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...Despite its size, Montenegro has extraordinary scenery and numerous alternatives for adventurers should the snow fail - from white-water rafting to snowmobiling and mountain-biking. Alternatively you could head to the gorgeous coast to enjoy fabulous resorts like the Avala in Budva, where you can eat fresh branzino fish under swaying palm trees a mere two hours' drive from the mountains. Who needs Colorado...

Author: /time Magazine | Title: Montenegro: Europe's New Ski Destination | 10/1/2009 | See Source »

...rearranging the deck chairs on hospitality's Titanic. "They're too big a ship to steer a new course," he says dismissively. Less dramatically, the analysts think the Holiday Inn model, with a full restaurant dishing up three meals a day, is spent. Why would you want to eat at a Holiday Inn when you can hit a nearby Chili...

Author: /time Magazine | Title: Dreaming of a Rebound | 10/1/2009 | See Source »

...years, 7-Eleven Hong Kong has shown deference to Hong Kong's love of food by offering ready-to-eat local fare like pork buns, shao mai and fish balls. (The more familiar roller-grill hot dogs and Slurpees are also available at some of the stores.) In fact, Casey Lum, who researches extensively on Hong Kong food culture and is the director of graduate studies in communication at William Paterson University, says part of the company's success in Hong Kong is due to the fact that it has become a "glocal" chain - a global brand adapted to local...

Author: /time Magazine | Title: Can 7-Eleven Win Over Hong Kong Foodies? | 10/1/2009 | See Source »

...when it comes to a full meal, wooing customers away from their favorite haunts could be a challenge. Many of the street vendors, as well as the cha chaan teng and noodle shops, have deep roots in the community, and customers go to them intentionally to eat. Corporate global chains may be fine for a snack but "are not perceived to be authentic" when it comes to a meal, says Stephen Wong, program director of HKU/SPACE and a former food columnist for the Chinese-language newspaper Ming Pao. "People know they're from the States. People expect an authentic American...

Author: /time Magazine | Title: Can 7-Eleven Win Over Hong Kong Foodies? | 10/1/2009 | See Source »

...thanks to an accounting quirk that allows companies to spend money on something but not actually tell their shareholders about the cost until the asset is gone. For you and me, it would be like shoplifting at the supermarket and then dropping off cash every time you decided to eat something. A can of beans might not cost you anything for years. The rule is supposed to match the revenue generated by the stuff a company buys with its costs, and it is called depreciation. But to anyone other than a CPA, it looks like a sleight of hand...

Author: /time Magazine | Title: Can an Accounting Trick Rescue the FDIC? | 9/30/2009 | See Source »

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