Word: shutting
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...Miami area alone, more than doubling what was required before. Worst of all, traffic would slow where the roadway narrows in Palm Beach County. "You?ll have traffic jams backed up for miles," says Metropolitan Planning Organization Director Randy Whitfield. "If you have an accident, it will totally shut down the evacuation...
...most vulnerable? While 50 to 60 days' supply of cars is considered ideal, Chrysler is sitting on a 71-day supply and GM has an 82-day supply even after keeping most of their factories shut since the beginning of May. Some foreign-based automakers had even higher numbers: Suzuki has a 108-day supply, Jaguar dealers are sitting on a 92-day supply, Mitsubishi stands at 84 days and Mazda has 78 days of supply, according to estimates from dealers collected by J.D. Power & Associates. Honda, which traditionally has kept inventories lean, has a generous 64-day supply; Daimler...
...bankrupt after a six-decade run. The Las Vegas Art Museum shuttered in late February after 59 years. And the Milwaukee Shakespeare Theatre Company disbanded last October after nine years. "Shocking" is how former marketing director Kristin Godfrey described her reaction when she learned the troupe had to be shut down. As a result of plummeting investments at the Argosy Foundation - which sponsored two-thirds of the company's operating budget - the annual contribution became an impossible check to write. Six weeks was all it took, Godfrey says, from the announcement that their main donor was pulling...
...employees at risk. "We warned a long time ago, as far back as 2003, that there were faults on the wheels of Berlin's S-Bahn trains," says Oliver Kaufhold, a spokesman for the German rail union Transnet. "When a third of the city's engineering depots have been shut down and they've cut back staff numbers, it's obvious something will crack one day." (See pictures of Barack Obama visiting Berlin...
...dangers of bubbles over the past decade - are increasingly wary that prices have risen too far, and that the slightest bit of negative economic news could knock markets for a loop. These fears are compounded by the possibility that Asia's central bankers will begin taking steps to shut off the money spigots and bring the party to an end. On July 29, rumors that Beijing was on the verge of tightening credit sent Shanghai stocks plunging 5%, their biggest decline in eight months...