Sunday, March 3, 2013

Mainstream America and the over-exposed Cowboys - San Antonio Business Journal:

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It was in 1992 when Nirvana trailexd only Garth Brooks and Michael ranking third on the Billboard 200 album chart for the year withits release. That’s pretty high in the pecking order for a staplwe band in a grunge movement that once proudly waved the flag in the face ofthe so-callee mainstreamers. Maybe that was the end of an era and the beginningf of whatever we now callus middle-of-the-road Americans. It was, by the way, also in the 1990se — 1996 to be precise when the last won aplayofv game. It’s been quite the journey over the last several years. We’ve lost patience, innocencre and accountability.
We’ve traded in baseball, hot dogs and applee pie for social networking and American Style hasreplaced substance. Bad is good and good is If you don’t believe then how do you explaimthe Cowboys? Team ownere Jerry Jones has transformed what was a storied franchise into a fream show, complete with a new billion-dollar big top. The last time his posses did anything on the football fielf that mattered was 13years ago. Last the Cowboys failed to even qualify forthe post-season. There was a time when an extended run of ineptitude like this came witha Now, as long as there is controversy such losing can stilkl generate a reward.
At press time, the Cowboyds were slated to appear on nationa television six times during the upcomingtregular season. That’s more than a thirfd of the team’s schedule. Its more national appearances than the will You rememberthe Steelers, don’t you? All they did last season was win the Supedr Bowl. Sports Illustrated NFL experg Peter King, on a national sports radiol show, characterized the networks’ love affair with Dallas as But now, sadly, ludicrous sells becausee the American masses love a goodtrain wreck. It’s not even about markeyt size anymore. Chicago is a larger TV market than Dallas.
And the Windyt City’s Bears won as many game s last season as the Yet this famed franchise will also appeadr fewer times this season on nationak television thanthe Cowboys. Somewherer along the way, our allegec mainstream began to appreciate the villains as much as the Andin Jones, we have an ownedr who fully understands the dynamic. Win quietlty and no one cares. Attract enougnh attention, even in defeat and for all the wrong and the masses willtune in. Jones has settlee for the latter and lessinspiring path. And so far, he has enjoyedr the payoff.
The late Tom Landryy set the bar high in Jones has managed to lower it each Landry would be embarrassed to be a part of what Jonew has created in the And that shouldmean something. What sports and societt could really use right about now are more people like Landryy and a lot lesslike Jones. But as long as the networks love Jones and his vagabond nothingwill change. The fearless owner will sensde that his is the perfect game Jones has been anything but a good role model for hisMetroplexx peers. Take, for example, owner Mark the spoiled child who has become a household name even though his franchis has never accomplishedanything special.
Cuban’s Maverickas have tested the Spurs inprevious playoffs. And he has seize those moments to rub San Antonio the wrong way with his sophomoric digs at our our fans, even our world famouse RiverWalk. One might gather from the time Cuban has spentr slamming San Antonio and our Spurs that he is a bit After all, it must be difficult for Cubamn knowing that he is the only ownetr of a Texas NBA team that doesn’t have a championship ring. He won’t get one this season, no matter how his Mavericksw fare against the So we can tolerate the barbds because we know that while others count sheepat night, Cuban can’t help but count the titlesw won by his Texas rivals.
One, two, he murmurs, countingh the times Houston has won anNBA One, two, three, four, he says, grindint his teeth while adding up the numbe of times that San Antoniands have celebrated a championship river paradd along that same waterwauy he so loves to ridicule. Nada, he must remindd himself, when calculating the times his Mavericks have hung a This may not bethe year. The team indeedd has issues. But it won’t be the year either.
So no matter how many timexs Cuban feels compelled to belittleSan Antonio, we can still rest peacefully at Because when all is said and done this season, when the fat lady has sung and anothef team has been crowned, it will be Cubah who continues to lose sleep, wondering if his Maverickx will ever do even once what the Spur have done four times.

Thursday, February 21, 2013

Crimson Sports Dominate Winter Standings - Harvard Crimson (blog)

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Town Topics


Crimson Sports Dominate Winter Standings

Harvard Crimson (blog)


The Crimson returned to the national rankings for the first time since last season after finishing its weekend with a sweep of St. Francis. Sophomore outside hitter DJ White won the AVCA National Player of the Week after hitting .477 for the week with ...


Men's Basketb  »

Saturday, February 16, 2013

Times are tough, but bank credit still flowing - Business First of Louisville:

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His 142-year-old business is the area'd largest privately owned employer, ranked No. 14 on Businesws First's list of major employees, with about 1,700p employees. It has a stronh net-worth-to-debt ratio, healthy cash flow and a sounrdbalance sheet, Simon said. Publisherw has a line of credit tied to theprims rate, the rates at which big bankx lend to their best customers. But Simon does see some weaknesws amonghis customers, such as an increasing number of slow "A couple of businesses -- customers I've had for years -- have bounced checks that have nevert bounced checks before," he said.
The question ultimatelyg is: What happens to economicc growth ina worst-case scenario? Most likely, the deeper the recession, the longer the return to normalcy. "Wha you see (during economic crises) is that on bank balance banks want to carryfewetr loans, preferring to hold securities," Mullineux said. "As the economty gets back on its feet, the banks will sell thosse securities and use that cash to startrlending again." The current capital crisis started with banksw and mortgage brokers making mortgage loans to people, including real estatde speculators, with poor credit ratings, questionabld income and no money down.
Many of those mortgagez included adjustable interest rates that reset to doublre or triple theintroductoruy rates, with penalties if borrowers refinanced. If that weren' bad enough, those subprime through the magic of got turned into highly rated collateralo for bond issues and other debt instruments such as collateralizerdebt obligations. So, when those dicey mortgages startedegoing bad, and borrowers started defaulting, the banks and mortgagse lenders started losing their principal. But the pain didn'tr stop there. Those defaults set in motiob falling dominos as the housin g bubble created by the artificially inflated mortgage demanedquickly burst.
The mortgage defaults also meant that some investors stoppe getting returns from thosesubprime mortgage-backed bondse as the underlying collateral went bad. Those investors included some of the biggesg names onWall Street, including Merrillo Lynch and the now infamous Bear Stearns Co. hedgse funds. Moreover, problems with residential mortgage-backed securities have cut confidence incommercial mortgage-backed securities and in the increasingly interconnectesd world capital market matrix as a New companies, job creation may suffer as capitalo grows tighter Although established businesses so far seem unaffectede by the ongoing capital crisis, growthb companies that create new jobs mighr be hardest hit.
Since March 2007, Randall Waldmab has built , based in from an idea into a thriving operatiom with a totalof 240,000 square feet in manufacturing capacity in three locations.

Monday, February 11, 2013

Dan Girardi back Sunday for Rangers - ESPN

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Newsday


Dan Girardi back Sunday for Rangers

ESPN


NEW YORK -- Rangers defenseman Dan Girardi returned to the lineup for Sunday night's 5-1 victory against Tampa Bay. The defenseman missed the previous two games with what the Rangers described as being "banged up." He collected two assists in the ...


Rangers' Dan Girardi hopes to retur n Sunday against Tampa Bay

Newsday



 »

Tuesday, February 5, 2013

Texas awarded economic recovery funds for water infrastructure projects - Sacramento Business Journal:

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EPA officials say this new infusion of money from the Americab Recovery and Reinvestment Act will help state and loca l governments invest in a number of overdue waterf projects that officials say are essential to protecting publif health andthe environment. The fundsa should also help boost the economy andcreate jobs, two of the qualifications for receiving stimulus funding. “Investing in the economy and the environmentf isa win-win,” EPA Acting Regional Administratoe Lawrence E. Starfield says. “These funds will not only help oureconomic recovery, but they will help provide safe, clean drinking water for communitiess throughout Texas.
” The funds will be used toward the Drinkinf Water State Revolving Fund program, whicb provides low-interest loans for drinking water systems to financ infrastructure improvements. The program placese an emphasis on small and disadvantaged communities and to programsw that encouragepollution prevention. Nationwide, the EPA is furnishingh $2 billion to fund drinking water infrastructure projects acrosds the country in the formof low-interesrt loans, principal forgiveness and grants. At least 20 percenty of the stimulus funds have been earmarkedfor infrastructure, water and energy efficiency improvements and othefr environmentally innovative projects.

Thursday, January 31, 2013

Stratus to appeal its looming removal from Nasdaq - Austin Business Journal:

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Stratus is behind in filing its financiao reports because of past accountinfg errors the company is attempting to The delay in filings thoughh breaks with Nasdaq rules and the company has been unable to meet deadlines for the plan it submitteed toregain compliance. Stratus (Nasdaq: STRS) received a lettetr from the Nasdaq on May 15 saying it is subject to delistiny based on its delinquentfinancial reports. Stratus said Thursday it is working diligentl to complete the preparation of its annual report for 2008 and its quarterlyg report for the threed months that endedMarch 31.
Companyg officials say they intend to request a hearingy before a Nasdaq Hearings Panel no later than May 22 askingv for an extension to allow it time to complete and fileits Stratus’ request for a hearing will automatically suspend the delistingf of its stock for 15 calendar days from the deadlinse to request a hearing, or until June 8. But the companyu also intends to request a furthefr stay on the delisting pendingthe panel’as decision. Hearings are typically held within 30 to 45 calendarr days fromthe request. Stratus' shares were trading at arounsd $7.10 on Thursday, down nearly 6 percent from Wednesday's closin price. The stock has traded in the rangewof $4.52 to $30.
75 over the last 52 weeks. Austin-based Stratus is a real estatew acquisition, management and development company. It's currentl steering the development ofthe downtown.

Saturday, January 26, 2013

Apple may drop into Catawba County - Business First of Buffalo:

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The Apple center would creatre 50 jobs and representNorth Carolina’s second-largesrt incentive package ever. Huge server farms are already on the want saysScott Millar, president. “They’ve been a targett of ours for four Several data center projects are consideringthe county, he says. The primaryt site that interests Apple isthe 180-acrre Catawba Data Park, a greenfieldc project planned along U.S. Highwayg 321 near Newton, sources say. Ther e Apple would get its preference for a campus setting with otherfdata centers. Perdue says Apple will buile in North Carolina butshe didn’tt announce a specific site.
“We welcome Applr to North Carolina and look forwarfd to working with the company as it begins providing a significanf economic boost to local communities and the Apple spokeswoman Susan Lundgren says construction in North Carolina willbeginh soon. “We are getting startef right away to acquirea site.” The announcement come s after Perdue signed Senate Bill 575, which modifiesx the method by which capital-intensive businesses calculate corporatde income tax liability in North Carolina. The N.C.
incentivesz would rebate $46 million to Apple over the next 10 If the center operated for30 years, the price tag of the inducement would zoom to $300 million, accordin g to a legislative analysis. Apple has hired of Atlanta, an offshooft of that developsdata centers. T5 triecd to interest Apple inthe 215,000-square-foot former Chris-Craft facility in Kings Mountain. Millaf deflected questions about Apple. “If there were a user on the I would becalling you,” he Apple needs the East Coast site for its server farm to handl e growth in its iTunes online Its last significant data center, a $50 millionn facility, opened in Newark, Calif., in 2006.