Word: shorted
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...Home resale rates rose 5.1% in February to an annual rate of 4.72 million, according to the National Association of Realtors. In the same breath, the organization said 45% of the activity was foreclosures or short sales. Because of the huge discount that most buyers get when they buy homes in foreclosure, the average price of a house fell 15.5% to $165,400. (See pictures of Philip Johnson's glass house...
...Bristol Bay, where more than 40% of all wild seafood consumed in America is caught, the result would be not just an environmental disaster, but also an economic one. The Bristol fisheries bring in over $2 billion to the Alaskan economy annually - losing the bay even for a short time because of a spill would be "devastating," says Colburn. "We don't know the impacts on juveniles. We don't know the impacts on soft-shelled crab. To me, [oil exploration] is just such a near-sighted policy...
Mills, a 2008 Olympian with Israel, was the No. 1 seed entering the tournament. She posted a 21-2 record in the first seven rounds, but fell short 15-9 in the women’s epee gold medal match. Both Vloka and Mills were named All-Americans for their efforts...
...economic output in 2019. In other words, if the CBO estimates play out without a change in policy, Obama is on track to accomplish exactly what he promised to change during the campaign, creating a massive burden for the next generation to fund politically popular policies in the short term, like tax cuts and spending programs. (Read "How to Understand a Trillion-Dollar Deficit...
...Nano sales won't do much in the short run to ease the burden. But Tata Motors' efforts to pioneer cost-saving business processes during the Nano's development could translate into a healthier bottom line down the road. One of these innovations is "distributed manufacturing." Instead of investing in expensive factories and hiring additional workers as sales volumes increase, Tata Motors plans to limit Nano production at its central plant to 500,000 cars every year. Beyond that, it will use satellite plants to build the car's components and distribute these in Nano "kits" to independent entrepreneurs - trained...