Word: alongism
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...mostly a fog of water vapor.) But over the past few years, they've proved that unconventional ideas can have solid, satisfying consequences. In 2006 they completed their first building, the ingenious Institute of Contemporary Art in Boston. Later this year, their highly original High Line Park will open along an abandoned elevated-railway line in lower Manhattan, a park that's a path...
...complicated as Mindflex. But it does have Star Wars branding, which possesses a magical retail power all its own. The toy features 15 levels of training: increasingly difficult challenges involving how high to raise the ball and how long to hold it steady before changing its height. Along the way, Yoda and Obi-Wan Kenobi offer words of encouragement as hopefuls try to attain Jedi Master status. May your limited discretionary-spending power be with...
...Capital cushion: Thanks to the Troubled Asset Relief Program (TARP), Citigroup now has $151 billion in equity, up from $113 billion a year ago. Alas, it will have a $76 billion hit from bad loans. Along with a projected bottom-line loss of $3.5 billion, that drops the bank's capital to $70.5 billion...
...sure, Shangri-La is dealing with setbacks due to the credit crunch. In the Chinese gambling enclave of Macau, Shangri-La was scheduled to open two hotels along the city's nascent Cotai Strip this year, but casino operator Las Vegas Sands failed to raise the necessary funds and the entire project is on hold. In the U.S., a 223-room hotel in Chicago, due to open in 2011 in Waterview Tower, is also stalled due to the developer's financing difficulties...
...former lunch pals know that there is an upside in getting along. Murdoch, whose net worth Forbes tallies at $8.3 billion, has only to gain by patching up his relationship with the sitting Prime Minister of the country that is host to his fourth largest holding. Berlusconi, who comes in at $9.4 billion on the Forbes list, owns Endemol, producers of global variety and reality television programs, which sometimes run on Murdoch networks. (Read a TIME cover story on Reality...