Congress may restructure the Treasury Department's $700 billion rescue plan. Proposed changes come from congressional Democrats and include forcing banks to lend funds they've received from the government and imposing new limits on executive compensation at companies that received help. The White House has defended implementation of the program.
Teen Vogue magazine is setting up shop in the Mall at Short Hills, N.J. The Teen Vogue Haute Spot is a pop-up store, open only from Nov. 28 to Dec. 26, but it won't sell any merchandise. The space instead will provide a haven for girls to try on clothes and makeup, enjoy snacks, and charge their iPods and cell phones.
More retailers are demanding that their stores and shopping centers be built to LEED-certified guidelines to cut long-term energy costs. Many firms such as Talbert Development, which is building sustainable projects in Southern California, believe the energy savings and the environmental benefits are worth the additional 2.5% in costs that green certification adds to a project. Meanwhile, solar panels, motion-activated room lights and bamboo flooring are among some of the green products that are making their way into retail construction.