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UF index reflects increase in consumer confidence

Consumer confidence in Florida rose in April thanks to flattening housing prices statewide and news the economy has not gotten worse, a University of Florida report released today said. UF's Survey Research Center at the Bureau of Economic and Business Research reported a six-point gain in its consumer confidence index to 71 in April. ...more

April 28, 2009

Regulators take over Eastern Financial

Federal regulators have assumed control of Eastern Financial Florida Credit Union, which has six branches in the Tampa Bay area, in an effort to shore up its financial stability and protect its assets. ...more

April 27, 2009

Hospitals cutting back

Ailing from the recession, many U.S. hospitals have had to begin making painful cuts to patient services and laying off staff, as previous cost-cutting hasn't been enough, an industry survey found. ...more

April 27, 2009

Feds take over Eastern Financial Credit Union

April 26, 2009

All gone

Richard W. Sitnik of Hudson says bankers don't have money to give back to the U.S. taxpayers. ...more

April 15, 2009

Obama says economy showing 'glimmers of hope'

President Barack Obama says the economy is starting to show "glimmers of hope." ...more

April 10, 2009

BIZ BITS

Florida banks merging The parent companies of Palm Harbor-based Anderen Bank and Orlando-based First Commercial Bank of Florida will merge, the companies said Monday. The combination of Anderen Financial and FCB Florida Bancorporation will create a bank with a presence in the Orlando and Tampa markets with $850 million in assets, including $100 million in capital. The new bank will keep the name First Commercial Bank of Florida. ...more

April 7, 2009