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Top News & Analysis Florida

  • NEW YORK, Feb 15- A Florida software engineer and a New Jersey pastor engaged in lies and corruption to facilitate an illegal bitcoin exchange business whose operators wanted to take over a small credit union to evade scrutiny, a federal prosecutor said on Wednesday. Attorney Won Shin told jurors that programmer Yuri Lebedev schemed with others to bribe Trevor...

  • VERO BEACH, Fla. _ Armour Residential REIT Inc. on Wednesday reported fourth-quarter net income of $94.1 million. On a per-share basis, the Vero Beach, Florida- based company said it had profit of $2.45. Armour Residential REIT shares have declined almost 1 percent since the beginning of the year.

  • White House spokesman Sean Spicer declined to comment on possible replacements, but said late Wednesday that the White House had seen the writing on the wall. Puzder's nomination became part of a streak of contentious confirmation battles and haphazard White House actions, including a botched rollout of Trump's executive order on refugees and the ouster of...

  • DETROIT— If you do your homework, now is the time to practically steal a new sedan from your car dealer. Brad Korner, general manager of AIS Rebate, an Ann Arbor, Michigan, firm that follows the labyrinth of automaker discounts, equates buying a car cheap with purchasing discounted baked goods. Earl Stewart, a North Palm Beach, Florida, Toyota dealer who is critical of...

  • NEW YORK— President Donald Trump's first weeks in office have spawned anxiety and even arguments at some workplaces, putting owners— especially at smaller companies— in the position of needing to protect peace and productivity. At software maker BetterWorks, CEO Kris Duggan has noticed a drop in productivity since Trump's Jan. 20 inauguration, with staffers...

  • The Florida Times-Union reports that former able seaman Marvin Hearman III testified Tuesday before the U.S. Coast Guard Marine Board of Investigation in Jacksonville, Florida. Information from: The Florida Times-Union, http://www.jacksonville.com.

  • NEW PORT RICHEY, Fla. _ Manitowoc Foodservice Inc. on Wednesday reported fourth-quarter net income of $21.4 million. Manitowoc Foodservice expects full-year earnings in the range of 65 cents to 75 cents per share. Manitowoc Foodservice shares have fallen nearly 1 percent since the beginning of the year.

  • OMAHA, Neb.— CSX wants its shareholders to vote on the demands a hedge fund is making as it seeks to install the executive who led Canadian Pacific's turnaround at the U.S. railroad. The Jacksonville, Florida- based CSX said Tuesday it will call a special shareholder meeting so investors can have a say on the requests from Paul Hilal's hedge fund, which it detailed in a...

  • NEW YORK- Federal Reserve Bank of New York President William Dudley participates in a fireside chat before the Cornell College of Business Annual New York City Predictions Event organized by the Cornell College of Business and the Johnson Club of New York City- 0015 GMT. WASHINGTON- Federal Reserve Chair Janet Yellen delivers semiannual monetary testimony...

  • NEW YORK- Federal Reserve Bank of New York President William Dudley participates in a fireside chat before the Cornell College of Business Annual New York City Predictions Event organized by the Cornell College of Business and the Johnson Club of New York City- 0015 GMT. WASHINGTON- Federal Reserve Chair Janet Yellen delivers semiannual monetary testimony...

  • MIAMI _ World Fuel Services Corp. on Tuesday reported fourth-quarter earnings of $2.2 million. The Miami- based company said it had net income of 3 cents per share. World Fuel Services shares have declined 1 percent since the beginning of the year.

  • DALLAS— Support from labor unions was critical when Doug Parker's US Airways forced a merger with American, but now the CEO of the world's biggest airline is under fire from unions unhappy about pay that lags rates at rival Delta. The unions are complaining about lower pay and profit sharing than counterparts at Delta Air Lines. American says it has increased...

  • NEW YORK— Ringling Bros. and Barnum& Bailey Circus may be shuttering, but Big Apple Circus has managed to cartwheel itself out of bankruptcy. A judge on Tuesday approved a deal that would save the circus by selling its tents, equipment and intellectual property to Big Top Works, an affiliate of the Florida- based investment firm Compass Partners LLC.

  • MIAMI— Carnival is expanding its cruises to Cuba so that is can keep up with strong demand. That brand will sail from Miami to Cuba through May. Carnival Corp. CEO Arnold Donald said in a written statement on Tuesday that the company is optimistic that it will be granted approval by Cuba for additional Carnival Corp. brands.

  • MIAMI _ Watsco Inc. on Tuesday reported fourth-quarter profit of $26.5 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share. Watsco shares have climbed almost 6 percent since the beginning of the year.

  • WASHINGTON— There was President Donald Trump, in the middle of his Mar-a-Lago resort, conferring with Japanese Prime Minister Shinzo Abe on decisions with national security implications over iceberg wedge salads. It was fascinating to watch the flurry of activity at dinner when the news came that North Korea had launched a missile in the direction of Japan, "...

  • NEW YORK, Feb 13- The trial of two men was delayed on Monday in a case stemming from a probe into a bitcoin exchange and a data breach at JPMorgan Chase& Co after prosecutors revealed a new witness. Jury selection was set to begin in Manhattan federal court in the case of Yuri Lebedev, whom authorities call the architect of bitcoin exchange Coin.mx' s platform, and...

  • WASHINGTON- Federal Reserve Chair Janet Yellen to deliver her semiannual monetary testimony before the Senate Banking Committee- 1500 GMT. NEWARK, United States- Richmond Fed President Jeffrey Lacker to speak before the 2017 Economic Forecast forum hosted by the Lyons Companies and the Lerner College Center for Economic Education and Entrepreneurship-...

  • WASHINGTON- Federal Reserve Chair Janet Yellen to deliver her semiannual monetary testimony before the Senate Banking Committee- 1500 GMT. NEWARK, United States- Richmond Fed President Jeffrey Lacker to speak before the 2017 Economic Forecast forum hosted by the Lyons Companies and the Lerner College Center for Economic Education and Entrepreneurship-...

  • US President Donald Trump

    President Donald Trump reacted to a North Korean missile test within view of diners at his Mar-a-Lago club.