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Outback Steakhouse's parent company, OSI Restaurant Partners, posted a huge loss of nearly $177 million in its second quarter, much of it related to a reduction in the company's value, but also triggered by a steep drop in restaurant sales. ...more
August 16, 2008
TAMPA Outback Steakhouse's parent company, OSI Restaurant Partners, posted a huge loss of nearly $177 million in its second quarter, much of it related to a reduction in the company's value, but also triggered by a steep drop in restaurant sales. ...more
August 15, 2008
Florida's top regulator of mortgage brokers said Tuesday that he will leave his post Sept. 30 amid continuing criticism for allowing thousands of ex-convicts to obtain mortgage brokering licenses and, in some cases, commit fraud. ...more
August 13, 2008
The Florida Parole Commission will remain all-white with the reappointment of an existing member Tuesday after a move to seek a more diverse slate of finalists failed. ...more
August 13, 2008
With layoffs looming, Progress Energy Florida said today electricity consumption and sales have fallen well below expectations, a byproduct of Florida's distressed housing market. ...more
August 7, 2008
Barack Obama has shifted his position on offshore oil drilling, saying he favors a proposal by a bipartisan "Gang of 10" U.S. senators. ...more
August 2, 2008
The poor housing market in Florida and soaring production costs for coal led TECO Energy Corp. on Thursday to lower its expectations for 2008. ...more
August 1, 2008
Despite misgivings, members of the state Cabinet voted 2-1 to pay $224 million to financier Warren Buffett in exchange for his pledge to buy up to $4 billion worth of state bonds in the event of massive property damage this hurricane season. ...more
July 30, 2008
The state's top mortgage regulator is keeping his job, at least for two more weeks. The governor and Cabinet this morning gave Financial Regulations Director Don Saxon until Aug. 12 to come back with proposals to ensure convicted felons are not being licensed as mortgage brokers. ...more
July 29, 2008
Verizon Communications' second-quarter earnings rose 12 percent, the company said Monday, while revenue was slightly shy of expectations and customers disconnected their landlines faster than before. ...more
July 29, 2008
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