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A series of strokes hastened his decline, leaving him barely able to eat or speak.
But public spending on research is in secular decline, leaving private firms to pick up the slack.
Shopping centers are facing increased competition — not least from online retailers — and in many cases are seeing rents decline, leaving them unable to pay mortgage interest.
The value of retail sales fell by 2.7% in December, the sixth consecutive monthly decline, leaving them 9.8% below their level a year earlier.
Conventional risk pools (for home or car insurance, for example) are shrinking as preventable accidents decline, leaving the slow-footed giants of the industry at risk.
Second, since new bonds offer higher rates, the prices of their old bonds decline, leaving them with a capital loss if they have to sell their bonds.
Similar(40)
The decline left the shares down nearly 82percentthis yearar.
"The decline leaves us concerned," said Jack Rosenthal, president of The New York Times Company Foundation.
The decline left the shares down 55percentt for the week.
Wednesday's decline left the Dow down nearly 10 percent for the second quarter.
The decline left the jobless rate unchanged from January at 9percentt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com