The FTC sues diet pill maker Roca Labs for trying to silence unhappy customers and making "outrageously deceptive claims" for its products.» Read More
_ ALASKA: Governor's proposed oil tax cuts failed to gain approval. _ FLORIDA: Oil production taxes reduced to offset technological costs of extraction. _ IDAHO: Replaced an existing oil tax with a 2.5 percent conservation tax on the market value of all oil and gas produced.
Oct 2- Real estate investment trust Javelin Mortgage Investment Corp priced its initial public offering at $20 per share but increased its size to 7.25 million shares, raising $145 million, an underwriter told Reuters. The Florida- based company plans to list its stock on the New York Stock Exchange under the symbol "JMI."
NEW YORK, October 02 Fitch Ratings affirms the following credit ratings of Highwoods Properties, Inc. and its operating partnership, Highwoods Realty Limited Partnership,: Highwoods Properties, Inc.-- Long-term IDR at' BBB-';-- Preferred stock at' BB'.
The first sign of trouble showed up last Wednesday, when crews noticed loose seats on a plane that had flown from Dallas-Fort Worth International Airport to Vail, Colo. The seats were tightened again that day in Boston. The same plane had to make an emergency landing Monday when seats came loose shortly after takeoff on a New York- to- Miami flight.
Oct 2- Fitch Ratings has assigned the following ratings for Tenet Healthcare Corp.' s. The ratings apply to approximately $4.9 billion of debt at June 30, 2012.
*Orkin acquires portions of hulett environmental services. *Orkin says the transaction was for an undisclosed sum. *Orkin LLC- other Hulett branches in south Florida will remain with the Hulett.
DETROIT-- Americans found plenty of reasons to buy new cars in September, making auto sales a bright spot in the economy for yet another month. Sales rose for most carmakers, led by big gains at Toyota, Honda and Volkswagen. Gas prices have jumped 14 percent since July 1, and hit $3.79 per gallon at the end of September, a record for that time of year.
MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the average musicians' salary by $46,000 a year.
NEW YORK, Oct 2- A Florida fund manager admitted on Tuesday to tricking investors out of $13 million by falsely telling them he had put their money in coveted shares of Facebook Inc and Groupon Inc before the Internet companies went public.
MIAMI-- Dwyane Wade will not be wearing Jordan Brand sneakers and apparel. Wade said his time with Converse and Jordan has been an "unbelievable nine years." Wade made the switch from Converse to Jordan Brand in 2009. Both are owned by Nike Inc..
--We revised our outlook on Ocwen Loan Servicing LLC to stable as a residential mortgage subprime, special, and subordinate-lien servicer and affirmed our ABOVE AVERAGE rankings on the company in these categories.
NEW YORK-- A Florida mutual fund executive on Tuesday admitted that he lied when he promised investors early shares in companies such as Facebook and Groupon and spent their money instead on a lavish lifestyle that included pricey cars and jewelry.
BERLIN, N.H.-- Mitt Romney is a part-time resident of this tiny state, and his fiscally conservative, socially moderate tenure as governor of neighboring Massachusetts once seemed a good match for New Hampshire's independent and libertarian-leaning electorate.
DALLAS-- American Airlines says passenger seats on a third flight came loose as the plane was airborne, and it's continuing to inspect other jets with similar seating. Separately an American flight on Tuesday from Chicago to London was diverted to Shannon Airport in Ireland after a report of smoke in the cabin.
ORLANDO, Fla.-- Florida is getting $9 million to study the citrus greening disease. The $9 million grant from the U.S. Department of Agriculture is going to the Citrus Research and Development Foundation in Lake Alfred, Fla.. By some estimates, it has cost Florida $3.6 billion in lost orange juice production and jobs.
TALLAHASSEE, Fla.-- Florida's massive retirement fund now has a $19.2 billion gap between the amount of money it has and the amount of money it needs to cover all current and future benefits. The size of the gap is still within a range considered healthy by many financial experts, but it could still fuel a political debate in the Florida Legislature.
TALLAHASSEE, Fla.-- Florida insurance regulators have announced they've received more than 100 filings from auto insurers doing business in the state and are expecting more by the close of business.
Jim Nash is such a big Yankees fan that he named his son George Mattingly Nash, combining two of his favorite players: George Herman Ruth and Don Mattingly. Now, power up the computer and get a prize from the likes of R.A. Dickey, Cliff Lee, Andrew McCutchen and Clayton Kershaw.