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...also a complete about-face for the hotels sector which was enjoying positive forecasts until just months back. In the last few years, while the economy was projected to grow at 8% to 9%, top names in hospitality like Four Seasons and Aman were making forays into India to fill the huge supply gap in the top-end executive and leisure travel segments. Five-star room rates in key cities had grown by 40% year-on-year in 2007, and a report by Jones Lang LaSalle Hotels, the hotel investment and advisory service provider, had predicted India would need...

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

President-elect Barack Obama selected Chicago Public Schools CEO and Harvard Overseer Arne S. Duncan ’86 last month to fill the post of Secretary of Education, touting Duncan’s hands-on experience with public education at a joint press conference at Chicago’s Dodge Renaissance School, one of the institutions that Duncan targeted for reform since becoming head of the country’s third-largest public school system...

Author: By Vidya B. Viswanathan, CRIMSON STAFF WRITER | Title: Obama Picks Harvard Grad for Education Secretary | 12/19/2008 | See Source »

...first steps toward removing embattled governor Rod Blagojevich from office, voting 113-0 to create a bipartisan committee to look into whether he should be impeached. Blagojevich has no plans to resign, and the inquiry could take weeks. In the same session, lawmakers also decided against allowing voters to fill President-elect Barack Obama's vacant Senate seat through a special election, leaving the appointment to the governor's discretion. Among other misdeeds, Blagojevich is accused of soliciting bribes or political favors in exchange for the Senate...

Author: /time Magazine | Title: The World | 12/17/2008 | See Source »

...scandal, there are growing calls to let the people of Illinois decide whom to send to Washington, no matter who is in the governor's mansion. State Republican Party leaders are launching a TV campaign to make the case that a special election should be called to fill the vacancy, and Blagojevich, clearly in a bargaining mood, has indicated that he might be willing to sign such a bill. "Blagojevich Democrats like Pat Quinn did nothing to stand up to Governor Blagojevich and his ethical lapses," Joe Birkett, the DuPage County state's attorney, told the Chicago Tribune...

Author: /time Magazine | Title: Pat Quinn: The Man Who Would Replace Blagojevich | 12/16/2008 | See Source »

History of Art and Architecture 17y: “American Encounters: Art, Contact, and Conflict, 1550-1850” and Historical Study A-34: “Medicine and Society in America” will help fill the still-sparse category, the United States in the World...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Ten New Gen Ed Courses Approved; Committee To Convene on Biweekly | 12/15/2008 | See Source »

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