Word: soccering
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...INDICATOR Can monetary policymakers learn from soccer players? Bank of England governor Mervyn King thinks so. Evoking a 1986 Diego Maradona goal - the Argentine star darted through England's defense in a straight line - King said the expectation that Maradona would swerve cleared his path. The point? Market interest rates, moving in expectation of a change in official rates, can curb inflation without official rates changing. Nice goal...
...Hyun Yong loves soccer and baseball, and now he can watch games on his cell phone. Mobile carriers have invested heavily to make fast high-quality video streams a reality--until now with little success. But digital multimedia broadcasting, a new Korean technology, is finally allowing consumers to get video on the go. On May 1, TU Media, a subsidiary of SK Telecom, launched a satellite-based service that beams seven video channels to cell phones. (Nokia and Qualcomm are backing similar technologies that won't hit the market until next year.) Tu Media forecasts 600,000 users for what...
...Performance of the Week MAN U FALL TO THE BEARDED GNOME screamed London's Daily Mail-and others weren't as kind. FANS OF MANCHESTER UNITED, the famed English soccer team, took to the streets over a takeover bid by U.S. tycoon Malcolm Glazer, who now owns 74.8% of the 127-year-old club, just 0.2% shy of complete control. Protesters swarmed the grounds at Old Trafford last Friday and burned the 67-year-old in effigy, while former team manager Tommy Docherty harrumphed that "Manchester United's heart and soul were sold today." But fans may be blowing...
...poisonous green plastic crate the size of a VCR. Perfect for hard-core gamers, maybe, but if Microsoft wanted to grow its audience, Allard knew the new Xbox had to look kinder and gentler. The goal was a design that was welcoming but not wimpy, that snagged the soccer moms and NASCAR dads and Britney girls--without losing the Halo boys...
...centrist--"I'm a 2.6," he says--but he works with Sharon out of admiration for his friend. Every two weeks, Adler spends a weekend morning at Sharon's ranch, chatting and eating with the family. The two men also speak by phone several times a week, often about soccer, not politics...