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...chilling frugality may remain in the air, but buds of optimism for retailers are sprouting nonetheless. The National Retail Federation (NRF), in its 2010 outlook released Tuesday, Jan. 26, expects retail sales to rise 2.5% on average in 2010, reversing the 2.5% decline seen in 2009. "As we continue to see signs of improvement throughout the U.S. economy in 2010, overall sentiment will begin to lift, making way for slight increases in consumer spending," said Rosalind Wells, NRF's chief economist. Although shoppers will continue to be "frugal," - yes, even she expects it - retailers will benefit from leaner, smarter inventories...
...colleagues explain in a recent paper in Geophysical Review Letters, the analysis of what the satellites were seeing was wrong. Some of what satellites identified as thick, melt-resistant multiyear ice turned out to be, in Barber's words, "full of holes, like Swiss cheese. We haven't seen this sort of thing before." (Read "Arctic Mystery: Identifying the Great Blob of Alaska...
...that was 2007. Over the past week or two, the IPCC has seen its reputation for impartiality and accuracy take serious hits. First the global body admitted to an embarrassing factual mistake: the claim in the 2007 report that the glaciers of the Himalayas could disappear by 2035 if the world continued warming at its current rate. That finding was revealed to be false, and worse, it was discovered to be based not on any peer-reviewed science but on a speculative comment made to a New Scientist reporter by one researcher...
...feel like I’ve seen six seasons of Harvard men’s hockey the past three years. What do I mean by that...
Since Gomes’ arrival on campus in 1970, the religious climate at Harvard has seen significant changes. When Harvard stopped requiring students to attend chapel daily in 1886, the University earned the moniker “Godless Harvard” from counterparts Yale and Princeton Universities. Yale stopped the requirement in 1926, while Princeton ceased the practice...