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...million to billionaire casino operator Phil Ruffin. The cash infusion should help the corporation finish construction on its $9.1 billion CityCenter, the largest private construction job in the U.S. Yet even in the best-case scenario, Vegas - and the rest of the country - won't begin to drive out of the ditch until the end of next year, as consumer spending improves, new hiring resumes and the city's battered construction industry gets back on its feet. The worst case? The recession deepens, and the ditch turns into a cliff. (Read an analysis of Vegas' bad bets...

Author: /time Magazine | Title: The Good Times Stop Rolling: Vegas Meets the Recession | 12/29/2008 | See Source »

...Ford in 1921, citing efforts around the country to silence Christmas carolers and suppress demonstrations of religion in schools. By the 1950s, blame had shifted to the Communists. "One of the techniques now being applied by the Reds to weaken the pillar of religion in our country is the drive to take Christ out of Christmas," screamed a 1959 pamphlet (the overpunctuated title: "There Goes Christmas?!") issued by the newly-formed John Birch Society. The society also assailed United Nations "fanatics" who were trying to "poison the 1959 Christmas season with their high-pressure propaganda...

Author: /time Magazine | Title: The War on Christmas | 12/24/2008 | See Source »

...they stay home the next day. Or they drive to Grandma's, or go to the movies. But however they spend Christmas Day - "the feast of Christmas" on the Christian liturgical calendar - one way most Americans don't celebrate it is by going to church. While demand for Christmas Eve celebrations is so high that some churches hold as many as five or six different services on the 24th of December, most Protestant churches are closed on the actual religious holiday. For most Christians, Christmas is a day for family, not faith. (See the top 10 religion stories...

Author: /time Magazine | Title: Going to Church on Christmas: A Vanishing Tradition | 12/24/2008 | See Source »

...sometime after 7 a.m. when Obama heads to the Semper Fit Ultimate Health and Fitness Club located at Marine Corps Base Hawaii, in nearby Kaneohe. Alan Shinn, who lives a block away from the security checkpoint leading to the Obama compound on Kailuana Place, says all day long cars drive down to the checkpoint and are turned away, usually with a passenger holding a camera inside. "Everybody is excited about him being that close," says Shinn, "There are a lot of people walking by, people we've never seen in the neighborhood before. My wife called to say he came...

Author: /time Magazine | Title: Obama Tries to Escape in Hawaii | 12/24/2008 | See Source »

...personal handbags. It feels more like an airport than a hotel famed for hospitality. "I'm not coming back here in a hurry," declares Diya Singh, a fashion designer who has come to meet friends at Rick's, the hotel's famous bar. "It took me 20 minutes to drive here, and 45 minutes to clear the security checks!" (Click here for photos of the siege of Mumbai...

Author: /time Magazine | Title: After Mumbai, India's Hotels Brace for a Sharp Downturn | 12/20/2008 | See Source »

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