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The details of the government's role in keeping the lights on at what was once the nation's largest bank will again be on display on Thursday. For the first time, Citi's CEO will testify before the Congressional Oversight Panel (COP), set up by Congress to monitor the...
Many developers have already slashed prices and chopped overhead, leaving little room for further cutting, notes Bob Curran, a managing director at Fitch Ratings. "It comes down to how desperate the builders and developers are to do something like this - to take 20% off the top - when many have already...
Andrew Herzberg shrugs off such concerns. He says it all comes down to how the assets are managed, how the real estate performs, and, if all else fails, a reinsurance contract. He says the 20% premium fee will be placed into an investment trust and actively managed over the eight...
The real value of this new report, he believes, is that it finally gives scientists a solid baseline against which they can measure changes in methane over the coming years to see if it really is increasing. It's also a perfect example of how climate science actually works, as...
Scientists still don't know exactly how rogue waves occur, nor do they know how to predict them. Open ocean waves, possibly including rogue waves, form when wind produces distortion over the surface of the sea - the stronger the wind, the higher the wave, which is why hurricanes can create...