WASHINGTON — Facing criticism from Republican lawmakers, Chairman Ben Bernanke stood behind the Federal Reserve's low-interest-rate policies Wednesday and sought to reassure members of Congress that the central bank has a handle on the risks.In his second day of testimony on Capitol Hill, Bernanke told members of the House Financial Services Committee that...
Drivers line up for $2.27 gas at the Finish Line in Sweetwater
Label: Business Hundreds of cars were backed up for more than four blocks waiting for gas Wednesday at the Finish Line in Sweetwater.Drawing the crowd: a special promotion at the gas station and convenience store on 109th Avenue and West Flagler Street. Drivers started lining up at 5 a.m. to pay a cash price of $2.27 per gallon, close to a 50 percent savings. The promotion...
Feb
26
Jurors to decide fate of Miami imam accused of aiding Pakistani Taliban
Label: World For two months, federal prosecutors portrayed Miami imam Hafiz Khan in the worst possible light: terrorist sympathizer, Taliban supporter and pathological liar.“His whole defense is a lie,” Assistant U.S. Attorney John Shipley told 12 jurors Tuesday during closing arguments.The 77-year-old Khan, with his hunched shoulders and flowing white beard, testified that he sent about...
Derek Hough Talks Maksim Chmerkovskiy Dancing with the Stars Exit
Label: LifestyleET caught up with the brand-new cast of Dancing with the Stars season 16 after their big Good Morning America announcement Tuesday morning, where one looming question couldn't be ignored -- can the show survive without popular pro dancer Maksim Chrmerkovskiy?"It's the nature of the show, you know. People aren't asked back certain seasons and come back later," pro dancer Derek Hough says. "It'll be...
Carrie Fisher hospitalized after strange cruise performance: report
Label: Health Carrie Fisher was hospitalized briefly after a strange, off-key performance she delivered aboard a Caribbean cruise, according to published reports today.Fisher was treated for her bipolar condition, according to celebrity Web site TMZ.com, citing the actress' publicist."There was a medical incident related to Carrie Fisher’s bipolar disorder,” the rep...
Univision bumps NBC into fifth place
Label: Business A failing NBC has left Univision the fourth most popular network in the United States — at least for now.The latest ratings from the February “sweeps” race — a milestone moment for network ratings in the television business — had NBC fall behind its Spanish-language rival. The Doral-based network finished the sweeps period with a viewership that amounted to 1.5 percent of...
Feb
25
Citizens Property Insurance strains to pull in belt on spending
Label: World The Maryland insurance executive charged with cleaning house at Citizens Property Insurance has had trouble sticking to the tighter travel expense policy he put in place.Since Barry Gilway became Citizens CEO in June, he has stayed in a hotel at nearly twice Citizens’ room rate cap, charged liquor to a corporate credit card in violation of company rules, submitted expense...
Janet Jackson Married Wissam Al Mana
Label: LifestyleRumors that Janet Jackson is planning her wedding to Wissam Al Mana have been flying fast and furious for weeks now. There's only one problem: they're already married!
PHOTOS - The Most Glamorous Oscar GownsIn their first joint statement as a couple, Janet Jackson and Wissam Al Mana confirm the news exclusively to ET, saying, "The rumours regarding an extravagant wedding are simply not true. Last...
Census to replace "Negro" with "black" or "African-American"
Label: Health WASHINGTON — After more than a century, the Census Bureau is dropping its use of the word "Negro" to describe black Americans in surveys.Instead of the term that came into use during the Jim Crow era of racial segregation, census forms will use the more modern labels "black" or "African-American".The change will take effect next year when the Census Bureau...
Miami medicine goes digital
Label: Business About 10 years ago, Dr. Fleur Sack quit her practice as a family physician to become a hospital department head. Spurring her decision was the need to switch from paper records to electronic ones to keep her private practice profitable. “At that time, it would have cost about $50,000,” Dr. Sack recalled. “It was too expensive and it was too overwhelming.” But times and technologies...
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