The best news: the countdown clock at the sidebar at the right is finally under 1100 days. Wow, by now George W. would have been impeached had all this been going on under his watch. MSNBC, led by Rachel, would have had tingling feelings up and down their legs.
UPS blames profit miss on six fewer shopping days between Thanksgiving and Christmas. [Drudge has the headline wrong, by the way.] BloombergBusinessWeek had a several-page story on calendar-obsessiveness by UPS before this debacle. It was in the hard copy I had; let me see if I can find it on-line. Yes, here it is:
If Abell can’t come up with a viable scheme, UPS is in trouble. The company expects to ship more than 132 million parcels globally during the week before Christmas alone. If it can’t find space for them all, retailers will almost surely turn to FedEx. In addition, Abell must keep a lid on costs. In the past some investors have worried that UPS is too e-commerce focused.
David Vernon, an analyst for AllianceBernstein, notes that it’s usually more profitable to carry large shipments to businesses than to transport books to the cozy homes of Internet shoppers. But he says UPS is managing to turn a profit on the latter with careful planning. “I think some of those fears are starting to recede,” he says.
Maintaining profitability is especially difficult during peak season when UPS’s delivery expenses rise. This year, UPS is adding 55,000 part-time holiday workers, leasing 23 extra planes, and effectively building a second trucking fleet to handle the seasonal package flow. None of this is cheap. It’s up to Mr. Peak to plan accordingly.Talk about EGG ON FACE.
From Breitbart: New Jersey is least economically solvent state in the US. Can you spell "moretaxes"?
Well, his threat worked. If Congress won't act, he said he will, by executive order ... and his approval rating is back into the 30's.
On global warming:
- scientists baffled
- "solar lulls" coincide with bitterly cold weather
- "sun gone to sleep" -- BBC
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