Orlando News
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Updated 21 minutes ago
North Dakota, which has fewer inhabitants than Columbus, Ohio, was until recently best known for the oil boom consuming its western half and creating a $1.6 billion surplus equivalent to more than $2,200 per resident.
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Wholesale prices in the U.S. fell more than forecast in March as the cost of energy slumped by the most in three years.
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Five years ago, property agent Daisul Akhyar took 20 minutes to drive to work in Pekanbaru, capital of Indonesia’s Riau province. Now, he can spend two hours in traffic after a surge in wealth transformed the city.
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Sterne Agee Group Inc. is in talks to combine with Gleacher & Co., the investment bank that’s lost $180.4 million since 2009, people familiar with the matter said.
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SeaWorld Entertainment Inc., the aquatic theme-park operator owned by Blackstone Group LP, is seeking to raise as much as $540 million in its initial public offering.
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Rotech Healthcare Inc., a provider of home respiratory products, filed for bankruptcy saying its plan to cut debt by about half and reorganize is supported by a majority of its noteholders.
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SeaWorld Entertainment Inc., the aquatic theme-park operator owned by Blackstone Group LP, boosted the amount it plans to raise from an initial public offering to $500 million.
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Europe’s government bonds rose this week, with French, Austrian and Belgian yields falling to records, as the European Central Bank said it would keep policy accommodative and the Bank of Japan boosted asset purchases.
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Blackstone Group LP is moving ahead with the initial public offering of SeaWorld Entertainment Inc. as soon as this month after rejecting takeover bids for the theme-park operator, said a person familiar with the matter.
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Italian bonds advanced, pushing 10- year yields down from the highest level in four weeks, as President Giorgio Napolitano sought to end a political stalemate and start negotiations on a new government.
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