  • Gencor posts 1Q profit Wednesday, 10 Feb 2016 | 10:15 AM ET

    ORLANDO, Fla. _ Gencor Industries Inc. on Wednesday reported fiscal first-quarter net income of $1.6 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Orlando, Florida- based company said it had net income of 16 cents. Keywords: Gencor Industries, Earnings Report.

  • DETROIT— Computers that control cars of the future can be considered drivers just like humans, the federal government's highway safety agency has decided. The redefinition of "driver" by the National Highway Traffic Safety Administration is an important break for Google, which is developing self-driving cars that get around without steering wheels, pedals—...

  • Staples gets EU approval for acquisition of Office Depot Wednesday, 10 Feb 2016 | 7:16 AM ET

    NEW YORK— Staples has received European approval for its buyout of Office Depot and in exchange, it said Wednesday that it would split off some operations in Europe to allay monopoly fears. The company will divest all of Office Depot's operations in Sweden, as well as European retail, contract, online and catalog operations in an agreement with the European...