News money 2008-04-16 Andanh.com

Tallahassee Black Business Expo is Saturday Wed, 16 Apr 2008 01:04:00 EST
Funding big advertising campaigns is not easy for startup or developing companies. To help offset that expense, Karen Randolph has planned a Black Business Expo on Saturday to help local entrepreneurs promote their products and services.

Customer service becomes more critical as economy slows Wed, 16 Apr 2008 01:05:00 EST
How's business?

FedEx now occupies new cargo center at Tallahassee Regional Airport Wed, 16 Apr 2008 00:00:00 EST
FedEx is now operating from its new cargo facility at Tallahassee Regional Airport, the city announced this morning.

Business Briefs Wed, 16 Apr 2008 01:17:00 EST
TALLAHASSEE

Northrop veteran joins tanker project Wed, 16 Apr 2008 00:00:00 EST

The secret of her success Wed, 16 Apr 2008 00:00:00 EST

Foreclosures still climbing Wed, 16 Apr 2008 00:00:00 EST

Extra baggage adds to cost Tue, 15 Apr 2008 23:11:00 EST
Airlines are adding fees for baggage and curbside check-in service, ranging from $10 to $25.

Business notes Tue, 15 Apr 2008 19:22:00 EST
Sandy Sansing BMW has won the 2008 Center of Excellence Award, presented annually by BMW of North America to recognize sales leadership with the highest level of customer satisfaction.

Spring Job Fair attracts more than 2,000 Tue, 15 Apr 2008 23:26:00 EST
Thousands attended event at the Pensacola Civic Center, sponsored by the Pensacola News Journal and Careerbuilder.com.

Cruise Line Has 'Park' Plan Wed, 16 Apr 2008 06:33:00 EST

Costly Fertilizer Could Make Crop Prices Soar Wed, 16 Apr 2008 06:52:00 EST

Airline Mergers Not a Sure Cure-All Wed, 16 Apr 2008 06:52:00 EST
Getting hitched may be the right move for Delta and Northwest. But for beleaguered air travelers, it could usher in an era of fewer flights, more confusion at the airport and even more crowded planes.

Allstate's Appeal Buys It Some More Time to Write Florida Policies Wed, 16 Apr 2008 02:21:00 EST
Allstate Insurance Corp. bought itself at least two more days to keep peddling new policies in Florida.

Mosaic Plan To Expand Progresses In Manatee Wed, 16 Apr 2008 06:54:00 EST
Fearful of facing a $400 million lawsuit from mining behemoth Mosaic Inc., county commissioners Monday voted to draw up a development order for a 2,048-acre mine expansion in northeast Manatee. The move does not mean the phosphate mining project is approved, but it is a strong indicator that the board will give it final approval in June.

Fore Taste Wed, 16 Apr 2008 06:46:00 EST
Just in time to drown your sorrows after Tax Day, the new Linksters Taproom at 209 E. Main St. in downtown Lakeland opens Friday, said Tom Elliott, a partner in the tavern with Eric "Bro" Belvin and Rick Kunzle. With seating for 92 people, including at a 46-foot bar, the Lakeland Linksters will be the fifth in the Sarasota-based chain, including...

Stocks Rise in Erratic Trading Wed, 16 Apr 2008 02:45:00 EST
NEW YORK | Wall Street closed an erratic session moderately higher Tuesday after investors sorted through a mixed batch of data that included a rebound in New York manufacturing, signs of rising inflation and uneven first-quarter earnings. The market also had its eye on the rising price of crude oil.

CSX Reports 1st Qtr. Profit Increases 46% Wed, 16 Apr 2008 06:02:00 EST
Railroad operator CSX says fuel surcharges along with rising ethanol and grain shipment volumes helped its first-quarter profit soar 46 percent. CSX Corp. said Tuesday it earned $351 million, or 85 cents per share, compared with $240 million, or 52 cents per share, last year.

Linens Chain Struggling Wed, 16 Apr 2008 06:02:00 EST
Linens 'n Things Inc. will defer a $16.1 million interest payment due Tuesday and is in talks about staging a capital restructuring with the interest holders. The announcement comes as bankruptcy talk has swirled around the struggling home-goods retailer, which has been caught by an increasing debt load and shrinking housing market. The chain,...

Business Briefing Wed, 16 Apr 2008 06:48:00 EST

Bankruptcies Wed, 16 Apr 2008 06:46:00 EST
The following businesses or individuals filed bankruptcy petitions in the U.S. Bankruptcy Court in Tampa from Jan. 3-9, 2008. Chapter 7 filings are for companies and/or individuals whose assets are being liquidated to pay creditors; Chapter 11 is for companies seeking to reorganize while under bankruptcy court protection; and Chapter 13 is for...

Airlines Delta, Northwest Agree to Merge Tue, 15 Apr 2008 06:20:00 EST

Media General Offers Buyout Deals in Fla. Tue, 15 Apr 2008 05:46:00 EST
About half of the 1,326 employees at Media General Inc.'s Florida properties - including The Tampa Tribune and WFLA-TV - were offered buyout packages Monday as the struggling company tries to cut costs and to consolidate platforms. Offers included a severance package based on years of service with the company, said John Schueler, president of...

Cargill Earnings Soar Tue, 15 Apr 2008 05:46:00 EST
Agriculture conglomerate Cargill Monday reported its third-quarter profit rose to $1.03 billion on strong growth in four of its five segments, including the processed food segment and its industrial segment, which includes the Mosaic Co. Cargill's risk management and financial segment declined for the third quarter in a row versus a year ago. Its...

Retail Spending Rises Tue, 15 Apr 2008 05:46:00 EST
Consumers boosted spending only slightly in March with the gain reflecting soaring gasoline costs rather than any real strength in demand. The Commerce Department reported Monday that retail sales edged up 0.2 percent in March after a 0.4 percent decline in February. However, without a 1.1 percent jump in sales at gasoline service stations, retail...

Relative to the market, it's a go Wed, 16 Apr 2008 20:30:00 EDT
EINSTEIN BROS. BAGELS The restaurant chain likes the potential of the Jacksonville area.

Morning briefs Wed, 16 Apr 2008 20:30:00 EDT
2 area CompUSA stores to reopen Friday

Ruggie named to council Tue, 15 Apr 2008 13:00:00 GMT
Financial advisor Thomas Ruggie, of Ruggie Wealth Management in Tavares, was named to LPL Financial Chairman's Council.

Slots Taking Spots Wed, 16 Apr 2008 00:00:00 EDT
A cold wind whipped through the back parking lot of the Seminole Hard Rock Hotel & Casino on Tuesday, chilling workers unloading machines as Interstate 4 traffic whizzed by.

McCain Recommends Suspending Gas Tax Wed, 16 Apr 2008 00:00:00 EDT
Republican Sen. John McCain on Tuesday called for a summer-long suspension of the federal gasoline tax and several tax cuts as the likely presidential nominee sought to stem the public's pain from a troubled economy.

Price Of Plane Tickets Could Take Off Wed, 16 Apr 2008 00:00:00 EDT
Getting hitched may be the right move for Delta and Northwest. But for air travelers, it could usher in an era of fewer flights, more confusion at the airport and even more crowded planes.

Losses Top $1 Billion, WaMu Says Wed, 16 Apr 2008 00:00:00 EDT
Washington Mutual says it lost more than $1 billion in the first quarter as the struggling economy and flagging real estate values pummeled the bank's borrowers.

Senators Hold Hearing On Tomato Picker Pay Wed, 16 Apr 2008 00:00:00 EDT
U.S. lawmakers called for a federal review of Florida tomato-picker wages and greater oversight of worker conditions during a Senate committee hearing Tuesday, questioning claims by an industry group that the workers earn an average of $12.50 an hour.

Intel Sales Strong, But Spinoff Cuts Into Profit Wed, 16 Apr 2008 00:00:00 EDT
Intel Corp., the world's biggest chipmaker, reported a 12 percent drop in profit on costs to spin off a business. Sales this quarter may top analysts' estimates as the company takes customers from Advanced Micro Devices Inc.

Dodd Says Treasury Should Boost Funds For Student Loans Wed, 16 Apr 2008 00:00:00 EDT
Senate Banking Committee Chairman Christopher Dodd is backing a call by SLM Corp. for the U.S. Treasury to make more money available for student loans to avoid a crisis.

Builders Remain Pessimistic About Housing Market Wed, 16 Apr 2008 00:00:00 EDT
A reading of U.S. home builders' sentiment remained unchanged in April, just shy of its record low for the third consecutive month as the housing market failed to recover.

Wachovia Latest Bank To Announce Loss Tue, 15 Apr 2008 00:00:00 EDT
Wachovia Corp. is getting a lesson in "timing is everything."

Sex Drive May Help Traders Tue, 15 Apr 2008 00:00:00 EDT
The hormone that drives male aggression and sexual interest also seems able to boost short term success at finance.

Bush Continues To Push Passage Of Colombia Trade Pact Tue, 15 Apr 2008 00:00:00 EDT
President Bush stepped up pressure Monday on Congress to approve a controversial free-trade pact with Colombia, saying the deal is "dead" unless House Speaker Nancy Pelosi schedules a vote.

FAA Orders Inspection Of Boeing Jets Tue, 15 Apr 2008 00:00:00 EDT
Federal regulators Monday ordered inspections for hundreds of Boeing jetliners over potential problems with wing de-icing systems, certain planes' main landing gear and the oxygen masks used by passengers.

Brazil Oil Field May Hold 33 Billion Barrels Tue, 15 Apr 2008 00:00:00 EDT
A deep-water exploration area could contain as much as 33 billion barrels of oil, an amount that would nearly triple Brazil's reserves and make the offshore bloc the world's third-largest known oil reserve, a top oil official said Monday.

Homeowners Growing Warier Tue, 15 Apr 2008 00:00:00 EDT
One in seven mortgage holders worry they may soon fail to make their monthly payments and even more fret that their home's value is dropping, according to a poll showing widespread stress from the nation's housing crisis.

Lexicon Is 'Theft,' Rowling Says Tue, 15 Apr 2008 00:00:00 EDT
J.K. Rowling said Monday that her efforts to halt a publisher's "Harry Potter" lexicon have been crushing her creativity.

Tribune, WFLA Offer Buyouts To Employees Tue, 15 Apr 2008 00:00:00 EDT
The Florida Communications Group said Monday it will offer voluntary buyouts to about half its 1,326 full-time employees, including some with The Tampa Tribune and News Channel 8.

Blockbuster Offers $1 Billion In Proposed Circuit City Takeover Tue, 15 Apr 2008 00:00:00 EDT
Blockbuster Inc. said Monday it has offered to pay more than $1 billion for struggling Circuit City Stores Inc., but the nation's second-biggest consumer electronics chain questioned whether the movie-rental company can finance the deal.

Vero OKs 20-year power contract Wed, 16 Apr 2008 04:00:00 -0000
The agreement with Orlando Utilities Commission will take over as the city's main power provider as of Jan. 1, 2010.

Longtime pub owner hopes to open new eatery in 2009 in Stuart Wed, 16 Apr 2008 04:00:00 -0000
The man who owned the popular Jolly Sailor Pub in downtown Stuart intends to be joined by his family when breaking ground on their new restaurant in the Southpoint Anchorage Marina on May 1.

Foreclosures still booming on Treasure Coast Wed, 16 Apr 2008 04:00:00 -0000
There seems to be no let up in the number of foreclosures piling up on the Treasure Coast, a national report released Tuesday showed.

Michael Jordan's firm buys 2 lots in exclusive Jupiter golf community Tue, 15 Apr 2008 16:24:00 -0000
Palm Beach County records show that the Washington-based company managed by NBA great Michael Jordan has purchased two lots in The Bear’s Club in Jupiter for a combined $4.803 million.

No letup in foreclosures piling up on Treasure Coast Tue, 15 Apr 2008 13:48:00 -0000
In St. Lucie County, 549 homes entered some stage of foreclosure last month, up from 370 homes in March 2007, according to California-based RealtyTrac, which publishes a database of pre-foreclosure and foreclosure properties.

Meanwhile, Martin County was second with 160 and Indian River County had 153 homes entering a stage of foreclosure last month.

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