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  • Hard-hit worker wonders where the economic resurgence is Thursday, 22 Jan 2015 | 10:57 AM ET

    ST. PETERSBURG, Fla.— Ask Joshua Thevenin— who since last month has been a newspaper salesman, fireworks vendor and tele-marketer— what he thinks about assertions the economy is roaring toward recovery and you'll get a sigh and a shake of his head. Lately, everyone from economists to President Barack Obama himself are bullish on the economy. Labor Department...

  • BankUnited posts 4Q profit Thursday, 22 Jan 2015 | 7:45 AM ET

    MIAMI LAKES, Fla. _ BankUnited Inc. on Thursday reported fourth-quarter profit of $46.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. BankUnited shares have dropped 7 percent since the beginning of the year.

  • HAVANA, Jan 22- The United States and Cuba launch talks on Thursday on restoring diplomatic relations after a contentious session on immigration accentuated the difficulties in overcoming half a century of hostilities. Senior U.S. officials say they hope Cuba will agree to reopen embassies and appoint ambassadors in each other's capitals in coming months.

  • CONCORD, N.H.— Mitt Romney launched his last campaign for president at a New Hampshire farm, relied upon a New Hampshire victory to fuel his strategy to win the nomination and even posed the photos of his last family Christmas card on the shores of a New Hampshire lake where he still owns a home. But whatever home-field advantage the Republican Party's 2012 nominee...

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • DIARY- Top Economic Events to Feb 5 Wednesday, 21 Jan 2015 | 7:01 PM ET

    EDINBURGH, Scotland- Bank of England monetary policy committee member David Miles gives a speech at University of Edinburgh on "What can monetary policy do?" LONDON- Bank of England regulator Paul Fisher speaks at the Westminster Business Forum Insurance event- 0925 GMT. LONDON- Bank of England regulator Andrew Gracie gives speech at cyber-security conference...

  • UPDATE 1-Raymond James revenue slips from prior quarter Wednesday, 21 Jan 2015 | 5:51 PM ET

    NEW YORK, Jan 21- Brokerage and investment bank Raymond James Financial Inc said on Wednesday its fiscal first-quarter revenues totaled $1.25 billion, a 6 percent rise over last year, but a 3 percent drop from the record high revenue posted in the prior quarter. The St. Petersburg, Florida- based company reported net income of $126.3 million, or 87 cents per share, for...

  • Raymond James posts 1Q profit Wednesday, 21 Jan 2015 | 5:21 PM ET

    ST PETERSBURG, Fla. _ Raymond James Financial Inc. on Wednesday reported fiscal first-quarter net income of $126.3 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 87 cents per share. Raymond James shares have declined almost 9 percent since the beginning of the year.

  • Raymond James fiscal 1st-qtr revenues up 6 pct Wednesday, 21 Jan 2015 | 4:46 PM ET

    NEW YORK, Jan 21- Brokerage and investment bank Raymond James Financial Inc said on Wednesday its fiscal first-quarter revenues totaled $1.25 billion, up 6 percent from last year, but down 3 percent from the previous quarter due to a seasonal slowdown. The St. Petersburg, Florida- based company reported net income of $126.3 million, or 87 cents per share, for the...

  • WASHINGTON— The Obama administration is moving closer to its goal of 9.1 million people signed up for private coverage under the president's health care law. The Health and Human Services Department says at least 400,000 people signed up last week. National figures should be significantly higher because the federal count doesn't include major states such...

  • Judge: Revel sale to Florida developer can proceed Wednesday, 21 Jan 2015 | 9:10 AM ET

    ATLANTIC CITY, N.J.— The Florida developer in line to buy Atlantic City's former Revel casino hotel is threatening to walk away from the deal if a court ruling goes against him. Straub's attorney, Stuart Moskovitz, says the developer may cut his losses at the $10 million deposit and related costs incurred, and abandon the deal, just as a Canadian firm originally...

  • NEW YORK, Jan 20- A Florida plumber who operated an underground bitcoin exchange selling the digital currency to users of the black market website Silk Road was sentenced to four years in prison on Tuesday. His sentencing came as trial continued for Ross Ulbricht, the alleged operator of Silk Road, a website where drugs and other illicit goods could be bought...

  • DIARY- Top Economic Events to Feb 3 Tuesday, 20 Jan 2015 | 7:01 PM ET

    Treasury Secretary Jacob Lew will preside over an open session of the Financial Stability Oversight Council at the Treasury Department. WASHINGTON- Federal Reserve chair Janet Yellen participates in open session of the Financial Stability Oversight Council meeting- 1930 GMT. LONDON- Bank of England will release the minutes from its January policy meeting-...

  • NEW YORK— A Florida bitcoin exchanger who admitted he enabled the digital currency to be funneled to the black market website Silk Road for drug sales was sentenced on Tuesday to four years in prison. The Fort Myers Beach, Florida, resident admitted earning about $30,000 in commissions by enabling drug transactions from December 2011 through October 2013.

  • LONDON/ BOSTON, Jan 20- COMAC Capital is returning money to outside investors after suffering heavy losses on a currency trade last week, becoming the second hedge fund in less than a week to take dramatic steps after being battered by the Swiss franc's unexpected surge. The London- based firm's $1.2 billion COMAC Global Macro fund lost 8.0 percent when the Swiss...

  • Starboard urges Staples to combine with Office Depot Tuesday, 20 Jan 2015 | 1:06 PM ET

    In a letter to Staples CEO Ronald Sargent and the office supply company's board, Starboard said that it wants Staples to immediately hire an investment bank and legal advisers to help the board evaluate, structure and execute a transaction with Office Depot, which is based in Boca Raton, Florida. The hedge fund said that if Staples doesn't combine with Office...

  • NEW YORK, Jan 20- The dollar climbed on Tuesday to a one-week high against the yen as data showed Chinese economic growth slowed less than many had feared and traders speculated whether the Bank of Japan could ease policy, curbing demand for the safe-haven Japanese currency. The greenback also strengthened on the International Monetary Fund's latest...

  • NEW ORLEANS— Images of oil-coated birds and testimony about "widespread sociocultural harm" opened the third phase of a trial to establish penalties BP must pay under the federal Clean Water Act for spilling millions of barrels of crude into the Gulf of Mexico in 2010.. The pollution caused by the Deepwater Horizon explosion not only killed wildlife, but...

  • PetMed beats Street 3Q forecasts Tuesday, 20 Jan 2015 | 8:12 AM ET

    POMPANO BEACH, Fla. _ PetMed Express Inc. on Tuesday reported fiscal third-quarter profit increased by roughly 6 percent to $4.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. Analysts expected $48.8 million, according to Zacks.

  • The message appeared designed to lower expectations a day before the arrival of the highest-level U.S. delegation to Cuba in decades and just before President Barack Obama made his case in the State of the Union Address for seizing the opening with Cuba by ending the U.S. trade embargo of the island. Alan Gross, whose release from Cuba in a prisoner exchange last...