Afghanistan: Where tourists go to relax?BAMIYAN, Afghanistan — There’s a new building in town, and it isn’t a military barracks or a hospital. It’s a Tourist Information Center. Iconic skyscrapers losing their luster have found the fountain of youth in green technologyNEW YORK — When owners of the Empire State Building decided to blanket its towering facade this year with thousands of insulating windows, they were only partly interested in saving energy. They also needed tenants. Spanish claims for unemployment benefits fall for 2nd straight month, down by 55,000 in JuneMADRID — The number of people filing claims for unemployment benefits in Spain has fallen for the second straight month, dropping by 55,250 in June, the government reported Thursday. Reports show Manhattan apartment prices tumble by double digits in the 2nd quarterNEW YORK — Apartment prices in the typically resilient Manhattan market plunged in the second quarter by the largest annual amount in decades, data released Thursday showed. Appraisal groups want HUD to rescind rules they claim lead to under-qualified appraisersWASHINGTON — A letter Wednesday to the Housing and Urban Development Department asks the agency to rescind rules regarding real estate appraisals claiming they lead to the use of under-qualified appraisers. Federal prosecutors in file criminal fraud conspiracy charges against Beazer HomesATLANTA — Federal prosecutors in North Carolina have filed criminal fraud conspiracy charges against Beazer Homes USA. SEC charges former Beazer Homes chief accounting officer with fraudATLANTA — The Securities and Exchange Commission charges the former chief accounting officer at Beazer Homes USA with committing fraud and misleading company auditors. AP sources: Puerto Rican advocacy group sends documents to Senate panel evaluating SotomayorWASHINGTON — A Puerto Rican legal advocacy group late Tuesday sent a trove of documents from Supreme Court nominee Sonia Sotomayor’s past to the Senate panel considering her nomination. Puerto Rican legal advocacy group to send documents to Senate panel evaluating SotomayorWASHINGTON — A Puerto Rican civil rights leader said Tuesday he was ready to start sending a trove of documents from Supreme Court nominee Sonia Sotomayor’s past to the Senate panel considering her nomination. White firefighters prevail in Supreme Court reverse discrimination ruling on race, promotionsWASHINGTON — The Supreme Court declared Monday that white firefighters in Connecticut were unfairly denied promotion because of their race, ruling against minorities in a major reverse discrimination case that could affect bosses and workers nationwide. The justices threw out a decision that high court nominee Sonia Sotomayor had endorsed as an appeals court judge. Advocacy groups want current, former CIA lawyers disbarred for their role in interrogationWASHINGTON — A coalition of advocacy groups is asking the District of Columbia and New York bar associations to disbar three government attorneys for approving and enabling the CIA’s harsh interrogation program. Accounting board, with history of pressure from Congress, lobbying for independenceWASHINGTON — The rule-setting board for corporate accounting has a rocky history of bumping up against lawmakers often acting at the behest of powerful business interests. It has been criticized by some as spineless in the face of pressure from Congress. Paychex shares fall 6 percent after disappointing 4QDES MOINES, Iowa — Shares of Paychex Inc. fell 6 percent Thursday after fourth-quarter profit and revenue results missed analyst expectations. Meltdown 101: With housing values still tumbling, what’s the best way to gauge prices?WASHINGTON — Is the historic U.S. housing market crash close to being over, or is the end still far, far away? Home sales stabilizing, but rising mortgage rates, job losses likely to slow housing recoveryWASHINGTON — Nationwide home sales may have finally hit bottom, new data shows, but a host of thorny problems are hindering any recovery. Stocks fluctuate as investors await statement from Federal Reserve; Existing home sales riseNEW YORK — A rise in existing home sales has done little to revive stocks ahead of the Federal Reserve’s decision on interest rates. Grant Thornton names Stephen Chipman new CEO; taking over from Edward Nusbaum on Jan. 1NEW YORK — Accounting firm Grant Thornton LLP said Tuesday it has named Stephen Chipman its new CEO. Stock market up after existing home sales increase; investors await Fed meetingNEW YORK — A rise in existing home sales is doing little to stoke the stock market. Existing home sales rose 2.4 percent in May; prices plunge 16.8 percentWASHINGTON — Sales of previously occupied homes rose modestly from April to May, the third monthly increase this year, but signs of a housing recovery are fragile at best. Stock market opens narrowly mixed after Monday’s rout as investors await home sales dataNEW YORK — Investors are proceeding cautiously after Monday’s big selloff. Scaled-back Nets arena, Brooklyn development in new deal for government landNEW YORK — The owner of the New Jersey Nets will get a 22-year delay on paying the full $100 million for the right to build a new arena in Brooklyn under a deal made public Monday. Real estate services firm Jones Lang LaSalle amends credit, loan termsCHICAGO — Real estate services firm Jones Lang LaSalle Inc. said Monday it completed amendments to its credit and term-loan agreements, which will provide improved operating and financial flexibility. Germany’s Hypo Real Estate says it expects ’significant’ burdens on earnings in 2nd quarterBERLIN — Hypo Real Estate Holding AG, the troubled lender in which the German government has taken a majority stake, said Monday that risk provisions will again lead to a “significant” burden on earnings in the second quarter. Report: Ex-Scientology executives say physical abuse was common among managementCLEARWATER, Fla. — The leader of the Church of Scientology struck his subordinates numerous times and set an example for physical violence among the tightly controlled religion’s management team, four former high-ranking executives told a newspaper for a story published Sunday. US officials worried by signs that terrorist groups are recruiting Web-savvy cyberexpertsWASHINGTON — Terrorist groups that have long used the Internet to spread propaganda are increasingly tapping the Web to teach Islamic extremists how to be hackers, recruit techies for cyberwarfare and raise money through online fraud, U.S. officials say. Government financial regulation shows historical swings between tightening and easingWASHINGTON — The pendulum of government regulation is swinging in a new direction. Government audit: FEMA must do better job tracking disaster contractsWASHINGTON — The Federal Emergency Management Agency failed to follow some federal contracting rules, making it impossible to know whether the agency got its money’s worth during disasters, a government audit found. Private donors will cover most of Los Angeles’ public costs for Lakers’ victory paradeEL SEGUNDO, Calif. — Los Angeles Mayor Antonio Villaraigosa on Tuesday defended the decision to stage a victory parade for the NBA champion Lakers, saying it’s important to celebrate even at a time of high unemployment and home foreclosures. Maguire Properties sells office tower in Irvine to Emmes Group of Cos. for $160MLOS ANGELES — Facing mounting debt payments and lagging demand for office space, Maguire Properties Inc. has sold a 19-story office high rise in Southern California to another real estate investment firm for $160 million — a discount of roughly 35 percent. RealtyTrac: May foreclosures down 6 percent from April; smallest annual gain since mid-2006WASHINGTON — The number of U.S. households on the verge of losing their homes dipped in May from April, and the annual increase was the smallest in three years. |
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