German hedge fund manager Florian Homm, who had been a fugitive for more than five years, was arrested in Italy on U.S. fraud charges, according to a statement from the U.S. attorney's office in Los Angeles.» Read More
HARTFORD, Conn.-- Utilities and governments along the East Coast are working to head off long-term power failures as forecasters predict a major storm to hit a region already skittish after foul weather in recent months that plunged residents into darkness for weeks.
HAVANA- Hurricane Sandy, strengthening rapidly after crossing the warm Caribbean Sea, slammed into southeastern Cuba early on Thursday with 105 mph winds that cut power and blew over trees across the city of Santiago de Cuba.
*Makes landfall southwest of Santiago de Cuba. HAVANA, Oct 25- Hurricane Sandy, strengthening rapidly after crossing the warm Caribbean Sea, slammed into southeastern Cuba early on Thursday with 105 mph winds that cut power and blew over trees across the city of Santiago de Cuba.
NEW YORK-- JetBlue Airways Corp. said Thursday its third-quarter net income rose 29 percent as higher traffic from an ongoing expansion in Boston and the Caribbean offset the impact of slightly lower fares. The New York airline earned $45 million, or 14 cents per share, compared with $35 million, or 11 cents per share, in the third quarter a year ago.
CARACAS, Venezuela-- After four election wins, Venezuelan President Hugo Chavez is on track to completing at least 20 years in power, and supporters such as street bookseller Cristina Tovar say they're glad to have him in charge.
*Makes landfall southwest of Santiago de Cuba. *Storm to cross Cuba in several hours, headed to Bahamas. HAVANA, Oct 25- Hurricane Sandy, strengthening rapidly after crossing the warm Caribbean Sea, slammed into southeastern Cuba early on Thursday with 110 mph winds that cut power and blew over trees across the city of Santiago de Cuba.
Oct 24- Sandy formed into a category 1 hurricane on Wednesday, and was located about 65 miles south of Kingston, Jamaica, and about 235 miles south-southwest of Guantanamo, Cuba, the U.S. National Hurricane Center said in its latest bulletin. ``The center of Sandy is expected to move near or over eastern Jamaica this afternoon and this evening, move over eastern Cuba tonight and Thursday morning, and approach the central Bahamas on Thursday,'' the NHC said.
PLANO, Texas-- Dr. Pepper Snapple Group Inc.' s net income climbed 16 percent in the third quarter as the company continued to raise prices. The company, which makes 7 Up, Sunkist, Mott's and other drinks, earned $179 million, or 84 cents per share, for the three months ended Sept. 30. That's up from $154 million, or 71 cents per share, a year ago.
PANAMA CITY-- Panama's president said Wednesday that he is willing to cancel plans to sell state-owned land in a duty-free zone on the Panama Canal following a week of sometimes violent protests in which a 10- year-old boy and two adults died.
PANAMA CITY-- Hundreds of people opposed to Panama selling state-owned land in a duty-free zone on the Panama Canal have marched through the city of Colon a day after a violent protest resulted in a death and several injuries. No violence has been reported Saturday in the Caribbean port city.
BUENOS AIRES, Argentina-- Argentina announced the immediate evacuation Saturday of about 300 crew members from the ARA Libertad, a navy training ship seized in Africa nearly three weeks ago as collateral for unpaid bonds dating from the South American nation's economic crisis a decade ago.
In a story about athletes and corporate endorsements, The Associated Press erroneously described an endorsement by Gabrielle Douglas, the Olympic gymnast. Nike forgave Tiger Woods after he apologized for cheating on his wife.
SAN JUAN, Puerto Rico-- Popular Inc., which operates Banco Popular and other banks in Puerto Rico and the U.S., said Friday its third-quarter profit jumped 71 percent amid continued stable revenue and declining bad loans. Popular reported net income of $47.2 million, or 45 cents per share, in the July-September quarter.
PANAMA CITY-- Anti-riot police used tear gas and fired into the air to disperse protesters in the Caribbean city of Colon who rioted Friday over a new law allowing the sale of state-owned land in the duty-free zone next to the Panama Canal.
This five-foot-tall character with a foam head painted with outrageous red lips, a shrill voice and a penchant for salacious details rules Puerto Rico's gossip circuit, with legions tuning into her show every afternoon ready for the latest bombshell.
KINGSTON, Jamaica-- Wildlife activists urged the Cayman Islands on Thursday to permanently halt the farming of green sea turtles at a popular government-owned tourist attraction that has released thousands of juveniles into the sea and harvests some for meat.
Organizers said some 14 million people, including 9.3 million in California, signed up to participate. The drill was held in some Western and southeastern states, as well as Guam, Puerto Rico and parts of Canada and Italy.
CASSELBERRY, Fla.-- A gunman opened fire at a central Florida beauty salon Thursday, killing three women and wounding the manager, who had asked for a restraining order against him, police said.
TEGUCIGALPA, Honduras-- Honduras' Supreme Court has struck down a plan to build a series of model cities with their own independent tax and justice systems, a proposal that was meant to spur economic growth in this Central American country struggling with corruption and crime.
The FBI arrested 21- year-old Quazi Mohammad Rezwanul Ahsan Nafis on Wednesday after he tried to detonate a fake 1,000- pound car bomb, according to a criminal complaint. "My son can't do it," his father, Quazi Ahsanullah, said as he wept in his home in the Jatrabari neighborhood in north Dhaka.