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...country accustomed to surprises from its government, Nicaraguans received another curiosity on May 15 when they awoke to find that the Central Bank, moving in the night as stealthily as the Tooth Fairy, had snuck a new legal tender into their economy while the markets were sound asleep...

Author: /time Magazine | Title: For Nicaraguans, New Currency Is a Hot Potato | 5/23/2009 | See Source »

...Investors in Goldman and JPMorgan may find that out the hard...

Author: /time Magazine | Title: Paying Back TARP: Good for Banks, Bad for Investors? | 5/22/2009 | See Source »

...think the thing that Jeff will find different is the diversity of Cambridge Public Schools,” Peterkin said. “What he’ll find is more diversity of student body, of community, and of programs that he will need to learn quickly and evaluate...

Author: By Sofia E. Groopman and Michelle L. Quach, CRIMSON STAFF WRITERSS | Title: Young To Enter Amid High Expectations | 5/22/2009 | See Source »

...reclaimed Macau land called Cotai into a new Las Vegas Strip with a $12-billion development of hotels and casinos. He launched the effort in 2007 with the opening of a 3,000-room Venetian hotel similar to his flagship Las Vegas property. But last year Adelson struggled to find financing for the project. Construction on new hotels was suspended in November, and the company recently said it would cut as many as 4,000 workers from its Macau operations. Late last year, Las Vegas Sands, which has been suffering from slumping revenues in the U.S. as well, appeared...

Author: /time Magazine | Title: Fortunes Fade for Macau's Casino Kings | 5/21/2009 | See Source »

...slashed staffs and in some cases morphed into exclusively online entities to weather the worst financial storm the industry has ever seen. On Thursday, however, some of that U.S. media pain hit closer to home, as French readers of the left-leaning Libération popped into newsstands to find their favorite daily nowhere to be found. The reason: managers of the financially troubled Libé decided not to publish on Ascension and five other national holidays throughout the year. It was hardly a case of religious feeling, but rather a means of eking out some savings on production costs...

Author: /time Magazine | Title: French Newspapers Cutting Back on Holidays | 5/21/2009 | See Source »

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