March 2, 2014 |
Dear Liz: We have a son who is a high school junior and who is planning on going to college. We met with a college financial planner who suggested we put money in a whole life insurance policy as a way to help get more financial aid. Is that a good idea? Answer: Your "college financial planner" is actually an insurance salesperson who hopes to make a big commission by talking you into an expensive policy you probably don't need. The salesperson is correct that buying a cash-value life insurance policy is one way to hide assets from college financial planning formulas.
January 30, 2014 |
Taking a big step to try to boost its sagging popularity, NASCAR on Thursday dramatically changed its 10-race Chase for the Cup title playoff. The new format puts more emphasis on drivers' winning races all season, rather than simply collecting championship points. It also features elimination rounds during the Chase so that by the season-ending race only four remaining Chase drivers will have a chance to win the title. "It's going to be the first of four drivers to cross the finish line, and that will define the NASCAR Sprint Cup champion," NASCAR Chairman Brian France told a news conference in Charlotte, N.C. "That's as simple as it gets.
January 27, 2014 |
Eight more drivers have committed to racing in Formula E, a proposed series featuring electric-powered race cars competing on city courses around the world, the series said Monday. The drivers include IndyCar Series drivers Sebastien Bourdais, Oriol Servia and J.R. Hildebrand Jr. The others are Bruno Senna of Brazil, Narain Karthikeyan of India, Daniel Abt of Germany, Franck Montagny of France and Christijan Albers of the Netherlands. Bourdais also was among the trio of drivers who won the Rolex 24 at Daytona endurance race Sunday in the premier prototype class, driving a Corvette prototype for the Action Express Racing team.
January 25, 2014 |
Rush Universal, $29.98; Blu-ray, $34.98 Available on VOD beginning Jan. 28 Director Ron Howard and screenwriter Peter Morgan tell the story of 1970s Formula 1 racing stars James Hunt (Chris Hemsworth) and Niki Lauda (Daniel Brühl) in "Rush," a true-sports adventure that starts out as a "the olden days were groovy" corn-fest, then takes a turn for the better. The second half of the film concerns itself mostly with the incredibly tight points-battle between Hunt and Lauda throughout the 1976 season, and those racing sequences - some of which were shot with a subjective camera, in bad weather conditions - are white-knuckle.
January 17, 2014 |
Michael Schumacher reportedly remained in stable condition in a French hospital Friday following a skiing accident last month that left the legendary Formula One driver with severe head injuries and in a medically induced coma. Schumacher's manager, Sabine Kehm, said in an email that "Michael's condition is still considered as stable," the Associated Press reported, adding that it was the first time Kehm had not used the word "critical" to describe Schumacher's condition. "Michael's family is very happy and confident with the work of the team of doctors treating Michael, and they trust them completely," Kehm wrote.
December 30, 2013 |
Doctors offered a grim assessment of Michael Schumacher's head injuries Monday, providing no prognosis for the Formula One driving great after his skiing accident in the French Alps. Schumacher has been put in a medically induced coma to relieve pressure on his brain, which suffered bruising and bleeding when the retired seven-time world champion fell and struck a rock Sunday while skiing during a family vacation. "We cannot predict the future for Michael Schumacher," Dr. Jean-Francois Payen , the doctor in charge of Grenoble University Hospital's intensive care unit, said at a news conference.