Word: petered
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...according to a study published in the July 3 Science, El Niño is changing - and that could mean more hurricanes for the already battered western Atlantic coast. Climatologists led by Peter Webster at Georgia Tech found that in some El Niño years, the ocean warming associated with the event is moving thousands of miles west, to the center of the Pacific Ocean. Called El Niño Modoki (after the Japanese term meaning "similar, but different"), the new El Niño seems to shift Atlantic cyclones to the west, resulting in more frequent storms...
...Staff writer Peter F. Zhu can be reached at pzhu@fas.harvard.edu...
...This Peter Pan died just as he was showing signs of adult behavior. In 2005, Jackson saw Ron Burkle, the billionaire chairman of Yucaipa Cos., at the funeral of Johnnie Cochran, who had defended Jackson. Burkle, a person close to the matter told People, "told him in a very honest way that he kind of had to grow up, and as an adult, you have to start paying attention to where your money is going. Ron advised him to cut his spending or go back to work." Jackson sold Neverland to a partnership run by Colony Capital, a private-equity...
...calls from China for an alternative reserve currency, and "the likelihood is the dollar's going to remain under pressure," says Simon Derrick, head of currency research at Bank of New York Mellon in London. "You're going to see it continue to slide." (Watch TIME's video of Peter Schiff trash-talking the markets...
...well say that something much bigger is at stake here than just paying off debt. "It's just like any family feud, where the arguments drag on and on for no logical reason, and just when you think that you have it sorted out, it flares up again," says Peter Schmidt, who runs a British-based consultancy called Automotive Industry Data. Already, he worries, the fighting "is detrimental to both companies, not just on suppliers and workers but also on the way it's affecting their image in a negative manner...