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Top News & Analysis Florida

  • "We... always have to be diligent about getting the right return," particularly as costs rise, Richard Peretz, the company's chief financial officer, said at an investor event. His comments came a day after the company tested home delivery by drone in Lithia, Florida, the first step in what it hopes will be more automated- and cheaper- deliveries in rural areas.

  • Tyson Foods signage is displayed on the floor of the New York Stock Exchange on Monday, Nov. 21, 2016.

    In his first televised interview as CEO of Tyson Foods, Tom Hayes told "Squawk on the Street" that the SEC's price-fixing probe was unfounded.

  • DALLAS— American Airlines has begun selling cheaper "basic economy" fares as it battles discount airlines for the most budget-conscious travelers. American announced Tuesday that it began selling the new fares for flights starting March 1 on 10 different routes from its hub airports in Dallas, Miami, Philadelphia and Charlotte, North Carolina.

  • Feb 21- Package delivery company United Parcel Service Inc tested home delivery by drone in Lithia, Florida, on Monday, the first step in what the company hopes will be a move toward more automated delivery. The Tampa- area test, which UPS said went as expected, came less than a month after UPS said it would push forward investment in automation and technology as the...

  • GAINSVILLE, Fla. _ Exactech Inc. on Tuesday reported a fourth-quarter loss of $11.8 million, after reporting a profit in the same period a year earlier. For the current quarter ending in April, Exactech expects its per-share earnings to range from 30 cents to 32 cents. Exactech expects full-year earnings in the range of $1.24 to $1.32 per share, with revenue...

  • CORAL GABLES, Fla. _ Fresh Del Monte Produce Inc. on Tuesday reported fourth-quarter net income of $12 million, after reporting a loss in the same period a year earlier. The Coral Gables, Florida- based company said it had net income of 23 cents per share. For the year, the company reported profit of $225.1 million, or $4.33 per share.

  • NORTH VENICE, Fla. _ PGT Inc. on Tuesday reported fourth-quarter profit of $4.1 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share. Seven analysts surveyed by Zacks expected $111.6 million.

  • SAINT PETERSBURG, Fla. _ United Insurance Holdings Corp. on Monday reported a fourth-quarter loss of $10.5 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Saint Petersburg, Florida- based company said it had a loss of 49 cents. Keywords: United Insurance Holdings, Earnings Report.

  • HAVANA, Feb 20- The Mississippi ports of Pascagoula and Gulfport signed agreements in Cuba on Monday with an eye to future business and with a Republican U.S. senator from the state looking on, despite concerns President Donald Trump might backtrack on improved relations. There is great potential for business between these ports and Cuba due to the...

  • Traffic analytics firm Inrix has calculated how much time drivers spend stuck in traffic during peak travel times last year in 1,064 cities in 38 countries worldwide. Source: Inrix Inc., 2016 Global Traffic Scorecard. Does not include cities in Japan or China, where Inrix does not collect its own data.

  • DETROIT— When it comes to getting stuck in traffic on the way to and from work, Los Angeles leads the world. That topped second-place Moscow at 91 hours and third-place New York at 89, according to a traffic scorecard compiled by Inrix, a transportation analytics firm. San Francisco was the fourth-most congested city, while Bogota, Colombia, was fifth, Sao Paulo...

  • DETROIT, Feb 20- Traffic jams cost U.S. drivers an average of $1,200 a year in wasted fuel and time, and much more in Los Angeles, the city with the world's biggest rush hour traffic delays, according to a study by INRIX Inc released on Monday. While Thailand was the world's most congested country in 2016, according to the study, the United States had the worst traffic...

  • CAPE CANAVERAL, Fla.— A SpaceX rocket soared from NASA's long-idled moonshot pad Sunday, sending up space station supplies from the exact spot where astronauts embarked on the lunar landings nearly a half-century ago. It was the first flight from NASA's legendary Launch Complex 39 A since the shuttle program ended almost six years ago, and SpaceX's first...

  • CAPE CANAVERAL, Fla.— Last-minute rocket trouble forced SpaceX on Saturday to delay its inaugural launch from NASA's historic moon pad. The Falcon remains at Kennedy Space Center's Launch Complex 39 A, waiting to soar on a space station delivery mission. Up at the International Space Station, French astronaut Thomas Pesquet had a light-hearted take on the delay.

  • SACRAMENTO, Calif.— A mortgage services company signed a $225 million settlement with California regulators on Friday to settle allegations it overcharged active-duty military members, was late in providing key information for some civilian borrowers seeking to modify their loans and violated other laws. Florida- based Ocwen Loan Servicing agreed to pay...

  • SAN FRANCISCO, Feb 17- The state of Delaware will sell $225 million of general obligation bonds on Feb. 23, the largest offer in a trading week shortened by the Presidents Day holiday on Monday. The subdued level of supply is in line with the low-volume trend that began at the outset of the month, according to Alan Schankel, managing director and municipal strategist...

  • Space Exploration Technologies Corp is preparing for liftoff at 10:01 a.m. EST on Saturday from Launch Complex 39 A at NASAs Kennedy Space Center, which was the starting point for 82 space shuttle missions. NASA leased the pad to SpaceX, as Musk's company is known, in 2014.. For its Kennedy Space Center debut, SpaceX will launch a Dragon cargo ship to the...

  • NORTH CHARLESTON, S.C.— Hoping to shift attention from his troubled White House, President Donald Trump hit the road Friday to deliver a pep talk to American workers and the rest of the nation, resurrecting the jobs promises that powered his election victory and pledging in a campaign-style rally to "unleash the power of the American spirit."

  • Dormant for nearly six years, NASA's Launch Complex 39 A should see its first commercial flight this weekend. The accident prompted SpaceX to whip 39 A into shape sooner than anticipated under its lease with NASA. NASA built 39 A, as it's commonly known, in the mid-1960s for the monstrous Saturn V moon rockets.

  • LANTANA, Fla.— President Donald Trump wants small businesses to thrive, but his frequent Mar-a-Lago visits have flight schools and other companies at a nearby airport in a financial nosedive. The Secret Service closed Lantana Airport on Friday for the third straight weekend because of the president's return to his Palm Beach resort, meaning its maintenance...