Word: resulting
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Dates: during 2000-2009
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Most analysts forecast decent growth for Google in 2009. But Trip Chowdhry of Global Equities Research predicts that the firm will lay off anywhere from 10% to 15% of its employees in 2009 as a result of stagnating revenue. "This is not only for Google. This is for every Internet company that has only one revenue source, which is advertising," says Chowdhry. He estimates that the company will bring in $14.57 billion by 2010, down 4% from an estimated $15.71 billion in 2008. Sanford Bernstein's Lindsay, on the other hand, recently lowered his upbeat forecast for the search giant...
...Next year, workers at Ford plants will earn an average $53 an hour with benefits, the result of a breakthrough industry agreement worked out with the UAW in 2007. That's close to the $49 an hour that workers at the transplants average and far below the $71 an hour with benefits that was the old UAW wage, and that was cited by Alabama Senator Richard Shelby as a reason to oppose any bailout. And the cost differential on enginemaking between Detroit and the transplants will narrow to a couple of dollars by 2011. "You want to just choke these...
What's more, none of that includes a new X factor: global warming. Some areas of the world will grow wetter as a result of climate change, but others will grow dryer, and so far the drying is winning. The area of the earth's land surface classified as very dry has doubled since the 1970s; by 2050, the Intergovernmental Panel on Climate Change believes, that trend will worsen. "You do the math, and it gets a little scary," says Stuart Minchin, a water expert with the Australian Commonwealth Scientific and Research Organization. (See pictures of Australia, the driest inhabited...
...first postelection interview that "any sensible person" would favor a playoff system to determine who's No. 1. And that was before the Oklahoma Sooners sped past Texas in this year's race to the BCS title game despite losing to the Longhorns 45-35 in October--a result purists say should logically make Texas the higher-ranked team...
...turmoil out of Iraq may no longer be bloody and fatal, but politics can result in casualties too. Indeed, the recent successes of Iraq's Shi'ite Prime Minister, Nouri al-Maliki, may have made him a target for the country's increasingly voluble politicians. In his apparent overwhelming confidence in his power, Maliki has recently picked fights with his Kurdish allies, his Shi'ite opponents and his Sunni partners over a variety of issues. Now Iraq's President, Jalal Talabani, who is a Kurd, wants to haul the Prime Minister into federal court, an unprecedented and blistering public slap...