Top News & Analysis Florida

  • WASHINGTON, Dec 13- The U.S. auto safety agency said Friday it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut earlier this week. The National Highway Traffic Safety Administration special crash investigation program will...

  • Dec 13- The U.S. Federal Aviation Administration said Friday it had downgraded Venezuela's air safety rating after an extensive review. In May, the U.S. Transportation Department ordered the suspension of all commercial passenger and cargo flights between the United States and Venezuela, citing reports of unrest and violence around airports in the South...

  • Royal Caribbean ticket terms posted on its website spell out that the company is not liable for any injury, death or loss of property caused by an act of God, as well as war, terrorism or other events beyond the company's control. Royal Caribbean will likely argue the disaster was an extraordinary event no one could reasonably foresee, said Robert Kritzman, an...

  • *Boeing off as FAA says 737 MAX to stay grounded in 2019. Markets are also awaiting Fed Chair Jerome Powell's outlook on the economy when he holds a news conference later in the day. "As we haven't seen the effect of the three rate cuts that took place between June and October, the Fed might drop hints that it will keep policy as is for a while," said David Madden, market...

  • *Boeing off as FAA says 737 MAX to stay grounded in 2019. "As we haven't seen the effect of the three rate cuts that took place between June and October, the Fed might drop hints that it will keep policy as is for a while," said David Madden, market analyst at CMC Markets in London. President Donald Trump has just days to decide whether to impose levies on nearly $160 billion...

  • "Obviously, the Fed isn't going to change rates and my sense is that they are pretty happy where they are right now," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida. Three rate cuts earlier this year, a slightly calmer tone around U.S.- China trade recently and some relief over corporate profits have helped push the S&P 500 up 25% so far in...

  • Investors are also awaiting Fed Chair Jerome Powell's outlook on the economy when he holds a news conference later in the day. "Obviously the Fed isn't going to change rates and my sense is that they are pretty happy where they are right now," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida. Stocks have stalled so far in December after...

  • The DoJ's deal with HSBC Private Bank SA is the latest in which numerous Swiss-based banks, including UBS and Credit Suisse Group, have paid billions of dollars in settlements and penalties for conspiring to help rich Americans dodge taxes. 1/ 8 https://tinyurl.com/vmeuabw 3/ 8. In this latest case, the DoJ filed a charge of conspiracy to defraud the United States...

  • President Donald Trump and Saudi Crown Prince Mohammed bin Salman on Sunday discussed last week's Florida naval base shooting and vowed to work together on the investigation of the attack, which left three people dead and injured eight others. "The Crown Prince reiterated Saudi Arabias commitment to working with the United States to prevent a horrific...

  • Dec 9- Saudi Crown Prince Mohammed bin Salman called U.S. President Donald Trump on Sunday and expressed his condolences and support for the families of the victims of the Florida naval base shooting, according to the state news agency. Investigators believe a Saudi Air Force lieutenant acted alone when he killed three people and wounded eight at a U.S. Navy base...

  • PRESIDENT TRUMP, EXPRESSED HIS CONDOLENCES AND SUPPORT FOR THE FAMILIES OF THE VICTIMS OF THE FLORIDA NAVAL BASE SHOOTING- STATE NEWS AGENCY.

  • Out of 101 patients teated with Yescarta for an aggressive blood cancer known as refractory large B-cell lymphoma in the study, 47 were still alive at least three years later, the data presented at the American Society of Hematology meeting in Orlando showed. "We are delivering towards our goal of potentially life-saving therapy for many patients who...

  • CHICAGO, Dec 5- Beyond Meat Inc said on Thursday that its burgers will be sold at some Costco Wholesale Corp stores, in the plant-based meat maker's latest move in an increasingly competitive battle for retail shelf-space. The company said its popular Beyond Burgers will be sold in states including Texas, Florida and New York for $14.99 per eight-patty pack.

  • The company said its popular Beyond Burgers will be sold in states including Texas, Florida and New York for $14.99 per eight-patty pack.

  • A hedge fund manager just bought the most expensive Florida mansion ever sold. CNBC's Robert Frank reports.

  • WASHINGTON, Dec 4- Florida Republican Senator Marco Rubio has placed a hold on the Senate confirmation of President Donald Trump's pick to become the deputy secretary of the Interior Department over concerns about the agency's plans to expand offshore drilling, his office said on Wednesday. "When it comes to offshore drilling and exploration, the Florida...

  • WILMINGTON, Del, Dec 3- Local governments in regions hard hit by the U.S. opioid epidemic have opted out of massive litigation taking aim at the drug industry over the crisis, potentially weakening a novel legal mechanism created to help settle thousands of lawsuits. However, the 541 local governments that opted out included Florida's Palm Beach County and...

  • La Reverie, the six-acre estate on Palm Beach stretches over 70,000 square feet.

    The founder of New York-based hedge fund Schonfeld Strategic Advisors closes on the 6-acre estate known as La Reverie.

  • Dec 3- At an invitation-only gathering late last year, U.S. regulators and their guests huddled at a hotel near Washington, D.C., to discuss the best way to detect cancer-causing asbestos in talc powders and cosmetics. Over the past 50 years, the FDA has relied upon- and often deferred to- industry even as outside experts and consumers repeatedly raised serious...

  • *Protesters march outside Amazon CEO's New York penthouse. Dec 2- Cyber Monday sales were on course to bring in a record $9.2 billion, according to evening estimates, building on a bumper Black Friday weekend for U.S. retailers driven by earlier-than-usual promotions and free shipping. Adobe Analytics predicted that $72.1 billion was spent online in the month...