November 9, 2012 |
Priceline.com, the popular online travel service, agreed Thursday to acquire Kayak Software Corp. for $1.8 billion, a deal that would boost Priceline's customer base as it wrestles with a sluggish economy and newer, more nimble rivals. Under the terms of the deal, Priceline will pay $500 million in cash and $1.3 billion in stock for Kayak, a comparison travel website. The sale values Kayak at $40 a share, a 26% premium to its closing price of $31.04 on Thursday and 57% higher than its July initial public offering price of $26. Shares of Kayak jumped 27% to $39.30 in after-hours trading Thursday, while Priceline shares fell slightly.
November 7, 2012 |
WASHINGTON - Democrats retained a narrow majority in the Senate on Tuesday, but Republicans kept their grip on the House, delivering another divided, and highly polarized, Congress. The balance of power was likely to shift by no more than a seat or two, if at all. Neither record-low job approval ratings nor an avalanche of campaign spending appeared able to shake the dynamic that made the last Congress the most partisan since the Civil War. "That's the sort of sad state of affairs: You're not going to have much change in Congress," said Keith Poole, a political science professor at the University of Georgia, who has researched decades of congressional voting patterns.
CALIFORNIA | LOCAL
November 5, 2012 |
I knew I'd be navigating a minefield in my Saturday column, which dealt with two combustible topics: race and politics. I said that the Republican campaign, in the run-up to Tuesday's presidential vote, has resorted to a not-so-subtle nativist appeal that relies on racial animus and fears. All that "It's time to take our country back" rhetoric you hear at GOP rallies makes me wonder just whose country they think this is. I know race-baiting when I hear it. INTERACTIVE: Battleground states map The response to the column on public comment boards tended toward the ugly - as anonymous forums often do. But the hundreds of emails I received revealed a divided but thoughtful populace, harboring fears and resentments as real as my own. My column accused the campaign's rhetoric of creating a haven for prejudice, promoting Barack Obama's other-ness as a socially acceptable proxy for racial prejudice.
CALIFORNIA | LOCAL
October 25, 2012 |
Jeff Blatnick, who overcame cancer to win a gold medal in Greco-Roman wrestling at the 1984 Summer Olympics in Los Angeles, died Wednesday. He was 55. Blatnick died of complications from heart surgery, USA Wrestling said on its website, citing a report from television station WNYT in Albany, N.Y. Officials at Ellis Hospital in Schenectady confirmed that he died there of heart failure. Blatnick was a high school state champion in suburban Albany in the mid-1970s and a two-time Division II national champion and three-time Division II All-American at Springfield College in Massachusetts.
October 24, 2012 |
Olympic wrestling gold medalist and longtime MMA advocate Jeff Blatnick has died after complications from heart surgery. Blatnick took home the gold in Greco-Roman wrestling in 1984 and was also a member of the 1980 U.S. Olympic team, which remained home after President Carter announced a boycott of the Summer Olympics in Moscow because of the Soviet Union's invasion of Afghanistan. Blatnick was a commentator in the early days of UFC before being replaced after UFC 32 in June 2001.
August 12, 2012 |
- The U.S. won its second wrestling medal of the Olympics when Coleman Scott came back to win a bronze in the 132-pound class on Saturday. Scott was beaten by eventual gold medalist Toghrul Asgarov of Azerbaijan in the semifinals but worked his way back through the repechage round. Scott beat Kenichi Yumoto of Japan in one of the two bronze matches. Besik Kudukhov of Russia won the silver and Yogeshwar Dutt of India got the other bronze. The U.S. had another chance at a medal but Tervel Dlagnev lost in a bronze-medal match to Komeil Ghasemi of Iran in the 264-pound class.
August 12, 2012 |
LONDON - Jake Varner, a graduate of Bakersfield High School who now trains under U.S. wrestling great Cael Sanderson at the Nittany Lion Wrestling Club in State College, Pa., won an Olympic gold medal Sunday at the ExCel Center. He beat Valeri Andriitsev of Ukraine. Varner, 26, had advanced to the gold-medal match by coming from behind in the 211.5-pound class of freestyle wrestling to beat 2008 Olympic bronze medalist Giorgi Gogshelidze of Georgia in the semifinals. It was expected that 2011 world champion Rez Yazdani of Iran would be in the finals, but Yazdani had to be taken off the mat during his semifinal because of a leg injury against Andriitsev and was unable to continue.
August 11, 2012 |
LONDON - A late rally carried Jake Herbert to a first-round victory in the Olympic 185-pound freestyle wrestling class Saturday at the ExCel arena. Herbert lost the first round and trailed Cuba's Humberto Arencibia by a point with 11 seconds left in the third round when he scored the decisive takedown to advance. With his friends and family waving yellow “terrible towels” in homage to their Pittsburgh area roots, Herbert lost the first round 4-1, then took the second 8-0, nearly pinning Arencibia twice. Although the third round ended in a tie, Herbert advanced by having scored last.
August 10, 2012 |
LONDON -- U.S. freestyle wrestler Jordan Burroughs made good on his tweeted promise to bring home a gold medal. Now he's looking for the Twitterverse to show him some love. Burroughs -- who prophetically adopted the Twitter handle @alliseeisgold last year -- defeated Iran's Sadegh Goudarzi today to win America's only wrestling gold medal so far at these Games. On the eve of the match, he vowed to tweet a picture of himself holding his Olympic gold medal this evening. Shortly after finishing atop the podium, he sent out said photo, which was then retweeted more than 4,500 times in the first two hours.
August 8, 2012 |
LONDON - The U.S. picked up a surprise bronze medal in the 105.5-pound class of women's freestyle wrestling Wednesday. Clarissa Chun, 30, lost her second-round match to Mariya Stadnyk of Azerbaijan. But because Stadnyk made the gold-medal match, Chun was allowed back in the tournament through the repechage round. It was there that she beat Irini Merleni of Ukraine to win one of two bronze medals. In the 2008 Beijing Games, Merleni pinned Chun to win the bronze medal. Merleni was the gold medalist in 2004.