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...boost would be short-lived. "To make a city prosperous, it's about brainpower, not block parties," says Tom Tresser, an organizer for the opposition group No Games Chicago. Though Mayor Richard Daley has promised that local taxpayers wouldn't pay a dime of the Games' estimated $4.8 billion cost, he's also signed an agreement with the IOC that puts the city on the hook for any excessive cost overruns - an Olympic tradition as common as crying. London, the 2012 host, is already on pace to spend more than $13 billion, nearly triple its original budget...

Author: /time Magazine | Title: Chicago's Olympic Dreams | 10/5/2009 | See Source »

There's a cost for tweeters too. Stuffing your Twitter feed with advertisements is a good way to lose followers--and even real friends. "I do understand the arguments against Sponsored Tweets," says Dance, the Tennessee blogger, who plans to take fuller advantage of the service (she won't disclose her price). "But ... there's nothing subversive about it. It's just a little payback for the four years of my life I've invested in my blog...

Author: /time Magazine | Title: Brought to You by Twitter | 10/5/2009 | See Source »

...farmers to rise above subsistence is really more than $2. Farmer advocates are urging the FLO to consider raising the price that much. But because such a big jump would probably mean Fair Trade could help fewer farmers - even Starbucks is likely to buy less java at that cost - the FLO is balking. "What good is it to have $2-per-lb. coffee if you can only serve tens of thousands of farmers" instead of millions? asks Paul Rice, president and CEO of TransFair USA, the California-based nonprofit that oversees Fair Trade in the U.S. "You risk killing...

Author: /time Magazine | Title: Fair Trade: What Price for Good Coffee? | 10/5/2009 | See Source »

...Finance Committee chairman Max Baucus, but it remains to be seen how many will make it in. While the Montana lawmaker has said he doesn't expect to materially alter the bill's structure, he plans to use the markup period to address concerns from fellow Democrats over its cost. Baucus not only must keep the 13 Democrats on the 23-member committee on board but also hopes to woo Senator Olympia Snowe, the sole Republican member expected to vote for the package...

Author: /time Magazine | Title: The World | 10/5/2009 | See Source »

...math, HCL lets us know that this transfers to a click through rate of 0.10 percent. The library views the ad as a success, citing 0.04 percent as the click-through rate "that is typically considered successful in direct mail and online" and calling it "'a highly efficient and cost-effective way of communicating with our students,'” in the words of Michael Hemment, Head of Research and Learning Technology...

Author: By Lauren D. Kiel | Title: LOL @ HCL | 10/5/2009 | See Source »

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