Word: steeled
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...full parking lot, veering onto the Strip, I come across something rarely seen in Vegas: frozen construction projects. I pass cranes abandoned at the site of the Echelon, a huge, multibillion-dollar project of four hotels that is now just three buildings of nine floors of concrete and steel beams sitting idly on some of the most expensive real estate in the country. I pass three more abandoned sites - 63 empty steel floors of the Fontainebleau, a sad unfinished shell that was supposed to be Caesars Palace's Octavius Tower and two cranes halted on a structure that was supposed...
...cream sandwiches, to be exact, constructed and dispensed by a roving Los Angeles food truck that goes by the nom de glace Coolhaus - a nod to Rem Koolhaas, the Pritzker Prize-winning architect who designed Seattle's futuristic glass-and-steel Central Library. Coolhaus is not your average ice cream truck. For one, it doesn't play annoying, repetitive jingles. It is a tricked-out former postal wagon with a Barbie-pink custom roof, shiny wheel rims (acquired at an auto-body shop in East L.A.) and lots of photos of famous buildings, including Louis Kahn's concrete-heavy Salk...
...saturday afternoon just outside Shanghai, Zhang Yi is in a blessedly cool General Motors showroom, kicking the tires of the company's newer models. He's not there to beat the heat. He drives a small Volkswagen now and wants to upgrade. A middle manager at a state-owned steel company, Zhang has no worries about his job or China's economy. "Things are still pretty good," he says. "I have no problem now affording one of these," nodding toward the array of gleaming new Buicks nearby. (Read "China's Booming Car Market Shifts into Reverse...
...prosperity that has underpinned political stability. Given their scale, it should surprise nobody that it is still most concerned with saving itself economically - not anyone else. Beijing is most unnerved by the prospect of labor unrest of the sort that resulted in the death on July 24 of a steel-company executive in northeast China at the hands...
...plan is meant to help scrap dealers too. They get the old cars for free, the idea being that they can then earn money by selling the scrap metal to steel companies. But with scrap prices taking a dive, some dealers are eying the bigger profits that come from selling the cars abroad. "The problem is that there is no supervision of the companies to ensure that they actually scrap the cars," says Frank Wolff, director of the environmental-crime division of the Hamburg police. "These firms are supposed to turn the cars into scrap, but instead, some are selling...