FLORIDA

IBTimes Logo

White House Covers Up Menacing Oil 'Blob'

In an exclusive for Oilprice.com, the Wayne Madsen Report (WMR) has learned from Federal Emergency Management Agency (FEMA) and U.S. Army Corps of Engineers sources that U.S. Navy submarines deployed to the Gulf of Mexico and Atlantic Ocean off the Florida coast have detected what amounts to a frozen oil blob from the oil geyser at the destroyed Deep Horizon off-shore oil rig south of Louisiana. The Navy submarines have trained video cameras on the moving blob, which remains frozen at depths of ...

GE CEO sees really strong profit growth ahead

IBTimes Logo
General Electric Co expects to post a higher profit this year, resume share buybacks and say by the end of the year whether it will raise its dividend, its CEO said on Wednesday.

Tarballs in Florida stoke fears of oil slick spread

IBTimes Logo
Fears that the huge Gulf of Mexico oil spill was spreading through ocean currents flared on Tuesday after tarballs were found on Florida's Key West, while energy giant BP Plc worked to capture more of the leaking crude.
IBTimes Logo

Florida tar balls fuel fears of oil slick spread

A discovery of tar balls on Florida's Key West fanned fears on Tuesday that a massive Gulf of Mexico oil spill was spreading through ocean currents, as energy giant BP Plc worked to capture more of the crude leaking from its gushing deep-water well.
More news
JakesLI_SF061_picnik

How I Travel: Susie Floros

Being an only child had its perks. I'd sprawl out across the backseat and go wherever the road brought us. We'd drive from Rhinebeck, New York down the east coast to the Jersey Shore, North Carolina or Florida for family vacations.
IBTimes Logo

No end in sight to spill as BP costs mount

BP Plc said on Monday it had incurred $350 million in costs so far from the huge oil spill in the Gulf of Mexico as fears mounted of a prolonged and growing environmental and economic disaster.
IBTimes Logo

The Cover-up: BP's Crude Politics and the Looming Environmental Mega-Disaster

We have been informed by sources in the US Army Corps of Engineers, Federal Emergency Management Agency (FEMA), and Florida Department of Environmental Protection that the Obama White House and British Petroleum (BP), which pumped $71,000 into Barack Obama's 2008 presidential campaign -- more than John McCain or Hillary Clinton, are covering up the magnitude of the volcanic-level oil disaster in the Gulf of Mexico and working together to limit BP's liability for damage caused by what can be call...
IBTimes Logo

Google sues indie label over copyright claims

LOS ANGELES - Google has taken the rare step of asking a California judge to declare that by linking to copyright-infringing works on Rapidshare, the search giant is not facilitating the illegal distribution of copyrighted songs.
IBTimes Logo

Five Best U.S. Cities for National Park Lovers

After a whirlwind road trip through five Utah national parks in three days, my husband declared that he would never again let me plan a vacation based solely on visiting national parks.
IBTimes Logo

Gulf Oil Spill Threatens Halt to White House Offshore Drilling Plans

The oil spill in the Gulf of Mexico from a collapsed offshore drilling rig could affect White House plans to extend offshore drilling, press secretary Robert Gibbs acknowledged as the oil slick threatened onshore sites from the Louisiana wetlands to the Sarasota beaches and disrupted fishing and energy industries.
IBTimes Logo

Better weather aids fight on oil slick

A flotilla of nearly 200 boats tackled a massive oil slick in the Gulf of Mexico on Tuesday, taking advantage of calmer weather to intensify the fight to reduce the spill and limit its impact on the U.S. shoreline.
IBTimes Logo

Red Sox owner, trader Henry sticks to plan

Futures trader John Henry, who parlayed a knack for blackjack into an investing system to make billions of dollars, says he is sticking with his trend-following strategy even though it has not worked well lately.
IBTimes Logo

Gulf of Mexico oil spill largest in US history

The massive oil spill in the Gulf of Mexico, leaking from a ruptured well moved closer to the mouth of the Mississippi River. Analysts said the oil spill that threatened to eclipse even the Exxon Valdez disaster spread out of control with a faint sheen washing ashore along the Gulf Coast.
IBTimes Logo

Foreclosures fall in most of top metro areas

Foreclosure activity fell in 14 of the top 20 U.S. metropolitan areas in the first quarter compared with a year earlier, even though total U.S. foreclosures rose, RealtyTrac said on Thursday.
IBTimes Logo

S&P cuts Greek debt to junk, downgrades Portugal

Rating agency Standard and Poor's slashed Greek debt to junk status on Tuesday and also downgraded Portugal, as investors worried political pressures could block a multi-billion euro bailout of Greece.
IBTimes Logo

Five Charming US Cities

Quick. Name five of the busiest tourist towns in the US. Got it? Now, try to imagine how those cities looked years ago, before the influx of tacky souvenir shops and overcrowded buses, when mom and pop stores still adorned the main streets and where a familiar face greeted you at every corner.
IBTimes Logo

RIM shows new operating system

Research in Motion gave analysts a sneak peek at a revamped operating system for its BlackBerry smartphone on Monday and said it would launch it next quarter, propelling its shares higher.
IBTimes Logo

RIM unveils rejigged BlackBerry models

Research in Motion is launching variations of two existing BlackBerry smartphones, the company said on Monday, and its co-chief executive hinted that much-anticipated announcements on a new operating system and browser are also on the way.
IBTimes Logo

Big expectations for RIM at BlackBerry trade show

Research In Motion Ltd needs to produce evidence next week that it is close to unveiling a more consumer-friendly BlackBerry experience if it hopes to disarm critics who question its competitive chops.
IBTimes Logo

Innkeepers USA preps for possible bankruptcy: sources

Innkeepers USA Trust , a U.S. real estate investment trust with interests in about 73 hotels, is getting ready for a possible bankruptcy filing after missing debt payments earlier this month, according to four people familiar with the matter.
IBTimes Logo

Innkeepers preps for possible bankruptcy: sources

Innkeepers USA Trust , a U.S. real estate investment trust with interests in about 73 hotels, is getting ready for a possible bankruptcy filing after missing debt payments earlier this month, according to four people familiar with the matter.
IBTimes Logo

Regulators seize eight banks

U.S. regulators on Friday seized eight banks with assets totaling more than $6 billion, raising the tally this year to 51 failed banks and adding to the carnage of small institutions that is expected to peak this year.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.