Story | Sep 4, 2012 | 9:51 AM
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Story | Nov 12, 2013 | 8:55 AM“Fantasy sports” are hugely popular, but when fans “draft” players for their teams, they “own” only the players' statistics. Recently, Wall Street and Silicon Valley entrepreneurs created Fantex Holdings, which will allow investors to buy actual pieces of real players — namely, rights to 20 percent of the player's lifetime earnings (including licensing and product endorsement deals). The firm told The New York Times in October that it will soon stage an “IPO” for budding NFL star Arian Foster and hopes to sign up many more athletes, plus singers and actors similarly early in their careers. (On the other hand, Fantex's lawyers drew up a 37-page list of potential investment risks, such as injuries, slumps and scandals — and the fact that the stock will trade only on Fantex's private exchange.)
Story | Sep 5, 2012 | 4:07 PM
Column | Nov 2, 2011 | 10:05 AM
Just as a prudent owner cares for their car via regular maintenance, tomorrow’s vehicles will be able to care for their drivers by helping them keep track of their medical conditions. Engineers at Ford are developing a car seat that incorporates a...
Story | Aug 31, 2012 | 10:32 AM
International politics is not my “beat” at FOX CT, but that didn’t stop me from applying for the opportunity of a lifetime, a trip to Europe to visit with my professional counterparts and interview top brass at the European Union and...