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Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal Reserve. ...more
November 13, 2009
Target Corp. has sold its interest in the struggling Cypress Creek Town Center project. ...more
November 6, 2009
WellCare Health Plans Inc. turned a profit in the third quarter, due in part to lower medical and general expenses. ...more
November 5, 2009
Federal Reserve Chairman Ben Bernanke prodded Congress on Friday to enact legislation overhauling the nation's financial regulatory system to prevent a repeat of the banking and credit debacles that had thrust the country into crisis. ...more
October 24, 2009
Bank closings for the year hit 100 on Friday when regulators shut down Partners Bank in Florida. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession. ...more
October 24, 2009
Rising losses on commercial real estate loans will continue to hurt U.S. banks in coming months and pose the biggest challenge for many financial institutions and overseers, regulators said Wednesday. ...more
October 15, 2009
State Rep. Baxter Troutman and state Rep. Denise Grimsley have to be in the insurance lobbyists' back pocket. The article in Sunday's paper on the unregulated insurance is a complete joke. ...more
September 18, 2009
Taylor, Bean & Whitaker Mortgage Corp. of Ocala said Monday it filed for bankruptcy protection after moves this month by regulators led to a virtual shutdown of what had been one of the nation's biggest independent mortgage bankers. ...more
August 25, 2009
The government is investigating a potential fire risk in more than 200,000 Jeep Wranglers. ...more
August 17, 2009
Gov. Charlie Crist and the Florida Cabinet have approved Progress Energy Florida's bid to build a nuclear power plant in Levy County. ...more
August 12, 2009
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