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floridatoday.com - Business Wine outlook half full6 Oct 2008 at 1:00am Comp Air may open facility 6 Oct 2008 at 1:00am FPL to pay $2M to end program 6 Oct 2008 at 1:00am New ventures hang on and hope for the best 6 Oct 2008 at 1:00am OrlandoSentinel.com - Business AAA: Gas prices likely to drop again this week6 Oct 2008 at 12:00am Florida motorists will likely see lower gas prices this week as the weak economy is expected to push down crude-oil prices, AAA Auto Club South said in its weekly fuel price report. Disney announces new European cruise tours 6 Oct 2008 at 12:00am Disney is sending its cruise ships further afield than ever before. State will collect $21M in Countrywide settlement 6 Oct 2008 at 11:33am Florida Attorney General Bill McCollum said Monday the state would collect about $21 million as part of a multi-state settlement with the subprime mortgage giant Countrywide over its home loan prac... Stocks decline amid global worries credit crisis is spreading; Dow falls belo... 6 Oct 2008 at 1:45pm NEW YORK (AP) _ Financial markets took a bleak view of the future Monday, seeing contagion in a credit crisis that threatens to cascade through economies globally despite government efforts to prov... Cleaning up north I-Drive's congestion and crime 6 Oct 2008 at 12:00am Plans are taking shape to help north International Drive shed its image as the ugly stepchild of Orlando's well-known tourist strip. Ford feature will let parents set speed limits for teens 6 Oct 2008 at 10:59am Apopka concrete company growing despite weak economy 6 Oct 2008 at 12:00am The commercial-construction industry is showing cracks from the strain of the country's economic slowdown and credit crunch. But the Finfrock family business in Apopka is pouring concrete as fast a... Avalon Park project finished, more to go for Roger B. Kennedy Inc. 6 Oct 2008 at 12:00am Roger B. Kennedy Inc. recently completed its contract to build a $4.8 million office building for Avalon Office Ventures I LLC in Avalon Park. But the Altamonte Springs company has more work to do ... Orlando area tourism news 6 Oct 2008 at 12:00am The Inland Lakes Railway in Eustis has launched a Murder Mystery Express dinner theater. RailStar Corp., the out-of-state company that owns the railway, said the inaugural run of Fat Louie's Pizza ... Construction woes still drag on region 6 Oct 2008 at 12:00am Like a tire with a slow leak, Central Florida's economy is expected to continue shrinking ever so slightly this month. FOXBusiness.com Fed to Pay Interest on Reserves, Expand Lending6 Oct 2008 at 12:56pm The Federal Reserve says it will begin paying interest on commercial banks' reserves and will expand its loan program to squeezed banks, fresh steps to help ease a painful credit crisis. Citigroup Files Suit Against Wells Fargo, Wachovia 6 Oct 2008 at 12:46pm Citigroup on Monday filed a lawsuit Friday against Wells Fargo and Wachovia seeking $60 billion in damages. FDIC's Bair Calls For 'smarter' Rules On Banks 6 Oct 2008 at 12:45pm FDIC's Bair Calls For 'smarter' Rules On Banks Citi Seeks Over $60 Bln Damages From Wachovia, Wells Fargo 6 Oct 2008 at 12:42pm Citi Seeks Over $60 Bln Damages From Wachovia, Wells Fargo Hedge Fund Manager Ackman Sees Premium For Wachovia 6 Oct 2008 at 12:34pm Hedge Fund Manager Ackman Sees Premium For Wachovia Bush: Plan To Solve Credit Crunch Will Take Time 6 Oct 2008 at 12:33pm Bush: Plan To Solve Credit Crunch Will Take Time Treasury Moves Quickly To Beef Up Staff For Mortgage Rescue 6 Oct 2008 at 12:19pm Treasury Moves Quickly To Beef Up Staff For Mortgage Rescue G7 Finance Leaders To Meet On Friday Afternoon: Treasury 6 Oct 2008 at 12:19pm G7 Finance Leaders To Meet On Friday Afternoon: Treasury Oil Drops Below $90 a Barrel 6 Oct 2008 at 12:07pm Oil hit an eight-month low on Monday, on fears that the slowing economy will curb global demand. As Student Loans Dry Up, Your College Savings Strategy Is Key 6 Oct 2008 at 12:02pm With the credit crunch crimping the student-loan market and financial-market upheaval crunching investments in college-savings plans, what's a parent to do? That depends somewhat on when your child... Infocious RSS raw feed - channel BNewsBusiness Newgen Software Receives Investment from SAP Ventures6 Oct 2008 at 1:32pm Commodities prices drop as credit crisis spreads 6 Oct 2008 at 1:24pm Commodities prices tumbled broadly Monday on growing expectations that the financial crisis pummeling world markets will dramatically reduce global demand for energy and raw materials. Gold Oil prices fall as financial turmoil goes global 6 Oct 2008 at 1:06pm Oil prices sunk below $90 a barrel Monday for the first time in eight months, a key price support level, on expectations that a widening financial maelstrom will drastically reduce global...  Bank of America to spend up to 8.4 billion on Countrywide 6 Oct 2008 at 12:57pm Bank of America said Monday it was ready to spend up to 8.4 billion dollars to restructure the loan portfolio of mortgage giant Countrywide following settlement of a lawsuit targeting the... Officials pledge to move quickly on rescue 6 Oct 2008 at 12:25pm The Bush administration, pledging to move quickly and with force, has released details on how financial firms will be selected to manage the largest government bailout in history. The... St. Louis Fed Study Argues U.S. Income Inequality Is Not So Bad 6 Oct 2008 at 12:14pm ST. LOUIS, Oct. 6 /PRNewswire/ -- Many people view income inequality as a social ill, but public policies that seek to redistribute wealth would probably result in lower... Eli Lilly to buy ImClone for more than $6B 6 Oct 2008 at 12:05pm Eli Lilly & Co. has agreed to spend more than $6 billion to fortify its cancer treatment portfolio by acquiring the biotechnology firm ImClone Systems Inc. in a deal that tops earlier... CRI-I Recommends That Limited Partners Reject Tender Offer by Peachtree Partners 6 Oct 2008 at 12:00pm ROCKVILLE, Md., Oct. 6 /PRNewswire/ -- C.R.I., Inc. ("CRI"), as Managing General Partner of CRI-I, advises Limited Partners of CRI-I to reject the tender offer of $165... Zions Bancorporation to Report Third Quarter 2008 Earnings Results 6 Oct 2008 at 11:58am SALT LAKE CITY, Oct. 6 /PRNewswire-FirstCall/ -- Zions Bancorporation (Nasdaq: ZION) announced today that it will report its third quarter 2008 earnings results after the SAP says saw business drop off at end of quarter 6 Oct 2008 at 11:55am FRANKFURT (Reuters) - Software group SAP has seen business drop off abruptly, which means third-quarter revenue from software and software-related services was now expected to rise only...  Reuters: Business News 6 Oct 2008 at 1:41pm NEW YORK (Reuters) - Stocks fell on Monday, with the Dow diving more than 500 points to below 10,000 for the first time in four years, as investors feared the widening fallout from the credit crisi... Fed to boost auctions, pay interest on reserves 6 Oct 2008 at 12:51pm WASHINGTON (Reuters) - The Federal Reserve on Monday announced a series of steps to funnel massive amounts of liquidity through clogged credit markets, including boosting the sizes of cash auctions... SEC, Fed aware of everything at Lehman: Fuld 6 Oct 2008 at 1:43pm WASHINGTON (Reuters) - U.S. lawmakers expressed outrage about the collapse of Lehman Brothers Holdings Inc on Monday, saying the investment bank's top executive, board members and regulators all sh... Oil drops $5 to below $89 on demand concerns 6 Oct 2008 at 1:46pm NEW YORK (Reuters) - Oil dropped more than $5 to below $89 a barrel on Monday on expectations the growing financial crisis will further slow already faltering global fuel demand. U.S. calls for unity as crisis wrecks markets 6 Oct 2008 at 1:43pm NEW YORK (Reuters) - Governments and central banks around the world grasped at measures to contain the fast-spreading financial crisis on Monday but global stocks still plummeted as investors bet a... Citi eyeing options to bolster Wachovia bid 6 Oct 2008 at 1:47pm NEW YORK (Reuters) - Citigroup Inc is eyeing options to bolster its bid for Wachovia Corp including an offer for the entire bank, a person close to the bank said on Monday. BofA in $8.6 billion settlement over Countrywide loans 6 Oct 2008 at 12:00pm NEW YORK (Reuters) - As part of a settlement with state attorneys general that could be worth as much as $8.6 billion, Bank of America Corp said on Monday it would cut interest rates and principal... Lilly bids $6.5 billion for ImClone 6 Oct 2008 at 12:15pm BOSTON (Reuters) - Eli Lilly and Co has agreed to acquire ImClone Systems Inc for $6.5 billion, outbidding Bristol-Myers Squibb Co and potentially bringing to a close one of the most colorful corpo... Prosecutors seek 13-year sentence for Parmalat ex-CEO 6 Oct 2008 at 1:40pm MILAN (Reuters) - Italian prosecutors sought a 13-year prison term for the former head of Italian food company Parmalat SpA Monday over its 2003 collapse, one of Europe's biggest financial scandals. Portuguese bank offers "McCain/Obama" rate deal 6 Oct 2008 at 1:23pm LISBON (Reuters) - A Portuguese online bank unveiled a novel interest rate deal Monday by letting clients bet on the outcome of the U.S. presidential election. AP Top Business News At 2:03 p.m. EDT Wall Street tumbles amid global sell-off6 Oct 2008 at 1:52pm NEW YORK (AP) -- Financial markets took a bleak view of the future Monday, seeing contagion in a credit crisis that threatens to cascade through economies globally despite government efforts to... Officials pledge to move quickly on rescue 6 Oct 2008 at 1:09pm WASHINGTON (AP) -- The Treasury Department moved swiftly Monday to implement the financial rescue package, edging closer to naming who will oversee spending the $700 billion earmarked for the p... Europe governments go their own way on crisis 6 Oct 2008 at 1:58pm LONDON (AP) -- Individual European governments issued a cascade of deposit guarantees to shore up their banks but fell short of any coordinated action Monday to deal with the crisis sweeping fi... Citigroup sues Wachovia, Wells Fargo for $60B 6 Oct 2008 at 2:02pm NEW YORK (AP) -- Citigroup Inc. said Monday it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60 billion in... Eli Lilly to buy ImClone for more than $6B 6 Oct 2008 at 12:47pm INDIANAPOLIS (AP) -- Eli Lilly & Co. has agreed to spend more than $6 billion to fortify its cancer treatment portfolio by acquiring the biotechnology firm ImClone Systems Inc. in a deal that t... Congress hears Lehman sought millions for execs 6 Oct 2008 at 1:10pm WASHINGTON (AP) -- Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was tol... EBay to cut 1,600 jobs, 10 percent of work force 6 Oct 2008 at 12:27pm NEW YORK (AP) -- EBay Inc., which still reaps big profits but has been struggling to attract new users, said Monday it will cut its work force by 10 percent - about 1,600 jobs - in an attempt t... Fed to provide as much as $900B in loans to banks 6 Oct 2008 at 2:03pm WASHINGTON (AP) -- The Federal Reserve will provide as much as $900 billion in cash loans to squeezed banks in an urgent effort Monday to break through a dangerous credit clog that threatens th... Oil prices fall as financial turmoil goes global 6 Oct 2008 at 1:06pm NEW YORK (AP) -- Oil prices sunk below $90 a barrel Monday for the first time in eight months, a key price support level, on expectations that a widening financial maelstrom will drastically re... Bank of America settles suits over bad mortgages 6 Oct 2008 at 12:49pm SPRINGFIELD, Ill. (AP) -- Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep peop... |