FLORIDA

IBTimes Logo

BP tries again to curb oil spill

BP Plc hit a snag in its latest effort to curb the Gulf of Mexico oil spill as the British energy giant's shares stabilized on Wednesday and parts of the huge oil slick reached neighboring states.
IBTimes Logo

Obama to meet spill probe leaders as oil heads north

President Barack Obama will meet with the leaders of a panel he created to probe the worst oil spill in U.S. history on Tuesday, as a giant slick from BP's blown-out Gulf of Mexico well poses a new threat to the coasts of Mississippi and Alabama.
More news
IBTimes Logo

GE CEO expects word on dividend rise this year

General Electric Co expects to tell shareholders by the end of this year it is ready to raise its dividend as well as resume share buybacks, and return to profit growth in 2010, its CEO said.
IBTimes Logo

White House Covers Up Menacing Oil 'Blob'

In an exclusive for Oilprice.com, the Wayne Madsen Report (WMR) has learned from Federal Emergency Management Agency (FEMA) and U.S. Army Corps of Engineers sources that U.S. Navy submarines deployed to the Gulf of Mexico and Atlantic Ocean off the Florida coast have detected what amounts to a frozen oil blob from the oil geyser at the destroyed Deep Horizon off-shore oil rig south of Louisiana. The Navy submarines have trained video cameras on the moving blob, which remains frozen at depths of ...
IBTimes Logo

GE CEO sees really strong profit growth ahead

General Electric Co expects to post a higher profit this year, resume share buybacks and say by the end of the year whether it will raise its dividend, its CEO said on Wednesday.
IBTimes Logo

Tarballs in Florida stoke fears of oil slick spread

Fears that the huge Gulf of Mexico oil spill was spreading through ocean currents flared on Tuesday after tarballs were found on Florida's Key West, while energy giant BP Plc worked to capture more of the leaking crude.
IBTimes Logo

Florida tar balls fuel fears of oil slick spread

A discovery of tar balls on Florida's Key West fanned fears on Tuesday that a massive Gulf of Mexico oil spill was spreading through ocean currents, as energy giant BP Plc worked to capture more of the crude leaking from its gushing deep-water well.
IBTimes Logo

U.S. to probe spill as BP says more oil contained

Energy giant BP said on Tuesday it was now able to siphon off about 40 percent of the oil gushing from a ruptured well in the Gulf of Mexico but has not been able to stop the leak, as President Barack Obama is to create a commission to probe the spill.
IBTimes Logo

April foreclosures ebb, suggesting high plateau

Foreclosure activity fell in April as lenders repossessed homes at a record pace but started far fewer new actions against struggling homeowners, signaling a plateau in loan failures, RealtyTrac said on Thursday.
IBTimes Logo

Obama government defends healthcare law in court

(Reuters) - The Obama administration has urged a court to reject an attempt to block a controversial new law overhauling the U.S. healthcare system, saying it was constitutional and any challenge was premature.
JakesLI_SF061_picnik

How I Travel: Susie Floros

Being an only child had its perks. I'd sprawl out across the backseat and go wherever the road brought us. We'd drive from Rhinebeck, New York down the east coast to the Jersey Shore, North Carolina or Florida for family vacations.
IBTimes Logo

No end in sight to spill as BP costs mount

BP Plc said on Monday it had incurred $350 million in costs so far from the huge oil spill in the Gulf of Mexico as fears mounted of a prolonged and growing environmental and economic disaster.
IBTimes Logo

The Cover-up: BP's Crude Politics and the Looming Environmental Mega-Disaster

We have been informed by sources in the US Army Corps of Engineers, Federal Emergency Management Agency (FEMA), and Florida Department of Environmental Protection that the Obama White House and British Petroleum (BP), which pumped $71,000 into Barack Obama's 2008 presidential campaign -- more than John McCain or Hillary Clinton, are covering up the magnitude of the volcanic-level oil disaster in the Gulf of Mexico and working together to limit BP's liability for damage caused by what can be call...
IBTimes Logo

Google sues indie label over copyright claims

LOS ANGELES - Google has taken the rare step of asking a California judge to declare that by linking to copyright-infringing works on Rapidshare, the search giant is not facilitating the illegal distribution of copyrighted songs.
IBTimes Logo

Five Best U.S. Cities for National Park Lovers

After a whirlwind road trip through five Utah national parks in three days, my husband declared that he would never again let me plan a vacation based solely on visiting national parks.
IBTimes Logo

Gulf Oil Spill Threatens Halt to White House Offshore Drilling Plans

The oil spill in the Gulf of Mexico from a collapsed offshore drilling rig could affect White House plans to extend offshore drilling, press secretary Robert Gibbs acknowledged as the oil slick threatened onshore sites from the Louisiana wetlands to the Sarasota beaches and disrupted fishing and energy industries.
IBTimes Logo

Better weather aids fight on oil slick

A flotilla of nearly 200 boats tackled a massive oil slick in the Gulf of Mexico on Tuesday, taking advantage of calmer weather to intensify the fight to reduce the spill and limit its impact on the U.S. shoreline.
IBTimes Logo

Red Sox owner, trader Henry sticks to plan

Futures trader John Henry, who parlayed a knack for blackjack into an investing system to make billions of dollars, says he is sticking with his trend-following strategy even though it has not worked well lately.
IBTimes Logo

Gulf of Mexico oil spill largest in US history

The massive oil spill in the Gulf of Mexico, leaking from a ruptured well moved closer to the mouth of the Mississippi River. Analysts said the oil spill that threatened to eclipse even the Exxon Valdez disaster spread out of control with a faint sheen washing ashore along the Gulf Coast.
IBTimes Logo

Foreclosures fall in most of top metro areas

Foreclosure activity fell in 14 of the top 20 U.S. metropolitan areas in the first quarter compared with a year earlier, even though total U.S. foreclosures rose, RealtyTrac said on Thursday.
IBTimes Logo

S&P cuts Greek debt to junk, downgrades Portugal

Rating agency Standard and Poor's slashed Greek debt to junk status on Tuesday and also downgraded Portugal, as investors worried political pressures could block a multi-billion euro bailout of Greece.
IBTimes Logo

Five Charming US Cities

Quick. Name five of the busiest tourist towns in the US. Got it? Now, try to imagine how those cities looked years ago, before the influx of tacky souvenir shops and overcrowded buses, when mom and pop stores still adorned the main streets and where a familiar face greeted you at every corner.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.