Word: downtowner
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Gaming revenue in Clark County, which includes downtown Las Vegas and the Strip, is down 8.5% for the year, to $8.3 billion. But the revenue for October, the last month for which figures are available, is off an ominous 24.3% vs. the same month in 2007. Visitor volume is down 3% over last year, though the city's convention business is holding steady. (Read TIME's Top 10 business deals of the year...
...local standard in the prosperous northeastern coastal city of Tianjin, Gong Haitao, 31, seems to have it all. A production supervisor at a major glass manufacturer, Gong enjoys a steady income, has a decent apartment and a car and is happily married. But during a recent drive from downtown Tianjin to his suburban home, Gong couldn't stop complaining about life, albeit in a rustic, good-humored way. "If it wasn't for the bad economy, I would have bought a second car and a nicer apartment by now," he says while driving past a grand mixture of construction sites...
Nevertheless, the Gongs' living standards don't exactly fit into the Chinese definition of frugality. They live in a cozy two-bedroom apartment in downtown Dagang and drive to work every day in a Kia Cerato that, according to Gong, about 70% of the locals still deem a luxury. But they are not carrying a mortgage, which could have easily added another 2,000 yuan (almost $300) to their monthly expenditures. Gong's parents chipped in with their savings to help the young couple purchase the apartment...
...barely cut a nickel from your utility bill. It all comes down to the precise amount of sunlight that hits your roof. But while we all know that San Antonio gets more sunny days than Seattle, what about one part of San Antonio compared to another? One block of downtown Seattle compared to the next block? "Without that knowledge, renewables can be a bit of a crap shoot,' says Kenneth Westrick, the CEO of the renewable mapping company 3Tier. (See TIME's Top Ten Green Ideas...
...mark for him. His hot hand did not see many minutes in the second half due to foul trouble—he ended up fouling out with four minutes left in the game—but the Crimson shot well enough without him. The team shot 78-percent from downtown in the second half, a key factor behind the surge that almost saw a Harvard victory. The Crimson’s foul trouble led to more than just Boehm sitting out much of the second half. The Owls were granted six free throws in the last 30 seconds...