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      <description>News, sports and entertainment from MiamiHerald.com</description>
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      <copyright>Copyright 2009 MiamiHerald.com</copyright>

      <category domain="MiamiHerald.com">Breaking News - Business</category>
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        <pubDate>Fri, 09 Jan 2009 23:39:17 EST</pubDate>
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    <title>U.S. jobless rate jumps to 7.2 percent in December</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845143.html</link>
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    <pubDate>Fri, 09 Jan 2009 09:04 EST</pubDate>
    <description>The U.S. unemployment rate bolted to 7.2 percent in December, the highest since early 1993, as nervous employers slashed 524,000 jobs.</description>
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<item>
    <title>Lennar shares fall after fraud allegations</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845439.html</link>
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    <pubDate>Fri, 09 Jan 2009 13:21 EST</pubDate>
    <description>Shares of Miami-based Lennar fell as much as 28 percent Friday after Barry Minkow&amp;#39;s Fraud Discovery Institute alleged that the company operates its joint ventures like a Ponzi scheme. Lennar denied the allegations.</description>
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<item>
    <title>There are many ways to measure unemployment</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845755.html</link>
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    <pubDate>Fri, 09 Jan 2009 15:09 EST</pubDate>
    <description>If the official unemployment rate sometimes sounds low to you, you&amp;#39;re not alone. But it&amp;#39;s not because the government is cooking the books.</description>
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    <title>Unemployed squeezed on health insurance</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845524.html</link>
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    <pubDate>Fri, 09 Jan 2009 13:29 EST</pubDate>
    <description>Newly unemployed Americans will have to spend about 30 percent of their jobless benefits on average to pay for health insurance through their former employer, according to a new report.</description>
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    <title>Surprising jump in jobless rate suggests more pain ahead</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/846123.html</link>
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    <pubDate>Fri, 09 Jan 2009 19:27 EST</pubDate>
    <description>With employers shedding 524,000 jobs in December for a total of more than 2.6 million in all of 2008, economists think that as bad as Friday&amp;#39;s jobs report from the government was, it only points to further deterioration in the months ahead.</description>
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<item>
    <title>Romanian currency drops to record low against euro</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845146.html</link>
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    <pubDate>Fri, 09 Jan 2009 09:09 EST</pubDate>
    <description>Romania&amp;#39;s national currency dropped to a record low against the euro on Friday, the central bank said.</description>
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<item>
    <title>Puerto Rico seeks $1.2B loan amid budget crisis</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845697.html</link>
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    <pubDate>Fri, 09 Jan 2009 14:39 EST</pubDate>
    <description>Puerto Rico&amp;#39;s newly elected governor plans to borrow $1.2 billion from a state bank to pay overdue debts and finance an economic stimulus package.</description>
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<item>
    <title>Credit crunch may lead to another rice crisis</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/844823.html</link>
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    <pubDate>Fri, 09 Jan 2009 01:24 EST</pubDate>
    <description>A drop in oil and fertilizer costs has halved the price of rice - a staple for almost 700 million of Asia&amp;#39;s poorest - but it could jump again this year as farmers struggle to secure loans amid the credit crunch, experts said Friday.</description>
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<item>
    <title>Negotiator: pirates get $3 mil for Saudi tanker</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845198.html</link>
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    <pubDate>Fri, 09 Jan 2009 09:49 EST</pubDate>
    <description>After reportedly receiving a $3 million ransom dropped by parachute, pirates said they released a captured Saudi supertanker Friday, ending a two-month drama that helped galvanize international efforts to fight piracy off Africa&amp;#39;s coast.</description>
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<item>
    <title>High costs for food, vet care can 'dog' pet owners</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845804.html</link>
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    <pubDate>Fri, 09 Jan 2009 15:24 EST</pubDate>
    <description>Speculation about what kind of puppy the new first family will get has intrigued the nation since President-elect Barack Obama publicly promised his daughters a pooch.</description>
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<item>
    <title>China revamping its key southern factory region</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/844878.html</link>
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    <pubDate>Fri, 09 Jan 2009 02:09 EST</pubDate>
    <description>China has updated an ambitious blueprint to aggressively revamp the country&amp;#39;s key manufacturing region - a plan that has already helped cause many low-end factories to move or shut down.</description>
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<item>
    <title>Lithuanian airlines sold to Swiss firm</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845204.html</link>
    <guid>http://www.miamiherald.com/business/breaking-news/story/845204.html</guid>
    <pubDate>Fri, 09 Jan 2009 09:59 EST</pubDate>
    <description>A Switzerland-based firm has purchased Lithuania&amp;#39;s troubled FlyLAL airline, FlyLAL announced Friday.</description>
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    <title>Pet insurance saves cash, but comes with caveats</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845817.html</link>
    <guid>http://www.miamiherald.com/business/breaking-news/story/845817.html</guid>
    <pubDate>Fri, 09 Jan 2009 15:34 EST</pubDate>
    <description>It&amp;#39;s a common remark for those devoted to their pooches: &amp;quot;I spend more on my dog&amp;#39;s health care than I do on my own!&amp;quot;</description>
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<item>
    <title>Renault vehicle sales drop sharply amid crisis</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/844916.html</link>
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    <pubDate>Fri, 09 Jan 2009 03:29 EST</pubDate>
    <description>France&amp;#39;s Renault SA said Friday that vehicle sales fell 28.5 percent in December as the global economic crisis led to a &amp;quot;brutal&amp;quot; collapse of the market.</description>
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<item>
    <title>Ex-Merrill Lynch president leaving Bank of America</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845239.html</link>
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    <pubDate>Fri, 09 Jan 2009 10:29 EST</pubDate>
    <description>Bank of America says the former president of Merrill Lynch is leaving, following the completion of the Charlotte-based bank&amp;#39;s takeover of the Wall Street investment firm.</description>
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    <title>Disney plans to build Shanghai theme park</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845854.html</link>
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    <pubDate>Fri, 09 Jan 2009 15:54 EST</pubDate>
    <description>The Walt Disney Co. said Friday that it was going to submit a plan to build a new theme park in China in a joint venture with the Shanghai government.</description>
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<item>
    <title>China shares gain, led by power companies, banks</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/844928.html</link>
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    <pubDate>Fri, 09 Jan 2009 03:54 EST</pubDate>
    <description>Chinese shares rebounded Friday as investors hunted bargains and power companies rose after a government capital injection into one electricity supplier.</description>
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<item>
    <title>Turkey hopes to become Europe's gas alternative</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845313.html</link>
    <guid>http://www.miamiherald.com/business/breaking-news/story/845313.html</guid>
    <pubDate>Fri, 09 Jan 2009 11:14 EST</pubDate>
    <description>As Europe is once again held hostage to the gas quarrels between Ukraine and Russia, Turkey is hoping to become an alternative route for the continent&amp;#39;s energy imports - but its ambitions face tough practical and political challenges.</description>
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<item>
    <title>Obama, Democrats look to revamp financial bailout</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845902.html</link>
    <guid>http://www.miamiherald.com/business/breaking-news/story/845902.html</guid>
    <pubDate>Fri, 09 Jan 2009 16:39 EST</pubDate>
    <description>Barack Obama&amp;#39;s economic team is talking with the Bush administration about having Treasury Secretary Henry Paulson ask Congress within the next week for access to the $350 billion remaining in the financial bailout fund, officials on both sides said Friday.</description>
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<item>
    <title>ECB chief: Bank considering bigger regulatory role</title>
    <link>http://www.miamiherald.com/business/breaking-news/story/845009.html</link>
    <guid>http://www.miamiherald.com/business/breaking-news/story/845009.html</guid>
    <pubDate>Fri, 09 Jan 2009 04:54 EST</pubDate>
    <description>The European Central Bank is considering taking a bigger regulatory role in the financial sector, ECB President Jean-Claude Trichet said Friday.</description>
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