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...lately, a staggering number of them are disappearing. So far this season, which is barely a quarter of the way over, six NBA head coaches, or 20% of the total, have already been fired; the latest victim, Sacramento's Reggie Theus, just got the news on Monday. That's a new record for axings before Christmas. The other casualties include Sam Mitchell, the 2006-07 NBA Coach of the Year for the Toronto Raptors, fired by the club on Dec. 3; Maurice Cheeks, the beloved ex-champion point guard for the Philadelphia 76ers, canned by the Sixers last weekend despite...
...latest cut follows an October cut of 1.5 million barrels a day, which failed to arrest the downward slide in oil futures - prices have plunged a further 18% since November, deepening fears among oil-rich nations of an economic disaster at home. Whereas in July, with futures at a record high of $147 a barrel, the daily oil earnings for Opec's 11 members stood at $4 billion, this week, with oil hovering at around $43 a barrel, the cartel's combined daily earnings stood closer to $1.2 billion. Saudi Arabia's oil minister Ali Al-Naimi said last month...
...bumpy unpaved roads, it was too late. Masked, black-clad police stood somberly next to a line of yellow tape as soldiers pulled up in green humvees, fingers at the triggers of their mounted machine guns. Behind the tape, two twisted bodies sprawled on the dirt street--the latest victims of the drug-related bloodshed that thus far has claimed an unprecedented 5,300 lives in Mexico this year. (See pictures of the battle for Culiac?...
...course, Hillary Clinton and Robert Gates are heavyweights too, and State, Defense, Justice and Treasury are all Cabinet jobs that have kept their clout. (Bush's latest Treasury Secretary, Henry Paulson, is apparently the new leader of the free world.) But the "team of rivals" analogies only go so far because Cabinets are no longer teams. And Cabinet Secretaries are increasingly chosen to send messages to interest groups and ethnic groups...
...Tribune Company’s decision to file for bankruptcy was only the latest in a series of setbacks for the American newspaper industry. Even before Tribune—which owns the Los Angeles Times, the Baltimore Sun, and its namesake Chicago Tribune—announced its filing, the chain was wracked by layoff and forced buyouts. The Times alone lost 150 staffers—17 percent of its employees. Smaller chains, like McClatchy, are close to defaulting on their debt, and even giants like The Washington Post and The New York Times are making cutbacks.While the decline of print...