Word: totalizer
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...revenues in more that half a century. Steiger, who has been in the business for 42 years, puts it starkly. "What's going on in the news business is a lot like what's happening with music," he says: free distribution of content over the Internet has created "a total collapse of the business model...
Blustery weather places equally stringent demands on a golfer's technique. Like serves in tennis or free throws in basketball, golf shots are unusual in that they start from a point of total stillness. In fact, this stillness occurs twice in the swing - once before the take-away of the club and then again at the top of the swing. This latter pause is crucial, as this is when the golfer initiates the all-important downward motion toward the ball. While a golfer can self-correct during the backswing, it's almost impossible to do so after the downswing...
...stock has dropped by 95% in the past year. Several Spanish homebuilders and construction firms are also struggling. Hetal Mehta, an economist at Ernst & Young in London, says U.K. house prices - which have dropped about 8% from their peak last year - could fall another 10%. Deutsche Bank figures the total drop could be closer to 25% by the end of 2010. Whatever the eventual decline, housing woes are already casting a chill on spending. For example, says Mehta, there has been "a dramatic fall" in sales of household goods such as dishwashers and refrigerators in the past six to eight...
Although $3.5 billion is a huge sum, NBC will foot only a fraction of the total bill. The Blackstone Group, Bain Capital, and NBC will reportedly pay just $600 million each upfront, and finance the balance. The Weather Channel's estimated $175 million annual earnings should help defray the debt...
WEEK BY WEEK [This article contains a table. Please see hardcopy of magazine.] JUNE JULY AUG. SEPT. OCT. TOTAL WEEKS WON REPUBLICANS TIE x TIE 1 DEMOCRATS...