Word: costs
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...Naturally, executives for Xanadu, which has been beset by prior delays and cost overruns, offer a different spin. "It's not like people aren't looking to recreate," says Larry Siegel, president of Xanadu. "They are. But people may not be able to rent that house on the beach or pay a few hundred bucks for a three-day pass at Disney. But they can come here and spend $100. If people spend the time here, they're going to spend the money." (See what businesses are doing well despite the recession...
...Francisco Chronicle. Parent company Hearst has already set a deadline for shuttering the paper if it cannot make tremendous cost cuts. The Chronicle lost as much as $70 million last year. Even if the company could lower its costs, the Northern California economy is in bad shape. The online version of the paper could be the only version by the middle...
...College Fellows Program—which will recruit at least 20 recent Ph.D.s for one-year teaching appointments as part of the Faculty of Arts and Sciences’ cost-cutting efforts—is drawing mixed reactions from members of the Faculty. Although the possibility of the program has been floated for some time, FAS began to seriously consider implementing it around November, when it became clear that the financial crisis was going to hit the University hard, said Dean of the Faculty Michael D. Smith. Since Smith has slashed the number of visiting professorships for next year...
...heavy snow recently blanketed parts of the Alaska, burying the trail in deep drifts and forcing mushers to break out their snowshoes. And just as it has in the Lower 48 states, the economy has cast a pall over the Land of the Midnight Sun. Due to higher operating costs, entrance fees have spiked 33% to $4,000 despite a shrinking prize pool; between food, supplies and preparation, the cost of running the race can reach $30,000. Meanwhile, mushers have griped about the salaries doled out to event executives, which dwarf their own comparatively meager paychecks...
Supporting programs like these should be a no-brainer; they have a much better chance of keeping people out of prison for good, and they do so for a lot less money than prison would cost the state. That's the idea behind the New York Justice Corps pilot program, in which $4.8 million is being spent in the South Bronx and the Bedford-Stuyvesant neighborhood of Brooklyn to fund 275 young offenders (18-to-24-year-olds) working to restore community centers and weatherize homes over two years. "We are making an investment in the community but also helping...