Word: annualized
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Formula One had little option but to trim costs. The sport's leading teams last year had annual budgets of $400 million or more. The huge gap back to the other teams not only created a predictable title fight between just three or four drivers but has forced teams out. Worried by the slump in the global auto market, Japanese carmaker Honda, which spent $350 million in 2008, cut its ties in December. (The team has been bought out by former boss Ross Brawn and will now compete as Brawn...
...Home resale rates rose 5.1% in February to an annual rate of 4.72 million, according to the National Association of Realtors. In the same breath, the organization said 45% of the activity was foreclosures or short sales. Because of the huge discount that most buyers get when they buy homes in foreclosure, the average price of a house fell 15.5% to $165,400. (See pictures of Philip Johnson's glass house...
...That shaky performance may or may not have been influenced by the fact that Zappala, the owner of the two private detention centers receiving a guaranteed annual rent ($1.3 million) from Luzerne County, is the son of a former chief of the same court. Or maybe it was what State Chief Justice Ron Castile told a local columnist, in a sad commentary on the entire system: the judges found the state's figures on the unusually high rates of kids being sentenced to detention and getting no legal representation simply too hard to believe...
...meadows, the government decided that such a practice is not compatible with the canton's conservative ways. It has drafted a law that would ban public nudity, subjecting offenders to a $160 fine. The proposed legislation will be submitted to a popular vote on April 26, during Appenzell's annual Landsgemeinde, an open-air assembly in the town's picturesque main square, where all eligible citizens vote, by show of hands, on local laws and budget issues...
...under German law they cannot be named in full). The unemployed and Lebanese-born brothers have lived in the northern German state of Lower Saxony since age 1 but still have not been granted permanent residency. They have criminal records for theft and fraud. (See pictures of the annual Twins Days festival...