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...huge sums for properties that are hostage to the vagaries of the economy, the weather and obnoxious co-owners. Sure, the turndown service, wine bar and ice rink are nice. But what if Massarano wants to sell in a few years and buyers are scarce? (Hello, Pocono Mountains, Pa.!) "I'm just glad to have a place here," he says. "When I get to where I can't ski, and if I want to sell, I'd like to at least get back what I've put into it. But things like that don't bother me when...
...Alito’s disavowal of CAP didn’t mollify Kennedy. The Democrat cited “CAP’s troubling opposition to equal educational opportunity for women, minorities, and the disabled” in a December letter to Senate Judiciary Committee chairman Arlen Specter, R-Pa. And Kennedy raised the issue again at Alito’s confirmation hearings last week...
...goes for a small fraction of the price it commands in the U.S. Dow Chemical is constructing a $4 billion petrochemical plant in Oman, and CEO Andrew Liveris says the plant would have been built in Freeport, Texas, if not for the price difference. At PPG Industries in Pittsburgh, Pa., CEO Charles Bunch says he may have to close two North Carolina fiber-glass plants. "We've lost a lot of jobs to China because of the labor-cost difference," he says. "Now we're starting to lose jobs in energy-intensive sectors...
Judge John E. Jones III of the U.S. District Court in Harrisburg, Pa. gave Harvard professors who support evolution new ammunition last month when he rendered it unconstitutional to teach intelligent design in a Pennsylvania public school science class. Intelligent design refers to the idea that certain aspects of life are too complex to be a result of randomized natural selection, and thus must have come from an “intelligent designer.” Despite the ruling, some Harvard faculty members say they worry that the battle over intelligent design may just be getting started. Professor of Biology...
Republicans, already sensing that this week's hearings have defanged any real threat to Judge Samuel Alito's confirmation for the Supreme Court, scored a public-relations victory the moment the gavel fell Thursday morning. Judiciary Committee Chairman Arlen Specter (R-Pa.) announced that a search of Library of Congress records demanded by Democrats had been completed at 2 a.m. and that no reference to Alito was found in documents pertaining to the Concerned Alumni of Princeton (CAP). Sen. Edward M. Kennedy (D-Mass.) had threatened to push to subpoena the records, which are included in the papers of William...