"Egypt is the largest importer of wheat in the world, but they have to buy it on the spot market," says Philip Blumberg.» Read More
Aug 19- Southeastern Grocers LLC, which operates supermarket chains Winn- Dixie and BI-LO, called off its plans for an initial public offering, joining a list of companies that have pulled their offerings this year. The company runs more than 650 BI-LO and Winn- Dixie stores in southeastern U.S. states of Florida, Alabama, Louisiana and Georgia.
TALLAHASSEE, Fla.— A California billionaire environmentalist is pouring millions of dollars into the Florida governor's race to buy television ads attacking Gov. Former hedge fund manager Tom Steyer has put both Scott and the Florida Republican Party on the defensive, prompting them to hit back with their own ads attacking Steyer as a hypocrite.
Aug 19- Southeastern Grocers LLC, which operates supermarket chains Winn-Dixie and BI-LO, said on Tuesday it would withdraw its plans for an initial public offering. The Jacksonville, Florida- based company filed with the U.S. Securities and Exchange Commission in September for an IPO of up to $500 million.
NEW YORK— Celebrity perfumes are turning out to be a stinker for Elizabeth Arden. Elizabeth Arden Inc.' s shares sank 23 percent in afternoon trading Tuesday and touched a four-year low. Elizabeth Arden's other celebrity fragrances include Britney Spears, Jennifer Aniston, Mariah Carey and Nicki Minaj.
Aug 19- U.S. power company Duke Energy said on Tuesday about 5,000 gallons of fuel was spilled into the Ohio River during a routine transfer of fuel oil at its station near Cincinnati. The spill that took place around 11.15 p.m. ET on Monday was stopped within 15 minutes, the company said.
TALLAHASSEE, Fla.— Florida had a record number of visitors during this past spring. Rick Scott will announce Tuesday that 24 million tourists visited the state during the second quarter of 2014.. Visit Florida, the state's tourism marketing arm, estimates that the record number includes 2.8 million visitors from overseas and 1 million Canadians.
Now New Mexico has its own trademark and certification program to protect the reputation and integrity of its signature crop: chile. Martinez described chile as a way of life in New Mexico. The governor said consumers— whether in New Mexico or New York City— shouldn't have to wonder whether they're getting real New Mexico- grown chile.
Aug 18- Thomas Montag will become Bank of America Corp's sole chief operating officer as co-COO David Darnell takes a new title after asking to relocate to Florida, Bloomberg reported. Montag will continue to head the investment banking and capital markets businesses, the Bloomberg report said.
SAN FRANCISCO— A Northern California slaughterhouse involved in a massive beef recall processed cows with cancer while U.S. livestock inspectors took lunch breaks and later distributed the diseased cattle, according to federal charges announced Monday.
ATLANTIC CITY, N.J.— Before summer ends, Revel, Trump Plaza, the Showboat and the Atlantic Club will be shuttered ex-casinos, leaving Atlantic City officials looking for a way to avoid having dark, empty shells on its signature Boardwalk.
Aug 15- A unit of Morgan Stanley must pay $4.5 million to Citigroup Inc's Banamex unit which alleged the firm had allowed funds in a family's trust account to be used to repay third-party loans without its authorization, according to a ruling on Friday. "We are disappointed in the arbitration panel's award," a Morgan Stanley spokeswoman said in a statement.
They include El Pollo Loco Holdings Inc, Zoe's Kitchen Inc, and Papa Murphy's Holdings Inc.. Shake Shack is present in many U.S. states including New York, New Jersey, Connecticut, Pennsylvania, Florida and Massachusetts.
ORLANDO, Fla., Aug 15- Theme park operator SeaWorld Entertainment Inc. said on Friday it would nearly double the size of its San Diego killer whale tank and expand similar enclosures in Florida and Texas amid criticism over its treatment of the animals.
Aug 15- Theme park operator SeaWorld Entertainment Inc said it would build bigger enclosures for its killer whales amid raging controversy over its killer whale shows. SeaWorld pledged $10 million for killer whale research and is embarking on a multi-million dollar partnership focused on ocean health, it said.
NEW YORK— After more than a year of public criticism of its treatment of killer whales, SeaWorld said Friday that it will build new, larger environments at its theme parks and will fund additional research on the animals along with programs to protect ocean health and whales in the wild.
TALLAHASSEE, Fla.— Florida's unemployment rate remained unchanged in July amid signs that the state's economy continues a slow, but steady recovery from the depths of the Great Recession. Florida also lost 1,600 jobs in July after leading the nation in job growth the previous month. Rick Scott, who has made jobs a central part of his re-election campaign.
PANAMA CITY— It was supposed to be a grand celebration of the engineering triumph that forged a nation.
NEW YORK— St. Joe Co. said Thursday that CEO Park Brady is retiring after three years with the company. Jeffrey Keil will be president and interim CEO of the Watersound, Florida, company. Shares of St. Joe Co. rose 27 cents to $22.40 in morning trading.
PITTSBURGH— A Florida man was sentenced Thursday to five years in federal prison for his role in an overseas loan scam that cost 47 investors on four continents more than $3.9 million. Attorney Leo Dillon told the sentencing judge the case involved "an enormous worldwide fraud," with victims in the United States, Germany, Switzerland, Hong Kong, Japan and Australia.
WASHINGTON, Aug 14- Foreclosure activity across the United States jumped in July for the first time in four months as lenders scheduled more properties for auction, an industry report said on Thursday.