Word: weatherings
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...tarmac, waving and crying and asking for autographs. The musicians waved back and then climbed onto the plane. Snow blew across the runway but the sky was clear. Peterson received clearance from the control tower, taxied down the runway and took off. He was never told of two weather advisories that warned of an oncoming blizzard...
...Super Bowl Sunday evening in the Rauch Planetarium. The city's Oxmoor Center may have well been the busiest shopping mall in America this weekend: it became a temporary haven for powerless residents seeking a place to warm up while they window shopped. (See pictures of weird and wacky weather...
...Throughout Japan, managers are slashing production and restructuring to try to weather the economic downturn, which economists say could continue for the next two or three years. "Demand has been falling off a cliff since the collapse of Lehman Brothers," says Hiroshi Shiraishi, an economist at BNP Paribas in Tokyo. Shiraishi says exports declined a "massive" 15% in real terms last quarter...
Victoria-based Weather Bureau meteorologist Dr Harvey Stern blamed weeks of westerly winds for blocking colder blasts of air that would normally reduce temperatures. "It's very unusual for Melbourne. The only similar heat wave was in 1908 but that wasn't as hot," he says...
...BofA wasn't alone. By early 2008, nearly all the big banks were poorly positioned to weather a downturn - particularly this downturn. Accounting rules demand that banks take a hit to their earnings by the value of a loan when it becomes clear a borrower is not going to pay it back. When a bank's loan losses are greater than its income, it has to take money from its shareholders' equity account to make up the difference. That's a big deal for a company's investors. If shareholders' equity is wiped out, their stock is effectively worthless...