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This precarious moment - early on a Tuesday afternoon - I could not be more unconcerned that my room reservation has been screwed up. In this city hurt hardest by recession, partly because it built too many hotel rooms, I smile at the man behind the desk, sure that I am about to be upgraded to a presidential suite. Then I'm told there are no more rooms of any kind available at The Hotel. When I go to meet a friend by the pool at the Mandalay Bay, it's too crowded to find chairs. All the price-cutting has succeeded...

Author: /time Magazine | Title: Less Vegas: The Casino Town Bets on a Comeback | 8/14/2009 | See Source »

Leaving the condo with the sale apparently finished, Boemio drives into a huge subdivision in western Las Vegas, one of the hardest-hit areas. The houses look nice enough, but every third one has a for-sale sign, and there are almost no cars in any of the driveways. She picks a house at random, and we go to the back. She figures the odds are high that a squatter has left a door or window open. Indeed, the bathroom window has already been pried open, and the screen is bent, so I bend it a little more and squeeze...

Author: /time Magazine | Title: Less Vegas: The Casino Town Bets on a Comeback | 8/14/2009 | See Source »

...picture, since he is just the sort of scientist who might be appointed to one of those panels. For decades, Emanuel has studied the ethics of medical care, especially in situations where a scarcity of resources requires hard decisions to be made. His work sometimes deals with the hardest possible decisions, like how to choose who gets a single kidney if there are three patients in need, or the reasons that doctors order tests with little medical value. Emanuel's reputation ranks him among the top members of his field. He is published often in the best journals...

Author: /time Magazine | Title: Ezekiel Emanuel, Obama's 'Deadly Doctor,' Strikes Back | 8/12/2009 | See Source »

...Hardest hit by the economic downturn has been national carrier Air India: It reported annual losses of $1 billion in the fiscal year ending March 31, along with an accumulated debt of $3.5 billion; that debt load is expected to rise to $7 billion by 2012 if it takes delivery of 111 new aircraft already on order. Air India alone accounts for 10% of the total projected losses for the global airline industry this year - even though it carries just 0.35% of global traffic. Air India is suffering from an aging fleet and a bloated staff roster...

Author: /time Magazine | Title: India's Airline Industry Goes From Boom to Bust | 8/12/2009 | See Source »

...leader you become is up to you, based on the choices you make.” He characterized a leader as someone willing to understand and care for those led, but more importantly, as someone who has “moral courage.” “The hardest thing you may ever be called upon to do,” he said, “is stand alone among your peers and superior officers. To stick your neck out after discussion becomes consensus, and consensus ossifies into groupthink.” And while Harvard’s commencement...

Author: By Jeffrey J. Phaneuf | Title: We Who Never Set a Squadron in the Field | 8/11/2009 | See Source »

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