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TAMPA -- Saxon Mortgage is laying off 140 workers in the Tampa Bay area, according to documents the company filed today under the state's Worker Adjustment and Retraining Notification Act. ...more
February 25, 2008
For more than two hours Tuesday, county commissioners talked about how to pave and maintain Pasco County roads for less money. ...more
February 6, 2008
Whether or not we slip into a recession, you ought to be prepared for the worst. That means understanding what's happening in the economy, your industry and the job marketplace that serves it. Equally important, you ought to take special measures to hold onto your job, and at the same time create a fallback position should you be laid off. ...more
January 27, 2008
In what appears to be the largest trading fraud ever carried out by a single person, a young trader at French bank Societe Generale is accused of making unauthorized bets on stock markets that cost the bank nearly $7.2 billion but may not have netted him a cent. ...more
January 25, 2008
Merrill Lynch & Co. on Thursday recorded its biggest quarterly loss since being founded 94 years ago after the world's largest brokerage took almost $15 billion worth of write-downs from bad subprime mortgage bets. ...more
January 18, 2008
Lennar Corp.'s November sale of 11,000 properties in eight states set a price that may mark the bottom for the U.S. housing market: 40 cents on the dollar. ...more
January 11, 2008
Tampa will benefit from a $5.25 billion project to double the Panama Canal's capacity by 2014 and expand container cargo shipping for many U.S. seaports, industry officials agree. ...more
January 11, 2008
Over the years, we have grown accustomed to government bailouts of financial companies. The odd thing about the current credit crunch, however, is that it isn't the U.S. government that is doing the bailing. ...more
January 1, 2008
You would expect a year marking the 10th anniversary of the Asian crisis to be hectic, and 2007 didn't disappoint. Coup attempts, subprime fallout, terrorist attacks, scandals, volatile stocks, elections, you name it. ...more
December 27, 2007
This might have been one of Wall Street's most dismal years in a decade, but that hasn't stopped bonus checks from rising an average of 14 percent. ...more
December 22, 2007
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