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A company with ties to a business empire of old will be joining a more modern dynasty soon with the purchase of Tampa's Vitality Foodservice Inc. by Nestle of Switzerland. ...more
November 24, 2009
WestShore Plaza owner may change WestShore Plaza could have a new owner soon. Current owner Glimcher Realty Trust is close to a deal to sell a 60 percent stake in WestShore and one other mall to private equity firm Blackstone Group LP for $195 million, the Wall Street Journal said, citing unnamed sources. ...more
November 4, 2009
China took a big leap into the U.S. renewable energy market Thursday, putting up $1.5 billion for a 36,000-acre wind farm in Texas with the power to light 180,000 homes. ...more
October 30, 2009
The publisher of Reader's Digest, the country's most popular general interest magazine, said Monday it will seek Chapter 11 protection from creditors amid declining circulation, an industrywide advertising slump and debt. ...more
August 18, 2009
OSI Clarifies Consultant Use OSI Restaurant Partners, the parent of Outback Steakhouse, on Thursday said it has not retained a restructuring adviser, contrary to a national media report. ...more
March 13, 2009
With Creative Loafing stuck in bankruptcy, a rival Atlanta weekly newspaper is pushing into the Tampa market, planning a local expansion and hoping to buy the six-newspaper Creative Loafing chain out of bankruptcy court. ...more
February 6, 2009
The president's disgust at Wall Street looters was good. But we need more. We need disgorgement. ...more
February 3, 2009
Circuit City on Friday became the largest retailer to fall victim to the expanding financial crisis, announcing it will shut down its remaining 567 U.S. stores at the cost of 34,000 more jobs after failing to sell the business. ...more
January 17, 2009
WASHINGTON (AP) - A seven-member group of investors has agreed to buy the remnants of failed lender IndyMac Bank, a symbol of the U.S. housing boom and bust, for $13.9 billion, federal regulators said Friday. ...more
January 4, 2009
With the economy in the tank, this was a tough year for NASCAR. ...more
November 19, 2008
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