Ted Givens, an architect with Hong Kong’s 10Design created this prototype for a tornado-safe home. Hydraulic levers pull the Kevlar-coated house into the ground when high-velocity winds pass by. The high-tech structure’s roof then locks so water and wind can’t enter. Once the weather clears, the house unfolds and residents resume normal life. :: Read more
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Mardi Gras: Venice, Italy 2011
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- MORGAN STANLEY: Here's What Japan Will Do If The Market Keeps CrashingMorgan Stanley economist Takeshi Yamaguchi weighs on the question of what's likely to happen if the market keeps crashing, as happened on Thursday, when the Nikkei fell 7%. In case of prolonged corrections, additional policy ‘arrows’ would likely support the economy: The emergency press conference by Economy Minister Amari on May 23 may have not been re […]
- Markets Are Lower After Another Insane Day In JapanOn Thursday, Japan crashed 7%. On Friday the market gained, but it was very strange. Check out the intraday chart of the Nikkei The index surged by 3% in early going. Then at one point it was down nearly 500 points on the day. Then in the end it scraped out a mediocre gain. This is going to shake the world seeing this. Meanwhile, Australia lost another 1.6%. […]
- P&G CEO Bob McDonald Steps Down After Pressure From Bill Ackman, Activist Investor (PG)Bob McDonald, the 59-year-old CEO of Procter & Gamble and a 33-year veteran of the company, has stepped down suddenly. He will be replaced by an old hand: his predecessor, A.G. Lafley (presumably on a temporary basis — Lafley's 65 and has already been CEO once before). P&G is the world's largest advertiser, with a global media budget of mor […]
- MORGAN STANLEY: Here's What Japan Will Do If The Market Keeps Crashing
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