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Obama Interior pick: Global warming hurt profits

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Politics,Paul Bedard,Washington Secrets
REI, the popular outfitter run by President Obama's choice to head the Interior Department, cited the impact of global warming as a reason for poor profits in its most recent annual report. "We experienced strong sales in 2011. However, because winter weather failed to arrive, our profitability was impacted," said Brian Unmacht, executive vice president of Recreational Equipment Inc., which has...