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April 20, 2012 | Daily Business Review

Campaign commercials give hint of ad war to come

Get ready. The presidential ad campaign coming to a TV and radio near you is going to be nasty, expensive and heavily influenced by independent groups, particularly those that favor Republican Mitt Romney over Democrat Barack Obama.
6 minute read
October 01, 2010 | Daily Business Review

Banks ignore request to join class action suit

The lead plaintiffs' attorney in the Miami-based Chinese drywall class action spent months urging banks to join the class, but his overtures have attracted no interest.
5 minute read
January 15, 2013 | Daily Business Review

Bank of Israel chief channels Fed in changing focus to growth

Bank of Israel's Stanley Fischer's dual focus on employment and growth alongside price stability resembles the Fed's and has marked a shift at the Bank of Israel, where previous governors placed an ECB-style emphasis on inflation.
6 minute read
June 15, 2010 | Daily Business Review

Gulf Coasters skeptical of Obama, BP promises

President Barack Obama promised that life would return to normal for people living on the stricken Gulf Coast, and BP said new efforts will more than triple the amount of oil it captures from a ruptured undersea well. But the pledges don't reassure some residents.
4 minute read
August 29, 2011 | Daily Business Review

AMR leverage burden rises with Eagle split: corporate finance

AMR Corp.'s costs to borrow are poised to rise as it seeks to spin off its regional carrier, sapping cash and boosting the ratio of debt to earnings at the parent of American Airlines.
7 minute read
January 16, 2013 | Daily Business Review

Goldman profit beats analysts' estimates on investments

Goldman Sachs quarterly net income surged to $2.89 billion from $1.01 billion a year earlier. A stock-market rebound and a $500 million profit from selling a hedge fund-administration unit helped revenue recover from the lowest first half since 2005.
6 minute read
February 16, 2011 | Daily Business Review

Capital Sources: IRS proposal to report interest payments draws ire

An Internal Revenue Service proposal to report interest payments to the U.S. deposits of non-resident aliens is alarming South Florida's international banking community.
6 minute read
October 01, 2010 | Daily Business Review

Some tax planning becoming guesswork

Public debate over federal tax policy has reduced many elements of taxpayer planning to guesswork.
6 minute read
September 02, 2011 | Daily Business Review

Bid to block AT&T deal reflects telecom industry

The Obama administration has explained its effort to block AT&T's purchase of T-Mobile USA by saying it will fight mergers that would reduce competition and hurt consumers.
5 minute read
April 18, 2011 | Daily Business Review

Philips unloads TV business, succumbing to Chinese competition

Royal Philips Electronics NV will cede control of its 80 year-old television unit to an Asian contract manufacturer, joining European conglomerates including Siemens AG to scale back consumer electronics as prices decline.
4 minute read