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Forbes - 2 hours 41 minutes ago
From Housing Wire Analysts with KBW met with land developers, homebuilders and banks in Phoenix and found a generally optimistic tone with 2012 permits expected to grow by more than 50% while resale inventory levels have declined to less than a two-month supply. "The Phoenix market is strong, and numerous people said that home sales ...
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Reuters via Yahoo! News - Sun May 27, 10:30 pm ET
HONG KONG (Reuters) - Thomas and Raymond Kwok, joint chairmen of Sun Hung Kai Properties , Asia's biggest developer, appeared briefly on Monday at Hong Kong's anti-corruption agency to renew their bail as part of a graft investigation that has gripped the former British colony and sapped shareholder confidence in the conglomerate. Rafael Hui, a former head of Hong Kong's civil service, also ...
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Reuters via Yahoo! News - Sun May 27, 8:55 pm ET
HONG KONG (Reuters) - Raymond Kwok, co-chairman of Hong Kong developer Sun Hung Kai Properties , returned to the city's anti-corruption agency on Monday, Hong Kong cable television reported, as an investigation into Asia's largest developer continues. Five of those connected to Sun Hung Kai arrested in the investigation were expected to appear, according to sources involved in the case. The ...
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Forbes - Sun May 27, 7:49 pm ET
If you're like me, you've had enough of the IPO story. For tech entrepreneurs struggling to build stuff, the cacophony of recent press is just more noise. That's why when my friend Andrew Chen posted an insightful analysis of Facebook user data, I was happy to get back to learning from what the company did ...
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Washington Post - Sun May 27, 7:32 pm ET
Four farm animals — a goat, a kid, a calf and a chicken — were slashed by an unknown assailant late Saturday or early Sunday at the Kidwell Barn, a popular family attraction at Frying Pan Farm Park in Fairfax County. Read full article >>
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New York Times - Sun May 27, 7:31 pm ET
This week’s reports include the Standard & Poor’s/Case-Shiller home price index for March and personal income and spending for April.
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New York Times - Sun May 27, 7:23 pm ET
New York may not be overtaking the Bay Area as a technology hub, but it is becoming enough of an alternative that a few West Coast-born startups are moving east.
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International Herald Tribune - Sun May 27, 6:38 pm ET
A federal judge ordered that a mobile home park in Thermal, Calif., be shut down, but there is now no money to build its replacement.
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New York Times - Sun May 27, 6:30 pm ET
The following tax-exempt fixed-income issues are scheduled for pricing this week.
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CNN - Sun May 27, 5:48 pm ET
Moments after the explosion, as he lay in a canal in rural Afghanistan, Cpl. Todd Nicely screamed twice at the top of his lungs. He was hurt so badly, his right leg blown away, his left one barely hanging on, but then he thought of two things.
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Washington Post - Sun May 27, 5:17 pm ET
After nearly two weeks of heated debate over whether President Obama should attack Republican Mitt Romney ’s tenure at a private-equity firm, Democratic leaders across the country say they are largely united behind the strategy, even as some concede an uncertain outcome and new polls show Obama has lost ground nationally. Read full article >>
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Reuters via Yahoo! News - Sun May 27, 4:40 pm ET
HONG KONG (Reuters) - More than $7 billion has been wiped off the market value of Sun Hung Kai Properties since the billionaire Kwok brothers who run the Asia's biggest developer were arrested in a corruption investigation in late-March, sapping shareholder confidence in the Hong Kong conglomerate. Five Sun Hung Kai-connected men arrested in the investigation are expected to appear at Hong Kong ...
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New York Times - Sun May 27, 4:29 pm ET
Iran’s nuclear chief backed away from an earlier offer that suggested it might be ready to cease 20 percent enrichment and said Iran would start building two new nuclear power plants.
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Associated Press via Yahoo! News - Sun May 27, 4:03 pm ET
A Texas man who died from gunshot wounds after holding hostages at a northwestern Indiana realty office had been reeling from a financial betrayal by a man who worked in that office, his fiancee said.
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Bloomberg - 9 minutes ago
U.K. house prices rose for a third month in May on gains in London, according to Hometrack Ltd., which said the euro-area debt crisis will weigh on the market and limit price growth this year.
