Since the end of 2010, rental prices have surged at nearly twice the pace of average hourly wages.» Read More
Oct 11- Foreclosure filings on U.S. homes in September fell to their lowest level in five years, but some states are still seeing their foreclosures rise, a report from RealtyTrac said on Thursday. The overall decrease put the combined number of reported default notices, scheduled auctions, and bank repossessions at 180,427- the lowest total since July 2007.
*Lawmakers seek tighter regulation of compounding companies* Outbreak has sickened 138 people in 11 states, killed 12* Senator Brown to return contributions from NECC owners By Tim McLaughlin and Toni Clarke.
ORLANDO, Fla., Oct 10- A Florida billionaire has told his employees he could be forced to lay off some of them if U.S. David Siegel, the owner of Orlando- based Westgate Resorts, the largest privately held time-share company in the world, said in an email to the firm's 7,000 employees this week that he did not want to influence how they voted.
TALLAHASSEE, Fla., Oct 10- In an embarrassing mistake, Florida Governor Rick Scott gave out a phone sex hotline number to Floridians seeking information on a deadly fungal meningitis outbreak. The governor's office was alerted by a public radio station in Tampa, WUSF, which was monitoring the cabinet meeting and posted the number on its website.
By Tim McLaughlin and Toni Clarke. BOSTON, Oct 10- A Massachusetts specialist pharmacy linked to a company at the center of a major health scare closed temporarily on Wednesday and a state regulator clamped down on such operations in the wake of a meningitis outbreak that has claimed a dozen lives.
Robert Zimmerman Jr., whose brother George Zimmerman faces up to life in prison, recently appeared on several TV and radio shows complaining about a "vast mis-information campaign," as well as highlighting an "official letter of condolence" to Trayvon Martin's family.
--Private equity firm New Mountain Capital has agreed to acquire Coral Springs, Fla.- based ABB/Con-Cise Optical Group LLC. Rating Action On Oct. 10, 2012, Standard& Poor's Ratings Services assigned its preliminary' B' corporate credit rating to Coral Springs, Fla.- based ABB/Con-Cise Optical Group LLC.
MIAMI-- A section of a parking garage under construction at a community college collapsed Wednesday, killing two people and trapping two others in the rubble, officials said. At least 10 other workers were hurt when the roof of the five-story concrete garage fell, creating a pancake-style collapse on the campus of Miami-Dade College, officials said.
MIAMI-- The company overseeing construction of a community college parking garage in Florida says it's working to find out why it collapsed. Ajax Building Corporation released a statement Wednesday, extending its sympathies to the family of the worker killed in the collapse and those who were injured.
WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.
NEW YORK-- If you are trying to figure out if small businesses are hiring, it depends on where you look. Just last Friday when the government was raising suspicious eyebrows with its report of a sudden drop in the unemployment rate so close to a presidential election, Andy Asbury was hiring a full-time employee to work at his Minneapolis real estate brokerage.
NASHVILLE, Tenn., Oct 10- Pressure mounted for greater regulation of a little known corner of the pharmaceuticals industry in response to a meningitis scare that widened to 11 states on Wednesday with the first case confirmed in Idaho.
*The Dolan Company amends bank agreement, restructures Florida unit and. *Says plans to record a non-cash, pre-tax charge for impairment of these. assets of up to $165 million in Q3.
*Cotton market awaits USDA supply/demand report Thursday. The cotton market was awaiting the U.S. Department of Agriculture's monthly report due on Thursday for any signs of damage to new crops in west Texas, the major U.S. growing region, after recent wet weather.
Eight times a year, the Federal Reserve issues the Beige Book, a snapshot of business conditions in each of the Fed's 12 regional bank districts. The Beige Book is updated two weeks before each meeting of the Fed's policymaking meeting in Washington. GDP is the value of all goods and services produced in the United States.
Oct 10- Eighteen more people have contracted meningitis from potentially tainted steroid injections, and a death was officially confirmed in Florida, bringing the total number killed to 12, the Centers for Disease Control said on Wednesday.
--U.S. based grocery store operator, BI-LO LLC, is issuing $140 million of senior secured notes, an add-on to an existing $285 million issue, the proceeds of which will be used to fund a dividend to equity holders, and pay fees associated the transaction.
*May take to early Nov. to identify all stricken in Tennessee. Oversight committees in both the Senate and House hope to learn more about the outbreak before Oct. 12 from staff members of the Food and Drug Administration and the CDC, aides said.
CAPE CANAVERAL, Fla.-- A private company successfully delivered a half-ton of supplies to the International Space Station early Wednesday, the first official shipment under a billion-dollar contract with NASA. Williams thanked SpaceX and NASA for the delivery, especially the chocolate-vanilla swirl ice cream stashed in a freezer.
CAPE CANAVERAL, Fla., Oct 10- Astronauts plucked a commercial cargo ship from orbit on Wednesday and attached it to the International Space Station, marking the reopening of a U.S. supply line to the orbital outpost following the space shuttles' retirement last year.