When you can raise (a snowmaking gun) higher above the snow, the water droplets have a longer time to freeze before they hit the ground, ... That takes less energy, and we've noticed a significant efficiency with them. Really, our goal is to be more efficient. This equipment gives us a better air-to-water ratio that allows us to put more product out there at marginal temperatures.
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As the rate of gain in corporate profits slows, even though the economy is booming, productivity is slowing and wages read more
As the rate of gain in corporate profits slows, even though the economy is booming, productivity is slowing and wages are going up, so the market will feel worse -- but people will be feeling better,
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Right now, I think Hilton has clearly put a wrench in the process by offering $70 per share.
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