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...sexification has helped put Vegas on pace for a record year in visitors, after having 35.5 million last year. In the second quarter, revenue per available room in top hotels along the Strip rose to $190 a day, according to Joseph Greff of Fulcrum Global Partners. Room rates are up 40% from the same period last year, but the increase didn't stop occupancy from zooming to 95%. The city's casinos, hotels, restaurants, shops and clubs took in a record $32.8 billion in 2003. Vegas is the fastest-growing major U.S. city; 7,000 people move to Clark County...

Author: /time Magazine | Title: The Strip Is Back! | 7/26/2004 | See Source »

...death, a tiger leaves its skin. A man leaves his name." LG seems well on its way. While most of the electronics industry, including Sony, suffered sagging growth and profits in recent years, LG's market presence surged. Revenues jumped 18% last year, to $17 billion, and net profits rose 33%, to $556 million. Last week, the company announced a whopping 85% boost in second-quarter net profit, to $425.5 million. LG has the electronics world bracketed. At the commodity end, low-cost plants in China make the firm a power in developing markets. At the big-bucks, high-tech...

Author: /time Magazine | Title: Getting Religion | 7/25/2004 | See Source »

...cheaply than many of its international competitors. Still, in Asia, LG has taken on the world's best and proved it can hold its own. In China and India, LG has become a preferred brand. In China, which Kim calls the "toughest marketplace in the world," sales last year rose 40%, to $2.8 billion. In India, LG has beaten out Sony and Samsung to claim the No. 1 market share in everything from TV sets to refrigerators to CDMA phones. And in just a few months, LG is making inroads into the U.S. Its increasingly popular mobile phones hold fourth...

Author: /time Magazine | Title: Getting Religion | 7/25/2004 | See Source »

...calling a "middle-class squeeze" as the duo tries to win votes in swing states like Ohio. How real is it? There's supposed to be an economic recovery under way. But the numbers paint a confusing picture. GDP grew 3.9% in the first quarter, and corporate profits rose 1.7%. Most important, payrolls have grown by 1.3 million jobs since January. Consumer confidence is up. But job growth slowed in June, and the new ones haven't been enough to meet the supply of 8.2 million out-of-work Americans. The unemployment rate hasn't budged from 5.6%. Wages, which...

Author: /time Magazine | Title: How Real Is the Squeeze? | 7/19/2004 | See Source »

...readings were normal. A new study suggests that it is the rate of increase in a man's PSA level, not the level itself, that determines the risk of death from the disease. The study found that among 1,100 men with prostate cancer, those whose PSA levels rose more than 2 points in the year before diagnosis were nearly 10 times as likely...

Author: /time Magazine | Title: Health: PSA Revisited | 7/19/2004 | See Source »

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