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...labor and materials expenses have grown for the store, and rent has shot upward of $10,000 per month. Consequently, the ice cream shop has not turned a profit for the past 4 or 5 months and has taken subsidies from Stanett for the last few years.But the single largest factor in Herrell’s closing may have been the arrival of J.P. Licks, another locally-based ice cream franchise that opened to much fanfare last summer across the street from Boylston Gate.According to Stanett, J.P. Licks now accounts for a third of the ice cream business...
...wide planning meeting, Shen quickly found his agenda derailed by a smattering of area residents. Aggressively, and at times angrily, they steered the discussion to what they denounced as the City planning agency’s botched handling of the Charlesview Apartments relocation—the “largest and most dynamic” change to the neighborhood in many years. “There’s this massive development that’s going to be dropped in the middle of the community almost without notice,” said Bruce E. Houghton, local resident and president...
Faculty of Arts and Sciences Dean Michael D. Smith announced that the University’s largest school has closed half of its two-year $220 million budgetary gap at an open forum yesterday...
...threat of a filibuster. And those in the loan industry certainly aren't giving up. "Ultimately, what they are trying to create here is the Post Office of student lending - you've got no choice," says Jack Remondi, vice chairman and CFO of Sallie Mae, the nation's largest lender, referring to Obama's Aug. 11 comments that questioned the efficiency of American letter carriers. "And this is the President's initiative on health care: if you create competition, that should drive down costs and save people money...
...border in Pakistan and who maintain ties with Pakistan's ISI intelligence agency (though Islamabad vehemently denies this); bands linked to al-Qaeda whose ranks have recently swelled with Arab, Chechen and Uzbek fighters operating in the craggy, northeastern ranges of Afghanistan; and, a last group, probably the largest, made up of local tribesmen who have allied themselves loosely with the Taliban as a result of President Hamid Karzai's often corrupt provincial officials pitting one tribe against another. Mullah Salam, a tribal elder from Helmand province, scene of heavy fighting between Taliban and NATO forces, told TIME...