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Leasing News is a website that posts information, news, and
entertainment for the commercial alternate financing,
bank, finance and leasing industries

Monday, July 15, 2019

Today's Leasing News Headlines

Post a Free Ad that You are Looking
   Limited to 100 Words
Leasing News Top Stories
   July 8 - July 11
Funders Taking "New" Broker Business List
  Four Do Not Require that Brokers Be Licensed
California Financing Law
  Main Page for CFL License
Developing Strong Leaders for the
   Commercial Equipment Leasing/Financing Industry
Leasing Industry Ads---
    Experienced Sales Professional Wanted
Leasing News Help Wanted Gets Results
   How to Advertise
I Want to Move
    Career Crossroad---By Emily Fitzpatrick/RII
Confidence Strong As Middle Market Companies Adapt
   To Offset Economic Uncertainty, Market Disruption
Dutch Shepherd/Pointer/Mixed
   Aurora, Colorado  Adopt a Dog
What's New at the 2019 ELFA Convention?
  3:13 Video ELFA Chairman Jud Snyder/Pres. & CEO Ralph Petta
News Briefs---
Ford & VW Agree to Share Costs of Self-Driving & Electric Cars
   to join forces to fend off Silicon Valley challengers/avoid obsolescence
Boeing 737 MAX not expected to return to service until        
   January 2020
Nearly half of all states now tab alternative-fuel vehicles
  for more revenue

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
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 You May have Missed---
  Sports Brief----
   California Nuts Brief---
     "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. The source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.

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Leasing News Top Stories
July 8 - July 11

(Stories most opened by readers)

(1) Don’t Get Caught Doing Business in California
If You Are Required to Have a License or Don’t File Annual Report

(2)  US Soccer Pay Gap - Chart
     #Equal Play Equal Pay

(3) Funders Looking for Broker Business

(4) New Hires/Promotions in the Leasing Business
      and Related Industries

(5)  Signs of an Imminent Layoff
 Career Crossroad---By Emily Fitzpatrick/RII

(6) Ranked: The Wealth of Nations - Chart
   Top Wealthiest Countries, Per Capital

(7)  Tesla Dominates Electric Car Sales in the United States
  Est. Plug-In Electric Vehicle Sales in US in 2018 by Model

 (8) How Do You Rank with Your Peers?
   Sales Makes it Happen by Scott Wheeler, CLFP

(9) Foreclosures in Western U.S. a Cause for Concern
  largest rise of distressed properties in the second half of 2019

(10) Ascentium Capital Reports 26% Growth
    Quarter-Over-Quarter in Funded Volume



Funders Taking "New" Broker Business List
Four Do Not Require that Brokers Be Licensed

BSB Leasing, Inc.
Bankers Capital
C.H. Brown Company
Forum Financial Services
TimePayment Corp.

The following “funders” have informed Leasing News they will consider business from “new” third party originators.  Many companies require a
certain length of time in business and other requirements, such as a specific volume of business.  These “funders” will consider submissions from those new in the leasing and finance business: 

In Business Since
Leasing Association
Business Reports

BSB Leasing, Inc.
1992 Colorado, Hawaii
Don Meyerson, Pres.
Steve Crane, CLFP
VP, Commercial Division  
Vicki Shimkus,CLFP 
West Coast Brokers
(click here for further description)


$10,000 Minimum
Application Only to
$250,000 Financial
Statement Transaction
Up to $1MM Business
Loans Up to $500K

Bankers Capital
Larry LaChance - President
50 states
$25,000 +


C.H. Brown Company
a Subsidiary of Platte Valley Bank
Wheatland, Wyoming
Bradon Marshall, President

Forum Financial Services, Inc.
Tim O'Connor
972.690.9444 ext. 225
240 Lake Park Blvd. Suite 112
Richardson, TX 75080
$50,000 - $1.5 million (Our average size transaction is $250,000. Preferred range $100,000 - $500,000)
Timepayment Corp
Burlington, Massachusetts
Cory Damm
Vice President
$500 to 
$1 million

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

Bookmark Leasing News


California Financing Law
  Main Page for CFL License


Developing Strong Leaders for the
Commercial Equipment Leasing/Financing Industry

Industry Survey:
Production & Compensation
Commercial Equipment
Leasing and Finance

Wheeler Business Consulting is committed to the commercial equipment leasing and finance industry. We provide a free "Sales Tip" to thousands of finance and leasing professionals on a weekly basis. Today we are asking for your assistance.

Wheeler Business Consulting is facilitating a survey on compensation for originators in the commercial equipment leasing and finance industry. The results will be made available through our monthly newsletter and website. Your participation is greatly appreciated and is needed to increase the value of the data.  
The survey is designed to take 2 to 5 minutes to complete.

Click to participate in this year's compensation and income survey and discover how you rank among your peers. Results to be published in Wheeler Business Consulting Newsletter as well as Leasing News.


Help Wanted Ads



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I Want to Move

Career Crossroad---By Emily Fitzpatrick/RII

Whether it is a spouse moving, a lifestyle change, wanting to buy a house in an area where you can afford to live, moving closer to your grown-up children, or to help an adult reaching an older age, you first should discuss with your current employer the possibility of working from a remote location. This is typically not an issue if you are in a Business Development role.

However, if you are in a Management or Operations role, your company's computer system or method of operation may not make this feasible. I see "Cloud Computing" growing, meaning anyone from anywhere can access the company computer system without dialing up as all the information is located elsewhere to be downloaded by digital device, tablet, laptop or home computer. I see more and more employees now working from their home.

VOIP or Digital phone as well as a fast internet connection are making it more and more feasible to work away from the main headquarters.

If the only reason for making a move is predicated on location, FIRST discuss with your employer. They may even "lend" you a computer or surprise you by paying for your relocation cost and, if they do, they may request reimbursement should you leave the company within a specified time frame.
You might be surprised to find your employer finding you more valuable than you realize and wanting to keep you working for the firm.

I always recommend talking with your employer to explore all opportunities.

Please call me if you would like to discuss this in person.

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone:  954-885-9241
Cell:  954-612-0567

Invite me to connect on LinkedIn
Also follow us on Twitter #RIIINFO

Career Crossroads Previous Columns


##### Press Release ############################

Confidence Strong As Middle Market Companies Adapt
To Offset Economic Uncertainty, Market Disruption

2019 Umpqua Bank Middle Market Monitor Surveys Regional CEOs,
CFOs for Insight into Strategic Priorities and Market Direction

PORTLAND, Ore., -- Middle market companies across the Western U.S. are bullish on their growth prospects well into 2020, even as they confront near-term economic uncertainty and ongoing market disruptions. According to the 2019 Umpqua Bank Middle Market Monitor, a survey of 250 middle market companies in California, Washington, Oregon, Idaho and Nevada ("regional"), economic optimism is high among CEOs and CFOs, but strategic shifts are underway as companies look to remain competitive and position themselves for future growth. Of executives surveyed, 73% are actively seeking M&A opportunities, nearly 60% are either looking for new foreign trading partners or altering plans for international expansion, and 56% are accelerating investment in new technology as a top priority.

Tory Nixon, Chief Banking Officer at Umpqua Bank, said, "The health of middle market companies is of central importance to the overall U.S. economy as they're responsible for producing roughly one-third of U.S. private-sector GDP—which totals about $5-6 trillion1.

"The prospect of continued growth is instilling confidence in business leaders, but they aren't resting on their laurels. Our research indicates that CEOs and CFOs in the middle market are confident they're on a good growth trajectory but understand that adaptation is critical to being competitive in an ever-changing market environment."

Regional middle market companies expect strong revenue growth
According to the survey, a majority of middle market executives expect continued growth during the second half of 2019 and into 2020, with 57% of executives expressing they are very confident in the U.S. economy. Furthermore, 99% of those surveyed were confident in their own growth prospects, with 35% stating predicted revenue growth to be between 11-15% and 90% anticipating their revenue to grow by more than 5%, which is significantly higher than the World Bank's Global Growth predictions2 of 2.6% growth.

Record M&A activity set to continue

U.S.-targeted M&A broke historical Q1 records by reaching a total volume of $537.6 billion across 2,158 deals3, and the Middle Market Monitor indicates that will continue in Q3 and Q4 with nearly 3-in-4 executives expecting their companies to be involved in an M&A transaction in the next year. Further, roughly half (48%) stated they plan to acquire a company in the next 12 months, and 18% of companies plan to be acquired in the same timeframe.

Supporting this volume of potential deal activity, the expectation for growth coupled with an unprecedented amount of liquidity sees continued competition for funding. Middle market firms continue to choose bank financing as the top source of growth strategy funding, with private equity financing being used by one in four (24%) respondents looking at alternative sources.

Trade dispute alters international strategy as companies pivot away from China

In an unpredictable economy, middle market businesses have traditionally sought to leverage international opportunities to improve margins and scale. However, 90% of middle market leaders claim trade disputes with China have already impacted their approach to international business. Nearly 49% are now actively looking for new markets (outside of China) to help drive expansion, and nearly 10% have delayed expansion internationally. That said, only 25% believe the ongoing trade and tariff dispute will impact their growth plans long-term. With a historically tight labor market, an increase in the minimum wage registers as a slightly greater concern, with 26% of respondents indicating this would have a larger impact on business.

Richard Cabrera, Executive Vice President and Head of Commercial & Corporate Banking at Umpqua, remarked, "The opportunities to reduce risk domestically exist but are complex.

"Providing middle market businesses with sound counsel on where and how to expand internationally is a critical part of diversifying their supply chains and strengthening their market position. It can be advantageous for companies to pivot and look to other markets to grow."

Investment in disruptive tech is a priority

Leveraging new technology remains at the forefront of corporate strategies for middle market companies, with 61% of executives saying technology has already provided more opportunities to build and shape strong relationships with customers and vendors. Looking ahead, investments in new technology will be critical for 56% of companies in the next 12 months. More than 90% also plan to invest in technology to streamline operations, with 62% noting they are currently automating human work, showing they already expected this disruption, which mirrors actions seen in larger corporations.

At the same time, 24% of middle market leaders are looking to make investments in talent training/education that may help them execute against a digital transformation. Investments in talent training/education are expected to increase in the coming years as the survey found that nearly half (47%) of executives expect their workforce to experience the most disruption in the next 5-10 years.

Survey Methodology

The Umpqua Bank Middle Market Monitor, which surveyed 250 CEOs and CFOs in five West Coast states, is designed to provide insight into middle market businesses whose contribution to the economy is significant but less visible than other sectors. The online survey was conducted by Engine, a global research company, among a sample of CEOs and CFOs who work for a company with $10 to $500 million in annual revenue. All respondents were employed by a company located in California, Nevada, Washington, Oregon or Idaho. The survey was fielded from May 29 – June 19, 2019.

About Umpqua Bank

Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation, and has locations across Idaho, Washington, Oregon, California and Nevada. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for eight years in a row on FORTUNE magazine's list of the country's "100 Best Companies to Work For," and was recently named by The Portland Business Journal the Most Admired Financial Services Company in Oregon for the fourteenth consecutive year. In addition to its retail banking presence, Umpqua Bank also owns Financial Pacific Leasing, Inc., a nationally recognized commercial finance company that provides equipment leases to businesses. A subsidiary of Umpqua Holdings Corporation, Umpqua Investments, Inc., provides retail brokerage and investment advisory services in offices throughout Washington, Oregon, and California.

### Press Release ############################


Dutch Shepherd/Pointer/Mixed
Aurora, Colorado  Adopt a Dog

IDRescue ID#512
Age: 10 Weeks
Adoption Fee: $250 - $50 Neuter Deposit

Colorado Puppy Rescue
16780 E. Iliff Ave.,
Aurora, CO 80013


How to Adopt:




News Briefs----

Ford & VW Agree to Share Costs of Self-Driving & Electric Cars
   to join forces to fend off Silicon Valley challengers/avoid obsolescence

Boeing 737 Max not expected to return to service until        
   January 2020

Nearly half of all states now tab alternative-fuel vehicles
  for more revenue



You May Have Missed---

Con Ed can’t explain what caused the Manhattan blackout


 The Machine


       By Stephen Porter ©

Published: Baseball Almanac (03-20-2001)

T'was the greatest group of men, ever to play,
On a diamond, with a ball, every day

There was Joe, there was Johnny, and then there was Pete,
The whole team was sturdy, as two ton concrete

Down at first there was Tony, always catching them square,
And at second was Joe, who could run like a mare

Dave held up short, never missing a beat,
And fielding at third, no one else, but Pete

The outfield was anchored, by three all their own,
Foster, Griffey, and Geronimo, no better were known

Individually the best, well maybe not quite,
But together they put up one hell of a fight

All who watched, those 8 play the game,
Knew something was up, they were destined for fame

And sure enough, two years back to back,
The Machine won the title, for they had the knack.

Were they truly the best group, ever to play,
On a diamond, with a ball, every day

It isn't for sure, no one can agree,
For many teams have put it on the line, in this land of the free

But one thing I feel, as other Reds fans do,
Those 8 played the best, as a team, as a crew.



Sports Briefs---

Novak Djokovic edges Roger Federer in historic Wimbledon final


California Nuts Briefs---

California Navy base known for World War II bomb tests
   may get big check for earthquake repairs

Napa Valley Wine Train wants to build 55 employee
   apartments to support hotel project



“Gimme that Wine”

Ste. Michelle Wine Estates Purchases 56-acre Greenwood           
  Vineyard in Calistoga

San Luis Obispo County crop values, led by wine grapes,
    topped $1B mark in 2018

Joullian Vineyards & Winery Celebrates Opening
    of New Event Space

Free Wine App

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in History

     1741 - Vitus Bering, a Danish mariner working for Russia, and Aleksei Ilyich Chirikov, Russian navigator and captain, landed on the Alaskan coast.  During a storm on the voyage, they were separated and never saw each other again.  Chirikov saw land at Baker Island off Prince of Wales Island at the south end of the panhandle. This is about 450 miles southeast of Bering's landfall near Mt. St. Elias at the north end of the panhandle.  He sent men ashore in a longboat, making them the first Europeans to visit Alaska.
    1779 - Birthday of Clement Clarke Moore (d. 1863), NYC.  American author and teacher, best remembered for his popular verse, “A Visit from Saint Nicholas,” (“Twas the Night Before Christmas”), which was first published anonymously and without Moore's knowledge in a newspaper on December 23, 1823.
    1779 - The first medal awarded by the Continental Congress to a “foreigner” was a silver medal present to Lieutenant Colonel Francois Louis Teisseidre de Fleury, who commanded the first of the storming parties in the assault upon Stony Point, NY, on July 15, 1779.  He was the first man to enter the main fort and strike down the British flag with his own hands. Fleury, who had been in the French military service, joined the Continental Army in 1777.
    1779 - African-American Pompey Lamb, noted spy, aids the American Revolutionary War effort.  Blacks were also used effectively as spies by the Continental Army. Lamb opened the way for the capture of Stony Point by General Anthony Wayne.
    1792 - The first major bridge built in America was the West Boston Bridge, connecting Boston, MA, and Cambridge, MA.  It opened November 23, 1793 after costing $76,000.   The toll right was granted to the proprietors for 70 years.
    1806 - Zebulon Pike, the U.S. Army officer who in 1805 led an exploring party in search of the source of the Mississippi River, sets off with a new expedition to explore the American Southwest. Pike and his men left Missouri and traveled through the present-day states of Kansas and Nebraska before reaching Colorado, where he spotted the famous mountain later named in his honor. He traveled to New Mexico and then traveled through Texas. The information he provided about the U.S. territory in Kansas and Colorado was a great impetus for future U.S. settlement, and his reports about the weakness of Spanish authority in the Southwest stirred talk of future U.S. annexation. Pike later served as a brigadier general during the War of 1812, and, in April, 1813, he was killed by a British gunpowder bomb after leading a successful attack on York, Canada.
    1822 - Public schools for Blacks open in Philadelphia.
    1830 - 3 Indian tribes, Sioux, Sak and Fox, signed a treaty giving the US most of Minnesota, Iowa & Missouri.
    1837 - Smallpox epidemic reached the Mandan in Dakota Territory; out of 1,600 people, only 125 survived.  Russell Freedman describes the epidemic: “The Mandans were the first to be stricken, followed in swift succession by the Hidatsas, the Assiniboins, the Arikaras, the Sioux, and the Blackfeet."  In the 17th century, there were 30,000 Narragansett in Massachusetts. Their chief Miantonomo, "sensing danger, . . . sought to build on his Mohawk alliance to create a general Amerindian resistance movement." He is reported to have said to the Montauk in 1642: "We [must] be one as they [the English] are, otherwise we shall all be gone shortly, for you know our fathers had plenty of deer and skins, our plains were full of deer, as also our woods, and of [turkeys], and our coves full of fish and fowl. But these English having gotten our land, they with scythes cut down the grass, and with axes fell the trees; their cows and horses eat the grass, and their hogs spoil our clam banks, and we shall all be starved."
    1850 - Birthday of Francesca Xavier "Mother" Cabrini (d. 1917), Sant’Angelo Lodigiano, Austrian Empire.  A nun in the US Roman Catholic Church, she was an amazing organizer.  She founded 67 institutions such as orphanages, hospitals, and girls' schools and did remarkable work with the poor in major American cities. She founded the Missionary Sisters of the Sacred Heart, a Catholic institute that was a major support to the Italian immigrants to the United States.  She is now unique in New York in being the only saint whose entire body is on display for the faithful. Her body was laid to rest forever under the alter in the Chapel at Mother Cabrini High School. (The saint's head is at another location in Italy).  She was the first naturalized citizen of the United States to be canonized by the Roman Catholic Church, on July 7, 1946.
    1862 - Major David Hunter declares Blacks are no longer slaves in Georgia, Florida, South Carolina.  President Lincoln annuls the order saying basically it wasn't “official.”
The first black troops were organized by Major General David Hunter in the Union's First Carolina Regiment.  Many of the soldiers were former slaves. In August, General Jim Lane, an abolitionist and who some called an outlaw and renegade, over the opposition of Secretary of War Edwin Stanton, organized a black regiment in Kansas. General Benjamin Butler also reversed his position and decided to recruit free blacks, however, no one asked the recruits whether they had been free men or slaves before the war. Despite War Department specific approval, General Butler quickly mustered into federal service the 1st, 2nd, and 3rd Regiments of the Louisiana Native Guards. It was reported that the commanders of the units had offered their services to the Confederacy and were turned down. The leaders, Free Persons of Color, were wealthy, well-educated property owners, and some were slave owners, and at the time while offering their services to the Confederacy were afraid the Union forces would confiscate their property. 
    1864 – A troop train loaded with Confederate prisoners collided with a coal train, killing 65 and injuring 109 of 955 aboard.
    1867 - Birthday of Maggie Lena Walker (d. 1934), Richmond, VA.  She was the daughter of a former slave who devoted her time to black fraternal and cooperative insurance organizations.   Through her very keen business acumen, she created one of the greatest black-owned banks in the nation, the Penny Savings Bank in Richmond. Walker was the first female bank president of any race to charter a bank in the United States.  Disabled by paralysis and limited to a wheelchair later in life, Walker also became an example for people with disabilities.
    1870 – Georgia became the last Confederate state to rejoin the Union.
    1901 – 22-year-old Christy Mathewson fired a no-hitter, blanking the St. Louis Cardinals, 5-0, at League Park. Matty saved it in the 6th when a grounder caromed off 1B John Ganzel’s glove to Mathewson, who threw it back to first base for a 3-1-3 putout.
    1904 - Birthday of Dorothy Fields (d. 1974), Allenhurst, NJ.  Lyricist and producer who was elected to the Songwriters' Hall of Fame in 1971, the first woman so honored. Some of her songs are "I Can't Give You Anything But Love," "On the Sunny Side of the Street," "I'm in the Mood for Love," "Lovely to Look at," and "The Way You Look Tonight," the latter garnering Fields and collaborator Jerome Kern the 1936 Academy Award for Best Original Song. She wrote almost 400 songs as well as books for Broadway shows including “Annie Get Your Gun.”   She won a Tony and Grammy for her work on “Redhead” (1959). She also produced such Broadway musicals as “Sweet Charity” and “Seesaw.”
    1909 – Ty Cobb hit two inside-the-park homers to lead the Detroit Tigers to a doubleheader sweep of the Washington Nationals.
    1910 - Birthday of Sam Washboard, born Robert Brown, famous washboard player, Walnut Ridge, AR
    1913 - The first US Senator elected by popular vote was Augustus Octavius Bacon, Democrat of Georgia.  The passage of the 17th amendment to the Constitution called for the direct elections of Senators, prior to which they were appointed by the state legislature.   The first general election by popular vote took place on November 4, 1913.
    1913 – Cowboy Copas was born Lloyd Estel Copas (d. 1963) in Blue Creek, OH.  "The Country Gentleman of Song" was a country music singer popular from the 1940s until his death in the 1963 plane crash that also killed country stars Patsy Cline and Hawkshaw Hawkins. He was a member of the Grand Ole Opry.
    1916 - A dying South Atlantic Coast storm produced torrential rains in the southern Appalachian Mountains. Altapass, NC was drenched with more than 22 inches of rain, a 24-hour rainfall record for the state. Flooding resulted in considerable damage, particularly to railroads.
    1916 – In Seattle, William Boeing and George Conrad Westervelt incorporated Pacific Aero Products; later renamed Boeing Company.   
    1918 - General Erich Ludendorff launced Germany's fifth, and last, offensive to break through the Chateau-Thierry salient. This all-out effort involved three armies branching out from Rheims to cross the Marne River.  The Germans were successful in crossing the Marne near Chateau-Thierry before American, British, and Italian divisions stopped their progress. On July 18, General Foch, Commander-in Chief of the Allied troops launched a massive counteroffensive that resulted in a German retreat that continued in four months until they sued for peace in November.
    1918 - HAYS, GEORGE PRICE, Medal of Honor
Rank and organization: First Lieutenant, U.S. Army 10th Field Artillery, 3d Division. Place and date: Near Greves Farm, France, 14-15 July 1918. Entered service at: Okarche, Oklahoma. Born: 27 September 1892, China. G.O. No.: 34, W.D., 1919. Citation: At the very outset of the unprecedented artillery bombardment by the enemy, his line of communication was destroyed beyond repair. Despite the hazard attached to the mission of runner, he immediately set out to establish contact with the neighboring post of command and further establish liaison with 2 French batteries, visiting their position so frequently that he was mainly responsible for the accurate fire. While thus engaged, 7 horses were shot under him and he was severely wounded. His activity under most severe fire was an important factor in checking the advance of the enemy.
    1919 - Legendary bebop pianist Sadik Hakim (d. 1983) was born in Duluth, Minnesota. In the 1940's, Hakim played in New York with Ben Webster and Lester Young, and recorded with Charlie Parker. Hakim moved to Montreal in 1949 and played with Louis Metcalf's International Band. After further stints in the US with such musicians as James Moody and Buddy Tate, Hakim returned to Montreal in 1966. He was a frequent performer in both Montreal and Toronto, and on CBC radio broadcasts. Hakim became a Canadian citizen in 1972 before returning to New York four years later.
    1920 – Babe Ruth, in his first season with the Yankees, tied his 1919 record of 29 homers with a game-winner in the 13th to beat the St. Louis Browns, 13-10.  Two days later, he broke it by hitting two off Dickie Kerr of the White Sox.  He became the first Major Leaguer to hit 50 in a season, finishing 1920 with 54.
    1923 - Drummer Philly Joe Jones (d. 1985) birthday, Philadelphia.
    1928 - Birthday of saxophone player Joe Harriott (d. 1973), Kingston, Jamaica
    1929 - Birthday of guitarist/author Francis Bebey (d. 2001), Douala, Cameroon.
    1929 – The first airport hotel in the US opened at Oakland Airport in CA.1935 – Alex Karras (d. 2012) was born in Gary, IN.  He played football with the NFL Detroit Lions from 1958–1962 and 1964–1970. As an actor, Karras is noted for his role as Mongo in the 1974 comedy film “Blazing Saddles” and for starring in the ABC sitcom “Webster” (1983–1989) with his wife Susan Clark, as the title character's adoptive father. He was also featured prominently in “Victor, Victoria” with Julie Andrews and James Garner.  On January 7, 1963, Karras' ownership in Detroit's Lindell AC Bar became a source of controversy when league officials urged him to sell his financial interests because of reports of gambling and organized crime influence. After first threatening to retire rather than give it up, Karras admitted placing bets on NFL games and was suspended by the league, along with Green Bay packers back Paul Hornung, for one season (1963).
    1939 - National League president Ford Frick orders two-foot screens affixed inside all foul poles after Billy Jurges of the Giants and umpire George Magerkurth spit at each other after a foul ball call down the left field line is disputed at the Polo Grounds. The American League will soon follow the Senior Circuit lead and will also install foul ball screens.
    1941 - Glenn Miller, with Modernaires, cuts “Juke Box Saturday Night.”
    1942 – MLB Commissioner Kennesaw Mountain Landis:  "There is no rule, formal or informal, against the hiring of Negro players."  He responded to an editorial in the New York Daily Worker newspaper. 
    1944 - *OTANI, KAZUO, Medal of Honor
Staff Sergeant Kazuo Otani distinguished himself by extraordinary heroism in action on 15 July 1944, near Pieve Di S. Luce, Italy. Advancing to attack a hill objective, Staff Sergeant Otani's platoon became pinned down in a wheat field by concentrated fire from enemy machine gun and sniper positions. Realizing the danger confronting his platoon, Staff Sergeant Otani left his cover and shot and killed a sniper who was firing with deadly effect upon the platoon. Followed by a steady stream of machine gun bullets, Staff Sergeant Otani then dashed across the open wheat field toward the foot of a cliff, and directed his men to crawl to the cover of the cliff. When the movement of the platoon drew heavy enemy fire, he dashed along the cliff toward the left flank, exposing himself to enemy fire. By attracting the attention of the enemy, he enabled the men closest to the cliff to reach cover. Organizing these men to guard against possible enemy counterattack, Staff Sergeant Otani again made his way across the open field, shouting instructions to the stranded men while continuing to draw enemy fire. Reaching the rear of the platoon position, he took partial cover in a shallow ditch and directed covering fire for the men who had begun to move forward. At this point, one of his men became seriously wounded. Ordering his men to remain under cover, Staff Sergeant Otani crawled to the wounded soldier who was lying on open ground in full view of the enemy. Dragging the wounded soldier to a shallow ditch, Staff Sergeant Otani proceeded to render first aid treatment, but was mortally wounded by machine gun fire. Staff Sergeant Otani's extraordinary heroism and devotion to duty are in keeping with the highest traditions of military service and reflect great credit on him, his unit, and the United States Army. M 
    1946 - Singer Linda Ronstadt was born in Tucson, Arizona.  
She first gained attention in 1967 as a member of a trio called the Stone Poneys. That was the year she had a top 20 hit with "Different Drum," a song written by Mike Nesmith of the Monkees. The Stone Poneys soon broke up, and Ronstadt's solo career floundered for nearly five years until Peter Asher, formerly of the British duo of Peter and Gordon, became her manager. Under Asher's direction, she recorded the album "Heart like a Wheel," a mixture of oldies and contemporary material, in 1974. The LP proved to be her commercial breakthrough, becoming the first of a dozen gold and platinum albums.  Ronstadt reached the height of her popularity in the late 1970's when her LP "Living in the USA" surpassed the million mark in sales. At the time, she was a constant companion of California Governor Jerry Brown.  Ronstadt continued her success into the '80s with the LP "Mad Love," two popular albums of big band ballads and "Cry like a Rainstorm, Howl Like the Wind," a collaboration with Aaron Neville.  She retired in 2011 and was diagnosed with Parkinson’s disease in December 2012, which left her unable to sing.
    1950 - The North Koreans penetrated the U.S. 24th Infantry Division's defense and crossed the Kum River. The 19th Infantry Regiment lost 20 percent of its fighting force, the 1st Battalion alone losing 338 out of 785. The 63rd Field Artillery Battalion was overrun and sustained heavy casualties.
    1950 - F-80s accounted for 85 percent of the enemy's losses to air attack. Far East Air Forces Commander, Lieutenant General George E. Stratemeyer, stated that he wouldn't trade the F-80 for all the F-47s and F-51s he could get. "It does a wonderful job in ground support and can take care of the top-side job if enemy jets appear."
    1952 - An eight-year-old singer named Gladys Knight appears on the popular TV show “Ted Mack's Original Amateur Hour” on the now-defunct Dumont Television Network, and wins the first prize of $2000 for her rendition of Nat King Cole's "Too Young." In five years, she would be an established recording artist.
    1952 - Popular singer Patti Page begins her summer replacement series on CBS, attempting to hold the audience in Perry Como's usual timeslot three times a week for 15 minutes.
    1954 - The temperature at Balcony Falls, VA, soared to 110 degrees to establish a state record…and nary a word about global warming!
    1956 - Top Hits
“The Wayward Wind” - Gogi Grant
“My Prayer” - The Platters
“Hound Dog/Don't Be Cruel” - Elvis Presley
“I Want You, I Need You, I Love You” - Elvis Presley
    1957 - Elvis Presley's "(Let Me Be Your) Teddy Bear" b/w Loving You" hits #1
    1959 - The Queen Elizabeth Theatre in Vancouver was officially opened by the Queen. A gala concert by the Vancouver Symphony Orchestra was conducted by Sir Ernest MacMillan and Nichol Goldschmidt, with soloists Betty-Jean Hagen, violin, and soprano Lois Marshall. The theatre was actually first used four days earlier for a concert by the Vancouver Symphony.
    1959 - The steel strike of 1959 began, leading to significant importation of foreign steel for the first time in United States history.  The strike occurred over management's demand that the union give up a contract clause which limited management's ability to change the number of workers assigned to a task or to introduce new work rules or machinery which would result in reduced hours or numbers of employees. The strike's effects persuaded President Eisenhower to invoke the back-to-work provisions of the Taft-Hartley Act. The union sued to have the Act declared unconstitutional, but the Supreme Court upheld the law …and we all know how that turned out.
    1960 - Giant Willie McCovey 'invisible triple' causes the umpires to call a twenty-four minute fog delay at Candlestick Park, but the Dodgers go on to win 5-3.
    1963 - Count Basie and Ella Fitzgerald record “Ella and Basie” album for Verve, one of Barbara Lowe's favorites.
    1963 - Elvis begins filming the movie “Viva Las Vegas” with Ann-Margaret. 
    1964 - Top Hits
“I Get Around” - The Beach Boys
“Memphis” - Johnny Rivers
“Rag Doll” - The 4 Seasons
“My Heart Skips a Beat” - Buck Owens
    1965 - The unmanned spacecraft Mariner 4 passes over Mars at an altitude of 6,000 feet and sends back to Earth the first close-up images of the red planet.
    1966 - Singer Percy Sledge earned a gold record for "When a Man Loves a Woman."  It was his only song to make it to number one (5/28/66) and the only one of five to break into the top ten. 
    1968 - A Soviet Aeroflot jet landed at Kennedy  Airport at New York, NY, and the start of direct commercial air flight between the US and the then USSR began.
    1968 - “One Life to Live” premiered on TV.  Set in a fictional Pennsylvania town, the show was created by Agnes Nixon to depict the class and ethnic struggles of the town's denizens. The initial cast featured many Jewish, Polish, and African-American characters. The show departed from inter-ethnic storytelling in the 1980's for far more fantastic adventures set in locales such as heaven, the old west, and a futuristic mountain silo called Eternia. Since then, the show has returned to its strengths of traditional storytelling by featuring Latino and African-American actors as integral characters.  Award-winning actress Erika Slezak heads the cast.  The venerable Viki Lord Riley Buchanan Carpenter is the town's matron with five alternate personalities.  Among those who have appeared on “OLTL” are Tom Berenger, Judith Light, Robert Desiderio, Tommy Lee Jones, Laurence Fishburne, Jameson Parker, Phylicia Rashad, Christine Ebersole, Richard Grieco, Blain Underwood, Joe Lando, Audrey Landers, Christian Slater and Yasmine Bleeth.     
    1968 - Intel was founded. Robert Noyce and Gordon Moore had left Fairchild Semiconductor to form NM Electronics in Mountain View, Ca. In 1997, Tim Jackson published "Inside Intel: Andrew Grove and the Rise of the World's Most Powerful Chip Company." Grove joined Intel in this year and became its president in 1979. They bought the rights to the name Intel from Intelco for $15,000.
    1969 – [July 15-20] B.B. King, Elvin Bishop Group, Love Sculpture, Country Joe & the Fish Joe Cocker & The Grease Band, at San Francisco Fillmore West.
    1971 - In a surprise announcement, President Richard Nixon says that he will visit Beijing, China, before May 1972
    1972 - Elton John's “Honky Chateau” hits #1
    1972 - Top Hits
“Lean on Me” - Bill Withers
“Too Late to Turn Back Now” - Cornelius Brothers & Sister Rose
“Brandy” (“You're a Fine Girl”) - Looking Glass
“Made in Japan” - Buck Owens 
    1973 - San Francisco Giant's Willie McCovey becomes 15th to hit 400 HRs.
    1973 - Angel Nolan Ryan pitches his second no-hitter of the season, defeating the Tigers, 6-0 in front of 41,411 fans in Detroit. Ryan struck out 17, the most ever in a 9-inning no-hitter, including 8 in a row.  Ump Ron Luciano doesn't permit Norm Cash to use a piano leg instead of a bat in the ninth inning.
    1980 - Pop stars Linda Ronstadt and Rex Smith opened at the New York Shakespeare Festival in a production of Gilbert and Sullivan's "The Pirates of Penzance." The production moved to Broadway in 1981, and Ronstadt and Smith both starred in a later movie version.  
    1980 - Top Hits
“Coming Up” - Paul McCartney & Wings
“It's Still Rock & Roll to Me” - Billy Joel
“Little Jeannie” - Elton John
“You Win Again” - Charley Pride
    1986 - Columbia Records dropped country star Johnny Cash after 28 years. Cash had not had a solo top-ten hit since "The Baron" in 1981. But he was a member of "The Highwaymen" quartet with Waylon Jennings, Willie Nelson and Kris Kristofferson that hit the top of the country charts in 1985. Cash signed a new recording contract with Polygram later in '86.
    1986 – In the MLB All-Star Game at the Astrodome, the AL won its second in the last 15 years, 3-2.  Roger Clemens worked three perfect innings for the AL and was voted MVP.  The Dodgers’ Fernando Valenzuela struck out the first five hitters he faced.
    1987 - Unseasonably cool weather spread into the south central and eastern U.S. Fifteen cities reported record low temperatures for the date, including Houghton Lake, MI, with a reading of 37 degrees. The high temperature for the date of 58 degrees at Flint, MI, was their coolest of record for July. Thunderstorms spawned several tornadoes in Illinois and Indiana, injuring a cow near Donovan, IL
    1988 - For the second time this season, Red Sox fireballer Roger Clemens strikes out sixteen Royals. The doubleheader sweep over Kansas City marks Joe Morgan's Boston managerial debut.
    1988 - Top Hits
“The Flame” - Cheap Trick
“Mercedes Boy” - Pebbles
“Pour Some Sugar on Me” - Def Lappard
“Fallin' Again” – Alabama
    1988 - Twenty-six cities east of the Mississippi River reported record high temperatures for the date. Charleston, WV, established an all- time record high with a reading of 103 degrees, and Chicago, IL, reported a record fifth day of 100-degree heat for the year. A severe thunderstorm moving across Omaha, NE, and the Council Bluffs area of west central Iowa spawned three tornadoes which injured 88 persons, and also produced high winds which injured 18 others. Winds at the Omaha Eppley Airport reached 92 mph. Damage from the storm was estimated at 43 million dollars.
    1989 - More than 200,000 people crammed into Venice, a city of 83,000, for a free concert by Pink Floyd. The band performed on a floating stage in the Venice lagoon. Residents complained about violence, drug use and littering, and 80 people were slightly hurt in a scuffle before the show began. Concert-goers complained, too ... about inadequate toilets and emergency facilities. 
    1989 - Thunderstorms drenched Kansas City, MO, with 4.16 inches of rain, a record for the date. Two and a half inches of rain deluged the city between Noon and 1 PM. Afternoon thunderstorms in South Carolina deluged Williamstown with six inches of rain in ninety minutes, including four inches in little more than half an hour
    1990 – In a game where two pro footballers faced each other, at Yankee Stadium, Kansas City’s Bo Jackson slammed three straight home runs, the third his career 100th, then separated his shoulder in the 6th inning diving for a line drive off the bat of Yankee Deion Sanders. Sanders wound up with an inside-the-park-homer but the Royals won.
    1993 - Breaking Cub Hall of Fame Ernie Banks' previous record of 277, Cal Ripken hits his 278th homer as a shortstop, the most ever hit by a Major Leaguer playing that position.
    1994 - The first movie to cost more than $100 million to make was “True Lies,” a 20th Century-Fox action-adventure film directed by James Cameron and starring Arnold Schwarzenegger and Jamie Lee Curtis.  It opened nationwide on July 15.  Though exact figures were not released by the studio, the film was estimated to have cost $115 million.
    1996 - The Sultan of Brunei spent $25 million on his 50th birthday party, including $15 million for three concerts by Michael Jackson
    1997 - Fashion designer Gianni Versace was shot to death on the steps of his mansion in Miami Beach, Florida. Police believe Andrew Phillip Cunanan shot Versace. Cunanan committed suicide a week later on a houseboat about two miles north of the Versace mansion. Cunanan is suspected of killing four other men in a cross-country shooting spree. 
    1999 - The Brewers postpone game as a gesture of respect for the three workers who died when a huge crane collapsed lifting a portion of the roof for the team's new stadium, Miller Park. The crane broke in half as it lifted the 400-ton load damaging the partially completed stadium.
    1999 - The Rolling Stones reported that they had an intake of over $337 million from the previous two years. The average nightly take on the 147 shows was over $2¼ million, as the band played to more than 5.6 million people, selling out all but 20 shows.
    1999 – Barry Bonds set an all-time record, receiving the 294th intentional walk of his career, breaking Hank Aaron’s mark.
    2000 - Bob Seger's 62-foot boat Lightning wins its division in the 78th annual sailboat race from Port Huron to Mackinac Island, MI.
    2000 - The American Tobacco Company's near-mint condition 1909 Honus Wagner card goes for $1.1 million in an eBay online auction; the high bidder will pay $1.265 million including a 15 percent buyer's premium for the 91 year-old card of the Hall of Fame Pirate shortstop.  Other high-priced items in the auction included a baseball autographed by the entire 1919 Chicago “Black Sox” team, including Shoeless Joe Jackson, as well as the umpires who worked the final game of that Series; it sold for $93,666, including a 15 percent buyer's premium. The ball's value, believed to be the most for such an item, was unusually high because the autographs include that of Jackson, who was considered illiterate and usually only signed legal documents. A ball signed by the 1919 Reds, who won that series, went for $11,208, while a baseball autographed by Babe Ruth sold for $76,020. A contract from Jackson's sale of his Chicago pool hall to teammate Lefty Williams, sold for $36,098; the contract, dated October 6, 1921, is for just $1.
    2002 - "American Taliban" John Walker Lindh pleads guilty to supplying aid to the enemy and to possession of explosives during the commission of a felony.
    2006 – Twitter was launched.  Created in March 2006 by Jack Dorsey, Evan Williams, Biz Stone and Noah Glasss, and launched in July 2006, Twitter is an online social networking service that enables users to send and read short 140-character messages called "tweets.”  The service rapidly gained worldwide popularity:  as of March 2016, Twitter has more than 310 million monthly active users.
    2009 - Paul McCartney took time out from his current tour to stop by “The Late Show with David Letterman” where he and his band thrilled the crowd by performing at the outdoor stage atop the Ed Sullivan Theater.
    2014 – Apple and IBM joined to develop apps for business users.  The agreement will give Apple a greater share of the business market, which is increasingly catering to a mobile workforce, while IBM will benefit from the software integration on its cloud computing platform.



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