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Joe the Attorney, a partner of a law firm with offices in Tampa and St. Petersburg and a friend of This Space, has had about enough of the campaign season, but not for the reasons one might expect. ...more
October 8, 2008
Expect a smaller orange crop from Florida growers this season. Facing skyrocketing fertilizer prices, a souring economy and lower orange juice sales, Florida growers, by some estimates, will produce an estimated 155 million boxes of citrus during the 2008-09 season. That's 9 percent less than last season, when the industry picked 170 million boxes of Florida citrus. ...more
October 7, 2008
the largest one-day point drop - before recovering to close with a loss of 370, a 3.6 percent drop. The catalyst for the selling, which also took the Dow below 10,000 for the first time in four years, was investors' growing despair that the spreading credit crisis will take a heavy toll around the world. ...more
October 7, 2008
Wall Street suffered through another extraordinary and traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points - their largest one-day point drop - before recovering to close with a loss of 370. The catalyst for the selling, which also took the Dow below 10,000 for the first time in four years, was investors' growing despair that the spreading credit crisis will take a heavy toll around the world. ...more
October 6, 2008
NEW YORK (AP) - A battle broke out for control of Wachovia Friday as Wells Fargo signed a $15.1 billion agreement to buy the Charlotte, N.C.-based bank, while Citigroup and the federal regulators backing its earlier deal insisted that Citi's takeover bid go forward. ...more
October 5, 2008
The stranglehold on the credit markets remained tight Friday after the House approved a revised $700 billion financial bailout, with investors nervous that the plan is at most a first step in repairing the faltering U.S. economy. ...more
October 4, 2008
American International Group said Friday it plans to sell a number of business units to pay off its massive government loan. ...more
October 4, 2008
The Senate strongly endorsed the $700 billion economic bailout plan Wednesday, leaving backers optimistic that the easy approval, coupled with an array of popular additions, would lead to House acceptance by Friday and end the legislative uncertainty that has rocked the markets. ...more
October 2, 2008
The nation's credit crunch has frozen Florida's ability to borrow money, but that isn't yet causing problems for the state, a top state money manager said Tuesday. ...more
September 30, 2008
The fallout from the vote against a bailout package for the U.S. financial system may well dig deep into the economy. ...more
September 30, 2008
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