What new risk do New York state bondholders face in getting repaid?
The state may be unable to pay back off its bonds due to rising sea levels, flooding and erosion tied to climate change, according to the fiscal risks mentioned in offering statements issued as part of the bond selling process. A spokesman for Governor Andrew Cuomo said New York may be the first state to inform investors of such financial dangers.
Why are the new video games at the Lehigh Valley IronPigs baseball park available only to men?
The ladies will be left out because the new "urinal gaming system" will only be installed in the men's rooms. A video display is mounted above each urinal. Gents aim left or right to control the play on the screen. This new variation on streaming media should be available next week. The team's general manager expects the games to "make a huge splash."
What new device is the inventor of the BlackBerry smartphone working on now?
Inventors Mike Lazaridis and Doug Fregin, a co-founder of Research In Motion Ltd., are investing $97 million in a new technology fund to make devices like the medical tricorder from "Star Trek" into reality. The fund, called Quantum Valley Investments, will commercialize technologies from a cluster of research labs that have been bankrolled by Lazaridis. The fund may also back work on quantum cryptography, which is already being used by European banks to make financial transfers more secure.