Grape tomatoes grown in Florida and shipped around the state and as far away as Canada were recalled Tuesday because of potential contamination from salmonella. Naples-area producer Six L’s Packing Co. in Immokalee agreed to recall one lot of tomatoes packed on April 11 and shipped to retail stores and restaurants in North Carolina, South Carolina, Alabama, New Jersey, New York, Michigan, Pennsylvania, California, Georgia and Canada, the U.S. Food and Drug Administration said. Salmonella bacteria contaminates food through the feces of infected animals or humans, which spreads through water or on unwashed hands or surfaces. Generally, it can be killed by cooking to 165 degrees. Washing fresh produce can prevent infections but does not guarantee it. In this case, no illnesses have been reported. The recalled produce is labeled as Cherry Berry tomatoes with lot code DW-H, sold in clam shell containers in stores and 20-pound boxes for other customers, the FDA said. Full story…
Unless the attorneys in today’s closing arguments diverge greatly from the cases they have presented so far, the six-member jury’s decision could come down to siding either with human emotion or the sometimes cold reality of business.
Plaintiff Harold Libby and his attorneys have attempted to tug at emotions throughout the trial. Libby, 85, contends his case against Band is about a “betrayal of trust.”
Band, Libby claims, was his attorney and steered him into investing more than $1 million into building the Grande Bay condos, on the island of St. John in the U.S. Virgin Islands.
In doing so, Libby contends, Band, 74, failed to properly tell him about and protect him from risks associated with the 48-unit project, or to give him important information about the deal.
“David had answers — but they weren’t the right ones,” Libby attorney Michael Keane said in procedural arguments Monday afternoon before Judge Charles Roberts.
The condos project, which was supposed to generate $15 million in profit, have run $45 million over budget and still are not finished.
Iberiabank Corp. — The Louisiana bank that became one of Southwest Florida’s largest after buying the failed Century Bank and Orion Bank in 2009 posted a 12.6 percent increase in first-quarter profit. For the January-through-March period, Iberiabank earned $14.6 million, or 54 cents per share, compared with year-ago earnings in the first quarter of $13 million, or 59 cents per share. The latest quarter included a 4-cent-per-share impact for acquisition expenses. A year ago, that cost totaled 7 cents per share. In addition to acquiring failed banks with the Federal Deposit Insurance Corp. guaranteeing large portions of any loan failures, Iberiabank has two acquisitions in the works: Lake Charles, La.-based Cameron Bancshares Inc. in a stock-for-stock deal valued at $133 million and a $40 million deal to buy Metairie, La.-based Omni Bancshares Inc. that will expand Iberiabank in the Baton Rouge and New Orleans areas. D Full story…
EVANSVILLE — Indiana’s utility regulators have approved an electricity rate increase for Vectren, though in an amount less than the Evansville-based utility company was hoping to receive.
This afternoon the Indiana Utility Regulatory Commission issued an order that allows Vectren to collect an addition $28.6 million in annual revenue from its electricity rates. That’s about 16 percent less than the $34 million Vectren had asked for. (When Vectren’s rate case began in December 2009, the utility company asked for a $54 million annual increase. Vectren revised its requests twice after that, finally settling on a request for $34 million.)
Immediately after the order was issued, Vectren still was not sure how much extra customers will pay under the new rates. More de
Are you bankrupt and worried? Then check list certain things and you are all set to a new credit history altogether.
You need to survey and work out on the quotations received from several banks. Choose the bank with a comparatively low interest rate, lower security deposit, longer term period for repayment and rapid procedural scheme. Close all the open accounts.
However difficult to avoid these in terms of bankruptcy, once you select your bank and they call you for an interview, make sure you are able to justify the reasons behind bankruptcy and convince them of your capability for repayment within the stipulated time period. Unless you assure them of your credibility you will fail to get a loan for yourself. You might get a good deal if you have had a good credit history.