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Top News & Analysis Florida

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  • SAN JUAN, Puerto Rico— Most tables are empty at Walter Martin's coffee shop in San Juan's colonial district. But Puerto Rico's entrenched economic crisis is leading people to either cut their personal spending to the basics or flee to the mainland to search for jobs, contributing to the struggles of those left on the island. Nearly 10 years into a deep economic...

  • DANA POINT, Calif.— Billionaire industrialist Charles Koch warned America is "done for" if the conservative donors and politicians he gathered at a retreat over the weekend don't rally others to their cause of demanding a smaller, less-intrusive government. That network has a budget of $889 million through the end of 2016— and much of it will be directed at...

  • WASHINGTON— Aiming to jolt the rest of the world to action, President Barack Obama moved ahead Sunday with even tougher greenhouse gas cuts on American power plants, setting up a certain confrontation in the courts with energy producers and Republican-led states. Yet it will be up to Obama's successor to implement his plan, which has faced steep Republican...

  • FP&L is the state's largest electric utility, and NextEra operates in 26 other states and Canada. Now, NextEra is opening its own coffers to support Right to Rise, the super PAC formed to help Bush's bid for the presidency. Kristy Campbell, a Bush campaign spokeswoman, denied any conflict of interest in Bush's relationship with NextEra.

  • Within a three-hour period Friday, the State Department made public more than 2,200 pages of emails sent from Clinton's personal account, her campaign released a letter from her personal doctor about her health and she unveiled eight years of tax returns. Meanwhile, Clinton herself was campaigning at the annual meeting of the National Urban League and...

  • NEW YORK, July 31- Donald Trump is staking his run for U.S. president in part on a vow to protect American jobs. But this month, one of his companies, the elite Mar-a-Lago Club resort in Florida, applied to import 70 foreign workers to serve as cooks, wait staff and cleaners. Nine companies majority-owned by Trump have sought to bring in foreign waitresses, cooks,...

  • Puerto Rico to miss debt payment, signalling default Friday, 31 Jul 2015 | 8:10 PM ET
    The Puerto Rican flag flies near the Capitol building as the island's residents deal with the government's $72 billion debt on in San Juan, Puerto Rico

    Puerto Rico will miss a debt repayment Saturday, the government confirmed, as one of the largest ever US municipal debt restructurings beckons.

  • His comments came a day after 14 U.S. lawmakers told the Air Force and NASA they had "serious concerns" about the fact that closely-held SpaceX is leading the probe, rather than the government, and whether it would receive enough oversight. He said the Air Force had been involved from the beginning of the investigation, which is led by SpaceX under the oversight of...

  • NEW YORK, July 31- A U.S. appeals court on Friday upheld a lower court's decision to clear Qualcomm Inc in a patent lawsuit by wireless chip developer ParkerVision Inc, allowing it to escape a $173 million verdict for infringement. The U.S. Court of Appeals for the Federal Circuit in the District of Columbia also ruled that nearly all of the patents ParkerVision...

  • DETAILS: Quartet Magnetic and Dry Erase Boards sold between January 2005 and December 2013. The boards were sold in eight sizes, including 5 ½ x 14, 8 ½ x 11, 11 ½ x 11 ½, 11 x 17, 12 x 12, 14 x14, 17 x 17 and 17 x 23. They were sold at Ace Hardware, Fred Meyer, Menards, Office Depot and other stores nationwide. FOR MORE: Call ACCO Brands at 800-611-6654 from 8 a.m. to 5 p.m. CT...

  • NEW YORK, July 31- Puerto Rico on Friday planned to cover a payment due on debt owed by its development bank, a source familiar with the matter said, but the U.S. territory may still be short of the funds needed to pay all of the obligations due on Saturday. But Puerto Rico is expected to default on a $58 million payment on Public Finance Corporation bonds due Saturday...

  • Puerto Rico Governor Alejandro Garcia Padilla shocked investors in June when he said the island's debt- totaling $72 billion- was unpayable and required restructuring. Puerto Rico has flagged that it will likely skip a $58 million payment due Aug. 1 on its Public Finance Corporation debt, which has weaker investor protection than some other bonds.

  • Qualcomm wins appeal in $173 mln ParkerVision case Friday, 31 Jul 2015 | 10:41 AM ET

    NEW YORK, July 31- A U.S. appeals court on Friday upheld a lower court's decision to clear Qualcomm Inc in a patent lawsuit by ParkerVision Inc, allowing it to escape a $173 million verdict for infringement. ParkerVision had accused Qualcomm of infringing its patents beginning in 2006 over a means to convert radio frequency signals, and incorporating its...

  • MIAMI— Royal Caribbean cruised beyond most expectations for its second quarter thanks in part to falling energy prices and it raised its profit guidance for the year. The per-share earnings were 12 cents better than Wall Street expectations, according to a poll by Zacks Investment Research. Royal Caribbean now foresees 2015 adjusted earnings in the range of...

  • Ruth's Hospitality beats Street 2Q forecasts Friday, 31 Jul 2015 | 7:06 AM ET

    WINTER PARK, Fla. _ Ruth's Hospitality Group Inc. on Friday reported second-quarter net income of $7.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. Ruth's Hospitality shares have risen almost 9 percent since the beginning of the year.

  • Puerto Rico Governor Alejandro Garcia Padilla shocked investors in June when he said the island's debt- totaling $72 billion- was unpayable and required restructuring. Puerto Rico has flagged that it will likely skip a $58 million payment due Aug. 1 on its Public Finance Corporation debt, which has weaker investor protection than some other bonds.

  • MIAMI— Drawing a sharp distinction with Republican rivals in the pivotal election state of Florida, Hillary Rodham Clinton on Friday called on the GOP-run Congress to end the trade embargo the U.S. has imposed on Cuba since 1962. President Barack Obama has normalized diplomatic relations with Cuba and made it easier for Cuban-Americans to visit and send money...

  • SAO PAULO, July 30- The lawyer behind the plea bargain deals that helped investigators unearth a multi-billion-dollar corruption scandal at Brazilian state-run oil firm Petrobras said on Thursday she closed her law firm because she felt threatened by a congressional committee. A congressional committee investigating Petroleo Brasileiro SA, as...

  • Web.com beats Street 2Q forecasts Thursday, 30 Jul 2015 | 7:16 PM ET

    JACKSONVILLE, Fla. _ Web.com Group Inc. on Thursday reported second-quarter net income of $4.6 million, after reporting a loss in the same period a year earlier. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share. Web.com shares have climbed 22 percent since the beginning of the year.

  • World Fuel Services posts 2Q profit Thursday, 30 Jul 2015 | 7:01 PM ET

    MIAMI _ World Fuel Services Corp. on Thursday reported second-quarter profit of $29.9 million. World Fuel Services shares have risen almost 1 percent since the beginning of the year. Keywords: World Fuel Services, Earnings Report.