Word: owners
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...only two bags of luggage per traveler, which will produce an expected savings of $1.5 million per year. Golf agents have reported a rough endorsement market for players, as the financial-services companies that have supported the sport got hit hardest by this current collapse. In hockey, Boston Bruins owner Jeremy Jacobs has forecasted a slowdown in NHL corporate sponsorship...
...turmoil has already stalled the planned sale of the Chicago Cubs, and owner Sam Zell, CEO of the Tribune Company, should expect a less appealing bid. "This downturn makes deals harder to get done," says Sal Galatioto, president of Galatioto Sports Partners, a consulting firm. "It's more difficult to get debt to purchase a team, and that debt is more expensive...
...just looks that way right now. "This is the worst economy I've seen since I've been in business," says Tom Slater, owner of Slater's Home Furnishings in Modesto. He's been in business for 39 years. Slater's behavior reflects the malaise: he has cut his personal spending at restaurants and retailers. But he realizes he's part of the solution too. "You can't stop and say, I'm going to keep my fingers crossed that someone's going to do business with me," he says. "We just have to do better business...
...Many experimental musicians started with rock, before slowly abandoning it for the freedom and creative space that is experimental music," says Lao Yang, the owner of Sugar Jar, a tiny record shop in Beijing that serves as the epicenter of this burgeoning avant-garde. Michael Ohlsson, a Shanghai-based music promoter, speculates that musicians are being drawn to the experimental scene because the music being produced is a purist's form and often has no lyrics. As such, it is far less likely to offend officialdom than, say, punk, which tends to be much more verbose, socially engaged and populist...
...wealthy man. He lives with his wife of 23 years, Terry, and a teenage son and daughter on a 32-acre horse farm in the suburbs of Minneapolis. Posted above the front door of his red brick colonial house is a sign: FORGET THE DOG. BEWARE THE OWNER...