Bank of America CEO bets billions that home prices will recover
At Bank of America Corp., where the company's home-price forecasts have proved too good to be true, billions of dollars of new losses are at stake along with the credibility of Chief Executive Officer Brian T. Moynihan.Capital Sources: Private manager gets 30% return for state pensions
The Florida Growth Fund, which helps invest state pension money, is poised to double the amount it invests on behalf of retired teachers, police officers and other civil servants.Blackstone profit rises 56% as real estate gains
Blackstone Group LP, the world's largest private-equity firm, said fourth-quarter profit rose 56 percent as the value of its real estate investments gained.Homeowners shift to 15-year loan refinancing to add equity
While millions of U.S. homeowners have negotiated lower monthly mortgage bills in an effort to avoid foreclosure, Cecelia Kirchman happily added $250 to her payment when she refinanced last August.Lawyer's tardiness deprived man of right to counsel
A man convicted and sentenced to 12 years in prison on drug charges was deprived of his right to counsel because his lawyer was late for an evidentiary hearing, a court ruled.Lawyer blames lack of security, wins $1.28 million for rape victim
Michael A. Haggard said Cornerstone Group never addressed the trailer park's crime problems even though police warned the company that the property was crime-riddled and in need of security measures.Gov. Scott surprises Florida Bar conference
Gov. Rick Scott made a surprise appearance at the annual Florida Bar convention to announce a commitment to court funding and promised to make it a priority in the next legislative session.Wolfgang's Looks To Succeed Where Others Have Failed
Does downtown Miami need another upscale steakhouse? Many of the city's power elite are embracing Wolfgang's Steakhouse with its dry-aged steak, waterfront views and superior service.Greek yogurt trend makes Turkish immigrant a billionaire
Hamdi Ulukaya, 40-year-old Turkish immigrant, has a net worth of $1.1 billion billionaire thanks to being the sole owner of Chobani, the best-selling yogurt brand in the U.S. whose sales have quintupled since 2009.Trending Stories
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