What you need to know about Florida today
› Darden warns investors of weak sales, profit
Darden Restaurants warned investors Tuesday that disappointing response to promotions took a bite out of its sales for the second quarter. The company said it expects 25 to 26 cents earnings per share when it reports earnings later this month. Analysts had been expecting per-share earnings of 47 cents.
› CFO Jeff Atwater, Gov. Rick Scott settle 'Taj Mahal' art case
After two years, two lawsuits and seven appeals, Chief Financial Officer Jeff Atwater and Gov. Rick Scott on Tuesday agreed to pay Signature Art Gallery for framed photos ordered by judges at the 1st District Court of Appeal.
› Turning $5,000 into $1 billion with panties
From a woman who sold fax machines door-to-door to being named a billionaire, Sara Blakely's career trajectory has been anything but usual. No Ivy-League MBA in sight, Blakely has helmed Spanx, a company that produces slimming bodywear -- bras, panties and more -- to a presence in more than 50 countries and an estimated value of over $1 billion.
› AutoNation to buy six stores in Texas
AutoNation, already the largest vehicle retailer in the United States, is getting bigger. The Fort Lauderdale-based company said Tuesday it is buying six stores in Texas with about $575 million in sales per year. It called the purchase the largest acquisition of U.S. dealerships in a decade.
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