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...Over the past two years, as high-rise fever spread across town, prices for the luxury apartments ballooned, fetching as much as $500 to $1,000 a square foot-or up to $1.5 million for a one-bedroom- at the peak. Buyers, mostly interested in flipping them for quick profits, eagerly anted up five-figure down payments, while developers planned more than 70 luxury towers holding a total of about 43,000 units on or near the Strip and downtown. But the intense competition for the city's limited supply of contractors sent construction costs skyrocketing 30% last year, just...

Author: /time Magazine | Title: Vegas Condos Go Cold | 1/25/2006 | See Source »

...York Telephone Co. became NYNEX and then, in 2000, Verizon Communications. And at a time of ferocious competition in the industry, some of the benefits he says he was promised when he joined in 1959 have either not materialized or, most recently, been slashed. Retirees have to foot an ever larger part of the bill for their health care, and Jones calculates that pensions now have just 21% of the buying power they...

Author: /time Magazine | Title: United States | 1/23/2006 | See Source »

...senior operatives--although it may have missed its chief target, al-Zawahiri, whose voice was heard on an undated audiotape last Friday. Among some U.S. counterterrorism experts, there was speculation that the release of the bin Laden tape was al-Qaeda's attempt to boost the morale of its foot soldiers amid the run of bad p.r. Says an intelligence official: "The question is, Is this someone's way of changing the topic...

Author: /time Magazine | Title: Can Bin Laden Be Caught? | 1/22/2006 | See Source »

...prison that was designed to hold 600 inmates was holding 1,800,” Wallen said. “The prisoners were in 8.5 by 5.5 by 11 foot cells, and there were a minimum of four and a maximum of nine people in each one. The inmates were locked down in their cells at 3 p.m. each day and not released until 9 a.m. the next morning...

Author: By Paras D. Bhayani, CRIMSON STAFF WRITER | Title: Carter Storms Law School | 1/20/2006 | See Source »

...before human-to-human transmission takes off. In Turkey, meanwhile, the virus may already be endemic: a permanent presence that would constantly threaten to invade Europe in the future. Even if everyone has learned the lessons of previous health and food-safety crises such as mad-cow disease and foot-and-mouth disease, avian flu defies traditional responses. Wild birds don't stop for quarantine controls, and they don't recognize borders...

Author: /time Magazine | Title: Turkey Copes With Bird Flu | 1/15/2006 | See Source »

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