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Top News & Analysis Florida

  • NEW YORK, March 28- U.S. prosecutors on Tuesday charged an executive at a Turkish state-owned bank with participating in a multi-year scheme to violate U.S. sanctions against Iran, escalating a case that has added to tensions between the United States and Turkey. Magistrate Judge James Francis in Manhattan, a day after being arrested at John F. Kennedy...

  • Trump will attend a G20 summit in Hamburg, Germany, on July 7 and 8, the White House says after Trump spoke by phone to German Chancellor Angela Merkel. U.S. Senate Majority Leader Mitch McConnell says the Senate will have a final vote on April 7 on Trump's nominee for the Supreme Court, Neil Gorsuch, even as more Democrats oppose his confirmation.

  • The top Republican in Congress stands by Devin Nunes, a Trump ally who heads the House of Representatives intelligence committee and is under fire for his handling of an investigation into possible Russian ties to the president's election campaign. Trump will attend a G20 summit in Hamburg, Germany, on July 7 and 8, the White House said after Trump spoke by phone...

  • BOSTON— Convenience store magnate Christy Mihos, who built and sold a chain of markets bearing his name, twice ran unsuccessfully for governor and endured a nasty divorce and bankruptcy, has died at age 67.. He died Saturday in hospice care in Stuart, Florida, after a battle with cancer, his sister, Marlene Bucuvalas, told the Cape Cod Times. His death was confirmed...

  • MEXICO CITY— Mexican mining and rail conglomerate Grupo Mexico said Tuesday that it has reached an agreement to buy Florida East Coast Railway Holdings Corp. for $2.1 billion. The transaction will be financed by $350 million in Grupo Mexico funds and $1.75 billion in debt. The Jacksonville- based company finished construction of an overseas railway to Key...

  • The top Republican in Congress stands by Devin Nunes, the head of the House of Representatives intelligence committee, who is under fire for his handling of an investigation into possible Russian ties to Trump's election campaign. Trump will attend a G20 summit in Hamburg, Germany, on July 7 and 8, the White House said after Trump spoke by phone to German...

  • NEW YORK— Carnival Corp.' s profit more than doubled in the first-quarter as lower fuel costs and higher revenue helped it top Wall Street forecasts. The Miami- based cruise line's profit surged to $352 million, or 48 cents per share. The results surpassed Wall Street expectations of 35 cents a share, according to the average estimate of eight analysts surveyed by...

  • NEW YORK, March 28- Facundo L. Bacardi had little interest in joining the family business, which happens to be the largest privately held spirits company in the world, with a portfolio of more than 200 brands, including Bombay Sapphire, Grey Goose and Dewars. Now 50, he has been chairman of the board of Bermuda- based Bacardi Limited since 2005 and a director since 1993.

  • A Russian bank under Western economic sanctions over Russia's incursion into Ukraine discloses that its executives had met Jared Kushner, Trump's son-in-law and a top White House adviser, during the 2016 election campaign. Kushner, already a White House senior adviser, will take on the additional task of overseeing an effort to overhaul the federal...

  • MORGANTOWN, United States- Federal Reserve Board Governor, Jerome Powell speaks on " America's Central Bank: This History and Structure of the Federal Reserve" before the West Virginia University College of Business and Economics Distinguished Speaker Series 2030 GMT. ONTARIO- Bank of Canada Governor, Stephen Poloz will give speech at Durham College, UOIT and...

  • MORGANTOWN, United States- Federal Reserve Board Governor, Jerome Powell speaks on " America's Central Bank: This History and Structure of the Federal Reserve" before the West Virginia University College of Business and Economics Distinguished Speaker Series 2030 GMT. ONTARIO- Bank of Canada Governor, Stephen Poloz will give speech at Durham College, UOIT and...

  • NEW YORK— Don't mess with our stretch, United Airlines, or risk the wrath of leggings lovers. The social media matter of The Kids in Leggings vs. That's when one Shannon Watts said on Twitter she had witnessed a gate agent refusing to let two girls board a flight from Denver to Minneapolis because of their leggings.

  • Florida- based Stonegate will merge into Home BancShares' unit, Centennial Bank. Home BancShares acquired Giant Holdings Inc in November through which Giant's unit, Landmark Bank, merged into Centinnal Bank. RBC Capital Markets LLC was Home's financial adviser in the deal, while Stonegate was advised by Keefe, Bruyette& Woods.

  • NEW YORK, March 27- A wealthy Turkish gold trader's decision to hire former New York City Mayor Rudolph Giuliani and former U.S. Attorney General Michael Mukasey to represent him, as he defends against charges he conspired to violate U.S. sanctions on Iran, raises a potential conflict of interest, prosecutors said. Attorney Joon Kim in Manhattan said in a letter...

  • March 27- Bank holding company Home BancShares Inc said it would acquire regional lender Stonegate Bank in a cash-and-stock deal valued at about $778.4 million. Florida- based Stonegate will merge into Home BancShares' unit, Centennial Bank. Stonegate shareholders will receive proceeds of about $749.8 million, which consists of about $50 million in cash and...

  • ORLANDO, Fla. _ Darden Restaurants Inc. on Monday reported fiscal third-quarter earnings of $165.6 million. Darden Restaurants expects full-year earnings to be $3.95 to $4 per share. Darden Restaurants shares have risen roughly 4 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed almost 5 percent.

  • March 27- The owner of Ferrocarril Mexicano, Mexico's largest railroad operator, is nearing a deal to acquire Florida East Coast Railway for more than $2 billion, including debt, people familiar with the matter said on Monday. The acquisition would come at a sensitive time for relations between the United States and Mexico, following a pledge by U.S.

  • March 27- The owner of Ferrocarril Mexicano, Mexico's largest railroad operator, is nearing a deal to acquire Florida East Coast Railway for more than $2 billion, including debt, people familiar with the matter said on Monday. Grupo Mexico has prevailed in an auction for Florida East Coast Railway and is now negotiating final terms with the U.S. regional...

  • Housing is in high demand in most of the nation, but the housing recovery is becoming increasingly uneven, depending on location.

  • LOS ANGELES— As a billionaire developer, Donald Trump built casinos, luxe condo towers and lush golf courses. Now, as president, Trump aims to develop perhaps his most ambitious and surely his most contentious project yet: A wall along the nearly 2,000- mile U.S.- Mexico border. Among them are Kiewit and Flour Enterprises.