September 5, 2012 |
The Standard & Poor's 500 Index fell, after trimming steeper declines, as speculation that European leaders will announce new steps to tame the debt crisis tempered concern that the economic recovery is slowing. Down for much of the trading session, the S&P 500 lost 0.1 percent to 1,404.94, trimming a drop of as much as 0.7 percent. The Dow Jones industrial average retreated 54.90 points, or 0.4 percent, to 13,035.94. Volume for exchange-listed stocks in the United States was 5.6 billion shares, or 7.3 percent below the three-month average.
August 7, 2012
AT SOME point during his 800-meter preliminary run on Monday, Taoufik Makhloufi of Algeria determined he had no real shot in the event so he stopped running on the first lap. Speculation is that Makhloufi, the African champion in the 1,500, wanted to conserve energy for that event final on Tuesday, in which he was a strong favorite for a medal. Not so slow, my friend. The International Association of Athletics Federations - track and field's governing body - did not look favorably on Makhloufi's lack of effort.
July 27, 2012 |
CHICAGO — There has been some speculation at the Big Ten media days about the possibility of Penn State sporting a different look when it takes the field this season. Probably nothing along the lines of Oregon. At least not for now. But maybe change, no matter how minor, is appropriate. Because, let's face it, the Nittany Lions have had the plainest look for the longest time. And that somehow always seemed appropriate, too. Perhaps not anymore. It's likely too late for Nike to come up with anything too elaborate.
June 15, 2012 |
THINGS WOULD have been less confusing had Philadelphia Union CEO and operating partner Nick Sakiewicz simply said team manager Peter Nowak got canned on Wednesday because the squad hadn't performed up to expectations. That's an easy concept to grasp. After making the playoffs last season, the Union is 2-7-2 and in next-to-last place in the MLS East with eight points. Fans wouldn't need more justification than that for the sacking. But Sakiewicz made a point to emphasize at a hastily called news conference that the Union's record did not factor in the decision to remove Nowak, the only manager the third-year franchise has had. In fact, Sakiewicz said he was pleased with the way the team has performed and attributed its record to the cruelty of the sport.
May 31, 2012 |
GREENSBORO, N.C. - The judge overseeing the John Edwards campaign-corruption trial sent the jury home Wednesday after eight days of talks without a verdict and released the four alternate jurors, who have garnered attention for their matching shirts but have not participated in the deliberations. U.S. District Judge Catherine C. Eagles cautioned the alternates not to discuss or read media reports about the trial in case they need to be recalled. Eagles gave no indication whether she believed the 12 jurors were any closer to deciding the fate of the two-time Democratic presidential candidate.
May 30, 2012 |
Jerry Sandusky met with his attorney, state prosecutors, and the judge handling his case Tuesday in a private, three-hour session, a day before the last scheduled pretrial hearing in his child sex-abuse case. The previously unannounced session fueled talk of potential eleventh-hour developments in the widely watched case against the former Pennsylvania State University assistant football coach, which is set to begin jury selection next week. "There's a lot of speculation that a plea [deal]
May 11, 2012 |
Are the non-football schools in the unsettled Big East Conference thinking of leaving and creating their own basketball-first league? The answer, according to Joe Bailey on his third day as interim commissioner, is no. In a teleconference with reporters on Wednesday, Bailey - who agreed to become the temporary head of the Big East after John Marinatto resigned Monday - declared he had heard no talk of a mass defection. The managing director of an executive sports recruiting firm and former CEO of the Miami Dolphins, among other positions, he actually poked fun at the claim.
March 13, 2012
If a former U.S. secretary of the Treasury is diversifying away from the American dollar, the rest of us had better pay attention. Robert Rubin, who as U.S. Treasury secretary in the 1990s heralded a strong-dollar policy, last week announced that he has too much of his personal investments tied up in the greenback. A "disproportionate amount" of his assets are in cash and he "should be more allocated away from the dollar," Rubin, 73, told the TradeTech conference in New York.
March 11, 2012
John R. Lott Jr. and Grover G. Norquist are coauthors of the just-released book Debacle: Obama's War on Jobs and Growth and What We Can Do Now to Regain Our Future (John Wiley & Sons) With regular gas prices topping $3.70 last weekend, angry politicians are blaming the higher prices on speculators and greedy oil companies. On Monday, The Hill newspaper reported that 23 senators and 45 congressmen, all Democrats except for one independent, called for urgent action against the "speculators" they hold responsible.
March 11, 2012 |
We're used to the occasional gap between what some politicians claim and - how to put this delicately? - the facts. But even with suitably low standards, there was something breathtaking - a gap the size of the Grand Canyon - in Newt Gingrich's comments last week on gasoline prices. The former House speaker was urging Super Tuesday supporters to inculcate their friends with his vision of $2.50-a-gallon gas as a key reason to elect him to the White House. "Point out three numbers to them," Gingrich said.