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Top News & Analysis Florida

  • JERUSALEM, Aug 2- Haifa Chemicals said on Wednesday it was closing shop and letting go of its 800 employees after failing to find a reasonable alternative to a large ammonia tank it needs to function which was ordered to be shut down earlier this year. The colossal, circular vat is located in the northern port of Haifa, Israel's third largest city, and can hold 12,000...

  • JERUSALEM, Aug 2- Haifa Chemicals said on Wednesday it was closing shop and letting go of its 800 employees after failing to find a reasonable alternative to a large ammonia tank it needs to function which was ordered to be shut down earlier this year. The colossal, circular vat is located in the northern port of Haifa, Israel's third largest city, and can hold 12,000...

  • PANAMA CITY, July 31- The head of the Panama Canal Authority said on Monday a Miami- based arbitration board rejected a demand by Spanish-led GUPC consortium for $192.8 million to cover cost overruns during the building of a third set of locks for the century-old waterway. GUPC or Grupo Unidos por el Canal includes Sacyr SA of Spain, Impregilo of Italy, Jan De Nul of...

  • Worried about Tropical Storm Emily? How to change your travel plans

    NOAA expects an "above normal" hurricane season, with 11 to 17 named storms.

  • WASHINGTON, July 28- Republican U.S. lawmakers said on Friday they expected Washington would announce more sanctions on Venezuela if its government proceeds with an effort to elect a legislative body that critics call a plan to create a dictatorship. Republican Senator Marco Rubio, who has worked closely with President Donald Trump's administration on...

  • DETROIT, July 28- A letter from the top U.S. rail regulator to CSX Corp this week highlights growing customer dissatisfaction with the No. 3 U.S. railroad's service problems since its new chief executive officer Hunter Harrison was appointed to the spot amid investor and analyst fanfare in March. The Surface Transportation Board's July 27 letter to Harrison, a...

  • July 27- Honda Motor Co said on Thursday that a Takata airbag inflator ruptured in car crash last week in Florida, in what could be the 19th death worldwide linked to faulty airbags recalled as part of the largest automotive safety campaign in history. Last week, authorities in Australia said the death of a Sydney man earlier this month was likely the result of a...

  • WASHINGTON, July 27- President Donald Trump warned the administration of George W. Bush in 2004 that big U.S. bank mergers were "totally out of control" and should be stopped as they were forcing businesses to borrow money from foreigners, according to a letter seen by Reuters. Though it is 13 years old, the unsolicited letter from Trump, when he was a New York real...

  • July 27- Honda Motor Co said on Thursday that a Takata airbag inflator ruptured in car crash last week in Florida, in what could be the 19th death worldwide linked to faulty airbags recalled as part of the largest automotive safety campaign in history. Last week, authorities in Australia said the death of a Sydney man earlier this month that police said was likely...

  • July 27- Honda Motor Co said on Thursday that a Takata airbag inflator ruptured in a July 19 car crash in Florida in what could be the 19th death worldwide linked to a faulty Takata airbag recalled as part of the largest automotive safety campaign in history. The Japanese automaker said the driver of a 2002 Honda Accord was killed in Holiday, Florida, after the...

  • NEW YORK, July 25- A Long Island, New York, investment adviser accused of engaging in insider trading after being tipped off about Pfizer Inc's $3.6 billion acquisition of King Pharmaceuticals Inc pleaded guilty on Tuesday, federal prosecutors said. New York- based Pfizer announced it would acquire Tennessee- based King in October 2010. Prosecutors said Klein,...

  • AMSTERDAM, July 25- Netherlands- based drinks bottler Refresco has agreed to buy the bottling activities of Canada- based Cott Corp for $1.25 billion, giving a big boost to its business in the United States, the world's largest soft drinks market. Cott will add 29 production sites to Refresco's network, with 19 in the United States, four in Canada, one in Mexico and...

  • *State yard CSSC building China's first luxury cruise ships. *Cruise shipbuilding is key "Made in China 2025" objective. China's government has earmarked cruise shipbuilding as a major objective in its "Made in China 2025" programme to upgrade its domestic manufacturing and support jobs at its shipyards, as domestic demand for cruise trips increases 30 percent a...

  • NEW YORK, July 24- Miami- area money manager Bob Press appears to offer the ultimate all-weather investment: a "direct lending" hedge fund that does not require a long-term commitment and has produced nearly 90 straight months of positive returns not correlated to other markets. Most funds invest in traditional financial assets like stocks or bonds, but direct...

  • NEW YORK, July 24- Miami- area money manager Bob Press appears to offer the ultimate all-weather investment: a "direct lending" hedge fund that does not require a long-term commitment and has produced nearly 90 straight months of positive returns not correlated to other markets. Most funds invest in traditional financial assets like stocks or bonds, but direct...

  • NEW YORK, July 21- U.S. stocks ticked lower on Friday as weak earnings from industrial giant General Electric weighed, while tech shares retreated from record highs and energy tracked the price of oil lower. GE shares fell 2.9 percent to $25.91 and hit their lowest level since October 2015. "We've had a good run for the last few weeks and investors are primarily...

  • Top ZIP codes for rental returns

    HomeUnion is one of several companies helping landlords narrow down the best rental areas for their investments.

  • WASHINGTON, July 20- Seeking a more positive spin on U.S.- China economic talks viewed as ending in discord, China said on Thursday that the two sides agreed to "active and effective measures" to reduce global excess steel production capacity. Their statement did not mention steel and cited only one point of consensus, a "shared objective" to work towards reducing...

  • *No new major steps to reduce U.S. trade deficit with China. *China, U.S. say still share lower trade deficit goal. WASHINGTON, July 20- The United States and China failed on Wednesday to agree on major new steps to reduce the U.S. trade deficit with China, casting doubt over President Donald Trump's economic and security relations with Beijing.

  • *Ultra-Orthodox to make up a third of population by 2065. *Israel's labor productivity below most OECD countries. BNEI BRAK, Israel, July 19- Chaim Rachmani spends his days studying Jewish religious texts in the Israeli town of Bnei Brak, whose crowded streets brush up against the office towers of Tel Aviv.