Blog Posts by Stacy Curtin

  • Leicester soccer team was 5,000-1 longshot, now eyes title

    LONDON (AP) — Bettors looking for a wager with a fancifully high payoff last summer could have gone into their local betting shop in England and risked a bit of cash on the proposition that Elvis Presley would be found alive and well.

    Or they could have placed their money on a true longshot: The laughable idea that the lowly Leicester City soccer club would somehow surge to the top of the world-class English Premier League.

    Elvis surfacing in good health was a 2,000-1 shot; the Foxes taking the top spot was rated even more unlikely, at 5,000-1.

    The King of Rock and Roll is still buried on the grounds of his beloved Graceland, but the Foxes are on the verge of one of the greatest upsets in the history of modern sports. The impact of their astonishing run is already being felt by Britain's betting industry as the team closes in on the top spot, which they can clinch as early as Sunday with a victory over former powerhouse Manchester United.

    Joe Crilly, spokesman for the William Hill betting

    Read More »from Leicester soccer team was 5,000-1 longshot, now eyes title
  • The following is an adaptation of an address to the University of Michigan’s class of 2016.

    The most useful knowledge that you leave here with today has nothing to do with your major. It’s about how to study, cooperate, listen carefully, think critically and resolve conflicts through reason. Those are the most important skills in the working world, and it’s why colleges have always exposed students to challenging and uncomfortable ideas.

    The fact that some university boards and administrations now bow to pressure and shield students from these ideas through “safe spaces,” “code words” and “trigger warnings” is, in my view, a terrible mistake.

    More from Bloomberg.com: Unmasking the Men Behind Zero Hedge, Wall Street's Renegade Blog

    The whole purpose of college is to learn how to deal with difficult situations -- not run away from them. A microaggression is exactly that: micro. And one of the most dangerous places on a college campus is a safe space, because it creates the false impression

    Read More »from Here's Your Degree. Now Go Defeat Demagogues.
  • OTTAWA, April 30, 2016 /CNW/ - The Government of Canada is taking tangible steps to protect the environment and improve energy efficiency in Canada by undertaking important updates to the Energy Efficiency Regulations.

    On April 30th the Government of Canada will publish proposed updates to the Energy Efficiency Regulations in Canada Gazette Part I that increase minimum energy performance standards for 20 products.

    These updates help align Canada's energy efficiency standards with the United States by 2020, as agreed upon by Prime Minister Trudeau and President Obama in the Joint Statement on Climate, Energy and Arctic Leadership recently signed in Washington, DC. They are also an important part of Canada's national approach to address climate change and are in keeping with the commitment in the Vancouver Declaration on Clean Growth and Climate Change to advance the harmonization of energy efficiency standards across Canada.

    The Government will also publish a Notice of Intent outlining

    Read More »from Minister Carr Announces Proposed Changes to Energy Efficiency Regulations to Help Address Climate Change
  • New York (AP) -- Nearly 4 million Nissan cars are being recalled due to major safety problems where passenger air bags or seat belts could fail in a crash, leading to serious injuries or fatalities.

    The two recalls are just the latest in a string of safety problems to hit automakers in the past year with Acura, BMW, Chrysler, Ford, Honda, Lexus, Mazda, Toyota and other manufactures having to recall cars over air bag problems. The Nissan problems are unrelated to the other air bag issues.

    Nissan North America, Inc. said that 3.2 million cars may have a problem with a sensor that detects if the front passenger seat is occupied and if that passenger is an adult or a child. Defective sensors might incorrectly think that an adult is a child or classify the seat as empty, thus turning off the air bag.

    More from Bloomberg.com: Unmasking the Men Behind Zero Hedge, Wall Street's Renegade Blog

    The recall applies to certain cars of the following models: the 2016-2017 Nissan Maxima, 2013-2016

    Read More »from Nissan Recalls Nearly 4 Million Cars With Air Bag Problems
  • Kenya is burning 5% of the world’s stockpile of ivory

    Not just a bonfire.

    Kenya set fire to 11 pyres of ivory in Nairobi National Park today (April 30), a symbol of the country’s fight against poaching. Because ivory doesn’t burn well, more than 10,000 liters of diesel mixed with kerosene were injected into the stacks of ivory through pressurized pipes underground. It will take days to burn all 105 tonnes of tusks.

    The burning, a tradition started in 1989 when former president Daniel Arap Moi personally set fire to 13 tonnes of ivory, is the largest decimation of ivory by any country since its trade was banned in the late 1980s. The ivory is worth 3 billion Kenyan shillings on the black market ($300 million) and accounts for an estimated 5% of the world’s stockpiles, according to the organizers. The goal of the mass destruction is to render the ivory “beyond economic use,” according to the Kenya Wildlife Service.

    Critics say the burning is little more than a publicity event. (The ivory would be better incinerated in ovens, but the visual effect wouldn’t

    Read More »from Kenya is burning 5% of the world’s stockpile of ivory
  • 7 Things That Will Soon Disappear Forever


    Evan Amos via Wikipedia

    Ten years ago, thousands of Blockbuster Video stores occupied buildings like this all over the country, renting DVDs and selling popcorn. Today, they're virtually all gone. The company's shares once traded for nearly $30. Now Blockbuster is a penny stock.

    Obsolescence isn't always so quick or so complete, but emerging technologies and changing practices are sounding the death knell for other familiar items. Check out these seven that we'll be saying goodbye to soon.

    The Plow


    Thinkstock

    Few things are as symbolic of farming as the moldboard plow, but the truth is, the practice of "turning the soil" is dying off.

    Modern farmers have little use for it. It provides a deep tillage that turns up too much soil, encouraging erosion because the plow leaves no plant material on the surface to stop wind and rain water from carrying the soil away. It also requires a huge amount of diesel fuel to plow, compared with

    Read More »from 7 Things That Will Soon Disappear Forever
  • A senior Palestinian official Saturday demanded an apology from Eurovision song contest organisers after the Palestinian flag was among a list of banned banners at next month's event in Sweden.

    Palestine Liberation Organisation second in command Saeb Erakat made the demand in a letter addressed to the president of the European Broadcasting Union, Jean-Paul Philippot.

    "The Eurovision song contest this year will be held in Stockholm, Sweden, the first EU member state in Western Europe to officially recognise the State of Palestine," Erakat wrote.

    "Your decision is totally biased and unacceptable.

    "We call upon you to immediately revoke this shameful decision. It's also equally necessary for the European Broadcasting Union to apologise to Palestine and to millions of Palestinians around the world."

    Organisers of the annual contest have already come under fire from Spain, which condemned a ban on the Basque regional flag.

    "It is a constitutional, legal and legitimate flag and the Spanish

    Read More »from Palestinians seek Eurovision apology over banned flag
  • A pretty good deal.

    As Yahoo makes moves for a possible sale or major overhaul, eyes are on CEO Marissa Mayer and whether she’ll stay or go.

    If she’s forced out because of a “change in control,” her severance package will be $54.88 million, according to an SEC filing yesterday (April 29). The package includes $3 million in cash and just under $52 million in stock options.

    According to the filing, Mayer only actually made $13.9 million of her reported $36 million pay.

    The CEO has come under heaps of criticism for Yahoo’s weak stock performance last year.

    This week Yahoo added four seats on its board for hedge fund and shareholder Starboard Value, which has fueled speculation that a sale is imminent.

    Read More »from If Yahoo is sold, Marissa Mayer could walk away with $54.8 million
  • LabCorp’s Growth Drivers in 1Q16: Organic Growth, Acquisitions

    LabCorp's Strong Organic Growth Boosts 1Q16 Revenue Growth

    (Continued from Prior Part)

    LabCorp Diagnostics

    In 1Q16, LabCorp’s (LH) national clinical laboratory business, LabCorp Diagnostics, accounted for 69.3% of the company’s total revenues. Despite facing the impact of about -0.6% in revenues on a year-over-year (or YoY) basis from foreign exchange fluctuations, LabCorp Diagnostics managed to report strong revenue numbers in 1Q16.

    In 1Q16, LabCorp Diagnostics earned approximately $1.6 billion in revenues, which was a rise of 8% on a YoY basis. The business witnessed positive organic growth, which was reflected in the number of requisitions from physicians and the commercial success of BeaconLBS.

    BeaconLBS

    BeaconLBS was responsible for about 1% of LabCorp Diagnostics’ YoY revenue growth. According to LabCorp, “BeaconLBS is a laboratory benefit solutions company that enables health plans, physicians and network labs to connect and deliver high-quality, cost-effective care to

    Read More »from LabCorp’s Growth Drivers in 1Q16: Organic Growth, Acquisitions
  • India's cricket board on Saturday announced the resumption of bilateral cricketing ties with the West Indies, saying its team will travel to the Caribbean for a Test series later this year.

    "The BCCI (Board of Control for Cricket in India) and the WICB (West Indies Cricket Board) have resolved outstanding issues arising out of the abandonment of the tour of the West Indies team to India in 2014," the BCCI said in a statement released to the media.

    "With this understanding, bilateral series as part of the Future Tours Programme will be resumed with the Indian cricket team touring the West Indies in July-August, 2016 for a four match test series," it added.

    Earlier this month India's board dropped a $42 million damages claim against the West Indies over the abandoned 2014 tour after the team agreed to return to play in India next year.

    The huge damages claim lodged by the BCCI had threatened to cripple the cash-strapped West Indies, which has been at loggerheads with its own players.

    Read More »from India to resume West Indies cricket ties with Test series

Pagination

(1,625,770 Stories)
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Featured Blog Posts