The search for an Illinois woman who vanished early Sunday, leaving only tracks in the snow leading to a road after a car crash that killed her husband, has been suspended until weather conditions in the area improve, authorities said Wednesday.
Even before I knew there were 34 different beers on offer at Minnesota Twins games, or watched live soccer from Europe in high-def while still in my pajamas, or paused Roy Halladay's no-hitter in mid-motion as if I were Samantha freezing Darren on Bewitched, I knew we were living -- at this very moment -- in a miraculous Golden Age of Sports.
The Chicago Cubs aren't going to win anything this year despite having one of baseball's largest payrolls. But their bankrupt owner, Sam Zell's Tribune Co., may be about to hit a home run -- at your expense.
Federal prosecutors say they've uncovered a "political corruption crime spree" involving Illinois Gov. Rod Blagojevich, who allegedly hatched a variety of bribery schemes to enrich himself and his family while silencing critics.
Real estate tycoon Sam Zell is renowned for putting together deals with head-scratching financial structures that result in him getting his way, getting his pay and giving as little as possible to the government.
The Chicago Cubs may not make it to the World Series this season, yet may still end up as players in a classic event: the World Series of tax dodging. That's because I think the team owner, Sam Zell's Tribune Co., is trying to unload the Cubs in a way likely to draw heat from tax authorities.
Mort Zuckerman, owner of the New York Daily News, isn't going to let his archrival, News Corp.'s Rupert Murdoch snatch away Newsday without a fight. He's matched News Corp.'s offer to pay $580 million for Tribune Co.'s Long Island paper. The Zuckerman camp is also warning that Murdoch's pending deal with Tribune may not withstand regulatory scrutiny.
Nobody's timing was better at the top of the last boom than Sam Zell. Just before the credit markets collapsed, he sold his real estate empire for $36 billion. Now Zell is trying to sell newspapers, and his timing couldn't be worse.
While speculation continues to swirl about the possible sale of Newsday to the likes of Rupert Murdoch or Mort Zuckerman, the Long Island newspaper's owner, real estate magnate Sam Zell, won't confirm whether the estimated $600 million asset is actually for sale. Some analysts, in fact, believe it doesn't make sense for Zell to sell.
"What this company needs is an owner," declared Sam Zell, after completing the $8.2 billion deal that put him in charge of the Tribune Co., which owns newspapers including the Chicago Tribune, the Los Angeles Times and Newsday. "It needs someone who accepts the responsibility for what this company does."
Tribune Co. shareholders have approved an $8.2 billion plan to take the company private with 100 percent ownership by the company's employee stock ownership plan and with real estate mogul Sam Zell as an investor.
BACK IN 1981 the Tribune Co. bought the hapless Chicago Cubs for a bargain price of $21 million, prompting the Chicago Tribune's own sports columnist, Bob Verdi, to quip, "I don't know why we bought the Cubs. We already had a perfectly good company softball team."
Back in 1981 the Tribune Co. bought the hapless Chicago Cubs for a bargain price of $21 million, prompting the Chicago Tribune's own sports columnist, Bob Verdi, to quip, "I don't know why we bought the Cubs. We already had a perfectly good company softball team."
Chicago real estate mogul Sam Zell, tapped Monday as the buyer of media conglomerate Tribune Co., has already talked to entertainment mogul David Geffen about a possible deal for the Los Angeles Times, according to a published report.
Sam Zell, whose Equity Office Properties is about to be sold for $23 billion after a hot bidding war for the firm, is reported to be the latest billionaire interested buying control of Tribune Co., which has not attracted the offers that company had hoped for when it was put up for sale.
Tribune Co. is under increasing pressure to sell its largest paper, the Los Angeles Times, according to published reports, just as the company is close to working out a truce with the Chandler family, the former owner of the paper and one of the company's largest shareholder.
Taser is planning to market its stun gun for home use -- an idea garnering criticism from human rights groups and others concerned about the product's safety, according to a report Monday in the Chicago Tribune.