State Florida Financial News
29.08 / 16:39
Provident
Waters
Manufacturing
Action
awards
country
lawsuits
3M agrees to pay $6 billion to settle earplug lawsuits from U.S. service members
Chemical and consumer product manufacturer 3M has agreed to pay $6 billion to settle numerous lawsuits from U.S. service members who say they experienced hearing loss or other serious injuries from using earplugs made by the company
29.08 / 16:07
UPS
Platform
Action
Chevron
Oil steadies as supply concerns counter macroeconomic jitters
Brent crude edged up by 3 cents to $84.45 a barrel by 1332 GMT while U.S. West Texas Intermediate crude dipped 4 cents to $80.07. Hurricane Idalia strengthened on Tuesday as it headed towards Florida's Gulf Coast after skirting past Cuba. It is likely to cause power outages and could hit crude production.
29.08 / 15:47
29.08 / 02:03
Provident
Mobile
Idalia
Florida braces for impact of Tropical Storm Idalia, Governor Ron DeSantis declares emergency. Details here
NASA and National Oceanic and Atmospheric Administration (NOAA). Meanwhile, Florida Governor Ron DeSantis has declared a state of emergency in 46 counties.
29.08 / 02:03
MAIL
Reuters
COMPOSITE
song
musician
US Presidential
Eminem asks Republican Vivek Ramaswamy to stop using his songs for US presidential campaign
Joe Biden for President of the United States. This disclosure, initially reported by the Daily Mail, relayed that the renowned American rapper’s music would no longer be licensed for utilisation in Ramaswamy's campaign, following the artist's request. The official letter, penned by BMI, underscored the objection raised by Eminem, whose legal name is Marshall B.
29.08 / 01:33
Extreme
country
Oil prices dip with econ data, storm-driven supply risks in focus
Investing.com-- Oil prices fell slightly in early Asian trade on Tuesday as traders awaited a slew of economic readings from major oil importers this week, while focus also remained on potential supply disruptions from Tropical Storm Idalia.
29.08 / 01:09
28.08 / 23:25
28.08 / 22:17
UPS
Citi
Action
Southern
track
social
Idalia
As Idalia nears, Florida officals warn of 'potentially widespread' gas contamination: What to know
Florida officials are warning drivers of “potentially widespread fuel contamination” impacting gas stations across the state's west coast as residents brace for Tropical Storm Idalia’s expected landfall later this week
28.08 / 22:17
COST
CEO
Align
T-Mobile
Allstate
Farmers Insurance says it is cutting 2,400 jobs in bid to ensure long-term profitability
Farmers Insurance says it will lay off 11% of its workforce — about 2,400 employees — as part of a corporate restructuring aimed at increasing its efficiency and long-term profitability
28.08 / 21:23
UPS
NASDAQ
DOW
economic data
Stock market today: Dow ends higher as 3M leads charge ahead of slew of economic data
Investing.com — The Dow ended higher Monday, underpinned by a 3M-led surge in industrials ahead of a flurry of data this week that will play into the Federal Reserve’s policy decision next month.
28.08 / 17:51
UPS
Citi
Highways
country
Factbox-Most powerful hurricanes in US history
(Reuters) — Florida was preparing on Monday for the arrival of a major hurricane expected to make landfall early on Wednesday somewhere along the state's Big Bend country, where the panhandle meets the peninsula.
28.08 / 17:33
UPS
Target
performer
country
Biden welcomes students back to school as Republicans target public education
By Steve Holland and Trevor Hunnicutt
28.08 / 17:01
28.08 / 15:39
Action
Discover
Florida gas stations supplied by CITGO's Tampa Terminal may have contaminated fuel
CITGO has uncovered a contaminated product at its Tampa, Florida terminal. The contamination has been attributed to a product routing issue that occurred at the terminal. This incident has prompted CITGO to take immediate action to address the situation and ensure the safety of its products and consumers.
28.08 / 15:27
28.08 / 15:15
shooting
Florida’s DeSantis booed at Jacksonville vigil after racially-motivated shooting
Hundreds of people gathered Sunday at prayer vigils and in church, in frustration and exhaustion, to mourn yet another racist attack in America: this one the killing of three Black people in Florida at the hands of a white, 21-year-old man who authorities say left behind white supremacist ramblings that read like “the diary of a madman.”
28.08 / 14:55
28.08 / 14:47
Provident
Reuters
Action
Strategy
Support
Oil rises as China moves to support economy, tropical storm in focus
China took steps to bolster its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen demand. China halved stamp duty on stock trading in its latest attempt to boost struggling markets. The market is also keeping an eye on Tropical Storm Idalia and any risk it poses to oil and gas output in the U.S.
28.08 / 14:11
UPS
Progressive
Waters
Airlines
Idalia
Hurricane
Idalia storm to become Hurricane and hit Florida? Check US weather forecast
Florida's coastline as a hurricane, depositing as much as 18 inches of rainfall on an area that experienced the effects of historic Hurricane Ian less than a year ago. Ryan Truchelut, the head meteorologist at WeatherTiger, a Florida-based weather agency, indicates that there are indications pointing to the potential for Idalia to escalate to the level of a major hurricane, characterized by sustained winds reaching at least 111 mph, qualifying for Category 3 classification. He asserts that disregarding these indications would be unwise. As of Sunday night, Truchelut observed that Idalia was situated in the northwestern Caribbean, displaying signs of intensified thunderstorm activity in proximity to its central circulation center.
28.08 / 14:09
Franklin
Idalia
Hurricane
Hurricane Franklin gaining strength, Idalia expected to hit Florida as hurricane
Hurricane Franklin is forecast to become the Atlantic’s first major hurricane of the season on Monday and is on track to pass close to Bermuda on Wednesday, the U.S. National Hurricane Center (NHC) said on Sunday.
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