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...East Access. Continental is launching daily direct service between Newark Liberty Airport and Shanghai on March 25. To celebrate, the airline is offering a special $777 round-trip fare to Shanghai from Newark. From cities such asa Houston, Miami and Cleveland, the fare is just $888 round-trip to Shanghai on flights that connect through Newark. Tickets must be purchased by Feb. 28 for outbound travel from March 25 to April 30; all travel must be completed by June...

Author: /time Magazine | Title: Fashion Week's Couture Tea Cakes and Other Travel News | 2/9/2009 | See Source »

Place Your Bet. At long last, direct rail access to Atlantic City from New York. The Atlantic City Express Service (or, ACES) takes just under three hours and runs Friday through Sunday from Penn Station in Midtown Manhattan. With leather seats and kiosks selling food and drinks, it promises to be more comfortable than the bus. There's also a lounge car, complete with a stereo and DVD system, at back of the train, which can be rented for a group. Introductory ticket prices are $50 one-way for coach; $75 for first class...

Author: /time Magazine | Title: Fashion Week's Couture Tea Cakes and Other Travel News | 2/9/2009 | See Source »

...being discussed to do that is for the government to share in the losses if a servicer modifies a mortgage and the homeowner again defaults. Another approach is to directly help pay for the cost of the modification. The servicer might cut monthly payments to 38% of a borrower's income with the government chipping in to reduce the payment down to 31%, a presumably more sustainable level. Either tactic could be combined with a direct payment - $1,000 is a figure often mentioned - to incentivize servicers to do the heavy lifting of figuring out how much a homeowner...

Author: /time Magazine | Title: Will Loan Modifications Lift the Housing Market? | 2/6/2009 | See Source »

...economic pressures increase, the potential for conflict clearly grows also. "Traditionally ... migrants don't compete for [the] same jobs as native populations," says Pandya. "But the moment [those native-born] people think they have to find any job, they will be in direct competition with migrants. That's where friction arises...

Author: /time Magazine | Title: As the Global Economy Sinks, Tensions Over Immigration Rise | 2/6/2009 | See Source »

...grantmaking foundation focused on issues of security and peace, points out that Khan's release comes just days after the U.S. imposed sanctions against Khan, 12 of his associates and three firms tied to his network. "Was this a reaction to our move? If so, it is a direct challenge to our efforts to stop the network," he says...

Author: /time Magazine | Title: The U.S. Sees Dangers in Khan's Release | 2/6/2009 | See Source »

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