This Is The Most Hilarious Chris Bosh Face Of All Time

Chris Bosh is world famous for his crazy, GIF-able faces. And he DID NOT disappoint after winning the NBA title.

Unreal stuff with the champagne shower (via SB Nation):

chris bosh champagne face

Where's it rank in the Pantheon of Bosh faces?

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The Son Of Mexico's Most Notorious Drug Lord Has Been Arrested

El Chapo, Mexican Drug Lord

The son of Mexico's most wanted man, drug Lord Joaquin 'El Chapo' Guzman, has been captured, officials have claimed.

Jesus Alfredo Guzman Salazar, 26, was detained by marines in an early morning raid in the western state of Jalisco, the Mexican Navy said in a statement.

Earlier this month the US Treasury placed financial sanctions on Guzman Salazar and several other family members.

That allowed authorities to freeze any assets they had in the US and barred Americans from doing business with them.

Guzman Salazar, who is suspected of links to drug trafficking, was taken to Mexico City amid a heavy security force presence.

Joaquin Guzman, 55, whose nickname means "Shorty" and refers to his 5ft 6 ins stature is the head of the Sinaloa cartel, arguably Mexico's most powerful gang.

The US considers him the leading drug trafficker in the world and Forbes magazine estimates his wealth at $1 billion (£630 million).

The arrest of one of his seven children comes just over a week before Mexico votes for a new leader.

President Felipe Calderon is constitutionally barred from seeking a further term, and his ruling National Action Party has lost support due to the drug violence ravaging the country.

There has been mounting speculation that the government would try to find Guzman, who has a $7 million bounty on his head, before the election on July 1.

In February police just missed him at a million dollar beach side mansion where he had been staying in Los Cabos, which this week hosted the G20 summit Drug violence in Mexico has exploded over the last decade, and there have been more than 55,000 drug-related killings since December 2006.

Guzman escaped from a maximum security jail in 2001 after being pushed out in a laundry cart. He has been on the run ever since and is believed to be moving between locations in Mexico, Guatemala and Argentina.

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Source: http://feedproxy.google.com/~r/businessinsider/~3/OcQgV0pFx80/the-son-of-mexicos-most-notorious-drug-lord-has-been-arrested-2012-6

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The New York Times Just Added Two Big Time Tech Heavies To Its Board (NYT)

Brian McAndrews

The New York Times just added venture capitalists Brian McAndrews, the former Microsoft exec, and Joi Ito, also of MIT's Media Lab, to its board.

From August 2007 to December 2008, McAndrews was SVP of advertiser and publisher solutions at Microsoft. Now he's a partner at VC firm Madrona Venture Group.

Ito was an early investor in Flickr, Kickstarter and Twitter. He's currently the CEO of Neoteny Co, a venture capital firm.

Both Ito and McAndrews add serious tech credibility to the NYT board and should help the company finally find a CEO.

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Source: http://feedproxy.google.com/~r/businessinsider/~3/HfI_qfLbF1M/the-new-york-times-just-added-two-big-time-tech-heavies-to-its-board-2012-6

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These Horrible Ad Sales Numbers Show Why SmartMoney Will Stop Publication

smart money

SmartMoney magazine will stop printing its venerable personal finance title, its publisher announced, after a catastrophic loss of ad pages. Its digital operations will expand.

The entire investment magazine sector has been ruined by the secular trend of advertising moving from paper to the web. Look at these numbers compiled by TalkingBizNews, regarding Q1 2012:

  • SmartMoney: 19.3 percent decline in ad revenue to $6.9 million;
  • 23.4 percent drop in ad pages to 67.42.
  • Money: 9.3 percent decline in ad revenue to $20.8 million;
  • 13.7 percent decline in ad pages to 91.79.
  • Kiplinger’s Personal Finance: a 30.9 percent drop in ad revenue to $3.7 million;
  • 33.8 percent drop in ad pages to 53.93.

Related:

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Source: http://feedproxy.google.com/~r/businessinsider/~3/IkmXb3FPxdw/disastrous-ad-sales-numbers-show-why-smartmoney-will-halt-print-publication-2012-6

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UPDATE: Markets Making Big Comeback, Spanish Yields Falling Nicely

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UPDATE 5:45 AM:

And markets are turning around nicely.

In the last several minutes, steep losses in Spain have been erased (the IBEX has gone from being down close to 2% to being off just less than 0.2%) and Spanish borrowing costs are off sharply.

Italy is now up 0.4% on the day.

US futures are still pointing to a slightly negative open.

It's not clear what's caused the markets to turn around. A not horrible Spanish bond auction may have helped.

That being said, there's been a string of poor economic data out over the past several hours, including confirmation that Germany's economy is starting to crack.

 

ORIGINAL POST: Looks like another rough morning.

After a weak Chinese Flash PMI and a series of clearly contractionary European flash PMIs, everything is lower today.

Crude oil is about to drop below $80.

US futures are down about 0.5%.

Gold is below $1600

And Europe is getting smoked. The Spanish market is down 1.6%. Italy is off 0.6%. Germany is down 0.9%.

So basically we're seeing a combination of weak data, and perhaps some global reaction to yesterday's Fed, which may have been a tad more hawkish than expectations.

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