Word: rental
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Dates: during 2000-2009
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...Over in the East Village, Mondo Kim's was New York's premier video rental outlet; its trove of 55,000 items included all manner of ancient, foreign or just plain weird movies in DVD or, bless 'em, VHS format. Netflix, a more convenient but much less comprehensive service, killed off owner Youngman Kim's rental business, and with it a unique source for voracious cinephile. Don't ask me why, but the whole collection was bought by the Sicilian town of Salemi, and will be shown in what the burghers call the Neverending Festival. It's a sign that...
...historic docks of Rotterdam to China's booming trading hub of Ningbo, troubling symptoms abound. The Baltic Dry Index, which tracks the cost of shipping raw materials, has plummeted from an all-time high of 11,793 last May to below 800, a 22-year low. The daily rental rate for the largest bulk carriers plunged from $234,000 last summer to less than $3,000 in early December, a staggering 99% reduction. "The violence of the drop is more extreme than anything we've ever seen before," says Jeremy Penn, chief executive of the London-based Baltic Exchange...
...Florida Keys ... You won't bump into Bogie here, but Ocean Pointe Suites in Key Largo, Fla., has a worthwhile "Reef Snorkeling Package," which includes two half-day snorkeling trips for two and equipment rental, plus one-hour kayak rental, in a package starting at $194 per night. If you want to stay above the surface, the hotel also has a "Keys Water Sports Package" with three choices to accompany the room: a half-hour Waverunner ride, a two-hour Hobie Wave sailboat rental or a four-hour kayak rental. Rates start at $189 per night. 500 Burton Drive (mile...
...immediate issue of security. On Friday night in Honolulu, Mother Nature took all of Barack Obama's power as the future First Family was one of 293,000 customers left in the dark by an electric storm that knocked out practically the entire island of Oahu. The $11 million rental property where Obama is staying lost power at 8:08 p.m., prompting a security scramble by Honolulu police, the Secret Service and the U.S. military...
Obama, his wife and daughters Sasha and Malia are staying at Paradise Point Estates, an enclave of homes at the end of a private road in the exclusive beachside community of Kailua, located on Oahu's Windward side. Titcomb, Obama's childhood friend, arranged the rental properties for Obama's family and staff. There are three homes in the compound where Obama is staying; the future first family is occupying an $11 million property featuring 5,000 square feet of interior living space and a 1,900 square foot lanai...