Top News & Analysis Florida

  • WASHINGTON, Jan 19- U.S. regulators are expected on Thursday to close a six-month-old investigation into the death of a man whose Tesla collided with a truck while he was using its semi-autonomous driving system and not seek a vehicle recall, according to a source briefed on the matter. Tesla's Autopilot, introduced in October 2015, has been the focus of intense...

  • WASHINGTON, Jan 19- The U.S. National Highway Traffic Safety Administration on Thursday is expected to close a six-month-old investigation into the death of a Tesla Motors Inc car driver using its semi-autonomous driving system Autopilot without seeking a recall, according to a source briefed on the matter. Tesla in September unveiled improvements to its...

  • A year ago, Harrison led a failed Canadian Pacific bid to acquire Norfolk Southern railroad. Canadian Pacific abandoned its roughly $30 billion bid for Norfolk Southern after encountering opposition from the railroad, politicians and some customers. Citi research analyst Christian Wetherbee said Harrison's new approach to CSX could be much less...

  • PHILADELPHIA— Sarah Feinberg was on the job as the nation's chief railroad regulator for just three weeks when a packed commuter train slammed into an SUV stopped on tracks north of New York City, killing six people. Feinberg, whose tenure as the Federal Railroad Administrator ends with Donald Trump's inauguration as president on Friday, embraced her outsider...

  • OMAHA, Neb.— CSX railroad officials expect profits to grow this year as the economy improves modestly, coal demand stabilizes and President-elect Donald Trump pursues reforms. The Jacksonville, Florida- based railroad offered a somewhat optimistic outlook Wednesday, a day after reporting a $458 million fourth-quarter profit. CSX CEO Michael Ward said...

  • WASHINGTON— President-elect Donald Trump's pick for commerce secretary said Wednesday that he favors "sensible trade," is pro-union and believes his vast business dealings have given experience fighting other countries' unfair trade practices. Billionaire investor Wilbur Ross cited his relationship with the United Steelworkers Union, which has...

  • The settlement commits San Francisco- based McKesson Corp. to a multi-year suspension of sales of controlled substances from distribution centers in Colorado, Ohio, Michigan and Florida. The suspensions are among the most severe sanctions ever agreed to by a Drug Enforcement Agency- registered distributor, according to a statement by the U.S. Justice...

  • Jan 17- McKesson Corp, one of the largest U.S. distributors of pharmaceutical drugs, will pay a record $150 million to resolve a U.S. investigation into whether it failed to report suspicious orders of addictive painkillers. Tuesday's deal with the U.S. Justice Department followed an earlier settlement with the company over similar violations in 2008.

  • NEW YORK, Jan 17- A Florida man pleaded guilty on Tuesday to charges stemming from his employment with an unlicensed bitcoin exchange that prosecutors say was owned by an Israeli who oversaw a massive scheme to hack companies including JPMorgan Chase& Co.. Ricardo Hill, 38, entered his plea in Manhattan federal court to seven counts, including conspiracy to...

  • OMAHA, Neb.— CSX Corp.' s fourth-quarter profit declined 2 percent as the railroad worked to limit its costs while shipping demand remained weak. The Jacksonville, Florida- based railroad said Tuesday it generated $458 million in net income, or 49 cents per share, in the fourth quarter. That's down from $466 million net income, or 48 cents per share, a year earlier.

  • NEW YORK— An American Airlines plane has clipped another plane with its wingtip while backing up at New York's LaGuardia Airport. A spokesman for Fort Worth, Texas- based American Airlines Group Inc. says the Boeing 737 was pushing back from its gate when it struck a wing of an American Eagle aircraft operated by Republic Airlines. Spokesman Ross Feinstein says...

  • Giant, dinosaur-like gator spotted in Florida

    A giant alligator is spotted taking a stroll in Florida.

  • WASHINGTON, Jan 17- Billionaire Wilbur Ross, chosen by Donald Trump to help implement the president-elect's trade agenda, earned his fortune in part by running businesses that have offshored thousands of U.S. jobs, according to Labor Department data attained by Reuters. Data attained by Reuters through a Freedom of Information Act request shows that rescue...

  • WASHINGTON, Jan 17- Billionaire Wilbur Ross, chosen by Donald Trump to help implement the president-elect's trade agenda, earned his fortune in part by running businesses that have offshored thousands of U.S. jobs, according to Labor Department data attained by Reuters. Data attained by Reuters through a Freedom of Information Act request shows that rescue...

  • LOS ANGELES, Jan 16- Fox and Chernin Entertainment's "Hidden Figures" dominated the domestic box office, topping charts for the second straight weekend after earning $26 million. It will likely face fierce competition from "La La Land," a critically beloved movie musical with Emma Stone and Ryan Gosling. That brings the Lionsgate release's domestic total to $77...

  • BERLIN, Jan 16- A lawyer for one of the Volkswagen executives charged last week by U.S. prosecutors over the company's diesel emissions scandal said the way they handled the legal process would have been unconstitutional under German law. "We learned of the indictment from a live press conference," Hamburg- based lawyer Annette Voges said on Monday, adding that the...

  • NEW YORK, Jan 16- Over the past five years, stock analysts have challenged JPMorgan Chase& Co executives for keeping so many branches open as customers did more and more banking online. JPMorgan has grown deposits over the last five years faster than major competitors and twice as fast as the industry, according to analysts at Bernstein Research.

  • NEW YORK, Jan 16- Over the past five years, stock analysts have challenged JPMorgan Chase& Co executives for keeping so many branches open as customers did more and more banking online. JPMorgan has grown deposits over the last five years faster than major competitors and twice as fast as the industry, according to analysts at Bernstein Research.

  • "There isn't any one thing," said Kenneth Feld, chairman and CEO of Feld Entertainment. " Major stops include Atlanta, Washington, Philadelphia, Boston and Brooklyn. The final shows will be in Providence, Rhode Island, on May 7 and in Uniondale, New York, at the Nassau County Coliseum on May 21.

  • In a statement sent Saturday night, People for the Ethical Treatment of Animals said it "heralds the end of what has been the saddest show on earth for wild animals, and asks all other animal circuses to follow suit, as this is a sign of changing times." Wayne Pacelle, the president and CEO of the Humane Society of the United States, said the circus has changed "a great deal...