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WINTER IMPACT NEWS
Wal-Mart income, comp sales down in the first fiscal quarter
MAY 2014
Officials with Wal-Mart Stores Inc. said bad weather and a currency exchange rate were partially to blame for a comparable decline in net income in the first fiscal quarter and total revenue that was just 0.8% higher than the same quarter in 2013.
Ice melt in part of Antarctica "appears unstoppable" NASA says
CNN 2014
The heat makes the grounding line retreat inland, leaving a less massive ice shelf above. When ice shelves lose mass, they can't hold back inland glaciers from flowing toward the sea. Glaciers then flow faster and become thin as a result, and this thinning is conducive to more grounding line retreat, NASA said.
Arctic ice melt sets for severe winters, scientists say
Cornell Chronicle 2012
The dramatic melt-off of Arctic sea ice due to climate change is hitting closer to home than millions of Americans might think. THat's because melting Arctic sea ice can trigger a domino effect leading to increased odds of severe winter weather outbreaks in the Northern Hemisphere's middle latitudes.
Are Winter Storms Disrupting Real Estate Business in NYC?
Commercial Observer 2014
It has been just brutal outside, a mess of snow, sleet, rain, ice and slush requiring acrobatic skills to jump from snow mound to snow mound. While surfaces are icy, subway service has been interrupted, states of emergency have been declared and people are cold, has the wintry mix impacted the business of real estate in New York City?
Extreme winter weather causes widespread disruption for U.S. economy
PBS 2014
The latest round of storms in the South and Northeast may be over, but places that have spent much of the winter digging out or bundling up are also feeling an economic bite. Mark Zandi of Moody’s Analytics joins Jeffrey Brown to discuss how cold, snow and serious drought have disrupted employment, retailers, housing and automakers, all still recovering from the recession.
Atlanta restaurant loses $75K due to storm
CNN Money 2014
When Cliff Bramble walked into his Atlanta grocery store late Tuesday night, shelves were empty and a clerk said the impending storm had nearly doubled sales. He had to laugh at the contrast. The storm closed his three restaurants and wine bar -- and he was about to lose out on at least $75,000 in sales.
Winter rooftop risks: what you need to know to prevent a collapse
Fox News 2014
This winter following a series of snowstorms in the Northeast, the roof of the WGAL Channel 8 studio in Lancaster, Pa., oartially collapsed due to snow and ice on Friday, Feb. 14, 2014, according to Lancaster Online.
Snowstorm bears down on south
Fox News 2010
"It's such an unusual event for this area, we don't maintain a stockpile of salt or anything."
Airlines scrapped more than 1,800 flights, many of them at Hartsfield-Jackson Atlanta International Airport, which sees 2.700 arrivals and departures on an average day. Of that total, hundreds were halted at Dallas-Fort Worth International Airport, which got more than a foot of snow from Thursday into Friday.
