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...casino companies. During the boom years, Macau casinos minted profits at an astonishing rate, but over the past year, the recession has taken its toll on bottom lines. Melco Crown, for example, swung to a loss of $179 million in the first six months of 2009, compared with a gain of $37.5 million in the same period a year earlier. Wynn's Macau operations saw net profit sink 35% in the first half of 2009. CLSA's Fischer, however, believes the industry is set for a turnaround. Cost-cutting measures implemented during the recession, he says, will help the casinos...

Author: /time Magazine | Title: Macau: Is the Casino Boom Back? | 9/23/2009 | See Source »

...dozens of pop-star wannabes to root out the competitors' mushy stories of triumph over adversity that are a well-worn staple of the genre. Here was a tale guaranteed to attract eyeballs: a girl of mixed race, brought up by a single Chinese mother, struggling to gain acceptance in a deeply conservative, some would say racist, society...

Author: /time Magazine | Title: Can a Mixed-Race Contestant Become a Chinese Idol? | 9/23/2009 | See Source »

...Harvard Book Store, where customers can see the machine starting this Friday, Gain said regulars won’t have to worry about the new technology changing the store’s feel...

Author: By Tara W. Merrigan, CONTRIBUTING WRITER | Title: Store Launches On-Demand Books | 9/22/2009 | See Source »

...want to consolidate power, neutralize any opposition and remain in office beyond their elected terms," says Robert Rivard, editor of the San Antonio Express-News and chair of the IAPA committee on freedom of expression, which held an emergency forum in Caracas over the weekend. "They probably can't gain the kind of grip on their respective countries without passing laws to legitimize their moves and limit independent media...

Author: /time Magazine | Title: Chávez and the Latin Left: Muzzling the Media? | 9/22/2009 | See Source »

...most recent polls. Denied a majority with the FDP, Merkel could opt to retain the Grand Coalition or try to rope in an additional party. (Remember the "Jamaica" scenario?) Building a coalition - an elaborate dance of horse-trading and arm-twisting - could take several weeks. (Read "Small Parties Gain in German State Votes...

Author: /time Magazine | Title: Why Germany's Election Is a Colorful Cliffhanger | 9/22/2009 | See Source »

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