Verizon Communications delivered quarterly earnings that topped analysts' expectations.» Read More
NEW YORK-- Tupperware Brands Corp.' s third-quarter net income more than quadrupled from a year ago, bolstered by strong sales in its emerging markets. The seller of food-storage containers and other home products, based in Orlando, Fla., also raised its profit outlook, sending shares up more than 7 percent.
DETROIT-- Arts groups in Detroit will share nearly $20 million donated by the John S. and James L. Knight Foundation, including $9 million to be awarded through a communitywide contest to boost the city's best arts ideas, the foundation announced Tuesday.
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.
DALLAS-- American Airlines says it will start new international routes next year, seeking to capitalize on growth in international travel, especially among high-fare corporate travelers.
The national average for a gallon of gas has dropped 13 cents in the past week to $3.625. That's the biggest weekly decline since the 7- day period ended Nov. 28, 2008, according to Oil Price Information Services analyst Fred Rozell. Rozell says gas has averaged $3.65 so far this year, 10 cents above the record set in 2011..
NEW YORK-- Barnes& Noble Inc. said Tuesday that devices used by customers to swipe credit and debit cards have been tampered with in 63 of its stores in nine states. The stores are in California, Connecticut, Florida, Illinois, Massachusetts, New Jersey, New York, Pennsylvania and Rhode Island.
GAZA- The Emir of Qatar embraced the Hamas leadership of Gaza on Tuesday with an official visit that broke the isolation of the Palestinian Islamist movement, to the dismay of Israel and rival, Western-backed Palestinian leaders.
WASHINGTON-- TITLE: "The Clear Path". AIRING: Mitt Romney's campaign declined to say where the ad is airing. One is a path represented by the president, which, at the end of four years, would mean we'd have $20 trillion in debt, heading towards Greece.
DAYTONA BEACH, Fla.-- Brown& Brown is raising its quarterly dividend by about 6 percent to 9 cents per share from 8.5 cents. Last week Brown& Brown reported that its third-quarter net income rose 12 percent, boosted by a jump in commissions and fees. Shares of Brown& Brown Inc., which is based in Daytona Beach, Fla., shed 18 cents to $25.16 in afternoon trading.
David Strickland, head of the National Highway Traffic Safety Administration, told an automotive gathering that automated vehicles are the next "evolutionary step" in safety technology. He said his agency has held extensive discussions with automakers and Google about what needs to happen before automated cars can be safely introduced to consumers.
TALLAHASSEE, Fla.-- The president of the Citizens Property Insurance Corp. said Monday he supports an investigation into its business operations by Gov.
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.
On Thursday, Southwest Airlines said demand _ and pricing _ for business travelers grew weaker in September. Revenue seemed to be rebounding this month, Southwest said. But nothing quite says "ka-ching" like $981 for a short-notice round-trip ticket from Minneapolis to New York.
WASHINGTON-- Regulators on Friday closed two small banks in Florida and one in Missouri, bringing to 46 the number of U.S. bank failures this year. The Federal Deposit Insurance Corp. seized GulfSouth Private Bank and First East Side Savings Bank, both in Florida. Regulators also shuttered Excel Bank in Missouri.
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.
WASHINGTON-- Regulators say they have closed two small banks in Florida, bringing to 45 the number of U.S. bank failures this year. The Federal Deposit Insurance Corp. seized GulfSouth Private Bank, based in Destin, and First East Side Savings Bank, based in Tamarac. GulfSouth had about $159.1 million in assets and $151.1 million in deposits as of June 30.
The Federal Deposit Insurance Corp. seized GulfSouth Private Bank, based in Destin, Fla.. The failure of GulfSouth Private Bank, which had four branches, is expected to cost the deposit insurance fund $36.1 million. GulfSouth Private Bank is the sixth FDIC- insured institution in Florida to fail this year.
CLEVELAND-- Unemployment rates fell last month in nearly all of the battleground states that will determine the presidential winner, giving President Barack Obama fresh fodder to argue that voters should stick with him in an election focused squarely on the economy.