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Lauderdale firms, exec must pay $5M in restitution, fines

Two Fort Lauderdale companies and their principal were ordered to pay about $5 million in restitution and civil penalties to settle allegations they fraudulently solicited more than 250 people to buy foreign currency options.

State Farm lowers auto rates 0.3 percent

State Farm Mutual Automobile Insurance said Friday it would reduce its auto rates by 0.3 percent on new and renewal policies, effective Oct. 27.
U.S. home prices fall on higher foreclosures

Home prices dropped in 24 of 25 U.S. metropolitan areas in July, led by declines in Las Vegas and the coastal cities of California, as foreclosures depressed prices and accounted for a fifth of all sales.
Credit crunch hits South Florida businesses

Local businesses are feeling the effects of the tightened credit market. 'It's a mess out there,' one accountant said.
Delta, NWA shareholders to vote on combination

Delta and Northwest airlines are crossing off one more item on their checklist for becoming the world's biggest carrier, with shareholder votes at both companies Thursday expected to overwhelmingly back the deal combining the two.
American suspends flights to Bolivia

American Airlines says it has suspended flights to and from Bolivia due to the country's political crisis.
American to add flights from Miami to Brazil

American Airlines said Wednesday that it will add several new flights to Brazil for the upcoming winter travel season, including two more flights from Miami.
Allegiant to resume flights from Fort Lauderdale

Allegiant Air, which had cut back its service from eight to three destinations from Fort Lauderdale earlier this month, will add back three cities, giving passengers a chance to fly to Chattanooga, Tenn.; Huntington, W. Va.; and Blountville, Tenn.