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...remarks made in New York, GE (GE) CEO Jeff Immelt said that the economy was in as bad a shape as at any time since the 1974 recession. If it should get worse, he remarked, "Once you break through '74-'75, you don't stop 'til you get to 1929." At almost the same hour, Bill Gross, the undisputed king of the fixed income world and chief of investments at Pimco stated "the U.S. may slump into a 'mini depression' unless policy makers spend trillions of dollars to spur growth." He did not make the distinction between a "mini depression...
...tears well up in Dupri’s eyes as he praises Bow Wow, who’s “more like a son that just a little brother” to him. “You never know what you got ’til it’s gone,” Dupri says, remembering the late nights he and Bow Wow spent drinking hot cocoa and listening to Joni Mitchell. Swelling with gratitude, Bow Wow recounts his favorite memory: fulfilling his promise to “smash all dem women” when he gets older...
Drake's Discount. Retail numbers are dismal and getting worse, so if you want to help give the economy a boost, check out the "Shop Til You Drop" promotion at Chicago's Drake Hotel: Get a $75 Bloomingdale's gift card, as well as 15% off purchases all day. Rates start at $215 per night; through March 31. 140 East Walton Place...
...Year's in New York. The recently opened Stay Hotel in New York's Times Square area is offering two special packages - the prices may seem a bit steep, but they include lots of goodies (plus, the hotel has feather beds!). The "Stay Til Next Year" package comes with a personal shopper - complete with a $250 gift card to H&M, $100 gift card to Sephora and a consultation with a make-up artist - two tickets to the New Year's Eve party at the hotel's restaurant, Aspen, champagne and a special dessert in-room, plus room service breakfast...
...Mine”—features lyrics such as “Let it shine on / Let the light from your lighthouse shine on me.” And if that wasn’t schmaltzy enough for you, how about “Dance ’Til We’re High?” “We will dance / Light up the sky / Bells will ring out for our love… We’ll sing till we fly together / We’ll dance ’til we’re high...