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SAN FRANCISCO, Oct 8- When Hewlett-Packard Co was removed from the Dow Jones Industrial Average a month ago, Chief Executive Officer Meg Whitman sent an impassioned email to the company's 300,000- plus employees. Two years into what she has always described as a five-year effort, HP's sales and profits are still sliding and Wall Street is losing patience.
DUBAI, Oct 7- Family-owned Dubai conglomerate Al Habtoor Group said on Monday that it was launching a $3 billion real estate development in the emirate that would include 3,000 hotel and residential units as well as a water-themed theatre. Developers in Dubai are back to announcing mega-projects as the emirate recovers from its 2009-2010 debt crisis.
LOS ANGELES, Oct 2- When Britney Spears takes the stage this December for the first of a heavily hyped 100- show two-year residency at Planet Hollywood in Las Vegas, the loudest cheers may come from her insurance underwriters.
*Republic shares up 5 percent. Oct 1- Airline pioneer William Franke is looking to bring more low airfares to U.S. air travelers, with his firm agreeing to purchase Frontier Airlines from Republic Airways Holdings. The list of low-cost carriers Franke has ran or invested in also includes Volaris of Mexico, Wizz Air in Hungary and Tiger Airways in Asia.
*S&P/Case Shiller home price index up 0.6 pct y/y in July. NEW YORK, Sept 24- U.S. home prices slowed their rate of gains in July and a dip in consumer confidence this month underscored the potential for higher borrowing costs and a sluggish economy to dent a housing market recovery.
NEW YORK, Sept 24- U.S. home prices gained in July even as a dip in consumer confidence this month underscored the potential for higher interest rates and a sluggish economy to dent a housing market recovery. Year-over-year, home prices in all 20 cities have gained, with Las Vegas surging 27.5 percent.
NEW YORK, Sept 24- U.S. single-family home prices rose in July albeit at a slightly slower pace, though their gain from a year ago was the strongest in more than seven years, a closely watched survey showed on Tuesday. Compared to a year earlier, prices were up 12.4 percent, matching economists' expectations and marking the strongest rise since February 2006.
SINGAPORE, Sept 24- Casino operators and regulators around Asia are watching Singapore's two multi-billion-dollar gaming resorts as they focus on tourists and trade shows to boost revenue in response to restrictions on gambling and a sluggish broader market.
Sept 23- Citigroup Inc said it is eliminating about 1,000 jobs in its U.S. home mortgage business, making it the latest bank to lay off staff as higher interest rates cut into demand for new loans and refinancing. Banks including Wells Fargo& Co, JPMorgan Chase& Co and Bank of America have announced thousands of layoffs in their home lending units in recent weeks.
NEW YORK, Sept 23- Oaktree Capital Group is leading an effort to put up for sale roughly 500 fully-leased homes, an indication some early investors are looking to cash-out on the recovery in U.S. housing prices, according to sources familiar with the market.
Sept 20- Allegiant Travel Co, a low-cost carrier that provides service to leisure destinations, is grounding as many as 30 of its planes, or roughly half of its fleet, to inspect emergency exit slides to comply with safety guidelines.
Sept 20- Allegiant Travel Co, a low-cost carrier that provides service to leisure destinations, is grounding as many as 30 of its aircraft, or roughly half of its fleet, to inspect emergency evacuation slides in response to an FAA request for information.
PARIS, Sept 20- LVMH is in talks to buy a stake in British fashion brand J.W. Anderson, a source close to the matter said on Friday after the No.1 luxury goods group revealed it was investing in another budding UK label, shoe designer Nicholas Kirkwood.
Kirkwood, 33, whose stilettos and other sculptural designs have been worn by celebrities such as Sex and the City actress Sarah Jessica Parker and British model and TV presenter Alexa Chung, studied fine art at Central Saint Martins college in London.
SYDNEY/ HONG KONG, Sept 16- Asia's new mega-casinos are driving sales and innovation in advanced surveillance technology, from chips with built-in radio transmitters to high-definition, multi-lens, digital cameras that can scan huge gaming floors and catch the deftest sleight of hand.
Cynthia Jezzard, realtor for Century 21 Martinez and Associates, breaks down the Las Vegas real estate market, which is up 30 percent over the year.
SINGAPORE/ BANGKOK, Sept 10- Faced with rising living costs and unable to wait until pay day, growing numbers of Southeast Asians are putting their gold jewellery and designer watches in hock, creating a boom in pawnshops across Singapore, Malaysia, Thailand and Vietnam.
Along with college, the cost of housing is rising fast. Home prices are up over 12 percent from a year ago, and even rising mortgage rates do not appear to be slowing the gains.
WASHINGTON, Sept 6- Wall Street's billion-dollar bargain hunt for homes in depressed markets across the United States appears to have plateaued, potentially helping to cool the steep run-up in home prices and bring first-time buyers back into the market.
Finished lot prices are up an average of 40% nationwide, and in the hottest markets they've nearly doubled. USA Today reports.