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...survey, released this month by the Luxury Institute, found more than half of wealthy consumers with annual incomes exceeding $150,000 believe there are too many luxury brands, and 44% think many luxury brands have become commodities...
...meantime, the Government Accountability Office is conducting a six-month study on credit-card interchange fees, which is expected to be completed in November. Analysts believe it's unlikely any bills will be passed on the issue until this report is released. A GAO executive was not immediately available for comment...
...Fine Arts Library was relocated to the building’s ground level last year. An existing room was expanded and the space painted a light yellow. Though only a printer and mini-fridge now sit in the space, couches and coffee machines are expected to arrive within a month, Chetty said. After that, he said, it’s just a matter of time until the room fills up. “A little free food” might help too, he added. —Staff writer Noah S. Rayman can be reached at nrayman@fas.harvard.edu...
...open a casual restaurant by next spring in an expansion of Herrell’s current location, which he plans to call First Printer Restaurant, Bar, and Grill.Stanett said that 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...
...years. While many of his books center on life in his native Massachusetts, his most recent projects have led him to Haiti and now to Burundi, where he traveled to research his latest work, “Strength in What Remains.” Published just over a month ago, it chronicles the life of Deogratias Niyizonkiza, a 24-year-old medical student from Burundi. Niyozonkoza fled his country in 1994 to escape a ravaging ethnic civil war and ended up in New York. He found his footing there by learning English and enrolling at Columbia, eventually returning to Burundi...