With layoffs looming, Progress Energy Florida said today electricity consumption and sales have fallen well below expectations, a byproduct of Florida's distressed housing market. ...more

August 7, 2008

Barack Obama has shifted his position on offshore oil drilling, saying he favors a proposal by a bipartisan "Gang of 10" U.S. senators. ...more

August 2, 2008

The poor housing market in Florida and soaring production costs for coal led TECO Energy Corp. on Thursday to lower its expectations for 2008. ...more

August 1, 2008

Despite misgivings, members of the state Cabinet voted 2-1 to pay $224 million to financier Warren Buffett in exchange for his pledge to buy up to $4 billion worth of state bonds in the event of massive property damage this hurricane season. ...more

July 30, 2008

The state's top mortgage regulator is keeping his job, at least for two more weeks. The governor and Cabinet this morning gave Financial Regulations Director Don Saxon until Aug. 12 to come back with proposals to ensure convicted felons are not being licensed as mortgage brokers. ...more

July 29, 2008

Verizon Communications' second-quarter earnings rose 12 percent, the company said Monday, while revenue was slightly shy of expectations and customers disconnected their landlines faster than before. ...more

July 29, 2008

It's unclear whether state officials will sign off today on the deal with financier Warren Buffett to shore up Florida's Hurricane Catastrophe Fund. ...more

July 29, 2008

Florida's top mortgage regulator will likely get at least a temporary reprieve today from calls for his ouster over revelations that his office licensed thousands of mortgage brokers with criminal backgrounds. ...more

July 29, 2008

The head of a state agency that allowed thousands of criminals to sell home loans in Florida has acknowledged his office did not follow a screening law but blamed legislators for failing to provide money to enforce it. ...more

July 25, 2008

TAMPA - Nothing free lasts forever, even hurricane inspections. My Safe Florida Home officials are urging residents who want a free inspection to act now, as the program is rapidly closing on its goal of 400,000 inspections statewide. ...more

July 3, 2008