AP – TOUGH JOB: Ben Bernanke is struggling to build consensus among Federal Reserve officials about what steps are needed — if any — to give the economy a boost.
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Summary Box: Bernanke seeks to build consensus
(AP)
Reuters – U.S. luxury homebuilder Toll Brothers Inc bested Wall Street expectations and reported its first profit in three years on Wednesday, helped by tax benefits and lower writedowns on land values.
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Toll Brothers reports profit on tax gains
(Reuters)
Reuters – Amid the United States housing market’s faltering recovery, investors are bracing for more bad news from Toll Brothers Inc and for housing in general when the biggest luxury builder reports quarterly earnings on Wednesday.
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More pain ahead for Toll Bros and other homebuilders
(Reuters)
AP – Indiana’s advocate for utility ratepayers said Monday he is “deeply concerned” about the mounting cost of a coal-gasification plant Duke Energy Corp. is building and urged state regulators to protect Duke’s customers from the cost overruns.
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Ind. counselor `deeply concerned’ about Duke plant
(AP)
AP – Indiana’s advocate for utility ratepayers said Monday he is “deeply concerned” about the mounting cost of a coal-gasification plant Duke Energy Corp. is building and urged state regulators to protect Duke’s customers from the cost overruns.
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Ind. counselor `deeply concerned’ about Duke plant
(AP)
Reuters – No. 1 U.S. homebuilder PulteGroup Inc swung to a profit in the second quarter, helped by tax benefits and lower land-related charges, as the nation’s housing market pulls out of a prolonged slump.
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PulteGroup reports profit for second quarter
(Reuters)
Reuters – No. 1 U.S. homebuilder PulteGroup Inc swung to a profit in the second quarter, helped by tax benefits and lower land-related charges, as the nation’s housing market pulls out of a prolonged slump.
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PulteGroup reports profit for second quarter
(Reuters)
Building a house on a lot the size of a parking space? In Japan’s crowded cities, where land is scarce, architects are turning necessity into virtue by building stunning and stylized homes on remarkably narrow parcels of land.
AP – Corning Inc. says it will invest $800 million to build a factory to make liquid crystal display glass in Beijing.
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Corning to invest $800M on LCD plant in China
(AP)
The new international terminal that will soon open at New Delhi airport is more than just a spectacular building. Its proponents say it marks a coming of age for the aviation business in South Asia.
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