Word: yorke
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...Another advantage: the huge, diverse New York City metro area hasn't been hit quite as hard by the recession as the rest of the country has. Housing prices are dipping, but not collapsing like in other places. New York malls have held up relatively well. Xanadu's location, amid the confluence of some of the country's most congested road arteries, should also help. Surely a few curious drivers will want to check out the mega-mall. Plus, the state has built a rail line to the site; it's now just a 23-min. ride to Xanadu from...
...World Bank is having none of it. According to The New York Times, "In a bleaker assessment than those of most private forecasters, the World Bank predicted that the global economy would shrink in 2009 for the first time since World...
...Boston Globe is, based on several accounts, losing $1 million a week. One investment bank recently said the paper is worth only $20 million. The paper is the flagship of what the Globe's parent, the New York Times, calls the New England Media Group. The Times has substantial financial problems of its own. Last year, ad revenue for the New England properties was down 18%. That is likely to continue or get worse this year. Supporting larger losses at the Globe will become nearly impossible. Boston.com, the online site that includes the digital aspects of the Globe, will probably...
Thursday's protest against potential layoffs of University workers was more than just a local effort. Students and employees protesting outside the Holyoke Center were joined by Harvard alums 200 miles away rallying outside the Harvard Club of New York...
According to an e-mail sent by the "Concerned Alumni of New York," the group shares the Cambridge protesters' demands, which include that the university stop layoffs, reinstate all previously laid-off workers, and lift all hiring freezes currently in place at the University...