Leasing News Advertising

Display Advertising

Help Wanted Ads

Banner Help Wanted Ads

[headlines]
--------------------------------------------------------------

Top Ten Leasing News
July 7 - July 9

(Stories most opened by readers)

(1) Crestmark Vendor Finance to Halt Business
    From 7/1/2020 to 7/19/2020
http://leasingnews.org/archives/Jul2020/07_07.htm#crestmark

(2) New Hires/Promotions in the Leasing Business
    and Related Industries
http://leasingnews.org/archives/Jul2020/07_09.htm#hires

(3) Popular Barry Shafran Out as President/CEO
    Chesswood Group Limited, Pawnee Parent among others
http://leasingnews.org/archives/Jul2020/07_07.htm#popular

(4) Leasing Software Companies
    Updated
http://leasingnews.org/archives/Jul2020/07_09.htm#lsw

(5) Industries with the Highest Rate of Unemployment
    June, 2020 by Industry and Class of Worker
http://leasingnews.org/archives/Jul2020/07_09.htm#industries

(6) Kemp to deploy 1,000 National Guard troops
    after violent weekend
https://www.ajc.com/news/state--regional-govt--politics/kemp-deploy-000-national-guard-troops-after-violent-weekend/nuGXOOMNsj0zkkoO9GLNPL/

(7)  Credit Grantors Scramble to Catch Up in Decision Making
  COVID-19 Changing Business Dynamics
    By Christopher Menkin
http://leasingnews.org/archives/Jul2020/07_07.htm#credit

(8) North Mill Record First Half 2020 Originations!
  Expands to Larger Headquarters
    Results from Changing Directions in COVID 19
http://leasingnews.org/archives/Jul2020/07_07.htm#north

(9) Tom Hanks delivers a blunt message
    about COVID-19 on 'Today’
https://www.sfgate.com/movies/article/Tom-Hanks-delivers-a-blunt-message-coronavirus-15391483.php
(His birthday today, July 9, 1956, born Concord, California).

(10) DocuSign Buys Liveoak for $38M
    looks to launch “DocuSign Notary”
https://www.cfo.com/ma/2020/07/docusign-buys-liveoak-for-38m/

 

[headlines]
--------------------------------------------------------------

Balboa Capital Added to Good Guys: Companies
Who Notify Lessee in Advance of Lease Expiration

Also added to:
Funder List "A"/ Funders Looking for
New Broker Business/ Story Credit Lessors

Name In Business Since Contact Website Leasing Association	Employees	Geo Area	Dollar Amount	Business Reports	A	B	C	D	E
Balboa Capital Corp. 1988 Contact: Robert J. Rasmussen, COO tel.949-399-6344 fax.949-224-2744  robertjr@balboacapital.com www.balboacapital.com ELFA	200	USA	$1,000 - $5,000,000		Y	Y	N	N	Y

A -Accepts Broker Business | B -Requires Broker be Licensed
 | C -Sub-Broker Program| D -"Private label Program" | E - Also "in house" salesmen

Balboa sends 9 months notification of impending lease renewal; it is highly instructive and detailed via regular mail and email

Balboa also sends out a follow up 90, 60 and 30 days notification, again detailed via email and via bold notice contained on each invoice for payment

The end of lease folks were changed 1 12/2 years ago, from customer service to “professional end of lease folks” that report directly to me, they are no longer rewarded or compensated based on getting “More than the booked residual” or “additional renewal rentals”, they are simply salaried staff who are focused on end of lease professionally and measured on “accounts Closed” without incident.

- Robert J. Rasmussan, COO

Good Guys: Companies
 Who Notify Lessee in Advance of Lease Expiration
http://leasingnews.org/Pages/lease_expiration.html

Funder List
http://leasingnews.org/Funders_Only/Funders.htm

Funders Looking for Broker Business
http://leasingnews.org/Funders_Only/New_Broker.htm

Story Credit List
http://leasingnews.org/Story_Credit/Story_Credit.htm

Salespeople Are Different
By Brian Link

About 5 years ago, I hired an individual for a sales role. He looked like a perfect fit. He was a recent college graduate.  He had worked his way through school with a job off campus. He participated in competitive sports at the college level and his grades were good (but not too good). He checked all the boxes.

After 2 months, he was a total failure.

What Did We Do Wrong?

What did we do wrong? We forgot to account for the fact that salespeople are different. The Profession of Selling is different. It’s different because it requires certain skills and attitudes that no other role in your company requires.

Think about this! Imagine you’re hiring someone for an administrative or finance position. You’ve identified the role. You’ve set the expectations. You’ve told them what you need them to do and given them the tools they need to be successful. You tell them who the people are to talk with to get some help if they need it and away they go. Most of the time it works out and everyone benefits. 

You do the same thing for your new salespeople, right? Is it just as common for them to work out?  Why not? What’s missing?

What Makes Sales Different?

There are several unique skills and attitudes necessary for a salesperson to be successful that are not necessary in any other role in your company. I’ll identify three. Your chances of a successful sales hire go down quickly if you don’t account for these, both in your hiring process as well as your onboarding and training process.

First is the ability to deal with Competition. On a daily basis, salespeople deal with competitors whose number one job is to see them fail. And many competitors will go to any lengths, even lying, to make that happen.  Do your other team members have obstacles to deal with? Of course, they do!  But if the phone system or the internet goes down, or you can’t get a call back from an underwriter, those kinds of things are frustrating obstacles to success.  It’s not the same as dealing with people whose purpose in life is to see you fail.

Second is the ability to deal with Prospects. For purposes of this article, let’s define a Prospect as someone who has a genuine need for what we’re selling and the ability to pay for it. A successful salesperson knows this is not enough!  Any salesperson making outbound calls faces the fact that even the best prospects are resistant to change. They may even be hostile. Rarely are prospects waiting for the salesperson’s call and it’s common that they will resist being sold to even if it is in their own best interest.  As the old saying goes, “no one likes to be sold but everyone likes to buy.”

Lastly, sometimes it’s the salesperson him or herself who gets in their own way. Things like Self-Limiting Beliefs, the ability to handle rejection and not take it personally or having an appropriate need for approval. It’s what goes on between their ears that will make all the difference. We’ve identified 6 core competencies that constitute what we call “Sales DNA”. These have proven to be strong predictors of sales success.

Hiring for Success

So if your goal is to hire salespeople who will be effective selling your company’s products and services despite all these challenges, be sure to utilize a hiring process designed to quickly find, identify, attract, interview, hire and retain top sales talent. Don’t use the same hiring process you use for other roles.

I’ll give you one more old saying: “It’s the unspoken objection that kills most deals.” In a similar fashion, it’s what you don’t know about that potential sales hire that will make or break them as a sales success story.  The question is this: Would you rather find out before they’re hired, or wait a couple months, like I did?

Remember that new hire I mentioned at the beginning of this article? Luckily for us, we had an opening in another, non-selling role. He was moved to that role and is today an AVP and an unbelievably valuable member of the team. Which proves my point. He was a good hire, just not a good SALES hire. Why? Because Salespeople are different.

Brian Link
President/Founder
InSource Capital Service
brian@insourcecapital.com
https://www.linkedin.com/in/briandlink/
Previous Article: Some Important Questions to Ask By Brian Link
http://leasingnews.org/archives/Apr2020/04_22.htm#some

[headlines]
--------------------------------------------------------------

Who Says Women Are Smarter than Men?

[headlines]
--------------------------------------------------------------

Building Your Personal Brand

The Ultimate Hire by Ken Lubin, ZRG Partners

It is more important than ever to build your personal brand. With the new normal that we are facing, there is going to be less time to be in front of others than ever before. As business people, sales people, trades people, etc… We need something that will stick, that will keep us in front of others, that will keep you at the forefront of people’s minds. Like in the phone book (for those of you who know what a phone book is), the companies that start with AAA are the first ones listed.  You need to be the first one listed in people’s minds.

A few things you can do to differentiate yourself:

1. Buy your name as a domain and build a site. It doesn’t need to be anything fancy. It will be a repository of your resume, articles, press, passion projects, etc. You can easily do it Wix.com, weebly.com or godaddy.com

2. Build out your LinkedIn profile.  This is imperative. It is getting to the point, if you aren’t on LinkedIn, organizations are asking why. Similar to your website, it is a professional space for you to list your accomplishments.  You can also easily share relevant articles, career changes, and media that you have been part of.

3. Start a podcast. It has never been easier.  Go to anchoe.fm for one stop shopping. It gives you the opportunity to record, edit and distribute all from one place.  We all have something that we are passionate about, talk about it. Listen to your own voice and practice.  It’s a great way to learn how you really sound.

Take the opportunity to do the simple things when you have some downtime. It also gets the creative mind flowing and firing.  It is easier than ever to get stuck in a funk, but build some new skills, announce to the world your expertise and don’t sit still. 

Take care and stay safe

Ken

klubin@zrgpartners.com

Ken Lubin
Managing Director
ZRG Partners, LLC
Americas I EMEA I Asia Pacific
C: 508-733-4789
https://www.linkedin.com/in/klubin/

"What is the Ultimate Hire? The Ultimate Hire is the professional that every business, team or leader needs in their organization. This is the high performance individual that always rises to the top, brings the team to the next level and can significantly add to the bottom line. The Ultimate Hire is the person that you can't afford to be without. Finding, Attracting, Hiring and Retaining these professionals is critical to the success of your business. We have identified these traits and can help you find these top professionals."

The Ultimate Hire Collection:
http://leasingnews.org/Conscious-Top%20Stories/ultimate.html

 

Husky
Costa Mesa, California Adopt a Dog

Blue

Male
Age: 2 years, 6 months
Good with older kids
Single Dog Home
Location: Orphanage, Costa Mesa
Kennel #4

This handsome boy teenager is playful and full of energy. Could use some training to be the best dog he can be. A little fearful until he knows you. Loves walks and playing tug a war. Come see this gorgeous boy.

Priceless Pet Rescue Partners
1536 Newport Blvd.
Costa Mesa, CA 92627
info@pricelesspetrescue.org
Hours
Mon – Tues: Closed
Wed – Fri: 12 pm – 7 pm
Sat: 12 pm – 5 pm
Sun: 12 pm – 4 pm

[headlines]
--------------------------------------------------------------

News Briefs----

Florida reports more than 15,000 new coronavirus cases,
    shattering record
https://www.cnbc.com/2020/07/12/florida-reports-more-than-15000-new-coronavirus-cases-shattering-record.html

Rift grows between Trump, health experts
   amid coronavirus surge
https://abcnews.go.com/Politics/rift-grows-trump-health-experts-amid-coronavirus-surge/story?id=71715206

Companies On PPP List Claim to Have Received
    No PPP Money
https://debanked.com/2020/07/all-not-as-it-seems-as-companies-on-ppp-list-claim-to-have-received-no-ppp-money/

Catholic Church lobbied for taxpayer funds, got $1.4B
   may have reached -- or even exceeded -- $3.5 billion
https://apnews.com/dab8261c68c93f24c0bfc1876518b3f6

Fintech disruptor SoFi wants to become a national bank
    — again
https://www.cnbc.com/2020/07/09/fintech-disruptor-sofi-wants-to-become-a-national-bank-again.html#
(The company claims to have 1 million members and has made $45 billion in loans to date. SoFi has raised $2.3 billion in funding and is valued at around $4.8 billion.)

Long delays in getting test results
    hobble coronavirus response
https://www.sfgate.com/news/article/Long-delays-in-getting-test-results-hobble-15403222.php

Leaving Airplane Middle Seats Empty Could Cut
    Coronavirus Risk Almost In Half, a Study Says
https://www.forbes.com/sites/carlieporterfield/2020/07/11/leaving-airplane-middle-seats-empty-could-cut-coronavirus-risk-almost-in-half-a-study-says/#3e7623781a0c

Harley-Davidson cuts 500 jobs
    in latest round of layoffs
https://nypost.com/2020/07/09/harley-davidson-cuts-500-jobs-in-latest-round-of-layoffs/

Fourth of July travel numbers reveal
    continuing decline of motorists
https://landline.media/fourth-of-july-travel-numbers-reveal-continuing-decline-of-motorists/

 

 

[headlines]
--------------------------------------------------------------

You May Have Missed---

U.S. may need another 1 billion square feet
    of warehouse space by 2025 as e-commerce booms
https://www.cnbc.com/2020/07/09/us-may-need-another-1-billion-square-feet-of-warehouse-space-by-2025.html

[headlines]
--------------------------------------------------------------

Sports Briefs---

Pac-12 cancels all non-conference games in football,
    other fall sports
https://www.mercurynews.com/2020/07/10/coronavirus-pac-12-football-cancels-all-non-conference-games/

With Buster Posey out,
     Giants’ catching depth geared toward long term
https://www.sfchronicle.com/giants/article/With-Buster-Posey-out-Giants-catching-depth-15402957.php

[headlines]
--------------------------------------------------------------

California Nuts Briefs---

San Jose Teachers Refuse to Return
   to the Classroom Citing ‘Unsafe Conditions'
https://www.nbcbayarea.com/news/local/south-bay/san-jose-teachers-refuse-to-return-to-the-classroom-citing-unsafe-conditions/2324286/

‘They wanted to live.’ Inside a California nursing home
     as COVID-19 swept through its doors
https://www.sacbee.com/news/coronavirus/article244070372.html?

[headlines]
--------------------------------------------------------------

“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8

This winemaker to the stars has opened
      a Sonoma tasting room of his own — here's a preview
https://www.sfchronicle.com/travel/article/Winemaker-wunderkind-opens-new-tasting-room-in-15394221.php

Last call: Las Vegas to shut bars down again
     Friday night to thwart coronavirus spike
https://www.usatoday.com/story/travel/news/2020/07/10/las-vegas-reopening-bars-shut-down-again-thwart-coronavirus-spike/5412227002/

Free Wine App
https://www.nataliemaclean.com/mobileapp/

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

This Day in History

     1585 - A group of 108 English colonists, led by Sir Richard Grenville, reached Roanoke Island, North Carolina. Roanoke Island near North Carolina became England's first foothold in the New World. Sir Walter Raleigh sent a detachment of 108 men to build a fort on the island. The detachment included two scientists, Thomas Hariot, a surveyor, mathematician, astronomer and oceanographer, and Joachim Gans, a metallurgist.
    1729 - Birthday of Minuteman John Parker (d. 1775), Lexington, Massachusetts Bay Colony.  “Stand your ground. Don't fire unless fired upon, but if they mean to have a war, let it begin here.” Captain John Parker to the Lexington patriot militia assembled on Lexington Green, preparing to fight the British at the Battle of Lexington. http://memory.loc.gov/ammem/today/jul13.html
    1787 - The Continental Congress enacted a slavery ban for a territory of the United States. The law prohibited slavery forever within the borders of the Northwest Territory.     
    1787 – The Northwest Ordinance, also known as the Freedom Ordinance or The Ordinance of 1787, was approved by the Congress of the Confederation of the United States (the Confederation Congress).  The ordinance created the Northwest Territory, the first organized territory of the United States as the lands beyond the Appalachian Mountains, between British North America and the Great Lakes to the north and the Ohio River to the south. The upper Mississippi River formed the Territory's western boundary. It was the response to multiple pressures: the westward expansion of American settlers, tense diplomatic relations with Great Britain and Spain, violent confrontations with Indians, the weaknesses of the Articles of Confederation, and the empty treasury of the American government. Considered one of the most important legislative acts of the Confederation Congress, it established the precedent by which the Federal government would be sovereign and expand westward with the admission of new states, rather than with the expansion of existing states and their established sovereignty under the Articles of Confederation. It was also precedent setting legislation with regard to American public domain lands.  
    1821 - Nathan Bedford Forrest (d. 1877) was born in Chapel Hill, TN.  This is an official holiday in the State of Tennessee.  A lieutenant general in the Confederate Army, he is remembered as a self-educated, brutal, and innovative cavalry leader during the Civil War and as a leading Southern advocate in the postwar years. He was a pledged delegate from Tennessee to the Democratic National Convention in New York in 1868. He served as the first Grand Wizard of the KKK, composed of many ex-Southern Civil War soldiers, but he later distanced himself from the organization. 
    1832 - Ethnologist Henry R. Schoolcraft was the first white person to arrive at the source of the Mississippi River at Lake Itasca, Minnesota. A pioneer in Native American studies, Schoolcraft conducted ethnological research among the Ojibwa in the Great Lakes region.
    1861 – At the Battle of Corrick's Ford, Virginia, the Union Army took total control of western Virginia (what is now West Virginia on the Cheat River) and it stayed that way for the rest of the war.  The campaign propelled Maj. Gen. George B. McClellan to command of the Army of the Potomac.
    1862 - The First Battle of Murfreesboro, an important Union supply center on the Nashville & Chattanooga Railroad, was fought in Tennessee. Troops under Confederate Brig. Gen. Nathan Bedford Forrest surprised and quickly overran a Federal hospital, the camps of several small Union units, and the jail and courthouse in Murfreesboro. All of the Union units surrendered to Forrest, and the Confederates destroyed much of the Union's supplies and destroyed railroad track in the area. The primary consequence of the raid was the diversion of Union forces from a drive on Chattanooga and the deprivation of supplies.
    1863 - Starting today and lasting until July 16, antidraft riots broke out in New York City. Modern history's bloodiest riot began when a mob of 50,000 Civil War draft protesters burn buildings (including an orphan asylum), stores and draft offices, attack police. Some club, lynch and shoot large numbers of blacks, who they blamed for the war. Rioters were protesting the provision allowing true red-blooded flag-waving Americans to make cash payment in place of serving in the army. When troops returning from Gettysburg finally restored order, 1,200 were dead.
    1863 - Mary Emma Woolley (d. 1947) birthday, S. Norwalk, CT.  President of Mt. Holyoke College (1900- 1937) whose strong leadership expanded it to a major learning institution.  She was voted one of the 12 most influential women in America.
    1865 - Horace Greeley advises his readers to "Go west young man.”  Greeley was editor of the New-York Tribune, among the great newspapers of its time.  It was first stated by John Babsone Lane Soule in an 1851 editorial in the Terre Haute Express, "Go west young man, and grow up with the country." Greeley later used the quote in his own editorial in 1865, favoring westward expansion.  He saw the fertile farmland of the west as an ideal place for people willing to work hard for the opportunity to succeed. The phrase came to symbolize the idea that agriculture could solve many of the nation's problems of poverty and unemployment characteristic of the big cities of the East. It is one of the most commonly quoted sayings from the nineteenth century and may have had some influence on the course of American history.  Some sources have claimed the phrase is derived from the following advice in Greeley's July 13, 1865 editorial in the New York Tribune, but this text does not appear in that issue of the newspaper. The actual editorial instead encourages Civil War veterans to take advantage of the Homestead Act and colonize the public lands: “Washington is not a place to live in. The rents are high, the food is bad, the dust is disgusting and the morals are deplorable. Go West, young man, go West and grow up with the country.”
    1868 - Oscar J Dunn, former slave, installed as lieutenant governor of Louisiana.
http://www.famousamericans.net/oscarjamesdunn/
    1869 - Street riots against Chinese laborers begin in San Francisco.
www.chiamonline.org/Chronology/1850.htm
    1886 - Birth of Father Edward Flanagan (d. 1948), Leabeg, Ireland.  American Catholic parish priest. Believing there was 'no such thing as a bad boy,' in 1922, he organized Boys Town near Omaha, Nebraska.
    1898 – The Ferry Building, at the foot of Market Street on the Bay in San Francisco, opened to the public.  Designed in 1892 by American architect A. Page Brown in the Beaux Arts style, it was the largest project undertaken in the city up to that time. Brown designed the clock tower after the 12th-century Giralda bell tower in Seville, Spain, and the entire length of the building on both frontages is based on an arched arcade. The well-built reinforced building with its arched arcades survived both the 1906 and 1989 earthquakes with little damage. It served as the destination for commuters to San Francisco from the East Bay, who rode the ferry fleets of the Southern Pacific and the Key System.
    1898 – Guillermo Marconi patented the radio. US Patent 997,308 for "Transmitting apparatus for wireless telegraphy." Marconi made his first demonstration of his wireless transmission system for the British government in July, 1896.  Numerous additional demonstrations followed, and Marconi began to receive international attention. In July 1897, he carried out a series of tests in his home country, for the Italian government. A test for Lloyds in Ireland was conducted on July 6, 1898. autumn of 1899, the first demonstrations in the United States took place, with the reporting of the America’s Cup international yacht races at New York.  Marconi sailed to the United States at the invitation of the New York Herald newspaper to cover the races off Sandy Hook, NJ. The transmission was done aboard the SS Ponce, a passenger ship.  Marconi left for England on November 8, 1899 on the SS St. Paul, and he and his assistants installed wireless equipment aboard during the voyage. On 15 November, Saint Paul became the first ocean liner to report her imminent return to Great Britain by wireless when Marconi's Royal Needles Hotel radio station contacted her sixty-six nautical miles off the English coast.  The role played by Marconi Co. wireless in maritime rescues raised public awareness of the value of radio and brought fame to Marconi, particularly the sinkings of the RMS Titanic on April 15, 1912 and the RMS Lusitania on May 7, 1915.  Titanic radio operators Jack Phillips and Harold Bride were employed the Marconi International Marine Communications Company, not the ship line. After the sinking of the ocean liner, survivors were rescued by the RMS Carpathia.  Also employed by the Marconi Company was David Sarnoff, who later headed RCA. Wireless communications were reportedly maintained for 72 hours between Carpathia and Sarnoff. When Carpathia docked in New York, Marconi went aboard with a reporter from The New York Times to talk with Bride, the surviving operator.
    1913 – Dave Garroway (d. 1982), the first host of “Today” (1952-61), was born, Schenectady, NY. 
    1915 - Baltimore, MD, became the first city to support a City orchestra ($6,000).
    1923 - A sign consisting of 50-foot-tall letters spelling out "HOLLYWOODLAND" was dedicated in the Hollywood Hills to promote a subdivision (the last four letters were removed in 1949).  Real estate developers Woodruff and Shoults called their development "Hollywoodland" and advertised it as a "superb environment without excessive cost on the Hollywood side of the hills."
    1930 – David Sarnoff reported in The New York Times, "TV would be a theater in every home."
    1934 – Babe Ruth hit his 700th career HR, in Detroit.  He finished his career with 714, the record until Hank Aaron passed him in 1974.
    1936 - 112ø F (44ø C), Mio, Michigan (state record)
    1936 - 114ø F (46ø C), Wisconsin Dells, Wisc. (state record)
    1938 - When the first television theatre opened in Boston, Massachusetts, spectators paid 25 cents to witness the event. Attended by 200 people, the variety show included dancing and singing, and lasted 45 minutes. The acts were transmitted to the room, by television, while they were being performed on the floor above the theatre.
    1939 - Making his recording debut with the Harry James band was Frank Sinatra, who sang "Melancholy Mood" and "From the Bottom of My Heart."
( lower half of: http://memory.loc.gov/ammem/today/jul13.html )
    1940 - Captain Jean-Luc Picard Birthday.  Actually this is the birthday of the man who played Capt. Picard, Patrick Stewart, who was born in Mirfield, Yorkshire, England.
    1946 - Top Hits
“They Say It's Wonderful” - Frank Sinatra
“The Gypsy” - The Ink Spots
“I Don't Know Enough About You” - The Mills Brothers
“New Spanish Two Step” - Bob Wills
    1954 - Top Hits
“Little Things Mean a Lot” - Kitty Kallen
“Hernando's Hideaway” - Archie Bleyer
“The Little Shoemaker” - The Gaylords
“Even Tho” - Webb Pierce
    1959 - The Shirelles song, "Dedicated To The One I Love," was released. The song only hit number 83 on "Billboard" magazine's Top 100 chart. When the song was re-released in 1961, it went to number three on the charts.
    1960 - Democratic National convention nominates Senator John F Kennedy for President.
    1962 - Top Hits
“The Stripper” - David Rose
“Roses are Red” - Bobby Vinton
“Al Di La'” - Emilio Pericoli
“Wolverton Mountain” - Claude King
    1963 - At the age of 43, Early Wynn pitches the first five innings to register his 300th win as the Indians down the Kansas City A's, 7-4. It will be his last Major League win.
    1968 - Paul Simon and Art Garfunkel's album, "Bookends" is #1 for the third week in a row. That album along with the "Mrs. Robinson" soundtrack will give the duo 16 straight weeks at #1 on the L.P. charts.
    1968 - Steppenwolf's "Born To Be Wild" is released.
    1970 - Top Hits
“Mama Told Me” (“Not to Come”) - Three Dog Night
“Ball of Confusion” - The Temptations
“Ride Captain Ride” - Blues Image
“He Loves Me All the Way” - Tammy Wynette
    1971 - At the All-Star Game at Tiger Stadium at Detroit, Michigan, Reggie Jackson hit a home run off Doc Ellis. The ball bounced off a light tower deep in right field. With a score of 6-4, the American League won the game.
    1972 - Baltimore Colts owner Carroll Rosenbloom and Los Angeles Rams owner Robert Irsay proposed a unique trade to the NFL, when the wealthy businessmen traded teams.  During his stewardship of both franchises, Rosenbloom amassed the best ownership winning percentage in league history (.660), a total regular season record of 226 wins, 116 losses, and 8 ties, 3 NFL Championships, and one Super Bowl (V) with the Colts.  Irsay acquired the Rams from the estate of Daniel Reeves.  After the franchise swap, the only accomplishment Irsay recorded was the late-night stealth move of the Colts to Indianapolis, forever incurring the enmity of Baltimore fans not unlike that of Brooklyn Dodger fans.
    1973 - During a concert at the John Wayne Theatre in Buena Park, California, the Everly Brothers broke up. Right in the middle of the concert Phil Everly walked off the stage, brother Don said, “The Everly Brothers died ten years ago.”  Starting in 1983, the brothers got back together and would continue to perform periodically until Phil's death in 2014.
http://www.everly.net/
    1973 - Alexander Butterfield reveals the existence of the Nixon tapes to the special Senate committee investigating the Watergate break in.
    1974 - George McCrae's "Rock Your Baby" begins the first of two straight weeks at #1.
    1974 - Eric Clapton's "I Shot The Sheriff" is released.
    1977 - A vast power failure plunged New York City and Westchester County into darkness last night, disrupting the lives of nearly nine million people.  Thousands of subway riders were trapped in trains that stopped between stations. Homes and apartments went black. Thousands of people were trapped in elevators. Others stumbled and streamed from theaters, restaurants, and late-closing shops and office buildings.  The power failed at 9:34 P.M., apparently when lightning struck a Consolidated Edison electrical transmission line in northern Westchester.
http://sloan.stanford.edu/Blackout/archive/curvin_porter/curvin_porter_toc.html
    1978 - Top Hits
“Shadow Dancing” - Andy Gibb
“Baker Street” - Gerry Rafferty
“Take a Chance on Me” - Abba
“I Believe in You” - Mel Tillis
    1980 - Afternoon highs of 108 degrees at Memphis, TN, 108 degrees at Macon, GA, and 105 degrees at Atlanta, GA, established all-time records for those three cities. The high of 110 degrees at Newington, GA, was just two degrees shy of the state record
    1982 - In Montreal, Canada, the first All-Star Game to be played outside the United States took place. For the eleventh consecutive year, the National League won when it defeated the American League 4-1.
    1984 - The Yankees retire Roger Maris (#9) and Elston Howard (#32) uniform numbers. The team also erect plaques in their honor to pay tribute to their achievements as Bronx Bombers.  Maris broke Babe Ruth’s season home run record in 1961, won back-to-back MVP Awards, and the Yankees went to the World Series every year from 1960-64 while Mari joined with Mickey Mantkle for a devastating outfield pair that rivaled Ruth and Gehrig.  Howard was the first black Yankee, the first African American to win the MVP.  During his Yankee career (1955-67), the Yankees went to the World Series in all but four years, winning four.
    1984 - When sportscaster Howard Cosell asked to leave "Monday Night Football," saying he was “tired of being tied to the football mentality." Roone Arledge gave him what he wanted, and a year later, Cosell was removed from television altogether.
    1985 - Simultaneously, the "Live Aid" concert, for African famine relief, occurred in Philadelphia, Pennsylvania and London, England. Performances from JFK Stadium in Philadelphia, London's Wembley Stadium and other venues were broadcast world-wide and raising over $70 million. The all-day and most-of-the-night concert showcased some of rock 'n' roll's biggest names including Mick Jagger, Tina Turner, Madonna, Bob Dylan and Paul McCartney. The concert was attended by 162,000 people, while 1.5 billion people watched the show from their televisions. Bob Geldorf, singer for Boomtown Rats organized the "Live Aid" concert and was responsible for gathering the big name stars, all of agreed to perform without pay.
    1985 - "A View to a Kill," from the James Bond movie of the same name, performed by Duran Duran, went to the top of the record charts, staying on top for two weeks. Both themes from James Bond movies, "Live and Let Die" by Wings and "Nobody Does It Better" by Carly Simon only reached number two on the record charts.
    1986 - Top Hits
“Holding Back the Years” - Simply Red
“Invisible Touch” - Genesis
“Nasty” - Janet Jackson
“Hearts Aren't Made to Break” (“They're Made to Love”) - Lee Greenwood
    1986 - Philadelphia Phillie Kent Tekulve broke the National League record for relief appearances for his 820th performance. He helped his team win in the 11-inning over the Houston Astros 5-4. The old record holder was Elroy Face of Pittsburgh.
    1987 - Representatives of fifty of America's largest record retailers are guests at Michael Jackson's home in Encino, California to preview his new album, "Bad". The LP, which includes the singles, "I Just Can't Stop Loving You", "Bad", "The Way You Make Me Feel", "Man in the Mirror" and "Dirty Diana", would go on to reach number one on the Billboard Hot 200 chart and sell over 30 million copies worldwide.
    1989 - A thunderstorm at Albany, GA, produced 1.40 inches of rain in forty minutes, along with wind gusts to 82 mph. Afternoon highs of 98 degrees at Corpus Christi, TX, 110 degrees at Tucson, AZ, and 114 degrees at Phoenix, AZ, equaled records for the date. Greenwood, MS, reported 55.65 inches of precipitation for the year, twice the amount normally received by mid-July.
    1994 – Jeff Gillooly, former husband of skater Tonya Harding, was sentenced to 2 years for attacking rival Nancy Kerrigan.
    1995 - Rush vocalist Geddy Lee sings "Oh Canada" before the All-Star Game at Baltimore's Camden Yards.
    1995 - The temperature in Chicago, Illinois reached its all-time high -- 106 degrees (Fahrenheit) -- recorded at Midway Airport.   
http://www.press.uchicago.edu/Misc/Chicago/443213in.html
    1999 - Boston Red Sox pitcher Pedro Martinez became the first pitcher to open an All-Star Game with four strikeouts and fanned five in two dazzling innings to lead the American League to a 4-1 victory over the National League at Fenway Park.
    2011 - Researchers revealed two studies showing the antiretroviral drugs prescribed to treat AIDS can also prevent HIV infections.
    2013 - George Zimmerman was found not guilty in the case regarding the fatal shooting of Treyvon Martin.
    2014 – Orbital Sciences launched its second cargo rocket to the International Space Station.
    2014 – The House Judiciary Committee finds that there are no grounds for the impeachment of President Obama.