Result Page 244 for Florida news & latest pictures from ibtimes.com

Idled cash: more fuel for stocks, or fire hazard?

One of the stock market's favorite accepted nuggets of wisdom is the notion that there's a pile of money waiting in the wings, itching to jump back into the market.

Hurricane Bill likely to make landfall

Hurricane Bill was centered about 1,100 miles east of the Lesser Antilles on Monday morning and was moving West-Northwest at a speed of about 22 mph. Experts predicted that the Hurricane Bill is likely to make landfall.

Daily Wrap Up August 14 â€“ Finance

BB&T Corp. and the Federal Deposit Insurance Corp. have reached an agreement to take over Colonial BancGroup in Alabama the Wall Street Journal and Bloomberg reported citing anonymous sources. Colonial is Alabama's second-largest bank with $26.4 billion in assets and 355 branches in Florida, Alabama, Georgia, Nevada and Texas. The takeover would make BB&T the ninth-biggest U.S. bank by assets.

BB&T set to buy Colonial Bank: Reports

BB&T Corp. and the Federal Deposit Insurance Corp. have reached an agreement to take over Colonial BancGroup in Alabama the Wall Street Journal and Bloomberg reported citing anonymous sources.

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FDIC seizes Colonial, to sell assets to BB&T: report

The Federal Deposit Insurance Corp is taking Colonial BancGroup Inc into receivership and will sell the struggling lender's branches and deposits to BB&T Corp , Dow Jones said, citing a person familiar with the situation.

U.S. home foreclosures set another record in July

U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained housing and the economy.

Delta, Atlanta deal to lead to big bond: report

U.S. carrier Delta Air Lines Inc and the Atlanta airport are close to a lease agreement that would pave the way for an $800 million bond sale, the biggest such offering in the U.S. this year, Bloomberg reported, citing people familiar with the talks.

Energy Dept. allocates $38 mln to prepare for energy disruptions

U.S. Energy Secretary Steven Chu announced today the agency he leads allocated nearly $38 million in funding economic stimulus package funds to all states to help their emergency preparedness plans in case of energy supply disruptions.

Great Deals Out There on Vacation Homes

Despite weakening second home purchases in 2008, the long-term demand looks favorable for the second-home market because there are large numbers of people in the prime years for buying a second home.

U.S. productivity rises at fastest pace in six years

U.S. non-farm productivity in the second quarter rose at its fastest pace in six years as companies slashed costs to protect profits, government data showed on Tuesday.

Non-farm productivity jumps 6.4 percent

U.S. non-farm productivity in the second quarter rose at its fastest pace in six years as companies slashed costs to protect profits, government data showed on Tuesday.

U.S. regulators close 3 banks, total now 72

Bank regulators closed three banks on Friday, bringing the number of failures so far this year to 72 as the weakened economy takes its toll on the financial services sector.

Angry Americans disrupt town-hall healthcare talks

At scattered events across the United States, protesters are confronting members of Congress whose summer town hall meetings aim to get a sense of how Americans feel about overhauling healthcare.

Republican Senator Martinez to resign: party aides

Senator Mel Martinez, a native Cuban and a former chairman of the Republican Party, stunned supporters on Friday by informing them that he plans to resign from Congress, party aides said.

Mel Martinez to resign early from US senate

Florida republican, Senator Mel Martinez, has decided to leave the senate permanently in the next few weeks following his earlier announcement that he would no longer be running for re-election in 2010.

Colonial BancGroup faces criminal probe, FDIC action

Colonial BancGroup Inc said it faces a criminal probe by the U.S. Department of Justice related to accounting irregularities at its mortgage lending unit, and the struggling lender warned it may be put under receivership.

Mel Martinez resigns, Gov. Charlie Crist to appoint new Senator

Florida Sen. Mel Martinez, the only Hispanic Republican in the Senates, said he is resigning on Friday, according to Fox News.

Blackstone beats estimates, has $29 billion to invest

Private equity firm Blackstone Group LP reported higher quarterly earnings on Thursday, topping Wall Street expectations, and said it was sitting on its biggest cash pile ever, with $29 billion to deploy.

Cruise Ships of the Not Too Distant Future

Is the cruise industry trying to resuscitate its image? The old adage that cruise goers are either, newlywed, nearly dead or over fed is no longer accurate with the creation of the mega liner.

Roger Daltrey plots rare North American solo tour

With the Who inactive for the moment, Roger Daltrey is gearing up to launch his first solo tour of North America since 1985.

U.S. raids Colonial Bank office in Florida -bank

Federal agents working with the U.S. Treasury's Troubled Asset Relief Program executed search warrants at two Colonial Bank offices in Florida on Monday, local media reported.

Despite economic downturn, cruise vacations popular

The worldwide economy is in the doldrums and jobless numbers are rising but it hasn't stopped people from taking cruises to get away from it all.

How to find Tax Free day in U.S. for 2009? (List by States in details)

Below is an updated list of the States in U.S. that participate in the Tax Free Week and Weekend in 2009. It is a great way to save money on clothes and other expenses. For details, please refer to their websites:

Breakthrough deal announced in UBS tax dispute

The United States and Swiss bank UBS AG said on Friday they had agreed to settle a dispute over tax evasion and bank secrecy, heading off a showdown that had threatened relations between the two countries.

Space Shuttle Endeavour landed safely after its 23rd flight

Endeavour shuttle landed safely today after completing a 16 day mission to the International Space Station.

Deal reached in UBS tax case

The United States and UBS AG have reached an agreement in principle to settle their dispute over U.S. demands for the names of thousands of wealthy Americans suspected of using the Swiss bank to evade taxes, a U.S. Justice Department attorney said on Friday.