• Insurers have only been able to contemplate starting major repair work in the past six months, he said.

    NPR: 2 Years On, Slow Quake Recovery In New Zealand

  • General Dynamics NASSCO, a major ship design, construction and repair company, mailed warn letters to about 1, 040 employees in San Diego, Norfolk and Mayport, informing them that they could be indefinitely laid off in April -- at the end of April through the summer, due to the possible cancellation or delay of maintenance and repair work and uncertainty created by sequestration.

    WHITEHOUSE: Press Briefing

  • The world held its breath for weeks as TEPCO struggled to contain the radiation, restore electricity to the site, and repair cooling systems to prevent major core meltdowns.

    FORBES: The Future of Atomkraft

  • Therefore, full safe clearance is never done during the day (except in emergency repair situations), and nighttime is the only time all the major maintenance work can be completed.

    FORBES: Why Does BART Need To Do Nightly Maintenance?

  • Third, the financial industry, and the major investment houses, in particular, are facing reputation issues that take time to repair, especially in the face new issues like the LIBOR scandal—just take a look at Nomura Holdings (NYSE:NMR) and Mitsubishi UFJ (NYSE:MTU), which trade at a fraction of their 1989 all time highs.

    FORBES: 1 Tempting Contrarian Trade

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