Word: steam
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...Hotel, a couple can book the private spa suite for a 4-hour treatment that includes a private yoga class. You're greeted with a tea ceremony and ginger foot scrub, then move onto a rose petal bath in the double soaking tub, side-by-side massages, a private steam room and champagne, fresh fruit and Jacques Torres chocolate. $1,425 for the package. 700 Fifth Ave at 55th...
Talbots The specialty clothing retailer, which targets women over 35, has run out of steam over the past year. Talbots' same-store sales were down 13.9% in the third quarter of 2008, and the chain lost $14.8 million during that time. "They look dead in the water," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail-consulting and investment-banking firm...
...walls are still bare in Larry Summers' West Wing office, a cramped and cluttered perch overlooking the Rose Garden. The Bloomberg terminals have yet to be delivered, and the steam-powered White House e-mail system recently crashed. Add to all that the fact that much of Barack Obama's economic team is still finding its way around the White House, and it's somewhat remarkable that this economic wunderkind turned Obama adviser is moving at flank speed on the biggest restructuring of the U.S. economy since the New Deal...
...economic reality has been jarring for a country considered not long ago nearly impervious to the global slowdown. With consumer spending declining in the U.S., China's export machine - which accounts for some 20% of GDP growth - has run out of steam. Exports fell 2.8% in December, the worst performance since 1999. (See pictures of the global financial crisis...
...blitz on Gaza. But in truth, the demise of the Israeli peace movement has been a long, drawn-out agony. Its main advocate, Peace Now, was once able to lure hundreds of thousands of Israelis into the streets. But after the Oslo accords with the Palestinians in 1993, the steam started to go out of the peace movement. Israelis became convinced that Palestinian leader Yasser Arafat played a double game, talking peace but battling Israelis from within the Jewish state and the Palestinian territories. In 2000, after the collapse of the Clinton Administration's peace talks at Camp David, Arafat...