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Author Archives: Rick Benedict

Pinnacle delays casino construction

Louisiana projects in need of financing Alan Sayre AP Business Writer Baton Rouge, LA — In the face of the national credit meltdown, Louisiana gambling regulators have approved 90-day delays in the schedules for new casinos in Baton Rouge and ...

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Homebuilders feel confidence boost

Alex Veiga AP Real Estate Writer Los Angeles (AP) — An increase in the number of prospective homebuyers walking through model homes raised homebuilders’ confidence level this month, but the industry remains pessimistic that new home sales will improve over ...

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Town sees potential of timber as fuel

Stimulus could sprout renewable energy Beth LaMontagne Hall AP Writer Berlin, NH — The decades-long decline of the local paper industry finally did in Berlin’s smoke-belching pulp mill in 2006. Today, the thousands of acres of surrounding forest have some ...

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Doyle commits to state road projects

Bill directs $300 million in stimulus money to transportation Paul Snyder paul.snyder@dailyreporter.com Wisconsin plans to immediately commit $300 million in federal stimulus spending to state road projects as soon as the federal cash arrives. Joined by state Senate and Assembly ...

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Toll Brothers home building earnings decline

Horsham, PA (AP) — Toll Brothers Inc. said Wednesday its preliminary revenue slipped 51 percent in the first quarter, failing to meet Wall Street expectations as the housing market downturn continued to weigh on the luxury homebuilder’s results. For the ...

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Large pickups fare poorly in crash tests

Side impacts put passengers at risk Ken Thomas AP Writer Washington (AP) — Three large pickup trucks that serve as workhorses for construction crews, farmers and small business owners are not providing good protection in side crashes, according to tests ...

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Intel plans $7 billion in factory upgrades

Some construction, tech jobs will be created Jordan Robertson AP Technology Writer San Francisco — Intel Corp. plans to spend $7 billion upgrading its U.S. factories over the next two years, a sign the recession hasn’t extinguished chip makers’ lust ...

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