Top News & Analysis Florida

  • *China offers to ramp up U.S. imports- Bloomberg. Jan 18- Gains in technology and industrial stocks put Wall Street on track for their fourth week of gains on Friday, amid growing optimism that the United States and China would resolve their bitter trade dispute. U.S. stocks rose to session highs after a Bloomberg report said China has offered to go on a six-year...

  • NEW YORK/ SAN FRANCISCO, Jan 18- Detained in a California lockup with hundreds of other immigrants seeking asylum, Duglas Cruz faced a choice. But his $1- a-day salary at the privately run Adelanto Detention Facility did not stretch far. That is more than four times the price at a Target store near the small desert town of Adelanto, about two hours northeast of Los...

  • Gil Dezer, a Trump development partner, is interviewed by Reuters at his Porsche Design Tower in Sunny Isles Beach, Florida, U.S. March 13, 2017.

    The presidency of Donald Trump has indirectly helped the real estate market in South Florida, says the Miami property magnate.

  • *OPEC cut output sharply in December. Brent crude oil futures were down 14 cents to 61.19 a barrel by 2:04 p.m. EST. OPEC, however, said it cut oil output sharply in December before a new accord to limit supply took effect, suggesting that producers have made a strong start to averting a glut in 2019 as a slowing economy curbs demand.

  • *U.S. stocks near flat as worries linger over trade, China. NEW YORK, Jan 17- Concern over China's economic outlook and global trade left major world stock indexes little changed on Thursday, while an end to the latest chapter in Britain's exit from the European Union helped to stabilize sterling. White House economic adviser Kevin Hassett said the shutdown would...

  • Jan 17- Wall Street's main indexes fought back from a weak start to hover near one-month highs on Thursday, as gains in healthcare and consumer discretionary stocks offset losses in the energy and financial sectors. Its results rounded off earnings for the big six Wall Street banks on a weak note, sending the S&P 500 financial index 0.62 percent lower and putting...

  • Jan 17- BritBox, a streaming service that brings British television to the United States, has attracted more than 500,000 subscribers thanks to growing interest from women over 45 in cities across the country, the company said on Thursday. A joint venture between Britain's BBC Studios and ITV Plc, BritBox is one of dozens of niche streaming services trying to...

  • CAPE CANAVERAL, Fla., Jan 16- Firefly Aerospace Inc, a resurgent rocket company founded by a former SpaceX engineer, plans to build a factory and launch site at Florida's Cape Canaveral Spaceport in a $52 million deal, people familiar with the project said on Wednesday. Companies like Firefly, billionaire British entrepreneur Richard Branson's Virgin Orbit, and...

  • NEW YORK, Jan 16- My preteen daughter earned her first dollars in 2018, so I wanted to seed her retirement account. Dennis Nolte, a certified financial planner in Winter Park, Florida, had one of his career highlights when a couple came to thank him for his help setting up a savings plan from zero. They did not have $2,500 to meet the money market minimum, so Nolte set them...

  • On Monday, Southwest Airlines said its plans to launch service to Hawaii early this year are on hold because the FAA groups that oversee the route authorization process are on furlough. Savannah-based Gulfstream, a division of General Dynamics Corp. had previously expected to obtain FAA certification or approval for the G600 by late 2018.

  • SAO PAULO, Jan 11- Commodities trader Trafigura has refused a judge's order to hand over the email archives of two former executives in Brazil who are facing corruption charges over accusations they bribed officials at state-run oil firm Petroleo Brasileiro. Brazilian federal prosecutors on Friday demanded in a court filing that the Switzerland- based firm...

  • Jan 11- Slack Technologies Inc is "seriously" considering making its stock exchange debut through a direct listing, a source familiar with the matter told Reuters on Friday. The Wall Street Journal reported https://on.wsj.com/2CfAYGp earlier in the day that Slack, which operates a popular workplace instant-messaging and collaboration app, is likely to...

  • Jan 11- Miami International Airport will close an airport terminal early over the next few days, officials said on Friday, with more unpaid security officers absent from work as the partial government shutdown has dragged on. The airport said that on Saturday, Sunday and Monday it will end flights at 1 p.m. EST from Concourse G and relocate them to either to...

  • Jan 11- Miami International Airport will close an airport terminal early over the next few days, officials said on Friday, with more unpaid security officers absent from work as the partial government shutdown has dragged on. The airport said that on Saturday, Sunday and Monday it will end flights at 1 p.m. from Concourse G and relocate them to either to Concourse F...

  • Senate Judiciary Committee Chairman Chuck Grassley (R-IA) talks with reporters as he heads for a meeting at the U.S. Capitol October 02, 2018 in Washington, DC. 

    "I believe you're going to find it in the courts almost immediately," says the Iowa Republican. "It contravenes the power of the purse" of Congress.

  • ABIDJAN/ NEW YORK, Jan 11- Farmers in top cocoa grower Ivory Coast say the current crop is worsening, with beans starting to rot, as lack of financing prevents them from properly fermenting and drying beans already stressed by bad weather. Front-month New York cocoa futures traded on ICE have risen nearly 15 percent since the start of December, mainly on worries...

  • NEW YORK, Jan 10- Prominent investor Jeffrey Vinik is ready to manage money for outside clients again and plans to relaunch his hedge fund firm Vinik Asset Management after sitting out the last six years. Vinik, who once ran Fidelity's Magellan mutual fund and then oversaw $10 billion at his own hedge fund, is starting for a third time, he told Reuters on Thursday.

  • Jan 9- Chicago law firm Corboy& Demetrio said on Tuesday it filed a lawsuit against electric carmaker Tesla Inc alleging that its 2014 Model S sedan had a defective battery pack that caused the death of an 18- year old passenger in an accident last year. Last May, a Tesla driven by Barrett Riley with passenger Edgar Monserratt Martinez crashed into a concrete wall...

  • Michael Thallheimer can't move into his new house because of the government shutdown

    The stalemate in Washington, one of the longest in history, is throwing a wrench into some people's plans to buy houses, according to real estate experts.

  • Sen. Rubio: Democrats' resistance to border security is 'irrational'

    Sen. Marco Rubio (R-Fla.) joins "Squawk Box" to discuss the latest news on the government shutdown and the border wall negotiations.