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...hotel is 70% full, the cost of filling an otherwise empty room is virtually nothing. Plus, it brings in customers who may return to the hotel in the future - and spend cash. Hill, who trades roughly $100,000 a year through the service, uses his credit to pay the hotel's $650-a-month flower bill, and recently refurnished eight of the hotel's rooms without spending a penny. He's also purchased jewelry through barter and then resold it to hotel guests for a profit. The system works for personal use, too. Hill's wife has spent the hotel...

Author: /time Magazine | Title: Bartering: Have Hotel, Need Haircut | 11/2/2009 | See Source »

...expand even as the economy improves. "Companies will need to hire new staff and restart advertising and marketing campaigns which they pulled during the recession," he says. "Bartering frees up cash for that." It's a concept he obviously believes in: the firm uses its trade credits to pay the rent on its U.K. headquarters...

Author: /time Magazine | Title: Bartering: Have Hotel, Need Haircut | 11/2/2009 | See Source »

...they're reminders that a Christmas LP was a rite of passage into the mainstream for early rockers like Elvis Presley and Phil Spector. Dylan, who is donating all his royalties to Feeding America and other antihunger initiatives, just waited till his 50th year as a professional troubadour to pay his obeisance to these finely crafted kitsch touchstones...

Author: /time Magazine | Title: Like a Rolling Snowman | 11/2/2009 | See Source »

This is the perfect time to go back and get retrained--but get retrained in an emerging sector. We won't pay for you to get a degree in French or political science--those are my degrees so I can say that safely--but we will pay for you to get a degree in something that is of need, like nursing. We have 80,000 vacancies even though we have high unemployment. There is a skills...

Author: /time Magazine | Title: 10 Questions for Jennifer Granholm | 11/2/2009 | See Source »

...give tax credits to everybody, because somebody's gotta pay for them. We have targeted six sectors: homeland security, alternative energy, advanced manufacturing, life sciences, tourism and film. Film is an area associated with keeping young people here, with dynamism...

Author: /time Magazine | Title: 10 Questions for Jennifer Granholm | 11/2/2009 | See Source »

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