It's been another warm, rainy day in much of the Northeast, with temperatures in some areas topping 40 degrees. If you hate shoveling snow, or paying big heating bills, that's good news. But for people who love winter sports — and for thousands of businesses that rely on snow for winter tourism — this month's October-like weather has been painful.
When the internet kills a big box retailer, Gordon Brothers is the undertaker.
"They're stuck with selling the things that are inside the box," says bankruptcy lawyer Steve Jakubowski.
Gordon Brothers specializes in retail liquidations. When a store dies, they put on a suit, greet the guests and sell them whatever remains. And that means everything — not just books and clothing and DVDs, but shelves, lighting fixtures, even the chairs.
Brazil is now the world's sixth biggest economy overtaking the U.K., according to the Centre for Economics and Business Research. As the Financial Times puts it, it's another milestone that's part of a larger trend where emerging economies outpace developed ones. China, they report, overtook Japan earlier this year.
Congressional approval ratings are on the rocks, hovering in or near single digits for the first time since pollsters started measuring them. But just how bad is the current congressional stalemate?
Thomas Mann, senior fellow of governance studies at the Brookings Institution in Washington, is working on a book about Congress with a title that provides a succinct answer: It's Even Worse Than It Looks.
In modern history, Mann says, "there have been battles, delays, brinkmanship — but nothing quite like this."