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Florida News

• Fewer Americans to Travel During the July 4 Holiday, AAA Says

  Updated 2 hours, 7 minutes ago

  Fewer Americans will travel over the July 4 holiday this year, and those who take trips will stay closer to home, according to a forecast by AAA.

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  Senate Moves Toward Showdown Over Border-Security Plan

  Updated 13 minutes ago

  A U.S. Senate vote today on a border-security proposal may splinter Republicans as sponsors of a comprehensive immigration measure try to negotiate an alternative to prevent a bipartisan deal from unraveling.

• Fidelity National Boosts Cash Part of LPS Deal by $500 Million

  Fidelity National Financial Inc., the largest U.S. title insurer, said it will boost the cash portion of the payment for Lender Processing Services Inc. by $500 million.

• TPG Capital to Invest $135 Million Developer AV Homes

  Updated 2 hours, 7 minutes ago

  TPG Capital, the private-equity firm founded by David Bonderman and James Coulter, agreed to invest $135 million in AV Homes Inc. and take a more than 40 percent stake in the developer.

• Ethanol’s Discount to Gasoline Swells as Imports Boost Supply

  Updated 2 hours, 8 minutes ago

  Ethanol’s discount to gasoline expanded to the widest differential in more than two months after a government report signaled that higher imports of the fuel are replenishing a record-low supply.

• Banks’ Mortgage-Service Fixes Faulted by Settlement Monitor

  Updated 1 hour, 5 minutes ago

  The largest U.S. mortgage servicers, including Citigroup Inc. and Bank of America Corp., haven’t done enough to upgrade their treatment of customers in danger of foreclosure, according to a court-appointed monitor.

• Brown Leads Insurance Broker Slump on Blair’s Rate Call

  Brown & Brown Inc. led a slump among insurance brokers, falling the most since October, after William Blair & Co. said slowing growth in rates for commercial coverage will curb profit for the industry’s middlemen.

• Gasoline Pares Gains as U.S. Supplies and Refinery Inputs Rise

  Gasoline pared gains after a report that U.S. refiners processed the most crude in six months, implying production of the motor fuel will increase. Crack spreads widened.

• Whitey Bulger Witness Says He Killed to Help His Friends

  John Martorano, a government witness in the murder trial of reputed crime boss James “Whitey” Bulger, told a jury that he took part in 10 murders with Bulger in an altruistic bid to help friends.

• Spanish Court Annuls Re-Opening of Caja Madrid’s Blesa Case

  A Spanish court annulled a decision to re-open a probe into a loan made by Miguel Blesa, the former chairman of savings bank Caja Madrid.

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