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...company "got a little too greedy" by rushing the opening and by targeting mass-market customers. Crown's managers believed all they'd have to do was set up shop to see a rush of gamblers. But with a growing number of casinos in Macau, success was no longer so automatic. "In an all-out competitive environment, it's really a game of inches," Ho says. "Management didn't adapt for the local market." Unlike in Vegas, where casinos are filled by average Joes pumping coins into slot machines, high rollers account for some 70% of the gaming revenues...

Author: /time Magazine | Title: Chip off the Old Block | 9/4/2008 | See Source »

...expect a bargain, though: Conversion kits range anywhere from $5,000 for lead-acid batteries to more than $30,000 for lithium-ion technology. The more expensive kits buy you a longer all-electric range, don't need replacing as often, and take up less space. The catch is that the additional battery has to be recharged by plugging your car into an electric outlet for several hours every time the battery gets drained, which can be inconvenient. Cox paid $9,999 for a 207-lb. Hymotion lithium-ion battery module, which fits into the spare tire well behind...

Author: /time Magazine | Title: Giving Your Hybrid an Extra Charge | 9/3/2008 | See Source »

...been two years in the making. When I was writing my first two books I was also freelancing and teaching and doing other odd jobs. For this one I pretty much just wrote. And I wrote much longer hours than I had in the past. I worked more intensively on this book than I plan to for any future book. I don't think I'll have another book for four or five years, and that's fine with me. In some ways I think it would be very dignified if I went away for twenty years and then wrote...

Author: /time Magazine | Title: Q&A: Curtis Sittenfeld | 9/2/2008 | See Source »

...morning beneath a canopy of gnarled oaks along Scenic Highway 90 in coastal Mississippi. To their right, stark reminders of Hurricane Katrina - bare slabs where homes once stood, damaged streets which once led to vibrant downtowns, trees still festooned with insulation and tarpoleons meant to protect buildings that no longer exist. To their left, a steady snarl of traffic snaked its way eastward as residents from Louisiana and Mississippi fled the wrath of Hurricane Gustav, expected to make landfall as a Category 3 hurricane Monday morning southeast of Louisiana in Plaquemines Parish. At 6 a.m. EDT, the storm's center...

Author: /time Magazine | Title: Waiting for Gustav on the Gulf | 9/1/2008 | See Source »

...holidays from history have ended," Polish Foreign Minister Radowlaw Sikorski said, adding that Russia's "imperialism" had been a wake-up call. He also warned that the E.U. - and NATO - had to be serious about its security pledges: they could no longer think of membership as cost-free, but being backed by force...

Author: /time Magazine | Title: EU Talks Tough on Russia | 9/1/2008 | See Source »

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