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Toll Brothers 2Q homebuilding revenue fell by half

May 20, 2009 2:46 am | by ALEX VEIGA - AP Real Estate Writer - Associated Press | News | Comments

Toll Brothers Inc. said Wednesday more springtime homebuyers have come into its luxury home communities and left deposits on new orders — a sign that the battered housing market is improving.Low interest rates and falling home prices are acting as a counter balance to the weak economy and rising...

Malaysia may revive troubled Singapore bridge plan, AS

May 20, 2009 2:45 am | by VIJAY JOSHI - Associated Press Writer - Associated Press | News | Comments

PUTRAJAYA, Malaysia (AP) — Malaysia may revive a proposal to build a new bridge to neighboring Singapore, officials said Wednesday — a contentious project that was once an irritant in bilateral ties.Prime Minister Najib Razak may raise the issue when he meets his Singaporean counterpart, Lee Hsien...

'Dancing' finalists look forward to post-show life, US

May 20, 2009 2:40 am | by SANDY COHEN - AP Entertainment Writer - Associated Press | News | Comments

LOS ANGELES (AP) — Now that the "Dancing With the Stars" mirror-ball trophy has been awarded, the show's three finalists are looking to the future.Olympic gymnast Shawn Johnson, the show's youngest competitor ever at 17, was named the new "Dancing" champ Tuesday, beating out fellow finalists Gilles...

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Court denies request to stop outflow from NJ lake, 1st Ld-Writethru, NJ

May 20, 2009 2:40 am | by The Associated Press | News | Comments

MORRISTOWN, N.J. (AP) — An appeals court judge has denied a request by Lake Hopatcong-area restaurant and marina owners to halt water outflow from the northwest New Jersey lake.Appellate Judge Stephen Skillman issued his one-page order on Wednesday.The state Environmental Protection Department...

Legislative floor actions, OH

May 20, 2009 2:40 am | by The Associated Press | News | Comments

COLUMBUS, Ohio (AP) — Legislative floor actions in the House of Representatives and Senate from Thursday, May 28.HOUSECOMMITTEE HEARINGSConsumer Affairs & Economic ProtectionHB 173 TANNING SERVICES (Fende, Combs) — Regarding the regulation of chemical tanning applications and the use of tanning...

Ohio GOP leader against re-branding Democrats, OH

May 20, 2009 2:35 am | by The Associated Press | News | Comments

COLUMBUS, Ohio (AP) — Ohio Republican Chairman Kevin DeWine opposes a move by some in the national party to rename the Democrats the "Democrat Socialist Party."DeWine calls the proposal "noise" and says it's not helpful or productive. He plans to say no in a vote expected to come Wednesday during a...

Sussex Co. officials present $128M draft budget, DE

May 20, 2009 2:35 am | by The Associated Press | News | Comments

GEORGETOWN, Del. (AP) — Sussex County's proposed $128 million budget is nearly 10 percent lower than last year's budget.The 2010 budget draft presented to the county council Tuesday is meant to keep the county fiscally solvent as the it copes with the struggling economy.Officials say the proposed...

3RD LD: Court orders ex-U.S. serviceman to pay damages over robbery-murder+

May 20, 2009 2:35 am | by The Associated Press | News | Comments

YOKOHAMA, May 20 (Kyodo) — (EDS: UPDATING WITH JUDGE'S COMMENTS AT 5TH GRAF, PLAINTIFF'S COMMENTS AT 10TH GRAF, OTHER INFO)A Japanese court ordered a former U.S. serviceman to pay 65 million yen (about $680,000) in compensation to relatives of a woman he killed and robbed in January 2006 in...

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Regions Financial plans to raise $1.25B in capital, AL

May 20, 2009 2:34 am | by The Associated Press | News | Comments

BIRMINGHAM, Ala. (AP) — Regional bank Regions Financial Corp. said Wednesday that it plans to raise $1.25 billion in capital to help meet a $2.5 billion government requirement to buffer itself against future losses.The capital will be raised through public offerings of $1 billion common shares and...

Report: Almost 25 pct of Iraqis live in poverty, ML

May 20, 2009 2:34 am | by The Associated Press | News | Comments

BAGHDAD (AP) — A study prepared by an Iraqi government agency says 23 percent of the population is living below the poverty line.The Central Statistics Authority study offers another window into the challenges confronting Iraq, as the country sitting atop the world's third largest crude oil...

Warren mayor expands 'Buy American' efforts, MI

May 20, 2009 2:34 am | by The Associated Press | News | Comments

WARREN, Mich. (AP) — A suburban Detroit mayor whose city is home to two General Motors Corp. facilities and two Chrysler LLC plants is expanding his efforts to get people to buy from the Detroit Three.Warren Mayor Jim Fouts tells the Detroit Free Press and The Detroit News that he wants municipal...

Porsche, VW heads to meet, 2nd Ld-Writethru, EU

May 20, 2009 2:29 am | by OLIVER SCHMALE - Associated Press Writer - Associated Press | News | Comments

STUTTGART, Germany (AP) — Top managers at Porsche SE and Volkswagen AG will meet for talks on a joint future for the automakers a day after their companies put aside a weekend spat, Porsche said Wednesday.Porsche spokesman Albrecht Bamler said the top managers would decide on a course of action so...

Markets: Experts Predict That In 2009-2010 the Rates of the Russian Drill Pumps Market Growth Will Be At the Level of Year 2008 Business Editors

May 20, 2009 2:29 am | by The Associated Press | News | Comments

DUBLIN-- (BUSINESS WIRE) — May 20, 2009--Research and Markets(http://www.researchandmarkets.com/research/17a2d1/review of_the_russ) has announced the addition of the "Review of the Russian Drill Pumps Market" report to their offering.B2B Research Company has conducted a market research and a review...

2ND LD: Aso concerned as Japan economy suffers serious recession+

May 20, 2009 2:28 am | by The Associated Press | News | Comments

TOKYO, May 20 (Kyodo) — (EDS: INCORPORATING STORY HEADLINED "LEAD: JAPANESE ECONOMY'S WORST PERIOD PROBABLY OVER: YOSANO")Prime Minister Taro Aso expressed concern Wednesday that the Japanese economy has been in a "severe" condition as it suffered the worst contraction since the end of World War II...

US dollar lower in European trading, EU

May 20, 2009 2:23 am | by The Associated Press | News | Comments

LONDON (AP) — The U.S. dollar was lower against other major currencies in European trading Wednesday morning. Gold rose.The euro traded at $1.3639, up from $1.3534 late Tuesday in New York.Other dollar rates:—95.83 Japanese yen, down from 96.42—1.1084 Swiss francs, down from 1.1162—1.1535 Canadian...

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