South Florida business news

J.C. Penney to Slash 2,000 Jobs, Shutter 33 Stores

J.C. Penney to Slash 2,000 Jobs, Shutter 33 Stores

Department-store operator J.C. Penney says it will cut 2,000 jobs and close 33 stores as it tries to turn around... Read »

Jan 16, 2014
Upcoming Jobs Report May Show Improvement

Upcoming Jobs Report May Show Improvement

The upcoming December employment report is expected to show about 200,000 new payroll jobs, a steady growth that may... Read »

Jan 10, 2014
Jobless Aid Bill Faces Uncertain Future

Jobless Aid Bill Faces Uncertain Future

Republicans who helped keep a bill to restore long-term jobless aid alive earlier this week say they won't stay... Read »

Jan 9, 2014
New Crew Restrictions May Have Added to Flight Delays

New Crew Restrictions May Have Added to Flight Delays

As many cities saw thousands of flight delays and cancellations during the recent snowstorms and subzero weather,... Read »

Jan 9, 2014
Chill That Hit Millions May Cost U.S. Billions

Chill That Hit Millions May Cost U.S. Billions

The "polar vortex" that put half the country in a freeze could also cost the U.S. economy up to $5... Read »

Jan 8, 2014
JPMorgan Settles Madoff Fraud Claims for $1.7B: Feds

JPMorgan Settles Madoff Fraud Claims for $1.7B: Feds

JPMorgan Chase & Co., already beset by other costly legal woes, has agreed to pay $1.7 billion to settle... Read »

Jan 7, 2014
Consumers Hoarding Old Light Bulbs After Ban: Survey

Consumers Hoarding Old Light Bulbs After Ban: Survey

A ban on making or importing conventional 40- and 60-watt incandescent light bulbs that went into effect... Read »

Jan 3, 2014
U.S. Stocks Extend Record Run, Jobless Claims Dip

U.S. Stocks Extend Record Run, Jobless Claims Dip

Stocks rose on Thursday, with the Dow closing higher for a sixth consecutive session, as Wall Street continued... Read »

Dec 27, 2013
Feds Shut Down 5

Feds Shut Down 5 "Unsafe" Tour Bus Companies

The federal government is stepping up its crackdown on unsafe buses in California, issuing an order that puts... Read »

Dec 27, 2013
UPS System Overload Delays Christmas Eve Deliveries

UPS System Overload Delays Christmas Eve Deliveries

UPS announced that that some presents will not make it on time this Christmas after a high volume of packages... Read »

Dec 25, 2013
Hyundai, Kia to Pay Millions in Gas Mileage Settlement

Hyundai, Kia to Pay Millions in Gas Mileage Settlement

Hyundai and its sister company Kia said Monday that they will pay up to $395 million to consumers as part of a... Read »

Dec 24, 2013
Chase Ups Limits on Cards Affected by Target Breach

Chase Ups Limits on Cards Affected by Target Breach

JPMorgan Chase has decided to ease the restrictions it placed on customers who used Chase debit cards during the... Read »

Dec 24, 2013
Consumer Reports: Naughty and Nice Company Policies

Consumer Reports: Naughty and Nice Company Policies

Consumer Reports is out with its fourth annual Naughty and Nice list. It highlights companies with good policies and... Watch »

Dec 20, 2013
Zuckerberg Selling Millions of Facebook Shares

Zuckerberg Selling Millions of Facebook Shares

Facebook and Chairman and CEO Mark Zuckerberg are selling a combined 70 million shares of Class A stock as the... Read »

Dec 20, 2013
Honda Tops Insurance Industry's Shrinking Safety List

Honda Tops Insurance Industry's Shrinking Safety List

Honda Motor Co. has topped the insurance industry's annual list of the safest new vehicles, according to The... Read »

Dec 19, 2013
Louisiana Has Nation's Worst Drivers, Survey Finds

Louisiana Has Nation's Worst Drivers, Survey Finds

It looks like motorists who suffer from road rage should avoid Louisian, home to the worst drivers in America,... Read »

Dec 17, 2013
Many Private College Presidents Earn $1M

Many Private College Presidents Earn $1M

Presidents at 42 private colleges scaled the $1 million annual mark in total pay and benefits in 2011 — a slight... Read »

Dec 16, 2013
Ford to Launch 23 New Models, Add 11,000 Jobs Next Year

Ford to Launch 23 New Models, Add 11,000 Jobs Next Year

Ford Mustang plans to release 23 new models next year, according to Joe Hinrichs, Ford's president of the Americas.... Read »

Dec 13, 2013
Bank of America to Pay $132M in SEC Case

Bank of America to Pay $132M in SEC Case

Bank of America has agreed to pay $131.8 million to settle Securities and Exchange Commission charges that its... Read »

Dec 13, 2013
Facebook to Join S&P 500

Facebook to Join S&P 500

Facebook will join the Standard & Poor's 500 stock index, replacing technology supplier Teradyne Inc., while... Read »

Dec 11, 2013

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