Word: loss
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...real trouble. If Rite Aid faced bankruptcy it would cause unemployment problems, but it could also trigger a destructive chain of events in the real estate industry by defaulting on store leases at locations all over the country. Neiman Marcus had a same-store sales loss of 30% last month. The company has $3 billion in long term debt and had paper thin operating margins on $1 billion in revenue last quarter, which was down from over $1.3 billion in the same period the year before. Neiman Marcus also has substantial pension obligations...
...PNAS study, led by Henry Adams, a doctoral student at UA's ecology and evolutionary biology department, also confirms that hotter temperatures actually suffocate trees in dry times. Piñon pines respond to drought by closing the pores in their needle-like leaves to stop water loss. That keeps them from going thirsty, but it also prevents them from breathing in the carbon dioxide they need to live - and eventually, the drought-stressed trees simply suffocate. (See pictures of activists defending backcountry forests from logging...
...higher levels of atmospheric CO2 that would likely be seen in a warmer future won't make much of a difference either - if the pine needles' pores are closed to prevent water loss, CO2 simply won't get in. Even more worrisome, the PNAS study doesn't take into account possible changes in precipitation patterns in a warmer future, which many climate models say could be drier, exacerbating the impacts of higher temperatures. "We can envision the landscape getting hammered over and over again," says Breshears...
...place. Last week, officials of the MBTA released budgeting information that included major cuts to its subway services, including ending weekday commuter rail service after 7 p.m., removing customer service personnel from all stations, and cutting enough overall service from its bus lines and rail systems to generate a loss of over 40 million riders annually...
After a debilitating doubleheader loss to Yale (16-18, 5-7 Ivy) on Sunday, Harvard had a chance for redemption yesterday at Soldiers Field.The Crimson (21-12, 7-5) took full advantage, sweeping its rival, 4-0 and 1-0, to gain some important momentum going into the Ivy League stretch run.Led by standout freshman Rachel Brown’s one-hit complete game gem and the clutch play of junior third baseman Melissa Schellberg, Harvard took it to the Bulldogs in the first game, crushing the team, 4-0.In the second contest, junior Margaux Black continued the Crimson?...