Month: February 2025

Wachovia Bank mismanaged a trust fund set up for children in the Seminole Tribe of Florida for nearly a decade, costing the beneficiaries as much as $800 million, lawyers told a Broward jury Wednesday. In opening statements for a trial expected to last several weeks, plaintiffs’ lawyer William Scherer accused the bank, now owned by Wells Fargo, of deliberately failing to make standard stock investments, opting instead for less volatile but less lucrative money market accounts that didn’t... Read More

By LARRY NEUMEISTER NEW YORK (AP) — R. Kelly’s racketeering and sex trafficking convictions, along with a 30-year prison sentence, were upheld Wednesday by a federal appeals court that concluded the singer exploited his fame for over a quarter century to sexually abuse girls and young women. The 2nd U.S. Circuit Court of Appeals in Manhattan ruled Wednesday after hearing arguments last March. The Grammy-winning, multiplatinum-selling R&B songwriter was convicted in 2021 in Brooklyn... Read More

By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions. “People can be confident that we’ll continue to keep our heads down, do our work, and make our decisions based on what’s happening in the economy,” Powell said, under questioning from members of the House Financial Services Committee. Powell spoke on... Read More

South Florida-based Spirit Airlines has again rejected a third takeover bid from budget rival Frontier, saying that it would focus on its own plan to emerge from bankruptcy and stabilize its finances. Originally Published: February 12, 2025 at 7:50 AM EST ... Read More

By LEE KEATH, Associated Press CAIRO (AP) — Behind U.S. President Donald Trump’s vows to turn Gaza into a “Riviera of the Middle East” lies a plan to forcibly drive a population from its land, rights groups say, warning it could be a war crime under international law. Trump doubled down this week on his vows to empty Gaza permanently of its more than 2 million Palestinians, saying they would not be allowed to return and suggesting at one point he might force Egypt and Jordan to take... Read More

Democrat Todd Delmay is running against Florida State Rep. Hillary Cassel, who was a Democrat until December when she left the party and became a Republican. The move brought praise from President Donald Trump and outrage from Democrats. Subscribe to continue reading this article. Already subscribed? To login in, click here. ... Read More

Despite the Florida governor’s announcement last week that some Citizens Insurance customers would see rates decreased from what the company requested in June, premiums will still increase on average throughout the state, data released by Citizens shows. Originally Published: February 12, 2025 at 5:28 AM EST ... Read More

Using troves of customer reviews, Yelp has decreed that two South Florida restaurants belong on its “Top 100 Places to Eat in the U.S. 2025” list. Yes, just two in all of South Florida. Originally Published: February 12, 2025 at 5:10 AM EST ... Read More

General Daily Insight for February 12, 2025 Passions could be running high at present. The tense Full Moon in Leo at 8:53 am EST is likely to show us where we’ve been suppressing our valid individual needs in order to do what seems best for some larger group. If these arrangements aren’t sustainable, they ultimately won’t work out! The Moon also opposes articulate Mercury, opening our minds to talk through all the issues involved. After Luna shifts into practical Virgo, we’ll... Read More