Quantcast
Home (page 473)

Author Archives: Rick Benedict

Industry dragged down by auto, home markets

Housing, credit, finances in worst shape since ’30s Jeannine Aversa AP Economics Writer Washington — Big industry production throttled back in January due partly to auto shutdowns, and housing construction tumbled to a record low in weaker-than-expected performances that show ...

Read More »

News Briefs

Ruud Lighting permanently lays off about 8 percent of work force Mount Pleasant (AP) — Ruud Lighting laid off about 50 of its nearly 600 workers. President and chief executive officer Alan Ruud said sales have dropped with the collapse ...

Read More »

Home construction hits 50-year low

Washington — Construction of new homes and applications for future projects both plunged to record lows in January as all parts of the country showed big declines in building activity. Analysts are hoping that a boost from government programs, including ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »