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...August just as three of its towers reached the 12th floor (the tallest would have risen to 55 stories). Construction won't resume until 2010, though the cranes will remain towering above the site (it's cheaper to leave them in place - and these days no one else in town needs them...

Author: /time Magazine | Title: The Good Times Stop Rolling: Vegas Meets the Recession | 12/29/2008 | See Source »

...Resort, which add up to $20 billion of construction, as proof that the Vegas brand is fundamentally strong. "There's a resilience to Las Vegas that's unlike anything else you see in the country," says Dick Rizzo, vice chairman of Perini Building Co., the largest construction firm in town...

Author: /time Magazine | Title: The Good Times Stop Rolling: Vegas Meets the Recession | 12/29/2008 | See Source »

America's fantasyland probably won't come back fully until the rest of the country recovers. Indeed, the economic hard times have only proved that the town's famous slogan - "What happens in Vegas stays in Vegas" - needs some tweaking. Now, it appears, what happens in America doesn't stay out of Vegas for very long...

Author: /time Magazine | Title: Behind Vegas's Bad Bet | 12/29/2008 | See Source »

...musical artist as any in the 20th century, up there in a group that included Ella Fitzgerald, Judy Garland and Peggy Lee. Jo Stafford, who died July 16 at age 90, sang directly in the center of the note, and her sound was as clear as a Spanish town at noon. Stafford was also remarkable for the diversity of the material she tackled. She was one of the greatest ballad singers who ever lived, but she sang pop songs--her 1952 hit You Belong to Me sold 2 million copies--as well as folk music, country songs and novelty numbers...

Author: /time Magazine | Title: Jo Stafford | 12/29/2008 | See Source »

...shot another Hellfire missile. Another ball of smoke, smaller but just as black, rose half a mile north of the first target. Later on, the spectators listened to radio reports that Israeli helicopters had attacked Qassam launchers, the weapons that Hamas militants have been using to terrorize Israeli towns along the Gaza Strip. The choppers attacked immediately militants had fired a Qassam towards the town of Netivot, six miles east of the Gaza Strip. Hamas claims that the attacks have killed nearly 300 people over the course of two days...

Author: /time Magazine | Title: Gaza Border: Israelis Cheering the Attacks | 12/28/2008 | See Source »

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