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El Nio likely to hit later this year, recent climate reports show

2014-04-10 21:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The chances have increased over the past month that the much-feared El Nio phenomenon, which has the potential to wreak havoc on global crops, would strike by summer in the Northern Hemisphere, the federal US weather forecaster said Thursday. In its monthly report, the Climate Prediction Center, an agency of the National Weather Service, pegged the likelihood at more than 50%. In March, it said there was about a 50% chance of the weather pattern that causes floods and droughts across the world...

Tags: year show recent reports

 

FTC can sue companies hit with data breaches, court says

2014-04-10 21:20:36| InfoWorld: Top News

A federal court in New Jersey this week affirmed the Federal Trade Commission's contention that it can sue companies on charges related to data breaches, a major victory for the agency. Judge Esther Salas of the U.S. District Court for the District Court of New Jersey ruled that the FTC can hold companies responsible for failing to use reasonable security practices.

Tags: data companies hit says

 
 

US: Costs hit Belk's earnings in fiscal 2013

2014-04-10 16:35:37| Daily apparel & textile news and comment - from just-style.com

A lower margin rate and higher expenses hit earnings for privately-owned department store retailer Belk Inc in its last fiscal year.

Tags: hit costs fiscal earnings

 

FRANCE: Moet Hennessy Q1 sales hit by China destocking

2014-04-10 12:36:22| Daily beverage news and comment - from just-drinks.com

Moet Hennessy has become the latest drinks firm to be seriously affected by the slowdown in China after reporting a slide in first-quarter sales.

Tags: france sales china hit

 

Myanmar clunkers hit the scrap heap, as automakers set sights on new car market

2014-04-10 09:48:15| Auto Dealers - Topix.net

Mike Shwe Hlaing has a lot full of used SUVs and a potentially huge market to sell them to if Myanmar manages to spread some of the affluence blooming in its biggest city to a poor and still mostly road-less countryside.

Tags: set car market hit

 

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