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• U.S. home, apartment construction hits 17-year low
  August 19, 2008
  
  Home and apartment construction nationwide fell in July to its lowest level in more than 17 years.
  
  
• Survey: discounts are the top incentive to go green
  August 19, 2008
  
  Consumers are more interested in saving money directly than investing in green offerings and future savings, according to a survey by EcoAlign.
  
  
• Carlyle Group chairman to step down
  August 19, 2008
  
  Private equity giant The Carlyle Group announced Tuesday that Louis Gerstner will retire as chairman and become senior adviser to the firm’s Asia, Europe, Japan and U.S. buyout funds.
  
  
• AirTran hiking fees for second and oversized bags
  August 19, 2008
  
  AirTran Airways is boosting fees for second checked bags and oversized and overweight luggage. (AAI) (DAL)
  
  
• Higher airfares expected to slow Labor Day weekend travel
  August 19, 2008
  
  The Air Transport Association of America is projecting that Labor Day travel will drop by 5.7 percent this year. The group estimates that 16 million paying passengers will fly globally on U.S. airlines between Aug. 27 and Sept. 3.
  
  
• Element hotel to open in Herndon
  August 19, 2008
  
  Three companies are partnering to open the area’s third planned Element hotel in Herndon. (HOT)
  
  
• General Dynamics buys Jet Aviation for $2.25B
  August 19, 2008
  
  General Dynamics Corp. is expanding its corporate aviation business by agreeing to buy Switzerland-based Jet Aviation from Permira Funds for approximately $2.25 billion. (GD)
  
  
• SAIC wins $410M Army job
  August 19, 2008
  
  Science Applications International Corp. has won a contract to provide information technology support to the entity that manages and directs the Army’s personnel systems and human resources.
  
  
• ATS appoints Jack Tomarchio to board of directors
  August 19, 2008
  
  ATS Corp. has appointed Jack Tomarchio, a former Department of Homeland Security senior official, to its board of directors.