Word: flooding
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...only are the Citigroup shareholders likely to be out of luck, especially if the Fed, Treasury, and FDIC have to step in again, but most of the preferred shareholders and debt holders will be wiped out in the flood as well...
...striking palette of tastes and textures has long been a hallmark of Chinese cuisine (think sweet-and-sour soup), and this affinity for taste-bud workouts has carried over to trendy drinks. The countless drink stands that line Taiwanese streets flood the thirsty soul with endless variations of bubble teas, a.k.a. hot or cold teas with chewy tapioca balls and tropical juice blends. One popular combo, green tea with passion fruit, tapioca pearls and chewy coconut cubes, helps explain why 85°C's next coffee innovations will use panna cotta and fresh fruit...
...sharp drop in what it makes and exports. More importantly, large numbers of Chinese are leaving the huge new industrial cities and going back to rural regions where they can at least find work growing their own food. What is more than a trickle now could become a flood. Those who have gone back to non-industrialized sections of the country will not be net consumers...
...dollars in financing for improvements and development, and health-care services for the elderly, infirm and poor will most likely deteriorate. State employees are facing payroll cuts, unpaid leaves and a hiring freeze. Money for firefighting in parched Southern California is drying up, as is financing for levees in flood-plagued northern environs of the state. And that's just for starters as California faces a budget deficit of more than $41 billion over the next 18 months. (See pictures of the aftermath of a California firestorm...
...idea for the app actually came from Stanford's Flood and Black; an Apple campus rep put them in touch with Beykpour and Wasserman, who are the designated "Apple evangelists" on campus. Beykpour said that while the app launched the first day of October, it didn't really take off until two weeks later - when he and Wasserman made a spoof of the famous iPhone ad, which ran on the Jumbotron during the Oct. 11 Stanford homecoming football game. Wasserman said the duo sought approval from an Apple exec before airing the ad and got an e-mail back saying...