Word: costes
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...that he said it could only happen if the banking system was fixed, a process that may actually take years. The price of oil has been moving up which usually means that the market expects that individual and industrial demand will improve. It also means that it may cost $4 a gallon to drive...
...Shuffle costs $79 and replaces the one that cost $49. That's potentially a big driver to Apple's bottom line. Veteran Apple analyst Gene Munster of Piper Jaffray thinks the higher price tag carries higher margins for Apple, increasing its revenue and profit. That's yet another reason Jobs would have delivered the news and taken the victory lap. (See the top 10 iPhone applications...
...estimated 480,000 Californians will be at risk of increased flooding - almost double the number currently living in disaster-prone areas of the state - along with roads, schools, hospitals and other low-lying coastal infrastructure. Nearly $100 billion worth of coastal property could be at risk - and the cost to protect that land from flooding will likely be in the billions, even if we do control greenhouse-gas emissions. "This change is inevitable, and it's going to alter the character of California's coast," says Heather Cooley, a senior research associate at the Pacific Institute and a co-author...
...need to begin protecting sensitive coastlines better than we did in New Orleans. The Pacific Institute study suggests that some 1,100 miles of improved coastal defenses - including dunes and seawalls - would be needed to protect against a 1.4 m sea rise. It won't be cheap - the cost will be at least $14 billion up front, according to the Pacific Institute, with an additional $1.4 billion a year in maintenance costs. But even that might not be enough. "Eventually you could see phased abandonment of certain areas that would experience flooding a lot," says Cooley. We're used...
...legal precedent or basis exists for a re-vote in Minnesota law. (A re-vote was conducted in a 1974 New Hampshire U.S. Senate race, but the margin was just two votes.) Besides, as the state retrenches in the face of a $4.5 billion deficit, another election would be costly. Secretary of state Ritchie, a Democrat, says it would cost the state between $3.5 million and $5 million. "It's pure fantasy, pure baloney," he says...