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Tag: Shrink
GameStop shares tumble after CEO says store network will shrink
By Suzanne McGee and Priyanka G (Reuters) – Shares of GameStop tumbled on Monday after CEO Ryan Cohen told investors that the videogame retailer plans to operate a smaller network of stores, but did not provide details on what it intends to do with its cash pile. GameStop shares were down 11.6% at $25.38 on […]
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How do ‘moving rulers shrink’? The strange physics behind special relativity
Albert Einstein at the blackboard. Special relativity is beyond weird. Among its many statements are that moving clocks run slow and that moving rulers shrink. But how are we supposed to make sense of this? To understand the physics of relativity, we have to dip back in time a bit. In 1865, James Clerk Maxwell […]
US dedicates $60 million to saving water along the Rio Grande as flows shrink and demands grow
ALBUQUERQUE, N.M. (AP) — The U.S. government is dedicating $60 million over the next few years to projects along the Rio Grande in southern New Mexico and West Texas to make the river more resilient in the face of climate change and growing demands. The funding announced Friday by U.S. Interior Secretary Deb Haaland marks […]
A Stunning New Material May Shrink Humanity’s Carbon Footprint
“Hearst Magazines and Yahoo may earn commission or revenue on some items through these links.” Humans produce roughly 35 billion tons of CO2, and while the world can reliably soak up half that amount, it‘s clear the planet needs help to combat anthropogenic climate change. A new solution from Scotland’s Heriot-Watt University is a porous […]
China’s March exports and imports shrink, miss forecasts by big margins
By Ellen Zhang and Joe Cash BEIJING (Reuters) -China’s exports contracted sharply in March while imports unexpectedly shrank, undershooting forecasts by big margins, highlighting the stiff task facing policymakers as they try to bolster a shaky economic recovery. The dour data represented a setback for the world’s second-largest economy after a generally better-than-expected start to […]
Macaque monkeys shrink their social networks as they age – research suggests evolutionary roots of a pattern seen in elderly people, too
There are many changes that can come with old age – hair turns gray, eyesight isn’t quite what it used to be, mobility often becomes limited. But beyond these physiological changes, people also experience changes to their social world. As we age, our social circles tend to get smaller. Such declines in social networks have […]
Republican House majority to shrink as Mike Gallagher steps down
The Republican majority in the US House of Representatives is set to dwindle further with the early exit of Mike Gallagher of Wisconsin, once a rising star of the party. A former US Marine who twice deployed to Iraq, Gallagher, 40, is a relatively moderate voice in party at the mercy of the far right. […]
Shrink in multinational sector ‘shows Ireland can’t rely on one part of economy’
A shrinkage in the multinational sector of Ireland’s economy last year shows Ireland cannot rely on one part of the economy and needs budget surpluses, Paschal Donohoe has said. The Public Expenditure Minister said that despite global uncertainty, the country can “take heart” from some figures on Ireland’s economy. Figures published by the Central Statistics […]
New York special election to replace Santos could further shrink a thin GOP majority
WASHINGTON — Last week, the Republican Party suffered a stinging blow due to its narrow majority when a resolution to impeach Homeland Security Secretary Alejandro Mayorkas fell short by a mere one vote and left party leaders stunned. It marked an embarrassing defeat for Speaker Mike Johnson, R-La., and caused a wave of recriminations as […]
US banks’ profits to shrink as they brace for souring loans
By Tatiana Bautzer NEW YORK (Reuters) – U.S. banking giants are expected this week to report lower profits for the fourth quarter after they set money aside to cover souring loans while also paying more to depositors. The largest banks’ net interest income (NII) – or the difference between what they earn on loans and […]