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...some kind of intangible premium that customers are willing to pay for. These two poles will converge as the technology advances and costs are brought down to a point where the average family car could be available at a feasible price. That's the tipping point that, as I say, could take 20 years, easily. (Read "Audi Gets in the Fast Lane...
...Disney officials wouldn't say when the park will open or how much it will cost. The company stated in a press release that the Shanghai park will include "characteristics tailored to the Shanghai region," but a spokesperson declined to elaborate on what types of rides or attractions might be on offer. The Shanghai government has already reserved an estimated 1,000 acres near Shanghai's international airport in the city's Pudong district...
Proponents say the tax credit has helped breathe life into the comatose housing sector and that its extension is critical. "Failure to act now could derail the fragile housing recovery even before it has time to take root, " said Jerry Howard, president and chief executive of the National Association of Home Builders, in a recent statement. (See six year-end tax tips...
...Disney has also made several market miscalculations. Analysts say the company, in trying not to make the same mistakes it did at its Paris resort by failing to tailor the Disney formula to local tastes, may have gone overboard in its efforts to adapt the Hong Kong venue to Chinese customers. For example, the park's restaurants originally planned to serve shark's fin soup, a Chinese delicacy, until environmentalists protested. But the biggest knock against Hong Kong Disneyland - of which the Hong Kong government owns 57% - is a lack of attractions. In July, Disney and the government moved...
...analysts wonder if the $11 billion price tag for the credit's next phase is worth it. Some say many of the people using the tax credit would have purchased a home anyway...