April 30, 2013 |
With a sonic boom that resounded above the Mojave Desert, a rocket plane belonging to British billionaire Richard Branson's commercial space venture Virgin Galactic got one step closer to carrying tourists into space. On Monday the company's SpaceShipTwo ignited its rocket motor in mid-flight for the first time and sped to Mach 1.2, faster than sound, reaching about 56,000 feet in altitude. The test flight is the biggest milestone in Virgin Galactic's 81/2-year endeavor to be the world's first commercial space liner, which would make several trips a day carrying scores of paying customers into space for a brief journey.
CALIFORNIA | LOCAL
March 31, 2013 |
SACRAMENTO - The most effective politician in Sacramento? There's no question. It's the mayor. Kevin Johnson - K.J. as he became known during his pro basketball playing days - is indisputably the right mayor at the right time. It's impossible to imagine any other mayor anywhere - let alone from Sacramento - who would have such entree into the National Basketball Assn. as the city struggles to keep Seattle from pilfering its beloved Kings. Johnson recently concluded a successful whale-hunting expedition - whale being the synonym for billionaires willing to buy the team and invest in a new downtown arena.
January 22, 2013 |
SEATTLE - This is a city that knows how to nurse a grudge. Seattle basketball fans never got over their anger when Starbucks Chief Executive Howard Schultz signed the deal in 2006 that would ultimately send the beloved SuperSonics to Oklahoma City. Try Googling "Howard Schultz" and, take your pick, "traitor," "Howard the Coward" or "evil incarnate. " Fan forums endured for years sharing venom and regret over the team's reemergence in 2008 as the Oklahoma City Thunder. Guys in Sonics hats showed up at Schultz's book signing at a Costco in 2011 and proudly videotaped themselves getting thrown out. A documentary film, "Sonicsgate," explored in excruciating detail the raw deal that preceded the transfer and the civic pain that ensued.
January 21, 2013 |
The Maloof family has agreed to sell the Sacramento Kings to a Seattle group led by investor Chris Hansen, the NBA confirmed in a statement Monday morning. The deal is still pending a vote by the NBA Board of Governors. Hansen's group will buy 65% of the franchise for $525 million and will probably move the team to Seattle and restore the SuperSonics name. The Maloofs will get a $30-million non-refundable down payment by Feb. 1, according to the deal. They will be allowed to receive other offers until the league approves the sale.
January 9, 2013 |
Investor Chris Hansen, seeking to bring an NBA team to Seattle, is nearing a deal to buy the Sacramento Kings from the Maloof family for about $500 million, multiple websites are reporting. Hansen is trying to build a new arena in Seattle, which lost the SuperSonics to Oklahoma City in 2008. The Maloofs are looking to sell the Kings because they have been unable to come up with a long-term solution for a new arena in Sacramento. As a prerequisite before construction can start on his proposed $490 million venue in Seattle, Hansen must bring an NBA franchise to Seattle.
October 28, 2012 |
It's the most anticipated NBA season in Los Angeles history, so what are we waiting for? Oct. 30 -- The Lakers defeat the Dallas Mavericks by 55 points in the season opener. At least, this is the rumor. Nobody actually sees the game after it is revealed that Time Warner not only bought the Lakers' cable rights, but the live rights, meaning the entire home season will take place in Jim Buss' backyard while the neighbors are charged $3.95 per peek. Oct. 31 -- The Clippers defeat the Memphis Grizzlies by 55 points in the season opener.