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California Company Building Flying Car

A firm manufacturing aircraft that takes off and lands vertically, is building a car that can fly.

Moller International's flying car called Autovolantor will be a Ferrari 599 GTB outfitted with retractable wings, eight fan thrusters and a booster.

Chinese Construction Workers Hold Israeli Contractors Hostage Over Back Wages

Hundreds of Chinese laborers are holding 12 Israeli staff members hostage on a resort construction site in Turks and Caicos.

The workers refuse to let the Israelis, from the Ashtroom real estate company, leave the project site in West Caicos until the Chinese manpower agency that hired them pays their back wages and returns the $15,000 each person invested to be able to work on the island.

Economic Meltdown Makes Many Americans Lose Taste For Gambling

The long-held belief that gambling will thrive during a period of economic difficulty as people see it as their only way out is being put to a test in Las Vegas and other U.S. cities where games of chance proliferate.

As credit tightens and Americans lose their homes and jobs, gambling their last dollar away has become less of an option for many. This has led to casinos' revenues dipping for the eighth consecutive month in August. The peak was a 16 percent income reduction in May, which has slowed down to 7.4 percent in August.

Saudi Tower To Surpass World's Tallest Building In Dubai

Saudi Arabia's King Abdullah and billionaire prince Alwaleed Bin Talal have launched an ambitious project to build a tower higher than the world's tallest building to be constructed in the United Arab Emirates.

The more than one kilometer high Kingdom Tower will be the key landmark in the Kingdom City to be built by Talal's Kingdom Holding Company in Jeddah. The height will exceed the planned 3,281-feet Nakheel Tower and the 2,684-foot Burj Dubai under construction in Dubai.

Pyramid Twice Taller The Empire State Building To Rise In Eastern Germany As Global Mausoleum

Egypt's famed pyramids will have a European version soon in Germany's Saxony-Anhalt region as the country plans to build the large pyramid to serve as a global mausoleum.

The planned structure will be located at vast fields in eastern Germany, particularly in the city of Dessau. It will have a height twice the Empire State Building in New York, where each stone will have an urn. Reservations could be made online. If reservations lag the pyramid's height could be reduced.