Hialeah's Trojan horse for slots races through Legislature Gambling interests hyped last month's vote to permit slot machines at Broward and Miami-Dade parimutuel sites by arguing that without slots, the area's racetracks, dog tracks and jai-alai frontons would
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Around the Nation Wal-Mart Stores will start holding its suppliers more accountable for environmental and social standards at foreign factories as public expectations in the United States rise, Chief Executive Lee Scott said
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There are 18 sides to cedar home on Spencer Hill in Corning. Sharyl Patton's cedar home on Spencer Hill in Corning looks round, but actually it has 18 sides, set at 20-degree angles.read more...
Homeowners Trash Their Homes Before Handing Over the Keys Borrowers who have lost their houses to foreclosure are stripping out appliances, punching holes in walls and dumping paint on carpets before turning their properties over to bankers and mortgage
“I couldn’t disagree more. We’ve got to get prices down to where true users can afford them.”
The future of historic home builder Levitt and Sons is in doubt as the crumbling housing market drains the company of cash.
Fort Lauderdale-based Levitt Corp. , the company’s parent, said Friday it plans to take pretax charges of $160 to $170 million as a result of losses on Levitt and Sons’ home-building inventory. The charges will be reflected in Levitt Corp.’s third-quarter results and are in addition to charges and write-offs of $99 million in prior periods.
Levitt and Sons is trying to restructure its outstanding debt, but no long-term agreement has been reached. Without a pact, ‘Levitt and Sons’ viability is uncertain,’ the parent company said in a statement. Read more
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