Latest St. Petersburg News

Russian court freezes assets of 2 German banks in gas project dispute

May. 19, 2024 20:29 PM EDT

VIENNA (AP) — A court in the Russian city of St. Petersburg has ordered the seizing of assets of Germany’s Deutsche Bank and Commerzbank in the country, the Russia state news agency Tass says. The order is in response to a lawsuit over the planned construction of a liquefied natural gas...

Explosion of WWII-era shell injures 7 at Russian military academy

May. 17, 2024 15:32 PM EDT

MOSCOW (AP) — Seven Russian servicemen were injured when a World War II-era shell exploded in the basement of a military academy in St. Petersburg on Friday, Russian military officials said. The condition of the injured in the blast at the Budyonny Military Academy of...

A bus plunges off a bridge in the Russian city of St. Petersburg, killing 7 people

May. 10, 2024 14:34 PM EDT

ST. PETERSBURG, Russia (AP) — A bus veered off a bridge and plunged into a river on Friday in St. Petersburg, Russia’s second-largest city, killing seven people, officials said. The Investigative Committee, Russia’s top criminal investigations body, reported the death toll. It...

American Coastal: Q1 Earnings Snapshot

May. 09, 2024 17:26 PM EDT

SAINT PETERSBURG, Fla. (AP) — SAINT PETERSBURG, Fla. (AP) — American Coastal Insurance Corporation (ACIC) on Thursday reported first-quarter earnings of $23.6 million. The Saint Petersburg, Florida-based company said it had net income of 48 cents per share. Earnings, adjusted for...

Future of MLB's Tampa Bay Rays to come into focus with key meetings on $1.3B stadium project

May. 08, 2024 00:23 AM EDT

ST. PETERSBURG, Fla. (AP) — The future of the Tampa Bay Rays is about to come into clearer focus as local officials begin public discussions over a planned $1.3 billion ballpark that would be the anchor of a much larger project to transform downtown St. Petersburg with affordable housing, a Black...

Team Penske suspends senior leadership. What to know about the scandal that has rocked IndyCar

May. 07, 2024 18:56 PM EDT

Roger Penske took a tough stance this week by suspending two senior leaders and two engineers ahead of the Indianapolis 500 as punishment for a cheating scandal that has engulfed his IndyCar team. The issue centers on Indianapolis 500 winner Josef Newgarden's illegal use of his...

Superior Group: Q1 Earnings Snapshot

May. 07, 2024 17:42 PM EDT

ST. PETERSBURG, Fla. (AP) — ST. PETERSBURG, Fla. (AP) — Superior Group of Companies, Inc. (SGC) on Tuesday reported first-quarter profit of $3.9 million. The St. Petersburg, Florida-based company said it had net income of 24 cents per share. The results beat Wall...

Team Penske's Power, McLaughlin lock up front row at IndyCar after controversial week

Apr. 27, 2024 18:19 PM EDT

BIRMINGHAM, Ala. (AP) — Getting back in the race car was “the best medicine in the world” for Josef Newgarden. That's also Scott McLaughlin's “favorite place in the world.” Team Penske, Newgarden, McLaughlin and Will Power get to end a controversy-filled week tucked into...

Newgarden's next challenge is to repair his reputation around IndyCar after disqualification

Apr. 26, 2024 17:41 PM EDT

BIRMINGHAM, Ala. (AP) — It may take Josef Newgarden some time to regain the trust of his fellow IndyCar drivers and he knows it. Two days after Newgarden's season-opening win at St. Petersburg, Florida, was wiped off the board for manipulating the push-to-pass system on his car,...

Will Power denies participating in Penske cheating scandal. Silence from Josef Newgarden

Apr. 25, 2024 12:59 PM EDT

Will Power said Thursday he was unaware of any manipulations to Team Penske’s push-to-power system until after last weekend’s IndyCar race at Long Beach and never illegally used the mechanism. Team Penske is under heavy scrutiny following the March 10 season-opening race at St....