Word: fielding
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...starters, there are now 57 events, and it moved to the Rio [Las Vegas Hotel & Casino] in 2005. They also now play the Final Table in November so it can be on prime-time television. All of these changes were designed to accommodate and capitalize on a bigger field. The first year I did it, we couldn't even fill a table. They had something like 6,800 total entrants for last year's Main Event. In the beginning, it was always a bunch of touring pros in these. Now there are a lot of amateurs, some of whom...
...that's the downside to a bigger field, what are the upsides...
When times are tough, the old business adage goes, it's important not to look desperate. And, what with declining readership, loss of ad revenue and an increasingly crowded field of competitors, things are deeply grim for newspapers. Which only made the Washington Post's new revenue-generating idea even more mystifying. The wording on an invitation it sent out, as first reported on Politico, offers business executives "an off-the-record dinner and discussion at the home of CEO and Publisher Katharine Weymouth." That is, if the invitees pony up between $25,000 (to sponsor one dinner...
...operations. But Oil Minister Hussein Shahristani demanded that oil companies lower their profit expectations, offering to pay them $2 for every barrel pumped in Iraq rather than the $4-a-barrel rate sought by oil executives. Chevron, which had negotiated for a year to develop Iraq's second-biggest field, West Qurna, pulled out of the deal on Tuesday, saying it had not met the company's "standard investment criteria." French giant Total and Spain's Repsol also withdrew after failing to secure a better deal from the Iraqis, leaving Baghdad high and dry. "[The Iraqis] approached this auction with...
...notion that the invasion of Iraq was simply an oil grab took another hit on Tuesday when Baghdad opened the bidding on the rights to develop its massive energy reserves. In a day-long auction of eight huge oil fields - some of the world's biggest - virtually all the 41 foreign companies invited to bid by the Iraqi government balked at the Baghdad terms. The only contract signed was a 20-year deal for a consortium led by BP and China's National Petroleum Corporation to develop the giant Rumaila field in southern Iraq. "Frankly I did not think...