Word: price
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...Kinds of wine—CHEAP, DECENT, and GOOD—that are served at Schiller's at 131 Rivington Street, the inspiration for novelist Richard Price's Cafe Berkmann in his acclaimed 2008 novel Lush Life, which explores the conflicting identities of the neighborhood through the murder of a Lower East Side hipster by a street kid. The influx of well-off young people has been controversial. The Lower East Side Jewish Conservancy derisively calls the changes "hipification" and "Yupification...
Meanwhile, negotiations over iron-ore contracts, an annual ritual that has been particularly heated this year, may be another factor. Chinese steel producers have been pushing for a discount of up to 50% on the price agreed on last year with Rio Tinto. But with the negotiations stretching long past their original June 30 deadline, steadily climbing prices for iron ore have steelmakers sweating. "Clearly the Chinese insistence that the price be cut further no longer can be sustained," says Jim Lennon, a Macquarie Bank analyst, who notes that talks "have gotten increasingly acrimonious...
...dark by LEDs, or light-emitting diodes. The leading lighting companies are racing to release traditional-bulb-shaped LEDs that last five to 10 times as long as CFLs, contain no mercury and use far less energy. These amazing new lights also come with a flashing-neon price tag: $50 for Lemnis Lighting's Pharox, which uses 6 watts of power to match the output of a 60-watt incandescent...
...humanoid robots or industrial ones, Japanese researchers have also created a number of consumer-friendly inventions made for fun or therapy, like pet seals and robot chef that can whip up pancakes. But no matter how clever or cuddly, even in Japan commercial robots have a serious flaw: their price. Consumers balk at their heavy price tags, which typically run into the thousands. Sony's AIBO robotic dog, which cost $2,000 per pup, opened to much fanfare only to be cut in 2006, seven years after its introduction...
While Ahmadinejad had his tax run-in with the bazaar, Mousavi does not have a positive record with many bazaaris either. Older bazaaris can still remember Mousavi the firebrand leftist, who as Prime Minister in the 1980s was associated with price controls and food cooperatives during the Iran-Iraq war. But younger managers and workers generally express support for Mousavi, even though, as one pointed out, "Mousavi never visited the bazaar before the election." Bazaaris felt slighted by the snub, and since the bazaar's merchants are still a main conduit to Iran's smaller towns and rural areas, this...