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They opened near a planned mall that would have driven traffic, especially during the lunch hours. Now construction for the mall is on hold - if it opens at all. According to Julie, their highly conservative business plan projections are below forecast. For all the planning, she says "I couldn't predict the economy...

Author: /time Magazine | Title: Charlotte Stays Optimistic After the Banking Fallout | 10/28/2008 | See Source »

...China the question is critically important. The country's financial markets are a work in progress. They are more open than they were a decade ago, when the Asian crisis rocked global markets, but they are still nowhere near as sophisticated, nor as liquid, as Chinese policymakers would someday like them to be. The value of China's currency, the renminbi, is still basically controlled by the government. There are strict limits on how much Chinese citizens can legally invest abroad. There are trade barriers on what businesses foreign banks can go into inside China. And there are no derivatives...

Author: /time Magazine | Title: China Stays Its Capitalist Course | 10/28/2008 | See Source »

...intelligent young man yesterday at a remembrance service in Memorial Church. Cai’s parents and girlfriend, Christine Li ’10, were among the many who spoke to the packed hall about their memories of the 20-year-old, who died from sudden cardiac arrest near Weld Boathouse on Saturday after completing the men’s race of the semiannual River Run. Quan Cai, Peter’s father, described walking with him in a stroller when he was a baby. “People would always turn to look at him, and I wondered...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: Cai Mourned at Campus Service | 10/28/2008 | See Source »

...national headquarters of John McCain's campaign are in northern Virginia, near the condo where he stays when he is working across the river in Washington. But McCain didn't get around to actually campaigning in the most pivotal part of this pivotal state - exurban Prince William County - until the weekend of Oct. 18. That's when he realized he was running about 10 points behind in a state that hasn't voted Democratic since...

Author: /time Magazine | Title: Why the New Virginia Is Leaning Toward Obama | 10/27/2008 | See Source »

...deepest of valleys." This hilly city is as good a place as any to come for that kind of view. It is, according to the August census report, the fifth-poorest city in the country, and yet it ranks as among the most livable. A building that houses the near homeless is having trouble making its mortgage payments, and yet in one survey its location was the only northeast metro area that saw home prices rise last month. You want to see hope and fear arm-wrestling each other? Come to Pittsburgh...

Author: /time Magazine | Title: Obama Tries to Close the Deal in Pittsburgh | 10/27/2008 | See Source »

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