State Florida Financial News

The Hill. “This week, when the US House of Representatives reconvenes, my first order of business will be to nominate Donald J. Trump for Speaker of the US House of Representatives," Nehls said in a statement.

For Disney fans, Halloween is among the most desirable (and expensive) times to visit its theme parks

A federal judge in New York has dismissed a lawsuit that accused McDonald’s and Wendy’s of misleading consumers with ads that show bigger, juicier burgers than their restaurants actually serve

Florida-based startup M2X Energy has raised more than $20 million from investors, including Bill Gates-backed Breakthrough Energy Ventures, to build its gas-to-methanol trailers. The methanol plants on wheels could help reduce methane emissions at remote locations like North Dakota’s Bakken shale play where gas is often produced as a byproduct of oil and a dearth of pipeline space means the fuel isn’t transported to market. In the US, more than 286.7 billion cubic feet of gas was wasted through flaring or venting in 2021 from upstream oil and gas facilities, although the actual figure is likely far larger because some releases don’t get reported and the total doesn’t include emissions from some key producing states that don’t track the data.

Kevin McCarthy, as party infighting plunged Congress into further chaos just days after it narrowly averted a government shutdown. The 216-to-210 vote marked the first time in history that the House removed its leader, with eight Republicans voting with 208 Democrats to remove McCarthy. McCarthy told reporters he would not make another run for speaker. «I fought for what I believe in,» McCarthy said.

Matt Gaetz, a hard-right Republican hailing from Florida, led the removal of House Speaker Kevin McCarthy through a historic single-page resolution. Gaetz's move, backed by a handful of conservative allies, toppled McCarthy by a narrow vote of 216-210.

Invesitng.com — The House voted Tuesday to oust Kevin McCarthy from his position as speaker — an historic outcome that hasn't ever been seen in Congress. 

Peso Pluma, Yng Lvcas and Grupo Frontera, rising stars in Mexican music, discussed their careers and the genre's evolution at the Billboard Latin Music Week 2023. During The New Mexican Music Revolution panel presented by BMI, the artists emphasized collaboration's role in advancing the genre. Collaborations have played a crucial role in expanding the genre globally. Peso and Yng Lvcas teamed up for «La Bebe (Remix),» reaching No. 11 on the Billboard Hot 100. Grupo Frontera and Peso's «Tulum» reached No. 6 on the Hot Latin Songs chart. Greeicy and Mike Bahía started the Latin Music Week 2023 «Billboard En Vivo» concert series on Monday, October 2. They performed for an hour at the Faena Theater. The show was sponsored by Michelob Ultra 21+. During their performance, they sang their popular songs from their solo careers and their collaborations. The Latin Music Week 2023 features various events, including a Superstar Q&A with Shakira and panels with industry veterans. Showcases by artists like Peso Pluma, etc were also part of the week. The official partners for the event included AT&T, Cheetos, CN Bank, Delta Air Lines, Lexus, Netflix, Michelob ULTRA, and Smirnoff. Latin Music Week coincided with the Billboard Latin Music Awards 2023 ceremony, which broadcasted live from Coral Gables, Florida, and was aired on Telemundo and other platforms throughout Latin America and the Caribbean.

By Jamie McGeever

McCarthy's ability to remain in leadership was thrown into serious risk on Tuesday after the House voted to move ahead with an effort by hard-right Republican critics to oust him. The narrow outcome forced by McCarthy's chief rival, Rep. Matt Gaetz of Florida, brought together a handful of conservative Republican critics of the speaker and many Democrats who say he is unworthy of leadership.

Digital personal financial services company SoFi Technologies (SOFI) has reached an agreement with a company founded by Tiger Woods and Rory McIlroy to be the presenting sponsor of a new team golf league, in a deal that includes naming rights for an arena in Florida.

With no winner announced on Saturday, Monday night's Powerball jackpot amounts to a whopping $1.04 billion.

Edelman Financial Engines has acquired Align Wealth Management, a registered investment advisory firm that manages $425 million in assets, Edelman announced Tuesday.

Donald Trump’s business fraud trial in New York will move on Tuesday to the more plodding task of going through years of his financial documents in what’s expected to be a weekslong fight over whether they constitute proof of fraud.An accountant who prepared Trump’s financial statements for years is expected to be back on the witness stand for a second day.Trump, who spent a full day Monday as an angry spectator at the civil trial, said he’ll be back at the defense table.“See you in Court on Tuesday morning!” Trump posted on his Truth Social platform.The trial is the culmination of a lawsuit in which New York Attorney General Letitia James, a Democrat, has accused the Republican former president of deceiving banks, insurers and others for years by giving them papers that misstated the value of his assets.Judge Arthur Engoron delivered an early victory to James last week, ruling that Trump committed fraud by exaggerating the size of his penthouse at Trump Tower, claiming his Mar-a-Lago estate in Florida was worth as much as $739 million and putting similar oversized valuations on office towers, golf courses and other assets.The non-jury trial concerns six remaining claims in the lawsuit and how much Trump might owe in penalties. James is seeking $250 million and a ban on Trump doing business in New York.

Reuters reported. Testimony in the Manhattan courtroom began following opening statements, with Donald Bender, a partner at Mazars USA and longtime accountant for Trump's businesses, as the state's first witness. Speaking to media persons, Trump said that the case was a “scam", a “sham", and a “political vendetta" by James, and during a lunch break called the Democrat "a corrupt person, a terrible person.

The United Auto Workers union has reached a tentative contract agreement with Mack Trucks that covers about 4,000 workers in three states

(Reuters) — Donald Trump said he will appear in a New York court on Monday at the beginning of a civil fraud trial in which the former president will face what he said was a «sham» accusation that he fraudulently inflated the value of properties and other assets.

John Ormesher (pictured) joined from Ardevora Asset Management.

The legal fights between Disney and Gov. Ron DeSantis ratcheted up this week

Head Start programs serving more than 10,000 disadvantaged children would immediately lose federal funding if the government shutdown isn't averted

WASHINGTON (Reuters) — Republican U.S. House of Representatives Speaker Kevin McCarthy faces an attempt by members of his own party to oust him because he passed a stopgap funding measure with Democratic support to avoid a government shutdown.