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  • July 28- Darden Restaurants Inc said on Monday that Clarence Otis would step down as chairman and chief executive officer, buckling under pressure from activist investors Barington Capital Group LP and Starboard Value LP.

  • July 28 (Reuters)- Darden Restaurants Inc said Clarence Otis would step down as chairman and chief executive officer, buckling under pressure from activist investors Barington Capital Group LP and Starboard Value LP.

  • Darden CEO to step down amid Olive Garden troubles Monday, 28 Jul 2014 | 4:52 PM ET

    NEW YORK— Darden Restaurants CEO and Chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain following its contested sale of Red Lobster. The company has been pressured to turn around declining sales at Olive Garden and Red Lobster.

  • Red Lobster goes vertical on plate to push quality Monday, 28 Jul 2014 | 11:31 AM ET

    In his first interview as Red Lobster's new CEO, Kim Lopdrup outlined the missteps he thought his predecessors made and why he thinks Red Lobster can win back customers. And Darden's recent attempts to spark turnarounds at Red Lobster and Olive Garden haven't worked.

  • How private equity firms dodge broker-dealer regs Saturday, 26 Jul 2014 | 11:00 AM ET

    As regulatory regimes go, oversight of broker-dealers is much stricter than it is for investment advisers.

  • Tupperware 2Q profit sinks 38 percent Wednesday, 23 Jul 2014 | 9:37 AM ET

    ORLANDO, Fla.— Tupperware Brands Corp. said Wednesday that its second-quarter profit fell 38 percent from the same period a year ago, hurt by falling sales of its storage containers and cosmetics in North America and Germany and unfavorable currency exchange rates.

  • Fla. leads nation in foreclosures so far this year Monday, 21 Jul 2014 | 3:01 AM ET

    ORLANDO, Fla.— Florida led the nation in foreclosures during the first half of the year. Miami had the nation's highest metro area foreclosure rate, with 1 in 61 homes involved in a filing in the first half of the year. Miami was followed by Orlando, Port St. Lucie, the Space Coast and Tampa in having the top five foreclosure rates by metro areas.

  • Disney World and union reach contract agreement Friday, 18 Jul 2014 | 12:36 PM ET

    ORLANDO, Fla.— Union officials say Walt Disney World has reached a tentative labor agreement with its largest union group that raises starting hourly pay from a little over $8 to $9 this year. The agreement announced Friday raises starting hourly pay to $9.50 next year and $10 in 2016..

  • LOS ANGELES, July 17- Microsoft Corp intends to wind down Xbox Entertainment Studios, a source familiar with its plans said, becoming the first major tech company to give up on making original shows in a battle for the living room couch.

  • REFILE-YOUR MONEY-Is organic chicken worth the price? Thursday, 17 Jul 2014 | 12:59 PM ET

    While a whole, generic store-brand chicken typically costs about $1.50 per pound, the price for organic chicken is $2.69 a pound at Trader Joe's, the U.S. grocery chain, and $4.99 per pound from online grocer Fresh Direct. Whole Foods sells boneless, skinless organic chicken breasts for $8.99 per pound.

  • YOUR MONEY-Is organic chicken worth the price? Thursday, 17 Jul 2014 | 12:36 PM ET

    While a whole, generic store-brand chicken typically costs about $1.50 per pound, the price for organic chicken is $2.69 a pound at Trader Joe's, the U.S. grocery chain, and $4.99 per pound from online grocer Fresh Direct. Whole Foods sells boneless, skinless organic chicken breasts for $8.99 per pound.

  • July 2- U.S. strip mall vacancies fell slightly in the second quarter, while retail mall vacancies remained unchanged, real estate research firm Reis Inc said in a report.

  • June 20- Darden Restaurants Inc, battling an activist investor that wants to replace its entire board of directors, on Friday reported lackluster results at its flagship Olive Garden chain as it prepares to complete the sale of Red Lobster next month.

  • June 20- Darden Restaurants Inc, facing shareholder resistance to the planned sale of its struggling Red Lobster seafood chain, forecast a full-year profit far below analysts' expectations.

  • June 20- Darden Restaurants Inc reported a much-lower-than-expected quarterly profit as costs soared and sales at its flagship Olive Garden restaurant chain fell.

  • WASHINGTON, June 12- The U.S. Department of Agriculture announced on Thursday a total of $31.5 million in funding to combat a plant disease that threatens to devastate Florida's $9 billion citrus industry and has driven up the cost of a glass of orange juice.

  • The Foothill Ranch, California- based company began selling products made in Asia to Walmart in the 1990 s and is now supplying it with some U.S.-made products. Trying to rebuild that manufacturing capability, while making products that meet Walmart's standards, can require companies to "start from scratch," Kelley says.

  • MIAMI, May 28- Local officials and railway executives unveiled plans on Wednesday for a sprawling 3 million-square-foot Miami train station complex including an 80- story skyscraper, to anchor the state's first privately owned intercity railway and help redevelop the downtown area.

  • On Tuesday, the regulator of government-controlled Fannie Mae and Freddie Mac announced a pilot program that will begin in coming weeks in Detroit to keep families in their current homes through loan modifications, match distressed properties with non-profit organizations for resales and assist in building demolition.

  • 2 Florida health workers ill after exposed to MERS Tuesday, 13 May 2014 | 11:43 AM ET
    This undated electron microscope image made available by the National Institute of Allergy and Infectious Diseases - Rocky Mountain Laboratories shows a novel coronavirus particle, also known as the MERS virus.

    Hospital officials say one of two healthcare workers exposed to the deadly MERS virus has been hospitalized.