October 30, 2013 |
BOSTON -- The consensus among economists is not one that America's professional sports leagues like to hear. The taxpayers get no significant financial return from paying to build a ballpark or a football stadium or a sports arena. The lesson has been learned in California. The San Francisco Giants paid for their new ballpark. The Dodgers paid to renovate theirs. The Oakland Athletics would love to pay for one in San Jose, but the commissioner, the Giants and the courts stand in their way. If the argument is that public funding for sports facilities makes no sense, the opposing argument could be heard, seen and felt all around Fenway Park on Wednesday.
October 24, 2013 |
Though still several months from its official world debut, Mercedes this week gave fans a sneak peak at the interior and key safety features of its next-generation C-Class sedan. The compact sports sedan -- Mercedes' biggest seller -- is a perennial rival to the BMW 3-Series and Audi A4, as well as others in the segment such as the Lexus IS, Cadillac ATS and Infiniti Q50. The current generation of C-Class has been with us since 2008, and is one of the oldest cars in the segment.
October 23, 2013 |
The average millennial graduating from college today will not retire until age 73 because heavy student-loan debt will prevent them from saving enough money for an earlier retirement, according to a new study. The typical graduate has a “seemingly manageable” $23,300 in education debt and a median starting salary of $45,327, according to the analysis by financial website NerdWallet.com. In general, millennials are people in their 20s or early 30s. Despite their decent salaries, the average millennial has to earmark roughly 7% of earnings toward student loans.
October 22, 2013 |
The star of Apple's event was clearly the iPad Air. The tablet has a new look, but how different is it really compared to its predecessor, the fourth-generation iPad? Thanks to a lighter, thinner design, new and faster processing chip, and extra goodies Apple is throwing in, the new iPad Air is different enough that it will probably entice many to upgrade while fending off competition by Google, Samsung, Microsoft and others. PHOTOS: Apple announces new version of the iPad and iPad mini Here's how it breaks down: Price The iPad Air will go on sale Nov. 1 at the same price that the fourth-generation iPad was sold for. That means you can get a 16 GB Wi-Fi-only model for $499 or a 16 GB LTE model for $629.
October 15, 2013 |
To promote its new song from platinum-selling country music artist Hunter Hayes and Grammy winner Jason Mraz on Tuesday, Warner Music Group didn't book its stars on "Good Morning America" or "Late Night With Jimmy Fallon. " It made a video for YouTube. YouTube has elbowed out radio, MTV, Yahoo and Myspace as the leading way to reach young music listeners, and some of its personalities have emerged as tastemakers, serving much the same role as KROQ-FM's Kevin and Bean have. "For teens through age 24, YouTube is where people listen to the most music," said David Bakula, a senior vice president at audience measurement firm Nielsen.
October 14, 2013 |
The Republicans' obsession with Obamacare has been variously described as a tactical ploy to preserve the semblance of unity in a divided party or as a fundraising magnet to raise money from the sort of folks who think President Obama is a reincarnation of Lenin. It may be either (or both). But the idea of closing down the government, and even threatening to precipitate a global credit crisis, over the healthcare law has been widely written off as myopia on the part of the live-free-or-die crowd.