Top News & Analysis Florida

  • Dec 1- Brokerage Raymond James Financial Inc said on Thursday that Thomas James would relinquish his role as chairman of its board and become chairman emeritus. James, who was also chief executive of Raymond James for over 40 years before Paul Reilly took over the post in 2010, joined the company in 1966, four years after his father, Robert James, founded it.

  • PORTLAND, Maine— A monthlong trial aimed at settling a high-stakes water dispute between Georgia and Florida ended Thursday with a special master imploring both sides to negotiate a settlement. Florida blames the booming Atlanta metropolitan area and agriculture in Georgia for causing low river flows that have imperiled fisheries in Apalachicola Bay.

  • Iridium Communications Inc. said Thursday that 10 of its satellites will be aboard the SpaceX Falcon rocket tentatively scheduled to take off from Vandenberg Air Force Base in California on Dec. 16. The Federal Aviation Administration must first sign off on the accident investigation. A massive fireball engulfed a Falcon rocket on the pad at Cape Canaveral,...

  • WASHINGTON, Dec 1- Carnival Corp's Princess Cruise Lines will plead guilty to seven felony charges for polluting the seas and deliberate acts to cover it up, and pay a record $40 million criminal penalty, the U.S. Justice Department said on Thursday. Shares of Carnival, the world's largest cruise operator, were down more than 2 percent at $50.29 in midday trading on...

  • MIAMI— Princess Cruise Lines will pay a $40 million penalty after pleading guilty to seven federal charges in an illegal ocean pollution case that involved one ship's use of a so-called magic pipe to divert oily waste into the waters, authorities said Thursday. A plea agreement filed in federal court also requires Carnival Corp., parent company of the Princess...

  • Now 47, Andres just received two Michelin stars for his Washington, D.C.- based restaurant minibar, and was recently honored by President Barack Obama with a National Humanities Medal. Andres has even made headlines for a restaurant he did not open, at President-elect Donald Trump's new hotel in Washington, D.C., for which he is still embroiled in a $10 million...

  • WASHINGTON, Dec 1- Carnival Corp's Princess Cruise Lines will plead guilty to seven felony charges of polluting the seas and trying to cover it up, and pay a record $40 million criminal penalty, the U.S. Justice Department said on Thursday. Shares of Carnival, the world's largest cruise operator, were down 1.8 percent at $50.50 in late-morning trading on the New...

  • Dec 1- Discount retailer Dollar General Corp reported a surprise drop in quarterly comparable sales and tempered its full-year profit forecast, hit by lower grocery prices and reduced food stamp coverage in several U.S. states. The company's shares were down 7.3 percent at $71.67 in morning trading on Thursday. "It became apparent that our incremental actions...

  • JACKSONVILLE, Fla.— Jacksonville Sheriff's Office says bank robbery suspect in custody after 11 hostages freed from Florida credit union.

  • WASHINGTON, Dec 1- Carnival Corp's Princess Cruise Lines will plead guilty to seven felony charges of polluting the seas and trying to cover it up, and pay a record $40 million criminal penalty, the U.S. Justice Department said on Thursday. U.S. investigators began to probe the ship's actions after a whistle-blower engineer reported an illegal dump off the coast...

  • MOSCOW— An unmanned Russian cargo spaceship heading to the International Space Station broke up in the atmosphere over Siberia on Thursday due to an unspecified malfunction, the Russian space agency said. The Progress MS-04 cargo craft broke up at an altitude of 190 kilometers over the remote Russian Tuva region in Siberia that borders Mongolia, Roscosmos...

  • The company's shares were down 7.6 percent at $71.48 in premarket trading on Thursday. Discount retailers have also been hit by changes in the Supplemental Nutrition Assistance Program, formerly called the food stamp program. States implementing SNAP changes this year include Florida, Georgia, Alabama and Tennessee, which have some of the highest...

  • CAPE CANAVERAL, Fla., Dec 1- Tech billionaire Elon Musk's SpaceX hopes to return its Falcon 9 rocket to flight on Dec. 16, said Iridium Communications Inc, which plans to have 10 of its satellites on board for launching. The launch is contingent on approval by the Federal Aviation Administration, which oversees U.S. commercial space transportation, Iridium said on...

  • SolarCity, a San Mateo, Calif.- based subsidiary of electric car maker Tesla Motors, on Thursday said it is opening an operations center in the Orlando area and plans to expand into other areas of Florida. The company's decision to enter the Florida market was helped by voters' rejection of Amendment 1 on Nov. 8. A typical SolarCity operations center employs about 100...

  • By the end of 2016, as many as 22 states would have changed the criteria for the Supplemental Nutrition Assistance Program, formerly called the food stamp program- a move that is likely to result in about 1 million Americans losing benefits. States implementing SNAP changes this year include Florida, Georgia, Alabama and Tennessee, which have some of the highest...

  • The White House said in a statement after the House vote: "The Senate should promptly pass this bill so that the President can sign it." The bill, sponsored by Republican Representative Fred Upton of Michigan, authorizes $4.8 billion to the National Institutes of Health and $500 million to the Food and Drug Administration to streamline the clinical trial process...

  • So far, the president-elect is tapping people with deep ties to Washington and Wall Street as he fills out his Cabinet, turning to two power centers he vilified as greedy, corrupt and out of touch with Americans during his White House campaign. Jeff Sessions, Trump's selection for attorney general, has spent two decades in the Senate, and Tom Price, his health and...

  • "At this point, we think logic will prevail," Union Pacific's Chief Financial Officer Rob Knight said. And Knight said that shipments to and from Mexico account for about 12 percent of Omaha, Nebraska- based Union Pacific's volume. So Trump's criticism of the North American Free Trade Agreement between the United States, Mexico and Canada would seem troubling for...

  • LAUDERDALE, Fla. _ National Beverage Corp. on Wednesday reported fiscal second-quarter net income of $24.6 million. Lauderdale, Florida- based company said it had profit of 53 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Nov 30- The U.S. House of Representatives is poised to pass a sweeping, $6.3 billion bill that supporters say will spur medical innovation, speed access to new drugs, expand access to mental health treatment and battle the opioid epidemic. The Senate is expected to vote on it next week. The Act, sponsored by Republican representative Fred Upton from Michigan,...