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...starts serving pricey, five-course meals, its fans will take a hike. That's the central notion of this illuminating book. Maney, a veteran business journalist, calls this dichotomy the "fidelity swap." He argues that there is an inevitable tension between fidelity (quality and snob appeal) and convenience (low cost and ease). The secret of success is deciding which type of product you are selling and staying true to that goal...

Author: /time Magazine | Title: Business Books | 10/19/2009 | See Source »

...community, and public affairs, said that volunteer groups from the University’s schools will be solicited by liaisons working for the President’s public service committee, as well as by contacts at the Phillips Brooks House Association and the Graduate Student Council. She said the cost of the commitment was “minimal”—roughly $7,000 for this academic year—and will stem from transportation to the Food Bank and lunches for volunteers...

Author: By Barbara B. Depena and Peter F. Zhu, CRIMSON STAFF WRITERS | Title: Harvard To Support Area Food Bank | 10/19/2009 | See Source »

Harvard’s decision to use derivative investments to lock in low interest rates on the school’s mounting debt cost the University $500 million this past year and will cost it at least $425 million more over the next few decades, according to the University’s annual financial report released Friday...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: University Pays $500 Million To Cut Losses | 10/19/2009 | See Source »

...precipitous drop in interest rates and liquidity considerations made it important for us to scale back the swaps substantially,” said University Treasurer James F. Rothenberg ’68 in a interview posted by Harvard. “That has come at a real cost, but at least we are now in a better risk position going forward...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: University Pays $500 Million To Cut Losses | 10/19/2009 | See Source »

Every director of the top three pictures scored personal bests. Wild Things made 44% more in a weekend than what either of Jonze's previous two features, Being John Malkovich and Adaptation, earned in their entire runs. (Mind you, Wild Things cost a lot more: at least $80 million.) Law Abiding Citizen had the highest per-screen average of any film directed by F. Gary Gray. Oren Peli is a first-time auteur, but since he made Paranormal Activity in 2006 for a laughably low $11,000, he could boast that his movie made back more than twice its budget...

Author: /time Magazine | Title: Box-Office Weekend: A Winner with Wild Things | 10/18/2009 | See Source »

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