Word: bites
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...recession continues to bite, sex workers from Bangkok to Berlin share Goy's frustration. "People just don't spend that freely anymore," says Anke Christiansen, co-founder of Hamburg's Geizhaus ("Das Original Discount Bordell") where visitor numbers have dropped by as much as 20% since the crisis began. "Customers who used to come to us three times a week now limit themselves to once a week." That newfound restraint has already forced some brothels to shut their doors. In the Czech Republic, where 14% of men admit to having slept with a prostitute, up to half...
...Dakota? Sure, the state's got three times as many cattle as people, and a typical day in January is a balmy 20°F. But the folks who live here, unlike those in many other parts of the country, have jobs. And not only haven't they felt the bite of the housing-market collapse, but their houses have actually inched up in value. The recession, by and large, never made it to places like Bismarck (pop. 60,000). While the local economy is hardly bulletproof, for every bit of bad news - the Bobcat plant's summer shutdowns, say - there...
...what's wrong with cheap, in a nutshell? Well, in a nutshell, it comes back to bite us in the ass. It's short-term gratification and long-term pain. Now, I'm a rabid bargain hunter. Ask my kids. When I come back from the store and I have four boxes of cereal, they know that cereal is on sale. I'm what behavioral psychologists call "deal prone." And yet I noticed this wasn't really saving me any money - in fact, it was costing me money. I went and looked at the data and found that since...
...right direction. President Obama has pledged to pass massive overhauls of both sectors this year, but if Congress lacks the stomach for comprehensive reforms - and these days it's looking like Kate Moss in the stomach department - a more modest effort to realign perverse incentives could take a serious bite out of both crises. (See pictures of Cleveland's smart approach to health care...
...Another Bite at the Apple Rubinstein is a 30-year technology veteran who has worked at Hewlett-Packard and a variety of start-ups, including the legendary and doomed NeXT Computer, where he was wooed by Jobs. He arrived at Apple in 1997, about the time Jobs returned from exile and, as one of Jobs' trusted lieutenants, ran the hardware side of the company. The candy-colored gumdrop iMac he built helped haul Apple back from the brink. When Jobs decided that Apple should make a digital-music player, it was Rubinstein who discovered a tiny hard drive at Toshiba...