Word: projections
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...year ago, he was a youthful 47. "I'm now an old 48," he says, and he's got the gray hairs to prove it. That's because CityCenter came within a whisker of not opening at all, even as it was billed the most expensive private construction project in American history and thought of among locals as a beacon of the city's resurgence from the depths of recession...
Early this year, the company was in the grip of what Murren calls an "intense, very dire liquidity crisis." MGM Mirage's joint partner on CityCenter, the Dubai World subsidiary Infinity World, had sued MGM Mirage and stopped putting money into the project. Unable to find other sources of capital, the casino company was left with two choices: walk away from CityCenter or try to work out a deal with MGM Mirage's bankers. (See the 10 worst business deals...
...address the redesign project, HBR hired the help of two design consulting firms, both of which said the layout inhibited the communication of content, Macht said...
Everybody makes mistakes. In journalism, a profession devoted to keeping people properly informed, those errors can be embarrassing. That's why a blog called Regret The Error keeps track of the fourth estate's follies. Freelance journalist Craig Silverman started the project in 2004 after reading the following correction from Lexington, Kent., Herald-Leader: "It has come to the editor's attention that the Herald-Leader neglected to cover the Civil Rights Movement. We regret the omission." Silverman has been tracking media-related corrections ever since. Regret the Error's annual "best of" list went...
...sightings have been officially recorded in Canada, Sweden, Denmark, Greece, Australia and the United Kingdom, but the most complete records were those of Project Blue Book. The earliest UFO sightings in recorded history can be found in 4th century Chinese texts claiming that a "moon boat" hovered above China every 12 years. Other enthusiasts cite the Book of Ezekiel, in which a curious vessel dropped from the sky and landed in Chaldea, in modern-day Kuwait. A wave of sightings occurred near Rome in 218 B.C. and again in Germany in 1561. During World War II, Allied pilots coined...