The global economic downturn continues to take a toll on Jabil Circuit Inc. ...more

March 25, 2009

For a year, General Motors has been singing the praises of the new Chevrolet Malibu, voted by auto writers as the 2008 North American Car of the Year and billed by GM Chairman Rick Wagoner as "the finest midsized car this country offers." To promote its launch, GM spent nearly $250 million on advertising, dubbing it "the car you can't ignore." ...more

February 21, 2009

As the number of unemployed consumers climbs, Wall Street analysts say restaurant sales, profits and stock prices are likely to drop, leading to even more layoffs in the restaurant industry. ...more

December 6, 2008

Overseas consumers spent more at McDonald's Corp. in August than Wall Street expected, leading the nation's No. 1 hamburger chain to surprise investors Tuesday by posting a big rise in global same-store sales. ...more

September 10, 2008

In an ominous sign for drugmakers, the number of prescriptions dispensed by pharmacies in the United States is growing at its worst rate in at least a decade as consumers are squeezed by both a troubled economy and the growing burden of out-of-pocket health care costs. ...more

July 17, 2008

As home prices continue to decline and loan defaults mount, federal regulators are bracing for dozens of American banks to fail during the next year. ...more

July 14, 2008

You may not know a Tampa company called Syniverse. But if you have a cell phone, you should give it a nod of thanks when your calls go through. ...more

June 17, 2008

You may not know a Tampa company called Syniverse. But if you have a cell phone, you should give them a nod of thanks when your calls go through. Working behind the scenes, it makes billions of phone calls around the world work smoothly and has found itself in one of the most lucrative crossroads in the wireless market. ...more

June 16, 2008

As if home builders didn't have enough to worry about with plunging home prices and rising foreclosures, the surge in oil prices is driving up the cost of key construction materials and further eroding homebuyers' confidence. ...more

June 14, 2008

AVON PARK — Remember January, when gas was $3.25 a gallon? Wall Street analysts were predicting gasoline would sell for $4 a gallon this summer. And here it is, still three weeks before summer begins, and the Shell convenience store in Avon Park just raised its price to $4.059 for a gallon of unleaded. Don't blame it on the store, said Mohammed Shamim, the owner. The store is still making just two or three cents per gallon as its profit. But fuel sales are off 25 percent. Since convenience stores use gasoline as a price leader to draw customers inside the store, sales of groceries are off 30 percent, Shamim said. ...more

May 29, 2008