Word: commerciales
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Dates: during 2000-2009
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As businesses such as law firms, investment banks, car companies and retailers cut jobs and move to less expensive offices, the commercial real estate industry is collapsing with astonishing speed. None of the unfinished buildings were erected with cash from the developers. Banks put the money up for the physical...
According to the FT, Leon Black, head of Apollo Management and a crafty investor in distressed debt told the paper that "the extra costs of cleaning up the U.S. banking industry could total as much as $2,000bn", putting further strain on the economy. He said the woes of the...
Mandatory Obstructive Sleep Apnea (OSA) tests for commercial truck drivers could reduce the risk of truck crashes that kill and injure thousands a year, according to a recent study by Harvard researchers.
OSA causes excessive daytime sleepiness and irregular nighttime breathing. Because of its role in increasing drowsiness, the disorder—which is expected to affect approximately 2.4 to 3.9 million licensed commercial drivers in the United States, according to a Harvard press release—can increase the risk of...
Because commercial truck drivers must be medically certified at least every two years, OSA tests could be conducted as part of those routine examinations, Kales said.