Business
Business
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BUSINESS
Dimon keeps dual role after JPMorgan vote
After surviving a push to oust him as chairman, embattled JPMorgan Chase & Co. Chief Executive Jamie Dimon now faces a Justice Department probe into how the bank lost $2 billion from risky trades.
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BUSINESS
Dow Jones average continues a two-week slide
Europe's latest political impasse cast a gloom over financial markets Tuesday. The euro plunged, and the Dow Jones industrial average extended a slide that has wiped out nearly 5 percent of its value in two weeks.
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BUSINESS
Oil falls to 6-month low near $92 on US supplies
Oil prices dropped to fresh six-month lows near $92 a barrel Wednesday in Asia after a report showed U.S. crude supplies surged more than expected last week.
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BUSINESS
New Citizens customers may see much higher bills
Citizens Property Insurance Corp. may move forward with a controversial plan to uncap rates for new customers.
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NAMES & FACES
Faces in business: Karen Niederer
Faces in business: Karen Niederer, vice president of Alpentouristik Travel, LLC
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MANUFACTURING
CEO of Sunovia in Sarasota issues apology letter to shareholders
Sunovia CEO sends letter to stakeholders apologizing for financial drop.
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BUSINESS
Business briefs: Jewel of the Seas being replaced
Business briefs: Royal Caribbean replacing Jewel of the Seas.
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BUSINESS
Citizens Property Insurance plan could send rates soaring for new customers
If Citizens Property Insurance Corp. moves forward with a controversial plan to uncap rates for new customers, the price to join state-run insurance will increase by an average of 30 percent next year.
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MANUFACTURING
Sunovia CEO in Sarasota apologizes for financial performance
The newly appointed CEO of Sunovia Energy Technologies Inc. issued a letter to shareholders Tuesday apologizing for the firm’s financial proformance shortly after reporting a $744,596 net loss for the first quarter.
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MANUFACTURING
Sun Hydraulics begins construction on new Manatee plant
Sun Hydraulics Corp. has began construction on a new facility on Tallevast Road to increase the manufacturer’s production capacity.








