March 16th, 2011

Shaw Capital Management Headlines: Work begins to make way for new Earthquakes home| World Headlines
The Associated Press
Published: Friday, Mar. 4, 2011 – 3:18 pm

SANTA CLARA, Calif. – Demolition is under way on an old factory that will eventually become the permanent home of the San Jose Earthquakes soccer team.

Team officials, local leaders and soccer fans gathered Thursday as an excavator made the first tear into the former FMC plant near the Mineta San Jose International Airport.

The Earthquakes plan to build a $60 million stadium at the Santa Clara site. The proposed complex also would include office space, retail space and hotel rooms.

The San Jose Mercury News reports that the team still needs to get a building permit approved by the city.

The Earthquakes returned to San Jose in 2008 after briefly relocating to Houston. The team is playing home games in Buck Shaw Stadium at Santa Clara University until their new stadium is ready.

Shaw Capital Management Headlines:How to be a Brit in Kansas City | World Headlines

The Kansas City Star
Published: Sunday, Mar. 13, 2011 – 1:02 pm

Break out the bitters and pass the crisps. The royals have landed in Kansas City.

Princess Diana’s wedding gown has taken up temporary residence at Union Station. Anglophiles around town pinched themselves when they realized the famous dress would be right here when Diana’s first-born, Prince William, gets married next month. Blimey! A harmonic convergence of royal proportions! British wannabes are more excited than Ricky Gervais hosting a celebrity rehab session.

So we wondered: How can a non-Brit be British in Kansas City? We went straight to the Brits themselves, who told us where to find their food, a cup of good tea and other Brits in Kansas City.

The accent?

You’re on your own, bloke.

Meet the Brits

When love for an American woman brought him to town a few years ago, Ray Caraher wanted to find other British ex-pats, so he started a social club called Brit’s International.

Since 2005 he has attracted 200-some members, people who sound an awful lot like him, like to eat what he does. They know his accent is Wimbledon, not Ireland. They know what pork cracklings are and the proper way to fry up a banger.

But more important, they get one another.

“There is something fundamentally eccentric about Brits, which unless you start to look below the surface goes unnoticed,” London native Neil Ryall says.

“It gets waved off as being simply ‘foreign.’ Whether it was George Bernard Shaw, Oscar Wilde, James Whistler who said of Brits and Americans, ‘Two nations divided by a common language,’ (they) should have added an addendum — ‘and the Brits are nuts!’?”

Shaw Capital Management Headlines: Will Japan End Any Chance of New Nuclear Power in the US?
By Damien Hoffman
March 14 2011

The nuclear power industry (NYSE:NLR) has made progress in Washington as Oil(NYSE:USO) prices put heat on the economy. Will the recent nuclear power plant explosions in Fukushima, Japan (NYSE:EWJ) shutdown future projects in the United States?

Nuclear is an awesome source of energy, but it’s a phenomenon in game theory where everything remains copacetic 99.99999% of the time and the other 0.00001% results in horrific environmental disaster. Now that the media is hyperventilating over video and headlines about nuclear power disasters, you better believe lobbyists for Oil & Gas (NYSE:USO), Coal (NYSE:KOL), Natural Gas (NYSE:UNG), and Solar (NYSE:TAN) are swarming Capital Hill to put the proverbial nail in the nuclear energy coffin.

A few other sectors losing steam will be nuclear power plant manufacturers such asGeneral Electric (NYSE:GE) and Shaw Group (NYSE:SHAW), and uranium mining companies such as BHP Billiton (NYSE:BHP), Rio Tinto (NYSE:RIO), Cameco Corp.(NYSE:CCJ), and Dennison Mines (AMEX:DNN).

As Japan now braces for the possibility of a nuclear meltdown, I’d bet my bottom dollar every nuclear power proposal under review in Washington or state utility commissions just got filed in that famous receptacle: the trash can. What do you think? Let us know in the comments below.

Shaw Capital Management Headlines:look back at the Senators’ gory days | World Headlines

Expansion team was a bunch of misfits nobody wanted

In many ways, the Ottawa Senators are starting over.

As Monday’s NHL trade deadline looms, they’re in the midst of massive changes in player personnel, with a move toward a younger team, built around high draft choices this summer and beyond. It marks the end of an era born in the late 1990s when Ottawa felt it had a legitimate chance to contend for the Stanley Cup, year after year.

How will fans in the nation’s capital respond? The hockey club’s surveys show support for a new approach, on and off the ice. But will they ever be as grateful just to have the NHL in town as fans were the first time around?

Not likely. Twelve playoff appearances since 1997 and a trip to the Cup finals in 2007 have created a marketplace spoiled by success, taking playoff berths for granted, and ripping, sourly, on playoff failure. Perhaps this second playoff absence in three seasons will be the pause that refreshes.

If nothing else, it is time to take stock of what the team is, what it wants to be and what it has been.

In a challenging phase of transition, it’s useful to remember a time when fans were so excited about their expansion Senators they showered them with standing ovations -even after defeats, on nights when they played above themselves; a time when Brad Marsh, a workingman’s veteran, was their hero and champion, a time when newspaper headlines routinely referred to the Senators as “Road Kill” and a daily Ottawa Citizen chart termed the Yelnats Puc (Stanley Cup spelled backwards) compared the 1992-93 Senators with the worst team on record at the time, the 1974-75 Washington Capitals.

The team’s goal, in 1993, was to finish last in order to draft Alexandre Daigle first overall that summer, a goal spoken of so openly by Ottawa management that Senators chairman Bruce Firestone was fined $100,000 “for certain intemperate and inappropriate comments.”

The NHL later altered the draft format to create a lottery for bottom dwellers and to escape the perception a team could lose on purpose to assure a first overall pick. Not that anyone was actually accused of losing on purpose.

As the 1992-93 expansion season wound down, the NHL sent investigators to interview Ottawa management, coaching staff and several key players to determine if the team was “throwing games” to secure the top selection. Brad Shaw was one of the players the league interviewed.

“I said to them in the inquisition,” Shaw recalls, ” ‘You know, we have Shaw recalls, ” ‘You know, we have 60-plus losses.’ We knew how to lose (without trying to). We needed so many things to fall into place just to have a chance to win that it was kind of humorous they were investigating in the first place.”

Losing on purpose? Not a chance, not for a determined group of castoffs playing for pride and future NHL paycheques -players who bristled at the commonly heard suggestion their team was a laughingstock.

Poor Mel Bridgman, the Senators’ first general manager, selected three ineligible players at the slim-pickings expansion draft, and a newspaper employee named Larry Skinner, who had played a few NHL games, attended the tryout to write first-person stories and wound up being the top scorer in camp. Skinner returned to his newspaper gig and left the losing to the professionals.

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