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...just 174 theaters for a wowie-zowie $35,000 per screen. That's how Paranormal Activity started out. Fervently promoted by Tyler Perry (who brought the movie to his distributor, Lionsgate) and Oprah Winfrey, with a plug from George H.W. Bush, Precious has a chance to be a crossover hit, appealing to African-American audiences, the art-house crowd and Oscar voters...
...residents like Lu Bo, shopping one recent evening for a new fridge at a Suning appliance store. The 32-year-old, who works as an salesman in the air-freight department at China Eastern Airlines, says his salary was reduced by a third last year when his company was hit hard by the financial crisis, but that hasn't stopped him from spending. With China's future so bright, he doesn't worry too much about saving for the future. "Judging from my job, my life, I think everything will become better and better," Lu says. And maybe...
...collapse of three Icelandic banks in October 2008 meant cranes across the country came to a halt. A broken economy has led to rock-bottom rents. And while the new lows may have hit local landlords hard, it enabled a kind of tenant once prohibited from the high-traffic destination to move in - emerging fashion designers. "Creativity doesn't stop when the money goes," says Runar Omarsson, co-owner of Nikita, a street-wear line that caters mainly to skate- and snowboarders. "It is important to look at what we have and make something out of it. There are valuable...
...Laura E. D’Asaro ’13 crawled the fastest mile ever to be crawled. Beginning on a track in high school, with bubble wrap and duct tape protecting her limbs, D'Asaro began her climb to glory-on-all-fours. Hit the link for a video and an inside look at how she made it happen...
...Basically, it’s been really hard this year because designers have been really hit by the economy. A lot of designers didn’t have their own runway shows, so it was hard to persuade them to lend out their clothes for a charity show...