… Entertainment Join Empire Racing Team; Agreement Helps…

The News Review:

- … Entertainment Join Empire Racing Team; Agreement Helps…
- New Paltz mayor touts his franchise-free plan
- Iran will not back down over atomic rights
- Higher sales lift Home Depot’s profit
- State home, condo sales slip in key quarter.
- Security concerns

… Entertainment Join Empire Racing Team; Agreement Helps…
Free with registration – Business Wire – AccessMyLibrary.com – Aug 16, 2006
Now, by having Churchill and Magna participate on a team led by New Yorkers for the benefit of New York horsemen, Empire Racing has unified the overall industry and will create a bright future for racing, particularly here in New York. ” Empire Racing CEO Jeff Perlee said the agreement provides additional key components for Empire’s bid for the New York thoroughbred racing franchise. “Our mission is to provide New Yorkers with racing that is both home grown and world class,” Perlee said. “The addition of these two great organizations to our team achieves that mission and prepares us.

New Paltz mayor touts his franchise-free plan
Kingston Daily Freeman – Aug 16, 2006
NEW PALTZ – There is no indication that new chain stores and franchise operations are preparing to crowd this college village, but Mayor Jason West is determined to encourage entrepreneurs to help enhance its character. West says home-grown restaurants like The Gilded Otter at the village’s western gateway on the Wallkill River do more to give visitors a favorable impression than does the McDonald’s restaurant just outside the village line at the eastern end of state Route 299.

Iran will not back down over atomic rights
Independent Online – Aug 16, 2006
His comments came days before an August 22 deadline Iran set itself to respond to a demand by six world powers that Tehran give up uranium enrichment in return for economic and other incentives. Iran has so far shown no signs it will accept. “Today, we are fully mastering the nuclear fuel cycle for our peaceful atomic activities. It is a native technology.

Higher sales lift Home Depot’s profit
International Herald Tribune – Aug 16, 2006
The company will invest $350 million this year to modernize stores and add employee hours to try to gain market share from rival Lowe's. Home Depot is also seeking to sell more supplies to professionals as it shields itself from the slowdown in consumer spending and the housing market. "I think people were expecting worse in terms of revenue and profit," said Bryan Keane, an analyst at U. Trust in New York, which owns about $230 million of Home Depot's shares. Investors "had already begun to take down expectations and started to consider much more negative numbers… Revenue was helped by a fourfold increase in sales from its Home Depot Supply division for professional builders, the company said. Nardelli said during a conference call with analysts that he was seeing mixed signals from the factors that drive home improvement spending. While more people in America own homes, and wages have grown and unemployment is low, fuel prices and interest rates have climbed, which puts "pressure on the consumer," he said. "We are planning conservatively overall, but not in the retail business," Nardelli said. "You will see more associates in the stores than in prior fall seasons.

State home, condo sales slip in key quarter.
Free with registration – Boston Globe – AccessMyLibrary.com – Aug 16, 2006
| Boston Globe (Boston, MA) (August, 2006). 16–Home sales across the state fell 11 percent in the second quarter as the real estate market slowed, with Cape Cod, central Massachusetts, and the Northeast and Sou.

Security concerns
Business Standard – Aug 16, 2006

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