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Colangelo, Cuban: Picks To Buy Cubs

They' could both make long-suffering Cubs fans very happy

(Newser) - Team USA executive director Jerry Colangelo and Dallas Mavericks owner Mark Cuban are the two individuals most likely to buy the Cubs, argues Jon Heyman.  Both have track records of success, and Colangelo is a Chicago native. The zany renegade Cuban seems to be on the list beause he...

Geffen, Zell Talk Deal For LA Times

Geffen wants it; Zell has $13 billion in debt to pay down

(Newser) - David Geffen wants to get his hands on the LA Times, and he's optimistic that he may yet succeed after talking to Sam Zell, the feisty real estate mogul who bought the Tribune Company Monday. The two discussed both a spin-off and a joint venture partnership, sources close to the...

Tribune Saddled With Daunting Debt
Tribune Saddled With Daunting Debt

Tribune Saddled With Daunting Debt

New owner must repay $12 billion with declining revenues

(Newser) - Sam Zell 's bid for the Tribune Co. beat back his well-heeled rivals, but it saddled an already struggling enterprise with over $12 billion in debt. Now the Wall Street Journal wonders how he expects to pay it back. The likely annual interest fees alone will reach $1 billion, only...

Obama Played Hardball Early
Obama Played Hardball Early

Obama Played Hardball Early

Candidate burned political benefactor, among others, in Chicago

(Newser) - Barack Obama showed his acumen for sharp-elbowed politics early on, according to a report in the Tribune. The 2008 hopeful, famous for his affable and earnest optimism, launched his career in an old-fashioned Chicagoan way,  by pushing a former political mentor off a ballot, He won "not by...

Obama as Jesus Stirs Some Ire
Obama as Jesus
Stirs Some Ire

Obama as Jesus Stirs Some Ire

Christ sculpture draws protest, but Barack turns the other cheek

(Newser) - Another sculpture of Jesus is stirring protest this Holy Week—this time a work portraying Barack Obama as the savior. The Art Institute of Chicago has gotten a flood of angry calls over the piece in an exhibition of student work, close on the heels of the chocolate Christ brouhaha...

Tribune Sold To Zell
Tribune Sold
To Zell

Tribune Sold To Zell

Real estate magnate will take it private; Cubs for sale

(Newser) - Chicago real estate magnate Sam Zell won a last-minute bidding  war to buy the Tribune Compay with a $34-a-share offer, reports the Chicago Tribune. Zell will take the media conglomerate private in a deal that includes an employee stock ownership plan. The Cubs will be sold separately.

'LIFE' GOES ON
'LIFE' GOES ON

'LIFE' GOES ON

How do you make beloved public radio program This American Life work on TV?

(Newser) - Stevenson Swanson wonders how and weather Chicago Public Radio god Ira Glass can really do a television show and, even more daring, a show for the premium cable only network, Showtime.

Ninjas Slice Through Bowling Competition

Newser sends HighBeam home

(Newser) - Like Darth Vader striking down Obi-Wan, the Newser Ninjas bowling team shut out the HighBeam Highlanders in the first annual HighBeam Subsidiary Bowling Tournament of Champions. The tournament was to be a best-of-three matchup, but the Ninjas only needed two rounds to finish the job, scoring more than 1,000...

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