Shares of BankUnited Financial Corp. continued their descent Wednesday after a Stifel, Nicolaus & Co. analyst downgraded the stock to ''sell'' on capital concerns.
The FAA said that most flights around the country were back to normal Wednesday, after a software malfunction delayed hundreds of flights on Tuesday.
Rates on workers compensation insurance are set to drop 14.1 percent statewide next year, making it the sixth consecutive annual decline in these rates in Florida.
Claims from Tropical Storm Fay keep rolling in for the top five insurers in Florida, with a total so far at 13,795 homeowners claims, 2,127 auto claims and 1,063 flood insurance claims. Flood claims are paid through the National Flood Insurance Program.
A Goldman Sachs analyst said Office Depot will likely continue to face pressure amid a ''stiff'' macroeconomic environment that may cut into sales.
FPL Group's Saint Lucie 1 reactor is operating at 100 percent of capacity, up from 30 percent Tuesday, according to a report from the U.S. Nuclear Regulatory Commission.
Discounted room rates helped boost hotel bookings in the Florida Keys last month, while slightly higher prices in Broward County meant a slower July than last year, according to new figures.
The Federal Aviation Administration says a communications failure at a Georgia facility that processes flight plans for the eastern half of the United States is causing flight delays around the country.
Southwest Airlines, the largest low-fare carrier, will cut its schedule by 190 flights, or about 6 percent, starting Jan. 11 because of lower travel demand.
In two unexpected developments, the number of people without health insurance has dropped for the first time in seven years. The reason: More people are getting government coverage, despite the Bush administration trying to curtail certain government programs.
Florida consumer confidence improved significantly in August, according to a University of Florida report released Tuesday. The monthly index jumped six points to 67, from a revised 61 in July. The August number also was up eight points from June's 59, which was the lowest reading in the survey's 25-year history.
Pinecrest-based American Bank of Florida, a proposed new savings bank, said Tuesday that has launched an initial public offering of at least one million to 1.9 million shares of common stock at $10 per share.
Home prices in South Florida fell 28 percent in the second quarter, second worst in the nation, a private survey showed Tuesday. But nationwide, prices declined at a slower pace for the fourth straight month in June, signaling that the worst housing slump in more than 25 years may be starting to stabilize.
s 44 Haitians at sea A Carnival cruise ship rescued 44 Haitians from a sinking motorboat in the Caribbean on Friday morning. The Carnival Liberty, one of the Miami-based company's largest ships, was off the northeast coast of Cuba when the crew on the bridge spotted the boat, according to Tim Gallagher, a spokesman for the cruiseline.
State regulators intend to reject State Farm Florida's request for an average 47.1 percent increase on its homeowners policies. In South Florida and coastal regions of the state, the rate increase would have been substantially higher.
In the latest move to handle a continuing problem, Noven Pharmaceuticals announced Monday morning the voluntary recall of two lots containing several hundred thousand Daytrana patches, which are used to treat the symptoms of attention deficit hyperactivity disorder.
A Carnival cruise ship rescued 44 Haitians from a boat in the Caribbean Friday morning, the Miami-based company said. The Carnival Liberty, one of the fleet's largest ships, was off the northeast coast of Cuba when it encountered the boat, according to Tim Gallagher, a spokesman for Carnival.
The University of Miami announced Monday it was bringing Dr. Don Williams, which it described as ''one of South Florida's top heart surgeons,'' and two partners to its new hospital.
International air fares reached the highest levels in at least nine years in the second quarter as carriers raised prices to blunt record fuel costs, American Express Business Travel said.
The four largest property insurers in the state have received a total of 8,398 claims so far for Tropical Storm Fay. Citizens Property Insurance, the state-run company and the largest insurer of homes and condos in Florida, has seen 1,766 claims.
