News

TALLAHASSEE — Arguing that local government spending has ballooned uncontrollably, the National Federation of Independent Business kicked off a petition drive Tuesday to put an amendment on the 2010 ballot restricting local governments' ability to spend. Calling the initiative "Your…

SANDESTIN — Nearly 300 business, community and political leaders from across Northwest Florida are gathered here this week for a three-day conference to foster regional unity and seek ways to stimulate the area’s economy.   “We must forge ahead and…

TALLAHASSEE — There was good and bad news for the state's Hurricane Catastrophe Fund Tuesday. The fund that reimburses insurance companies facing extraordinary claims following a hurricane has more mostly liquid assets – totaling about $10 billion – than ever…

TALLAHASSEE — A tumultuous September brought significant financial losses for Florida as the country saw several financial giants crash and burn in a flailing economy. The state invests portions of several funds in the stock market through a diverse portfolio.…

JACKSONVILLE — The St. Joe Company (NYSE:JOE) announced today that it will host an interactive conference call to review the company’s results for the third quarter ended September 30, 2008. The conference call will be held on Tuesday, November 4,…

TALLAHASSEE – Florida Attorney General Bill McCollum today announced that Florida and several other states have reached a multimillion dollar agreement in principle with Countrywide, a newly-acquired subsidiary of Bank of America. The agreement includes a $150 million foreclosure relief…

MIAMI – Governor Charlie Crist on Friday joined hundreds of executives and elected officials from Latin America and the Caribbean to discuss partnerships with the neighboring countries in areas of international trade, alternative energy and environmental preservation. Speaking at the…

While many governments across the nation are in fiscal crisis, Florida’s financial house is in order, earning it an “AAA” bond rating this week from Standard and Poor’s. The annual review from one of the top the internationally-recognized financial research…

With an economy larger than most nations on the planet, Florida plays a vibrant role in international commerce. There are 44,000 exporters in Florida, 17 percent of the national total. But when it comes to sending goods overseas – $49…

In these shaky economic times, consumers and businesses are rightly worried about protecting their finances. So how safe are your savings? Most bank accounts, up to $100,000, are insured by the Federal Deposit Insurance Corporation. “For 75 years, no one…