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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: expansion

expansion stories: 9 news summaries

Congress Extends Credit for First-Time Home Buyers

Also adds 20 weeks
of jobless benefits

Nov 5, 09 3:03 PM CST
(Newser) - The House voted to extend and expand an $8,000 tax credit for first-time home buyers as part of a stimulus expansion expected to inject $45 billion into the economy. The legislation, which passed the Senate yesterday, also extends unemployment benefits for 20 weeks and creates tax breaks for businesses... More »

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Congress • House of Representatives • credit • expansion • economic stimulus package • tax credit

(Newser) - The poor economy has put a crimp in some universities' expansion plans and soured the relationship between others and the surrounding communities, the New York Times reports. For instance, Harvard’s planned $1 billion expansion into a Boston neighborhood is in limbo, leaving a 5-acre construction pit and vacant... More »

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Boston • expansion • colleges and universities • Brown University • Providence, RI • community • Harvard University • town and gown

Booming Mickey D's
Plans European Surge

Global downturn? They're lovin' it

Jan 24, 09 5:55 PM CST
(Newser) - A rare beneficiary of the financial crisis, McDonald’s says it will build 240 new European locations and create 12,000 jobs, the Financial Times reports. The firm’s biggest expansion in 5 years will extend mainly to Spain, France, Italy, Russia, and Poland. “We’re certainly not slowing... More »

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McDonald's • Europe • fast food • restaurant • fast food industry • expansion • job • downturn • financial crisis

Global Leaders Slam Israel's West Bank Expansion Plan

Officials say move would trample peace deals

Jul 25, 08 9:46 AM CDT
(Newser) - Israeli plans to build a new West Bank settlement—one that was shelved after strenuous objections from the US in 2006—were revived yesterday, sparking an international outcry, the Washington Post reports. “They're burying the Annapolis process,” said a Palestinian negotiator, referring to agreements made at the Bush-led... More »

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Israel • Ehud Olmert • Palestine • West Bank • expansion • Annapolis summit • Arab Israeli conflict • road map • Palestinian statehood

 Distillers Like Taste
 of Bourbon Boom 

Weak dollar, rising exports help fuel spike in sales

Jul 7, 08 8:11 AM CDT
(Newser) - Kentucky bourbon is popular in the likes of Russia and China as drinkers worldwide flock to the US drink, the AP reports. A weak dollar, rising exports, and a bourbon trend among young Americans are also fueling the boom. "Younger consumers are interested in drinks that were, you might... More »

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alcohol • Kentucky • drink • exports • beverages • expansion • liquor • US exports • distillery • bourbon

 Newest MLB Division:
 AL Pacific? 

The time may be right for Japanese expansion teams

May 25, 08 3:33 PM CDT
(Newser) - With the help of modern air travel, Major League Baseball should seriously consider expanding across the Pacific, writes Jim Caple for ESPN. Such a move could be both profitable and intriguing, and keep Japan from hemorrhaging its best talent. Though, as Red Sox manager Terry Francona points out, "Saying... More »

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MLB • Japan • National League • American League • expansion • baseball

Landmark NY Library to Be Renamed for Donor

Wall Street financier donates $100 million

Mar 11, 08 3:30 AM CDT
(Newser) - Following the style of sports stadiums, Manhattan's stately beaux arts library on Fifth Avenue will be renamed for a key contributor to a billion-dollar expansion of the library system. Private equity king Stephen Schwarzman is giving the library $100 million from his several-billion-dollar fortune, reports the New York Times. Schwarzman,... More »

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Stephen Schwarzman • Blackstone Group • New York City Ballet • Museum of Modern Art • expansion • Lincoln Center • New York Public Library • Beaux Arts • Landmarks Preservation Commission • John F. Kennedy Center for the Performing Arts • Frick Collection • Astor Hall • refurbishing • rebuilding • Mid-Manhattan library

Retailers
Put Brakes
on Expansion

As economy lags,
big chains open
fewer stores

Dec 7, 07 2:15 PM CST
(Newser) - America's biggest retailers are beginning to ease up on the construction of new stores, reversing the if-we-build-it-they-will-come trend of recent years, CNNMoney reports. Faced with decreasing sales in a slowing economy, chains such as Wal-Mart, Target, Starbucks, McDonald's, and Walgreen either have cut back on new stores or are considering... More »

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Target • expansion • profit growth • retail stores • Wal-Mart

Gates Eyes $3B Army Expansion

Gates ready to approve major recruitment campaign to boost ranks

Sep 28, 07 9:42 AM CDT
(Newser) - Defense Secretary Robert Gates says he's likely to approve spending nearly $3 billion over the next four years to accelerate an expansion of the US Army, stretched thin by punishing wars in Iraq and Afghanistan, the AP reports. The Pentagon believes the Army and Marine Corps need to grow to... More »

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Iraq • Afghanistan • Pentagon • Robert Gates • recruitment • US Army • defense secretary • expansion • high school graduates • Marine

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