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BUSINESS
April 1, 2012 | By Kenneth R. Harney
WASHINGTON — What's behind the unusually high rate of contract cancellations and settlement delays in the real estate market? With signs of recovery emerging in many parts of the country, shouldn't deals be zipping along with minimal complications? Apparently not. Nearly one-third of realty agents in a new national survey reported experiencing contract cancellations — purchases crumbling before closing — in February. That's up dramatically from a similar poll 12 months earlier, when just 9% of agents reported cancellations.
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ENTERTAINMENT
July 3, 2012 | By Ben Fritz
The International Alliance of Theatrical Stage Employees, which represents more than 38,000 behind-the-scenes workers in the film and television industries, has ratified a new three-year contract with Hollywood producers. Fourteen Hollywood locals, which represent IATSE members in professions such as camera operator, set decorator and grip, unanimously approved the new contract, which provides for a 2% annual wage increase and a 20% raise in employer contributions to the union health plan.
SPORTS
March 29, 2013 | By Matt Wilhalme
Quarterback Tony Romo signed a six-year, $108-million contract extension with the Dallas Cowboys on Friday. That means the 32-year-old quarterback -- who turns 33 next month -- with only one playoff victory for “America's Team” could be the Cowboys' gun-slinging starter under contract until 2019. “I think it's just exciting more than anything that you know you're going to be here the rest of [your] career,” Romo said in a video interview on the Cowboys' official website . Romo's new deal includes $55 million in guaranteed money.
BUSINESS
March 9, 1989
Vernitron Controls in San Diego won a $41,480 contract from the Navy to supply transmitters.
SPORTS
April 4, 2013 | By Chris Foster
UCLA extended Athletic Director Dan Guerrero's contract through 2019. Guerrero will receive $734,774 in base pay, with a 5% raise each year of the contract. He can also earn up to $105,000 in bonuses tied to academic and athletic achievements. Guerrero will also receive a $734,000 retention bonus if he remains at the university through April 1, 2018. The buyout in the package can be no less than one year's base pay. Guerrero is also owed a retention bonus of $750,000 from the contract he signed in 2008 and was to run through 2017.
CALIFORNIA | LOCAL
June 18, 2013 | By Dan Weikel
A bidder for a lucrative media contract at Los Angeles International Airport on Tuesday accused a former airport commissioner of conflict of interest because of his involvement with a joint venture recommended for the work. In a formal protest, Clear Channel Airports leveled the conflict allegation against Alan Rothenberg, chairman of Premier Partnerships, which has joined JC Decaux Airport Inc., and Time Warner in a bid to handle indoor advertising, sponsorships and other media opportunities for LAX. Rothenberg, a prominent businessman and former sports executive, resigned as president of the Los Angeles Board of Airport Commissioners in late 2010 after serving five years.
ENTERTAINMENT
August 1, 2012 | By Richard Verrier
Jon Stewart's "The Daily Show" is now yukking it up with the International Alliance of Theatrical Stage Employees. IATSE, the union representing crew members who worked behind the scenes on film and TV shows, said Wednesday that technical employees of “The Daily Show” have unanimously ratified their first collective bargaining agreement. The contract is the culmination of negotiations between IATSE and the producers of the hit made-for-basic-cable series after voluntary recognition of the union by the employer, IATSE said.
NEWS
March 9, 2012 | By Melissa Rohlin
The Clippers have signed forward Bobby Simmons to a second 10-day contract, the team announced Friday. Simmons has averaged 4.3 points and 2.8 rebounds in six games with the team while playing backup to Caron Butler. He's also shot well from the three-point-line, making seven of his 16 attempts. Simmons was called up from the D-League and was offered his initial 10-day contract on Feb. 27 after averaging 13.5 points and 7.6 rebounds in 21 games with the Reno Bighorns. Simmons is a nine-year NBA veteran who played for the Clippers for two seasons (2003-05)
NEWS
January 23, 2012 | By Seema Mehta
Shortly before Monday night's critical face-off in Tampa between Newt Gingrich and Mitt Romney, a consulting firm founded by Gingrich released a contract outlining Gingrich's work on behalf of Freddie Mac. The move is likely to defuse a grenade that Romney planned to lob at Gingrich during tonight's debate at the University of South Florida. Ron Paul and Rick Santorum will also be debating. Romney, a multimillionaire who has been facing pressure from Gingrich to release his tax returns and has argued that the former House speaker was influence-peddling, has in turn been arguing that Gingrich should release contracts related to work for the federally-backed mortgage guarantor as well as confidential documents related to a congressional ethics investigation that led to Gingrich being fined $300,000.
SPORTS
September 23, 2013 | By Diane Pucin
The 2014 BNP Paribas Open, the largest combined ATP and WTA combined two-week event, will be held March 3-16 at the Indian Wells Tennis Garden . ESPN has announced it has renewed its television contract with the tournament through 2020, tournament director Steve Simon said. The 2014 edition of the tournament will once again culminate on ESPN2 on March 14, ESPNEWS on March 15, and both singles finals will air live back-to-back on ESPN2 on March 16. Beginning in 2015, coverage of the final weekend of the tournament will be on ESPN2 on Friday and on ABC on Saturday and Sunday.
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