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This Friday, as he has done almost every Friday for the past four years, Ron Peterson will offer antiques, coins, jewelry, furniture and cars at the weekly auction he runs in Monroeville, New Jersey. This is all typical fare for the bidding business. But if you're also hankering for ham and paper towels, no need to run to the supermarket. As the stock market headed south last fall, Peterson, owner of Elmer Auction, LLC, added grocery items like cereals and cleaning supplies to his ledger. And they've sold, to the cash-strapped ladies and gentlemen sitting in each...
...demand for discretionary items sold at most community auctions across the country. Desperate for new revenue streams, auctioneers have started selling basic grocery store items to help pick up the slack. Hungry for bargains, shoppers have started bidding on fruits and vegetables. As long as the final offer comes in below the grocer's retail price, they'll save a few bucks on the essentials. "Right now, the auction business is in a downfall," says Raymond Toler, owner of Raymond's Auction House in Archdale, N.C. He started running monthly grocery auctions in October, after hearing that they were becoming...
...waters they sought to protect, says Lehr, were "an El Dorado for fishing fleets of many nations." A 2006 study published in the journal Science predicted that the current rate of commercial fishing would virtually empty the world's oceanic stocks by 2050. Yet, Somalia's seas still offer a particularly fertile patch for tuna, sardines and mackerel, and other lucrative species of seafood, including lobsters and sharks. In other parts of the Indian Ocean region, such as the Persian Gulf, fishermen resort to dynamite and other extreme measures to pull in the kinds of catches that are still...
...embryonic stem cell lines. The NIH draft policy will not be final until after a 30-day public comment period. "We strongly support the development of unambiguous, ethically sound regulation of the field of embryonic stem cell research, and will carefully consider these proposed guidelines and offer detailed response during the public comment period," the Harvard Stem Cell Institute said in a statement responding to the announcement...
...unlikely that there will be many students who take advantage of this offer on any given day,” wrote Shefte...