Word: thursdaying
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...tapped out and defaults are ratcheting up. "With charge-offs rising so fast and beyond what was expected, the losses those cause will far surpass what companies were hoping to make up with by extra card fees and higher interest rates," says Nishikawa. Nonetheless, the industry keeps trying: on Thursday, embattled Citigroup announced that, in addition to 10,000 layoffs, it would impose higher interest rates on some of its 54 million cardholder accounts. Citigroup's credit-card division lost $902 million in the third quarter...
...That's why a decision issued on Thursday by the Environmental Protection Agency's (EPA) Environmental Appeals Board is so important. Responding to a lawsuit filed by the Sierra Club over a new coal plant being build on American Indian reservation land in Utah, the board ruled that the EPA has no valid reason to refuse to regulate the CO2 emissions that come from new coal-powered plants. The decision pointed to a May 2007 ruling by the Supreme Court that recognized CO2, the main cause of climate change, is indeed a pollutant under the federal Clean...
...Generating Station in Vernal, Utah, part of their nationwide campaign to stop new coal. The 110-megawatt plant, which received its EPA permit in July 2007, would have emitted 3.37 million tons of CO2 a year - the equivalent to putting another 660,000 cars on the road. In detail, Thursday's decision means that any new air pollution permits for coal plants will require that Best Available Control Technology (BACT) be used to reduce CO2 emissions, the same criteria currently used for other pollutants, like sulfur dioxide or soot. BACT requires companies involved in power plants to use the best...
...next lecture in the series, “Poetry as History,” will be given next Thursday by Mohammed Sharafuddin, chair of the Department of English at Arab Open University, Kuwait...
...teach and encourage responsible drinking. Adams HoCo claims it saves them money. These reasons may be legitimate to varying degrees, but the true reason Smada should be celebrated is because it inspires house spirit in this post-randomization age of apathy. People piled into the upper common room last Thursday to try the house beer for the same reason they got riled up during the Eliot vs. Adams rug scandal of 2008 and the Pfoho gong drama of ’99. Our ancestral sense of house spirit was called forth. We wanted to be a part of a petty...