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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The odds are good a winter storm will bring the first heavy snow from Washington to Boston starting Friday, forecasters said. Comment?
The snow in Siberia has piled up again, and according to one theory this means cold and ice are on the way for New York and other parts of the eastern U.S. That is, if the snow can wrestle El Nino into submission. Before the match starts with El Nino, here's a recap of how the whole winter outlook thing works: It all starts when a large expanse of Eurasia is covered by snow by the end of October, said Judah Cohen, the theory's author and director of seasonal forecasting at Atmospheric and Environmental Research in Lexington, Massachusetts. Comment?
What, you ask? Well, it depends on whom you talk to, because right now everything from the price of natural gas to the Climate Prediction Center , the arbiter of El Nino activity in the U.S., puts it this way: "Across the contiguous United States, temperature and precipitation impacts associated with El Nino are expected to remain minimal during the early Northern Hemisphere fall and increase into the late fall and winter." Or, stop making El Nino the scapegoat when something's awry. Comment?
Power producers who invested billions in turbines are finding that making money off the wind can be as unpredictable as the energy source itself. all said a lack of sufficiently windy days cut into second-quarter sales. Comment?
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