New-Home Sales Fell 5% in (Stock Trading) Jan.

New-Home Sales Fell 5% in Jan.
Home builders across the country have been advertising thousands of dollars in incentives to would-be buyers this winter, but it looks like shoppers have not been swayed.

Sandra Fleishman

Andrew Young to Head Pro-Wal-Mart Group
– Former United Nations ambassador and Atlanta mayor Andrew Young will be the public spokesman for a group organized with backing from Wal-Mart Stores Inc. that defends the world's largest retailer against mounting attacks from its critics.
MARCUS KABEL

J. Craig Venter's Next Little Thing:
J. Craig Venter, maverick biologist, wants to cure our addiction to oil. To do so, he proposes creating a designer microbe — the heart of a biological engine — from scratch, then adding genes culled from the sea to turn crops such as switch grass and cornstalks into ethanol.
Michael S. Rosenwald

OSHA Sets Limit on Workplace Chromium
Capping more than a decade of legal wrangling, the government announced yesterday new and controversial limits on workplace exposures to airborne particles of hexavalent chromium, a cancer-causing metal.
Rick Weiss

In Fire's Wake, Logging Study Inflames Debate
MEDFORD, Ore. — If fire ravages a national forest, as happened here in southwest Oregon when the Biscuit fire torched a half-million acres four years ago, the Bush administration believes loggers should move in quickly, cut marketable trees that remain and replant a healthy forest.
Blaine Harden

Ideas for Six Flags: Thrills, Chills and Corporate Shills
On his first tour of Six Flags theme park in Largo last week, new Six Flags Inc. chief executive Mark Shapiro said he would boost attendance (and revenue) by adding a daily parade and new cartoon characters strolling the park. He also plans to court corporate sponsorship of park attractions….
Post

Home Improvement Boosts the Markets
The Standard & Poor's 500 stock average climbed to its highest point in almost five years today as investors cheered the performance of the Lowe's home improvement chain and shrugged off other, more negative, news about housing.
Jerry Knight

3 Firms Will Compete to Build New Border Network
Northrop Grumman Corp., Lockheed Martin Corp. and Raytheon Co. are putting together rival teams to compete for the Homeland Security Department's new contract to set up an integrated network of sensors and cameras along the U.S. northern and southern borders.
Alice Lipowicz

A Reversal of the Tide in India
MADRAS, India — In 1997, Dutt Kalluri left India to work for a Canadian software company, hoping the overseas experience would do his r sum good. A year later, he was promoted to head U.S. operations from Rockville. But as he returned to India for business and to visit his elderly mother, he…
S. Mitra Kalita

Red Cross Spent $500,000 in 3 Years To Boost Its Profile
The American Red Cross paid consultants more than $500,000 in the past three years to pitch its name in Hollywood, recruit stars for its "Celebrity Cabinet" and brand its chief executive as the face of the Red Cross — just a year before ousting her, according to documents obtained by The Washington…
Jacqueline L. Salmon and Gilbert M. Gaul

Port Deal To Have Broader Review
The Bush administration said yesterday that it has accepted a proposal from a Dubai maritime company to conduct a 45-day review of the national security implications of the company's plans to take control of significant operations at six U.S. ports.

Jonathan Weisman

1 p.m. ET: India's Changes
The Post's S. Mitra Kalita — who spent eight weeks reporting and blogging in India in October and November — will answer reader questions about the country's evolving economy.
S. Mitra Kalita

In Japan, Food as the Ultimate Show
TOKYO — On a quest for the "ultimate ingredients," a team of food explorers from a hit television show here scaled mountains seeking the perfect mushroom and braved stormy seas off Alaska to catch extra-plump salmon. On a rival network, celebrities on "Love's Apron" amuse audiences by bungling…
Anthony Faiola

Builders Offer to Fill Void On Roads
For more than 10 years, frustrated commuters have waited for Virginia to fix the notoriously clogged interchange of Interstate 66 and Route 29 in Prince William County.

Alec MacGillis

National Grid to Buy KeySpan for $7.3B
NEW YORK — British utility National Grid PLC has agreed to buy New York-based electricity and natural-gas distributor KeySpan Corp. for $7.3 billion in a deal that would create the third-largest energy delivery utility in the United States.
ADAM GOLDMAN

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