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Merrill Lynch's departing chief executive, Stan O'Neal, will walk away with $161.5 million in stock, options and retirement benefits, the company said Tuesday. ...more
October 31, 2007
Stan O'Neal's legacy will be cemented as the $8 billion man. That's about the size of the massive write-down Merrill Lynch & Co. had to take during its just-ended quarter, which has ruined the reputation of the investment bank's CEO. ...more
October 31, 2007
Florida's major theme parks see growth ahead, despite continued dismal economic news about the U.S. housing market and the decline of the dollar. ...more
October 9, 2007
SEBRING –– Those who know Mario Trevino from his younger days remember the "baker boy" who helped in his father's bakery and even sold bread out of a van. These days Trevino is more likely to be sitting behind the desk as a Merrill Lynch financial advisor, teaching clients how to manage their money better. But banker or baker, Trevino has been a big believer in hard work. "I've been through the school of hard knocks and have learned to do all the things other people aren't willing to do." When his father started a Mexican bakery and grocery store, which grew to three locations before the hurricanes put them out of business, all of the family worked there. ...more
October 8, 2007
The 1970 United Auto Workers strike against General Motors Corp. went on for 69 days and helped push the nation into a recession. This time, industry watchers predict the strike will be short. ...more
September 26, 2007
Wall Street fell moderately Monday as investors anxiously awaited the Federal Reserve's impending decision on interest rates. ...more
September 18, 2007
SEBRING — Highlands County has a brand-new instant millionaire. ...more
August 9, 2007
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