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...rates to protect its image. "If you look at all the top brands in the world at the high end - the Louis Vuittons, the Rolls-Royces - they never discount," says Greg Dogan, Shangri-La's chief operating officer. Instead, Shangri-La is targeting new customers, including corporations that might benefit from government stimulus packages, like construction companies, or are recession-resistant, like pharmaceutical outfits. "We have to knock on a few more doors," Rao says...

Author: /time Magazine | Title: Room Boom | 2/19/2009 | See Source »

...estimated that the funding for the Housing Authority will be doubled this year to about $7 million, with the opportunity for even more money if the organization applies for competitive funds for green building projects. The Cambridge Health Alliance, a network of local health institutions, is also expected to benefit from the stimulus, said spokesman David Cecere, who added that his organization was still assessing the detail’s of the bill’s impact. In January, the Health Alliance announced a “major strategic and reconfiguration initiative” to cope with financial difficulties...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Stimulus Sparks Optimism | 2/19/2009 | See Source »

Fitzsimmons said that he believes President Faust and Dean Smith’s firm commitment to financial aid will benefit this year’s yield and attract strong applicant pools in the years ahead, regardless of the tuition increase...

Author: By Jillian K. Kushner, CRIMSON STAFF WRITER | Title: Tuition To Rise 3.5% in 2009-10 | 2/19/2009 | See Source »

...homes may be to push the housing market to a deep trough as quickly as possible. This would mean that the government would not provide any assistance for current homeowners and give no financial aid to people who might buy a residence using tax credits. The idea of a benefit of up to $15,000 for those purchasing a home has already been floated in the debates over the stimulus package. Bringing housing back to a period of "affordable" prices means the government needs to stay out the business of keeping homes from being sold or foreclosed and helping buyers...

Author: /time Magazine | Title: Saving the Housing Market By Speeding Up Foreclosures | 2/18/2009 | See Source »

...think later” repeats Japan’s mistakes. Tokyo spent $2.1 trillion between 1991 and 1995, yet the economy stagnated. Politicians built roads to nowhere, starving businesses of capital and workers of jobs. Washington should fund some infrastructure repairs, but such projects should undergo cost-benefit analyses. Lacking such oversight, the bill recently rushed through Congress will breed fraud and waste...

Author: By Brian J. Bolduc, CRIMSON STAFF WRITER | Title: The Best and Brightest | 2/16/2009 | See Source »

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