Business and Finance news

Tampa Mayor Pam Iorio and former U. S. Congressman Jim Davis will discuss transportation initiatives for the University of South Florida area July 14 as part of wider campaign to improve Tampa Bay-area transit.
The “University Area Transportation Summit” is free and open to the public, but expected to draw heavily from the university, Temple Terrace […]

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FLORISSANT — After standing vacant for a year and a half, the old Value City site on North Lindbergh Boulevard has new life.
The building at 2394 North Highway 67 — or Lindbergh — was shuttered after Value City Department Stores filed for bankruptcy protection in October 2008 and closed many of its stores […]

Immunome said Monday it has completed a financing that included investments from BioAdvance, operator of the Biotechnology Greenhouse of Southeastern Pennsylvania, and undisclosed private investors.
The amount of money raised by the Wynnewood, Pa., biopharmaceutical company was not disclosed.
Immunome is a discovery-stage antibody company focused on developing new treatments for life-threatening infectious diseases.
“This financing will enable […]

Money rules of thumb can be inaccurate because people’s financial lives differ. But they can help us make difficult decisions or give us benchmarks. Here are a few:
— Rule of 10: For perspective on big purchases, think about how you will feel about it in 10 days, 10 weeks and 10 years. For […]

The Hawaiian Commercial & Sugar Co., is seeking to ramp up its renewable energy production in a partnership with the University of Hawaii and federal government.
Federal agencies are investing up to $12 million for biofuel research at HC&S, which is a division of Alexander & Baldwin (NYSE: ALEX).
The Office of Naval Research is giving $2 […]

Sun Hung Kai Properties Ltd. shares jumped after the developer sold 900 homes in Hong Kong for HK$4.2 billion ($540 million) over the weekend, fueling speculation the city’s housing market is overheating.
Shares of the world’s biggest developer by market value added 1.7 percent to HK$101.80 at 10:41 a.m. Hong Kong time after gaining […]

The federal government has offered Hawaii $16.6 million in stimulus relief to help cover the costs of prescription drugs for residents eligible for both Medicare and Medicaid.
The U.S. Department of Health and Human Services announced Thursday that the temporary boost is part of the American Recovery and Reinvestment Act of 2009. It comes in the […]

The Missouri Supreme Court has thrown out $125,000 in damages awarded to a former employee of Pepose Vision Institute of Chesterfield because a juror made anti-Semitic comments.
The high court’s decision requires a trial judge to examine allegations of prejudicial remarks made by one or more jury members and, upon finding said allegations to be true, […]

Just a few years ago you could count on getting the bulk of your money back for almost any home-improvement project you took on. Today merely replacing a toilet seat can feel like throwing caution, and cash, to the wind. According to a study from Remodeling magazine, the average return on value for an […]

Stephen Roach, chairman of Morgan Stanley Asia, said investors are wrong to bet that China will restrain its unprecedented stimulus after the economy accelerated in the third quarter.
“The Chinese really are fixated on one thing and one thing alone which is social stability — they don’t want to take a risk of another […]