Monday, July 22, 2013

Conn. native climbs ladder at Sports Illustrated

He was just finishing up at Columbia University Graduate School of Journalism in the spring of 1992 when Old Mystic, Conn., native Chris Stone noticed a position posted in the student lounge.

It was with Sports Illustrated, an entry-level position as a fact-checker that his mentor at Columbia, Sandy Padwe, tried to dissuade him from taking due to the minimal writing opportunities it would present.

Stone, though, in addition to being the son of a career newspaperman, was a sports fanatic, not only a reader of Sports Illustrated but glued to the Boston Globe sports pages during his undergraduate years at Tufts University in Medford, Mass.

"I liked the thought of staying in New York and Sports Illustrated is a recognizable brand," Stone said. "(Padwe) said there would be more professional value in working for a newspaper right away; I wasn't going to break into those (Sports Illustrated) guys and start writing.

"(But) I was intoxicated by the idea of having a job in New York for a well-known brand," he said.

It turned out to be the job opening of a lifetime for Stone, who never left SI and now lives in New York City with his wife, Kim, and their children Sam, 11, and Annabel, 8.

On Oct. 18, 2012, less than a month and a half shy of his 43rd birthday, he was named as just the ninth managing editor in the history of the iconic magazine.

From his office on the 31st floor of the Time-Life Building at 1271 Avenue of the Americas, overlooking the west side of Manhattan, he's responsible for the day-to-day operations of the magazine, which boasts a circulation of more than 3 million.

The historic May 6, 2013, issue, in which the NBA's Jason Collins came out as the first openly gay male athlete to play for a professional team sport in the U.S., was overseen by Stone, who appeared on the CBS program "Face the Nation" to discuss the way the announcement by Collins resonated with readers.

Stone also was in charge on April 15 this year when the finish line of the Boston Marathon was staggered by two bombs, with Sports Illustrated going to press later that day with the April 22 issue headlined, "Boston, In Photos/And Words."

He put Mystic's Matt Harvey, the ace of the New York Mets, on the magazine's cover on May 20, 2013, featuring the catch phrase, "The Dark Knight of Gotham."

And yes, it was Stone who was left to deal with the fallout from an issue published on Oct. 1, 2012, before his tenure as managing editor began, featuring the story of Notre Dame linebacker Manti Te'o playing through the death of his girlfriend, a relationship that was later found to be a hoax.

"That was a cold, hard slap," Stone said of the realization that the magazine, like some other major media outlets, had been duped by the Te'o story. "It wasn't the result of laziness. There were a number of things we took out of the story because we couldn't fact check them. . It was a good lesson for the future."

Stone is a graduate of The Williams School in New London, where he was a three-sport athlete, and the son of Greg and Elizabeth Stone. He has a younger brother, Peter, 42, who is a literary agent for TV writers in Los Angeles.

Greg retired as deputy editorial page editor at The Day, where Chris worked for four summers after he graduated from high school.

"I think I sent an email to Maureen Croteau at UConn (in the journalism department)," Greg Stone said of learning of his son's promotion. "She wrote back and said, 'Why don't you hire a skywriter?' That's what she would do. I was just telling everyone I can think of."

Source: http://www.miamiherald.com/2013/07/21/3506300/conn-native-climbs-ladder-at-sports.html

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Sunday, July 21, 2013

Despite Low-Quality Jobs Growth, Consensus Expects Much Faster Growth by After-Tax Income Going Forward

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Source: webdev.credittrends.moodys.com --- Friday, July 19, 2013
After soaring from May 10's record low 4.99% to June 25's 6.93%, the composite speculative-grade bond yield subsequently eased to July 18's 5.89%. ...

Source: http://credittrends.moodys.com/pro/article.asp?cid=241337

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$32 billion in Microsoft stock value wiped out.

The weekend can't start soon enough for Microsoft CEO Steve Ballmer, who watched as investors drove down the company's stock by more than 11 percent Friday after a disappointing earnings report raised questions about demand for the latest Windows operating system as well as the Surface tablet.The stock finished at $31.40, off $4.04 for the day. The percentage decline -- which wiped out more than $32 billion in stockholder value -- was the biggest slide in Microsoft's stock since the year 2000. More than 245 million shares traded hands compared with the 90-day average trading volume of 50 million.

On Thursday afternoon, Microsoft announced its fiscal fourth-quarter earnings and the report again raised questions about the CEO's bigger strategy. On the surface -- no pun intended -- the company posted decent numbers. Microsoft's net income was $4.96 billion, compared with a $492 million loss during the year-ago quarter. Revenue rose 10 percent to $19.9 billion. Unfortunately for Microsoft, the earnings were about 9 cents shy of Wall Street expectations.

The report also triggered new worries as sales by the Windows division fell almost 6 percent from the year-earlier period. Microsoft also took a $900 million write-down related to unsold inventory of its Surface tablet. It also fed the flames about the CEO's ability to navigate the company successfully into the post-PC era.

Earlier in the day, Nomura Securities' Rick Sherlund, an analyst who has followed Microsoft since the 1980s, put out a note to clients that bluntly questions the chances for success of a recent corporate reorganization that Ballmer announced last week. That move calls for the elimination of the current five Microsoft business units along with merging all three Microsoft operating systems into a single division. Also, marketing and business strategy decisions will get centralized in cross-company groups. The hoped-for upshot will be a more agile and responsive tech company. But Sherlund took a dim view of the reshuffle after going through the latest numbers.
"The recent reorganization does not fix the tablet or smartphone problem," he said. "The devices opportunity just received a $900 million hardware write-off for Surface RT and investors may not even like the idea of wading deeper into this territory."

Source: http://www.psu.com/forums/showthread.php/314357-32-billion-in-Microsoft-stock-value-wiped-out?goto=newpost

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Berbohong Demi Main Golf, Seorang Anggota Yakuza Diciduk Polisi

Laporan Koresponden Tribunnews.com, Richard Susilo dari Tokyo, Jepang

TRIBUNNEWS.COM - Para anggota Yakuza kini tak bisa main golf lagi. Semua tempat lapangan golf di Jepang praktis melarang anggota Yakuza bermain di dalam lapangan golf mereka. Namun bila berbohong, anggota Yakuza bermain golf juga dengan sanksi ditangkap polisi.

Itulah yang terjadi atas penangkapan Tetsuji Kobayashi (57) yang, Jumat (19/7/2013), ditangkap kepolisian karena berbohong dan bermain golf di lapangan golf kota Kurume, Fukuoka dan di Okinawa. Demikian ungkap kepolisian Jepang kepada Tribunnews Sabtu (20/7/2013) ini.

Kobayashi diduga sedikitnya telah empat kali bermain golf bersama lima temannya di berbagai tempat dalam waktu berbeda sejak Desember lalu. Termasuk pula Januari 2013 bermain golf di Okinawa. Namun dalam pendaftaran di lapangan golf berbohong tidak mengakui sebagai anggota Yakuza. Padahal dia adalah Ketua Dojinkai, salah satu organisasi Yakuza yang cukup terkenal di Jepang.

Anggota yakuza yang lain dari kelompok Sumiyoshikai, Hideyuki Kato, usia 65 tahun dan Kohei Ikka (65) juga ditangkap kepolisian Jepang bersama Kobayashi saat bermain golf tersebut.

Revisi UU Anti Yakuza yang terbaru memang menyulitkan sekali kehidupan dan sosialisasi Yakuza. Mereka tak bisa lagi membuka rekening bank, tak bisa menyewa apa pun (rumah, mobil dll), mereka tak bisa main golf, tak bisa masuk ke rumah makan, dan sebagainya. Semua ini untuk semakin mengecilkan jumlah anggota Yakuza, mempersulit penghasilan mereka dari waktu ke waktu.

Baca info lengkap yakuza di www.yakuza.in

Source: http://www.tribunnews.com/internasional/2013/07/20/berbohong-demi-main-golf-seorang-anggota-yakuza-diciduk-polisi

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Friday, July 19, 2013

Futbolista italiano aplasta dos coches con un tanque de guerra

Futbolista italiano aplasta dos coches con un tanque de guerra

Se trata de Giulio Migliaccio, volante del Atalanta, quien protagoniz? el incidente junto con hinchas de su club. Dice que "fue sin querer"

18 de julio de 2013 a las 05:19 PM

Source: http://terratv.terra.com/videos/Entretenimiento/Amazing-Videos/6360-485496/Futbolista-italiano-aplasta-dos-coches-con-un-tanque-de-guerra.htm

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3 Tech Titans Making Noise: Apple Proposed Ad-Free TV, Dell Delays LBO Vote, and Microsoft Weighs in on PRISM

3 Tech Titans Making Noise: Apple Proposed Ad-Free TV, Dell Delays LBO Vote, and Microsoft Weighs in on PRISM | Wall St. Cheat Sheet
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Apple Inc.?(NASDAQ:AAPL): Apple is continuing its foray into TV programming and?is?developing an ad-skipping technology?that would let owners of its Apple TV set-top box and future television devices watch shows without commercials. Since this will naturally make advertisers unhappy, Apple may?reimburse the programmers for skipped ads.

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To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

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