Word: plummetted
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...company's bottom line. "I don't think it is ever going to be a hugely profitable enterprise for Starbucks," says InStat/MDR analyst Mike Wolf. Pyramid, an analyst firm, predicts that the monthly wi-fi revenue per customer for all public hot spots around the globe will plummet from $30 today to just...
After his narrow victory, Davis promptly announced an astonishing state budget deficit of $38 billion. This wasn't entirely his fault--the recession had caused capital-gains tax receipts to plummet from $17 billion to $4 billion--but Davis had not been honest about the looming disaster during the campaign, and instant karma got him in the form of Darrell Issa, a millionaire paleo-conservative Congressman who bankrolled the successful recall petition drive...
...After his narrow victory, Davis promptly announced an astonishing state budget deficit of $38 billion. This wasn't entirely his fault-the recession had caused capital-gains tax receipts to plummet from $17 billion to $4 billion-but Davis had not been honest about the looming disaster during the campaign, and instant karma got him in the form of Darrell Issa, a millionaire paleo-conservative Congressman who bankrolled the successful recall petition drive...
...cities are no longer summer deserts. Madrid and Barcelona, for instance, only a decade ago looked neutron-bombed in August. Everything shut, everyone off to la playa or el pueblo. Today, many Madrileños and Barceloneses are rediscovering their cities in summer - and loving them. Noise levels plummet, there are parking spaces to pick from rather than pull knives over, many restaurants and shops stay open to cater to locals and people avoid the worst part of travel - the traveling itself. In Paris, they've gone as far as faking a beach. Paris Plage has just begun...
Davis has seen his approval rating plummet to a mere 27%. Constituents are outraged that the budget surplus he inherited when he entered office has deteriorated to a deficit of $38 billion, and that he's championing an $8 billion tax increase. But few could have expected that these problems would exact such a swift political price. If the recall proponents get 900,000 valid signatures by mid-July, a costly special election will be held in the fall. Voters will be asked whether Davis should be removed from office--and, on the same ballot, which candidate should replace...