Monday, August 8, 2011

Wall Street rout, snore rooms for seniors, NBA to announce first Hispanic majority holder for a team

Image: Traders work on the floor of the New York Stock Exchange at the opening bell

Good Morning Humboldt County!

Grab a cup of coffee and check out these headlines today. It’s another wild and wooly Monday as the earth turns..

Holy crap!! US stocks tumble as downgrade rattles investors 

Wall Street tumbled at Monday’s opening bell amid a rout in global stocks after Standard & Poor’s downgraded the U.S. credit rating for the first time.

That's it honey, I'll be in the snore room

Builders specializing in communities for “active seniors” over 55, such as PulteGroup’s Del Webb brand and D.R. Horton, are offering new home designs featuring snore rooms near the master bedroom for couples who can’t always catch a good night’s sleep together due to differing schedules, nocturnal habits or medical conditions.

Hawks to be sold, but stay in Atlanta

Alex Meruelo and the Atlanta Hawks are poised to make NBA history.

The Hawks have scheduled a news conference today to announce the team and Philips Arena are being sold to Meruelo, a person familiar with the deal said Sunday.

The son of Cuban immigrants is a California developer and pizza chain owner. He is expected to become the NBA’s first Hispanic majority owner.

Time to walk on down the road…

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