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News Briefs

U.K. builder Persimmon loses millions in 2008 as recession wears on London (AP) — British homebuilder Persimmon PLC on Tuesday reported a loss of $833 million in 2008 and a sharp drop in revenue as the nation’s housing market suffered ...

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Here is the church, but where is the steeple?

Melissa Rigney Baxter Special to The Daily Reporter There was a time when the dominant design elements of a church building were the steeple and stained glass. Nowadays, more congregations are looking to nontraditional designs and solutions when selecting a ...

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Construction activity drops more than expected

Martin Crutsinger AP Economics Writer Washington — Construction spending plunged more than twice as much as expected in January, led by the largest drop in nonresidential activity in 15 years. The Commerce Department reported Monday that overall construction spending dropped ...

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