Word: costly
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Dates: during 2000-2009
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...Hotels are highly sensitive to economic conditions, labor, cost of living and consumer confidence. So, when times are at the lowest like this, it's probably not the best time to go to the market and expect to get a huge payoff," says Mark Lunt, a principal in Ernst & Young's hospitality advisory practice. "It would appear that this is early in the cycle to have a hotel...
Pity Mr. T. It would cost the former chain-studded, 1980s TV star $1,000,000 to get dressed today. Earlier this week, gold hit $1,009 an ounce, an 18-month high and only the third time it has made it into the quadruple digits. Adjusted for inflation, the price of gold is three times what it cost when Mr. T's B.A. Baracus and the A-Team were on the air. (See pictures of TIME's Wall Street covers...
...seems like there's another Wendell Potter out there and I'm somehow observing this," he says. "I was in Oregon [at a rally] and I heard someone whisper, 'There's Wendell Potter.' That was a very odd thing." Plus, his decision to go public has come at a cost - mostly in the form of friendships with former colleagues. "They're not people I go out and have a beer with these days, that's for sure. But I'm not saying I've lost them as friends forever," says Potter. On the other hand, he adds...
...Montana's Max Baucus, the top Democrat on the Senate Finance Committee, also began circulating a new compromise proposal on Sunday that would include a tax on high-cost, so-called Cadillac insurance plans to help subsidize low-income insurance coverage. Officials who have seen the Baucus plan are refreshingly optimistic, noting that the chairman has moved on some provisions that could make his proposal reconcilable with whatever passes the more liberal House. One key issue is how it deals with government aid to people who do not get health insurance through their employers; those not covered by an expanded...
...proposal for a public plan as a backstop; instead, it would create member-run co-ops as an alternative to private health insurance. His bill also would not mandate that employers provide health coverage to their workers, but would require them to reimburse the Federal Government for the cost of the subsidies it provides their employees to purchase health coverage on their own. One source said that Baucus intends to lay down an ultimatum on Tuesday to the Republicans with whom he has been negotiating for months: Put down a counteroffer, or he will move on without them...