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...trampled to death by bargain hunters. But by mid-morning on 34th Street, many stores were half empty and some sales staff said they had noticed that shoppers were holding back this year. (Looking for the perfect Black Friday purchase? See TIME's list of the 10 best gift ideas...
...that Freddy y Joel's is thriving, I'm going to step back and let Freddy start baking at 5 a.m. and close his shop at 9 p.m., while I get involved with other loans in my portfolio. I'm also going to give kiva.org gift certificates to all my consultant and business-school friends, so they too can annoy hardworking people around the globe. By the end of next year, I predict the developing world will not only be economically thriving and significantly more diabetic but also regret ever getting involved with microloans...
...slated to near completion in July 2011. It is unclear whether this date will be postponed as the University assesses current spending. The science complex will house the Medical School’s Systems Biology Department—an institute for bioengineering primarily funded by a $125 million gift from Harvard Business School graduate Hansjörg Wyss—the Harvard Stem Cell Institute, and the Stem Cell Regenerative Biology Department, a joint venture between the Medical School and the Faculty of Arts and Sciences. “Although we view this campus as an important investment...
David Rockefeller International Experience Grants will now be available to fund student travel overseas for the summer of 2009, the University announced yesterday. The grants were established by a gift from David Rockefeller ’36, who will donate money annually to enable undergraduates to take part in a “significant international experience,” according to the University’s Vice Provost for International Affairs Jorge I. Dominguez. In April, Rockefeller donated a separate $100 million to the University that will be used to bolster study abroad programs and arts education. The amount awarded...
...careful whose gift cards you buy this season. As retailers struggle with recession, debt-laden consumers, unfriendly bankers and declining property values, fewer of them will be around next year. "By the end of 2009, the number of retail players will be down by at least 25% and could be down by as much as 40%," says Britt Beemer, chairman of America's Research Group, a consumer-research and marketing firm based in Charleston, S.C. "I expect the number of bankruptcies next year to be more than we've seen in the last five years combined...