Thursday, November 1, 2007
Extra Practice News Story #8: Business
10/31/07
Jason Rogers
Google Makes Hostile Take-Over Bid
Palo Alto, CA-Google Inc. (GOOG) made a hostile take-over bid for Time Warner Inc. (TWX) yesterday in hopes of producing more content. The $60 billion bid comes to Time Warner as a surprise to Richard Parsons, CEO of Time Warner Cable. “This was out of the blue. This was not expected at all.” Google has proposed a very generous offer to buy Time Warner and has released the breakdown of the proposal at $10 billion in cash, $45 billion in stocks and $5 billion in assumed debt.
According to Dr. Eric Schmidt, CEO and Chairman of Google Inc, “We've actually overpriced the Value in our stock.” When asked how this will help Google in the future, he responded by saying, “We don't have a top notch facility to produce content, Time Warner does,” which shows evidence of Google's desire to expand from a content contributer to a producer as well. While being one of the most hit websites online, Google would increase its influence in the information world by not only contributing to content through its search engine, but would become a main source in producing information as well.
Yahoo! Inc. (YHOO) and Microsoft Corp. (MSFT) were also interested in purchasing Time Warner, but Yahoo CEO, Steve Baller and Microsoft CEO, Jerry Yang, offered no comment on the issue. The Federal Communications Commision would still have to approve such a huge buy out before business decisons are final. However, Industry Analyst Paul Kim believes that the merg "seems to make sense."
Wednesday, October 31, 2007
Practice News Story 8: Business
Practice news story 8: Business
10/31/07
Jason Rogers
Google Makes Hostile Take-Over Bid
Palo Alto, CA-Google Inc. made a hostile take-over bid for Time Warner Cable yesterday in hopes producing more content. The $60 billion bid comes to Time Warner as a surprise to Richard Parsons, CEO of Time Warner Cable. “This was out of the blue. This was not expected at all.” Google has proposed to buy Time Warner for 10 billion in cash, 45 billion in stocks and 5 billion in assumed debt.
According to Dr. Eric Schmidt, CEO and Chairman of Google Inc, “We've actually overpriced the Value in our stock.” When asked how this will help Google in the future, he responded by saying, “we don't have a top notch facility to produce content, time warner does,” which shows evidence of Google's desire to expand from a content contributer to a producer as well.
Yahoo and Microsoft were also interested in purchasing Time Warner, but their CEO's and representatives offered no comment on the issue.
Monday, October 29, 2007
PNS #7: Speech
Practice News Story #7: Speech
Posted: Nov. 19, 1863 10:15 am MT
Gettysburg, PA- President Abraham Lincoln Presented a speech at the Gettysburg National Cemetery. In his speech he addressed issues involving unity and freedom and was optimistic of a strong nation in the future.
The Civil War has brought the lives of many of the nation's men to an end with bloodshed stretching across much of the North. Issues of National freedom and State's rights are the cause of much of the war and hatred that has been expressed though the most bloody war in the history of this nation. President Lincoln declared today, “ I truly believe that divided we fall... I've always believed that this is a God given Nation.” His address to the nation comes in a time where many citizens are questioning the unity that holds this young country together.
When asked if the war would end soon, President Lincoln responded, “ I see definite signs that it's coming to a close. I don't know how long, but I'd say weeks.” President Lincoln has been the leader of this country throughout the war and said, “ It's humbling to consider the sacrifice that others have made. It's humbling to be the leader of this nation...it will take a long time to recover, but we're prepared to do it.”
Thursday, October 4, 2007
Practice news story: Obituary
LOGAN, Utah- Lance Armstrong, America’s cycling champion, is dead at age 37. While attempting to break the land speed record at the Bonneville salt flats in Salt Lake City, he collapsed and was taken to the University of Utah medical center where an investigation is still taking place of his cause of death. A cancer survivor and example of perseverance to all, Lance Armstrong and the "Live Strong" way of life will continue to press forward.
Armstrong was an example to the world of hard work and perseverance. Winning seven consecutive Tour’s de France were only a few of his major accomplishments. Although his career was plagued with accusations of illegal doping he still rose above all of the drug testing being the most tested athlete in the world. His ‘Live Strong Foundation continues to raise awareness on cancer and gives hope to those struggling with the deadly disease. According to Wikipedia, he won countless awards and honors throughout his career including Associated Press Male Athlete of the Year in 2002, 2003, 2004, and 2005. He also won ESPN’s ESPY Award for Best Male in 2003, 2004, 2005, and 2006. He was and still will be an inspiration to all people.
He is survived by his three children; his son Luc, and twin daughters Isabelle and Grace, and his ex-wife Kristin. Funeral services will be held on Oct. 9, 2007 in Austin, Texas. Donations are being accepted America First Credit Union in support for the Live Strong Foundation.
Wednesday, September 26, 2007
Practice News Story 4: Court
Posted: Sept. 26, 2007
Headline: Two Accused In Church Break-In
Dateline:
Logan,UT- A 35 year-old man and a juvenile were arrested on accusations of vandalism and breaking an enter y. 35 year-old James Michaels and the juvenile was arrested in his home last Wednesday night authorities used k-9 units to follow a trail to their home. The two have since posted bail for $500 dollars each.
Late Wednesday morning the Church of Jesus Christ of Latter Day Saints was broken into early in the morning around 2am-4am. The break in was discovered at around 6am and the authorities were contacted. Defense attorney Bobbie Cochran has set a trail date for October 21, 2007. Plea agreements have been discussed, according to Defense attorney Cochran.
According to District Attorney Noel Mayfield, the charges may cost James Michael 6 months to 1 year in prison and a $5,000 fine. No other suspects are being investigated in the case.
Wednesday, September 12, 2007
Practice News Story 2: Fire
A building fire broke out at about 2:03 p.m yesterday afternoon on the corner of 21st and Washington. The fire broke out from the main floor in the kitchen area of Pedro’s Mexican Restaurant. Two apartment units in the building above the restaurant where damaged, including the owner of the restaurants apartment. Fire fighters responded immediately to the blaze and extinguished the fire within the hour. Officials have estimated this to be a total loss to the building.
The deputy Fire Chief, Greg Chamberlain was one of the first on the scene. He and four other firemen attended the blaze and were able to extinguish it and get the victims out with only one suffering a burned hand. The others in the building were sent to Mc Kay- Dee Hospital for smoke inhalation.
Pedro Sanchez, the owner of the restaurant was one of two people in the restaurant at the time of the fire.
“The fire.. it got on the grease and I grabbed the extinguisher and I tried to put it out, but it was too late.” Pedro’s restaurant, which has been in business for a little over 2 years is what Pedro and his brother Miguel (who has only lived here for 6 months) have to hold on to.
“I like my restaurant, I’ll do it again. I just don’t know where or how.” After all was over, Pedro said, “ This is the first time this has happened to me. I’m glad everyone was able to walk away from this.”
Wednesday, September 5, 2007
Practice News Story 1: Accident
A Utah State university field trip ended in a fatal car crash yesterday afternoon. At least eight Utah State University students are dead including their instructor. All were ejected from the vehicle before it swerved out of control and rolled over on west bound Interstate 84. Preliminary investigations state that eleven males were involved in the incident including Professor Evan Parker from the university who was killed. Two students were life-flighted to Ogden Regional Medical Center as the others were all taken to nearby Brigham City for medical attention.
Reports state that the students were participating in an annual agricultural week for the university and took a regular field trip to Tremonton to study a combine in a local field. Kyle Holdon, a witness who attended the field trip with the victims, describes the crash as it unfolded. “I was passing Evan as he was driving…the next thing I know, I saw smoke coming from the back area…I thought he was going to hit me. He swerved and flipped. I do this field trip every year with them. Today I just drove separately.”
Lt. Jason Jensen of the Utah Highway Patrol, who made the initial dispatch of the incident, sates that according to the preliminary investigations, there is no evidence of seat belt usage. The van was also reported to have been speeding, but no drugs or alcohol are evident causes of the crash. A mechanical malfunction is being investigated as being the cause of the incident, and some witnesses believe that the crash was the consequence of a blown tire.
President Stan Albrecht was soon after notified of the tragic event. Loved ones and family members have been notified, however all the names of the victims will not be released for at least another couple of weeks. President Albrecht plans to alter the week’s activities and hold a public memorial service at the university for the victims’ families and USU students.