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...grand view from the 51st floor of Nauru House in central Melbourne, but it?s unlikely the President of Nauru is enjoying it. Since he flew out of the 21-sq.-km island on April 23, Rene Harris has been closeted in his suite here trying to solve a financial mess. Phosphate exports once made Nauruans among the world?s richest people, but those days are long gone. It?s unknown how much remains in the phosphate royalties trust that once sustained many of Nauru?s 12,000 people, and last month, seeking to recover about $A240 million owed...
...night, you'll get a canopied bed, 18th century furnishings and a butler to draw your bath. Or consider the Enclave at the Hilton San Diego Gaslamp Quarter, with 30 loftlike rooms that start at $375. It's connected to the main building by a 10,000-sq.-ft. outdoor garden and can be reached from an underground valet garage by private elevator. "There's very little signage," says Renier Milan, the hotel's general manager. "Unless you're part of the In crowd, you won't know it's there." The just-opened Gaylord Texan Resort & Convention Center...
...outpeacefulled, the owners of Mandalay Bay hotel in Vegas opened THEhotel, a 1,118-suite facility, in January. It has its very own entrance lobby, an $11 million spa and 725-sq.-ft. suites with 42-in. plasma TVs, starting at $159, about $50 more than beginning rates at the adjacent Mandalay...
...brass would no doubt argue against such a strategy. Sales plummeted at the company when Wal-Mart started moving into its strongholds a few years ago. "They sold everything we sold and ran promotions that we could not match," says Jim Jensen, 46, who was managing a 209,000-sq.-ft. Meijer in Howell, Mich., when a Wal-Mart moved in across the street in 2000. Jensen responded with six-hour price specials, supersales and coupons galore, and when those initiatives failed to pull the store out of its death spiral, he got employees to start offering product demonstrations...
...Creek is a case in point. Two decades after it was targeted on the very first Superfund priority list, the 40-sq.-mi. site is worse off than ever. Early on, the government confined its effort to the polluted creek, without looking at chat piles, soil, air quality or the danger of subsidence. Was it a lack of knowledge of the danger, as EPA claims? Or industry influence, as environmentalists charge? Whatever the reason, federal attorneys settled with mining companies for pennies on the dollar. Now, after fruitless efforts to contain 28 billion gal. of acid mine water, contamination...