| Housing slump hits Hovnanian hard
The Hovnanians have been building homes in New Jersey for almost a half-century, but the measure of their success was never more indelibly stamped than in a 1992 mishap, when the family's 123-foot yacht sank off Cape May. Outfitted with teak paneling, gold-plated fixtures and other luxuries, the $10 million sport-fishing boat seemed more worthy of an oil sheik than crafters of humble condos. .
Horse racing: Method in the madness for backing 28-1 Don't Be Daft
The Thyestes is usually run in testing conditions, so it is no surprise light weights have dominated. The highest winning weight in the last six years has been 10st5lb, so backers should really be looking towards those nestling in the bottom half of the handicap. Newbay Prop, who has 10st8lb, is the general 4-1 favourite after landing Leopardstown's Paddy Power Chase for big handicap specialist Tony Martin. But at 28-1 with Hill's the only runner that gets in on bottom weight of 10st looks interesting. It is inviting comment to put up one with the name of Don't Be Daft (2.45), but there is method in the madness. Trained by John Joseph Murphy, whose former champion two-mile chaser Newmill takes on Kicking King earlier on the card, this eight-year-old won two hunter-chases last season, including over the Gowran three miles in heavy ground.
Barack Obama says victory in South Carolina proves he has diverse ...
With wins in heavily white Iowa and in South Carolina, where about half of Saturday's voters were black, Obama said he has proven he can win in any region. He said he wants to disprove "the assumption that young people are apathetic" and "the assumption that African-Americans can't support the white candidate; whites can't support the African-American candidate; blacks and Latinos can't come together." Even as he spoke, Obama got a boost from Caroline Kennedy, daughter of the late President John F. Kennedy. "Over the years, I've been deeply moved by the people who've told me they wished they could feel inspired and hopeful about America the way people did when my father was president," she wrote in the Sunday's edition of The New York Times. "That is why I am supporting a presidential candidate in the Democratic primaries, Barack Obama." After his speech, Obama flew to Macon, Ga., where he planned to attend a church service Sunday before campaigning in Birmingham, Ala.
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