Best Buy shares drop 13% as company swings to a third-quarter loss

The discount on Best Buy’s stock keeps getting deeper.Shares of the struggling electronics chain tumbled 13 percent yesterday, hitting their lowest levels in a decade as the retailer swung to a loss on a steeper-than-expected sales decline.The stock drop, which left Best Buy shares down 49 percent on the year at $11.96, likely cut the price for a leveraged...

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South Florida hotels enjoyed a strong October

South Florida hotels enjoyed a strong October, as growing demand for rooms helped boost nightly rates.A new Smith Travel report showed the typical room in Broward County generated 9 percent more revenue per night than did it did in October 2011. For Miami-Dade, the gain in revenue-per-room (known as “revpar” in the lodging industry) was 8 percent. Improvements in two fronts...

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Women convicted of Medicare fraud at Fort Lauderdale therapy clinic

Two women who held senior positions with a Fort Lauderdale mental health clinic escaped convictions when a jury deadlocked on Medicare fraud charges against them.The second time around, Lydia Ward and Nichole Eckert were not as lucky.A Miami federal jury in Miami found them guilty last week of conspiring to defraud the taxpayer-funded Medicare program in the nation’s largest...

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HTC “happy” with Apple settlement, slams media estimates

TOKYO (Reuters) – Taiwan’s HTC Corp is happy with its patent settlement with Apple Inc, but regards media reports on details of the licensing agreement as “outrageous”, chief executive Peter Chou told reporters on Tuesday.HTC and Apple announced a global patent settlement and a 10-year licensing agreement this month after a bruising patent war between...

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Ryan Eggold: Next Taylor Swift Break-up Song?

Fresh off an appearance at Sunday night's American Music Awards, Ryan Eggold had one girl on his mind, Taylor Swift.Fierce & Fabulous: The 2012 AMA Red Carpet Fashion"I'm just hoping to meet Taylor Swift," he confessed of his crush at the Rolling Stone After Party in Hollywood. The 90210 actor would do just about anything to sweep her off her feet. The 11-time AMA winner is synonymous with penning...

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FBI: 4 Calif. men charged in alleged terror plot, planned to join al-Qaeda

LOS ANGELES — Four Southern California men have been charged with plotting to kill Americans and destroy U.S. targets overseas by joining al-Qaeda and the Taliban in Afghanistan, federal officials said Monday.The defendants, including a man who served in the U.S. Air Force, were arrested for plotting to bomb military bases and government facilities, and...

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South Florida guide to corporate gift giving

Holiday gifts to clients and colleagues can help you strengthen both business relationships and your brand. While flashing your logo at holiday time seemed insensitive back when droves of people didn’t have jobs, manufacturers — several based in South Florida — have responded with more creative ways to include branding on some very usable products that people can actually...

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Pembroke Pines hosts winter camp for special needs kids

The City of Pembroke Pines is accepting registration for its two-week Winter Camp for special needs children ages 6 through 14.Participants will engage in indoor and outdoor activities, games, arts and crafts, and other activities.Participants must be independent in toileting skills and be able to administer, with supervision, their own medications. The...

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Justin Bieber Wins Big at American Music Awardss

Justin Bieber gave an emotional thank you to his mom, Pattie Mallette, who stood on stage with the pop star as he accepted Artist of the Year, his third award of the evening, at the culmination of the 40th annual American Music Awards Sunday in Los Angeles. The Biebs, who brought his mother along as his date for the show, took home the first and the last award of the night, (Favorite Pop/Rock...

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President Obama discusses freedoms, offers 'hand of friendship' in Myanmar speech

APPresident Obama speaks in Myanmar Monday.President Obama spoke about freedoms and empowerment during a Monday speech in Myanmar, encouraging the country to continue its transition to democracy.“Hatred in the human heart can recede,” Obama said, suggesting that “the lines between races and tribes can fade away.”Obama offered a “hand of friendship” and...

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