New analysis shows that renting may prove to be a better decision than buying in major markets as prices rise and bargains disappear. The NYT reports.» Read More
Darden Restaurants estimated its third-quarter earnings to be lower than expected, blaming severe winter weather for lower sales.
March 3- Darden Restaurants Inc said it would proceed with its plan to spin off or sell its Red Lobster chain, rebuffing two activist investment firms that had urged the company to take other actions to boost results, including selling real estate.
March 3- Olive Garden owner Darden Restaurants Inc estimated third-quarter profit below analysts' expectations, blaming severe winter weather for lower sales. The company, under pressure from hedge fund Barington Capital Group, said in December that it would spin off or sell its floundering Red Lobster chain.
LONDON, Feb 27- Madame Tussauds waxworks is coming to Beijing while Dubai will get a Legoland theme park under an international expansion drive by Britain's Merlin Entertainments, which announced its maiden results as a listed company on Thursday.
Dallas, Seattle and other cities are connecting their airports to downtown by rail in hopes of easing headaches and attracting more business.
Airports are busy rolling out major upgrades and expansions in places such as San Francisco, Denver, New York and New Orleans.
Nearly 3,000 properties were on the block at the year's first big foreclosure auction in Atlanta as buyers look for bargains to rehab, flip or rent.
Food trucks for dogs are rolling through a growing number of cities, selling canine versions of cookies, ice cream and other treats.
The Orlando theme park operator plans to sell 20 million shares, priced anywhere from $24-$27 each, reports CNBC's Kayla Tausche.
BOSTON, Nov 6- The chief pharmacist at the company linked to the deadly U.S. meningitis outbreak has received a subpoena to appear before a congressional committee after he declined to appear voluntarily.
TALLAHASSEE, Fla.-- Orlando hospital executive Lars Houmann is the Florida Chamber of Commerce's new chairman. The business group announced Houmann's election on Wednesday as board chairman for 2012-13. He will succeed Anthony Connelly, senior vice president of Walt Disney Parks& Resorts, on Nov. 1, and serve a one-year term.
MIAMI, Oct 26- Hurricane Sandy, a late-season Atlantic cyclone that threatens to be one of the worst storms to hit the U.S. Northeast in decades, slogged slowly northward on Friday after killing at least 41 people in the Caribbean.
NASSAU, Oct 26- Hurricane Sandy, a late-season Atlantic storm unlike anything seen in more than two decades, slogged slowly toward the U.S. East Coast on Friday after killing at least 41 people as it cut across the Caribbean.
NASSAU, Oct 26- Slow-moving Hurricane Sandy, a late season Atlantic storm unlike anything seen in more than two decades, slogged toward the U.S. East Coast on Friday after killing at least 34 people on a path destruction across the Caribbean.
The latest numbers show that young adults 25-29 are the primary out-of-state movers; they had the biggest gain in 13 years as they struck out on their own to test the job market in urban, high-tech meccas such as Washington, D.C.; Denver; Portland, Ore.; Seattle; and Austin, Texas.
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.
PITTSBURGH-- A former Pittsburgh Steelers doctor and his defense attorney declined to comment at his initial federal court appearance on illegal steroid-distribution and other charges. Richard Rydze to be jailed over the weekend until another appearance Monday.
PITTSBURGH-- A former Pittsburgh Steelers doctor who left the team after investigators questioned his bulk purchase of anabolic steroids has been indicted for illegally prescribing the muscle-building aids and other drugs.
CASSELBERRY, Fla.-- A gunman opened fire at a central Florida beauty salon Thursday, killing three women and wounding the manager, who had asked for a restraining order against him, police said.
ORLANDO, Fla.-- Timeshare company Marriott Vacations Worldwide Corp. reported a slim profit on higher revenue in the third quarter and raised its forecast for the year on strength in its North American operations.