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BEYOND TAMPA BAY

U.K. POLITICIANS are fuming about a bonus of nearly $1.5 million given to the chief executive of Royal Bank of Scotland, which cost the U.K. government $70 billion to bail out and nationalize three years ago. Stephen Hester, the current CEO, was brought in to rebuild the bank and, for his work, the board of directors has decided to award him 3.6 million shares. But at a time when the government is hitting Britons with painful spending cuts and tax hikes, the question of bonuses in nationalized companies like RBS has become sensitive.

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STRONG SALES AND PROFITS in the U.S. bolstered Ford in the fourth quarter, but the European debt crisis and flooding in Thailand hurt results elsewhere. Ford reported $13.62 billion in net income, but most of that came from an accounting change. Excluding the change, earnings totaled $1.1 billion, missing Wall Street expectations. Ford lost money in Europe and Asia in the fourth quarter, and profit fell in South America. But its North American operating profit rose 33 percent to $889 million.

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HONDA has begun handing over the keys to its all-electric Fit EV. The first of the 2013 model cars have been delivered to Google, Stanford University and the city of Torrance, Calif., in advance of the public introduction this summer. The first three cars will be part of a demonstration program to provide advanced research and driving feedback that Honda can use in the development of future electric cars and powertrains. Availability will expand to some East Coast markets in spring 2013. The car is offered with only a three-year lease at a cost estimated at $399 a month.

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PEPSICO is announcing two weeks before it reports its quarterly results that three more of its brands have surpassed $1 billion in annual revenue. The nation's largest food and beverage maker said that Diet Mountain Dew, Brisk and Starbucks ready-to-drink beverages each hit this key measure. PepsiCo sells Brisk and Starbucks through partnerships, respectively, with Unilever and Starbucks Corp. PepsiCo now has 22 billion-dollar brands, double the number it had in 2000.

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"We are going to put to use our bitter experience with the 3DS."

SATORU IWATA, Nintendo's president, saying he is determined to get right the launch of the company's next game machine, Wii U, set for this year's holiday shopping season, while acknowledging some mistakes with selling its 3DS handheld

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$5.1B

FOURTH-QUARTER net income for Chevron, the second-largest U.S. energy company, down from $5.3 billion a year earlier and its biggest decline in quarterly earnings in two years

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THE BOTTOM LINE: FDIC shutters First Guaranty Bank and Trust of Jacksonville, with its assets and deposits to be assumed by CenterState Bank of Florida in Winter Haven ...Quarterly profit for Procter & Gamble, maker of Tide laundry detergent, Crest toothpaste and Pampers diapers, fell 49 percent to $1.69 billion

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