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Incumbent Mayor Paulette Guajardo defeated John Wright in Corpus Christi, Texas' mayoral race.Polls closed in the state at 7 p.m. local time. Given the state has multiple timezones, the first polls closed at 8 p.m. EST and the last polls closed at 9 p.m. EST. 2022 General Embeds Guajardo, first elected in 2019, ran for her second mayoral term. <a href="https://www.cctexas.com/mayor">Prior to her time as mayor</a>, she served on the Corpus Christi City Council for two terms and owned a small business for 15 years. According to her <a href="https://www.cctexas.com/mayor">website</a>, Guajardo is focused on building the economy, strengthening public safety, and improving city infrastructure. Wright, her challenger, is a roofer and crane operator. Wright's application for a place on the ballot raised questions with a local news outlet when it found that <a href="https://www.kristv.com/news/6-investigates/6-investigates-corpus-christi-mayoral-candidate-residency">his application lists a UPS store as his residential address</a>. Wright, however, claimed to have lived in Corpus Christi for nearly six years.

Results: Mayor Paulette Guajardo defeats John Wright in Corpus Christi, Texas' mayoral election

<a href="http://www.businessinsider.in/searchresult.cms?query=anil+kumble&amp;sortorder=effectivedate">Anil Kumble</a> is <a href="http://www.businessinsider.in/searchresult.cms?query=team+india&amp;sortorder=effectivedate">Team India’</a>s new coach and by the looks of it, Kumble means business. 
 
The 45-year old, whose first assignment is the Test series against <a href="http://www.businessinsider.in/searchresult.cms?query=west+indies&amp;sortorder=effectivedate">West Indies</a> that begins on July 21, has already laid down some rules for the <keyword id="8675" type="ORGANIZATION" weightage="100" keywordseo="Indian-cricket-team">Indian cricket team</keyword>. 
 
For starters, he has already conveyed to the players that anyone who is late for the bus will have to cough up a fine of 50 USD. 
 
Additionally, an official meeting will be held every fourth day for all the players and the spin legend had made it known that his doors are always open for any player who wants to have a chat. 
 There’s more. At the Bengalauru camp that held before the team’s departure, Kumble was also seen bouncing off some ideas to help make the team a better fighting unit. One of them was the buddy programme, which is reportedly inspired by former coach <keyword id="140441" type="PERSON" weightage="100" keywordseo="John-Wright">John Wright</keyword>’s plan. 
 
In the Buddy programme, two cricketers are paired together so that they communicate, give feedback and help each other improve after a session in the nets. 
 
If you ask us, it seems like one hell of an idea. Let’s see what the <a href="http://www.businessinsider.in/searchresult.cms?query=indian+cricket+team&amp;sortorder=effectivedate">Indian cricket team</a> has to say about the same. 
 But, regardless one thing is for sure. Coach <keyword id="6364325" type="PERSON" weightage="100" keywordseo="Anil-Kumble">Anil Kumble</keyword> means business.

Anil Kumble, the Indian cricket team's new coach has
already laid down some strict rules

<ul class="summary-list"><li>The iconic <keyword id="12737450" type="UNKNOWN" weightage="60" keywordseo="bass-pro-shops" source="Orion">Bass Pro Shops</keyword> snap-back mesh cap appears to be having its moment.</li><li>A surge in popularity — including on <keyword id="11894125" type="UNKNOWN" weightage="60" keywordseo="tiktok" source="Orion">TikTok</keyword> — has led to <keyword id="11894141" type="UNKNOWN" weightage="60" keywordseo="shortages" source="Orion">shortages</keyword> of the low-cost lids.</li></ul>In a year that has seen shortages of everything from washing machines to cream cheese, a surprising item has joined the list: Bass Pro Shops' iconic snap-back mesh trucker's cap.Typically available in a wide spectrum of bold colors, the store's website now offers just four options — Black, Olive, Gray, and Red — and even those are in limited quantities."We've had a kind of a run on our trucker Bass Pro caps," the company's chief customer officer John Paul Morris <a href="https://www.wsj.com/articles/bass-pro-shops-trucker-hat-became-a-fashion-trend-11639421814?mod=djemwhatsnews">told the Wall Street Journal</a>.The $6 caps have long been an emblem of rural outdoor life, but have more recently made the jump into the mainstream with people from all walks of life wearing with their favorite hue — regardless of whether they've ever baited a hook."On <a href="https://www.tiktok.com/tag/bassprohat">TikTok</a>, it's all you see. It's every different color hat…you see the trucker hat everywhere," John Wright, an entrepreneur in Nashville, told the Journal."We have a big Bass Pro Shops [store] here," he said. "You go into the store and all the colors are sold out, man."The lack of options through Bass Pro Shops and its sister store, <keyword id="12737451" type="UNKNOWN" weightage="60" keywordseo="cabelas" source="Orion">Cabela's</keyword>, has some hat hunters heading to <a href="https://www.ebay.com/sch/i.html?_from=R40&amp;_trksid=p2380057.m570.l1313&amp;_nkw=bass+pro+shop+mesh+hat&amp;_sacat=0">eBay</a> where a slightly larger selection is available at a hefty mark-up from resellers. But even at $17 a piece, many colors are still unavailable.In spite of the demand, Morris told the Journal the company has no plans of hiking prices, calling the <keyword id="12737452" type="UNKNOWN" weightage="60" keywordseo="hats" source="Orion">hats</keyword> "a great marketing tool.""We love seeing our customers out there wearing their Bass Pro hats," he said.

The latest in the Everything Shortage: $6 Bass Pro Shops trucker hats

Dubai, The International Cricket Council (ICC) on Tuesday announced the nominees for the <keyword id="10693146" type="UNKNOWN" weightage="20" keywordseo="inaugural-icc-player">inaugural ICC Player</keyword> of the <keyword id="10693145" type="UNKNOWN" weightage="20" keywordseo="month-awards">Month Awards</keyword>, in which India's <keyword id="3142448" type="PERSON" weightage="20" keywordseo="Rishabh-Pant">Rishabh Pant</keyword> and England's Joe Root have found a place in the men's category. Pant played two Tests against Australia where he scored a 97 at Sydney to ensure a draw before an unbeaten 89 at Brisbane that led India to a historic Border-Gavaskar series win. Root, on the other hand, played two Tests against Sri Lanka, where he scored a 228 and 186 and led his team to a 2-0 Test series victory. The third nominee in the category, Ireland's Paul Stirling played two ODIs against UAE and three ODIs against Afghanistan, where he scored three centuries. Meanwhile, Diana Baig of Pakistan, South Africa's Shabnim Ismail and her compatriot all-rounder Marizanne Kapp have found a place in the women's category. Baig played three ODIs and two T20Is against South Africa, where she led the wicket-takers with nine wickets in the three-match ODI series against South Africa. Ismail also played three ODIs and two T20Is against Pakistan and took seven wickets in the victorious ODI series against Pakistan, before taking five wickets in the second T20I against the same opposition. Kapp who is the third nominee in the category played two ODIs and two T20Is against Pakistan where she made 115 runs at a strike rate of 110.57 and added three wickets in the ODI series against Pakistan. The ICC on January 27 had announced the introduction of the 'ICC Player of the Month' awards to recognise and celebrate the best performances of both male and female cricketers across all forms of international cricket throughout the year. The three nominees for each of the categories are shortlisted based on on-field performances and overall achievements during the period of that month (the first to the last day of each calendar month). This shortlist is then voted on by the independent ICC Voting Academy and fans around the world. ICC Voting Academy: Afghanistan: Hameed Qayoomi and Javed Hamim, Australia: Adam Collins and <keyword id="150884" type="PERSON" weightage="20" keywordseo="Lisa-Sthalekar">Lisa Sthalekar</keyword>, Bangladesh: Tarek Mahmoud and Mohammad Isam, England: Kalika Mehta and Claire Taylor, Ireland: Ian Callender and Isobel Joyce, India: Mona Parthsarathi and VVS Laxman, New Zealand: Mark Geenty and John Wright, Pakistan: Sohail Imran and Ramiz Raja, South Africa: Firdose Moonda and <keyword id="86138" type="PERSON" weightage="20" keywordseo="Jonty-Rhodes">Jonty Rhodes</keyword>, Sri Lanka: Champika Fernando and Russel Arnold, West Indies: Ian Bishop and Andy Roberts, Zimbabwe: Tristan Holme and Mpumelelo Mbangwa, Others: AKS Satish and Preston Mommsen SEE ALSO: <a href="https://www.businessinsider.in/business/news/mukesh-ambani-ratan-tata-and-anand-mahindra-might-come-together-for-indias-new-national-hydrogen-mission/articleshow/80645570.cms">Mukesh Ambani, Ratan Tata, and Anand Mahindra might come together for India’s new National Hydrogen Mission</a> <a href="https://www.businessinsider.in/stock-market/news/indigo-paints-shares-listed-at-2607-which-is-at-75-premium-to-the-set-price-band-at-1488-1490-per-share/articleshow/80643645.cms">India’s fifth-largest paint maker Indigo Paints IPO lists at 75% premium over the issue price</a>

Rishabh Pant, Root nominated for ICC Player of the Month for January

<div class="KonaFilter image-container display-table float_right"><div><div class="image"><a href="http://www.flickr.com/photos/dryfish/3439685228/in/photostream/">John Wright on Flickr</a></div></div></div>This is how things can get out of control.
Wall Street firms that want to loan money to companies are increasingly allowing those companies to adjust their earnings so that they look credit-worthy enough for loans, <a href="http://www.bloomberg.com/news/2014-05-27/fed-s-junk-loan-caution-spurs-creative-accounting-alchemy.html">says Bloomberg.</a>
Think of it as putting a little lipstick and rouge on a pig - but these pigs are made-up with tricky accounting.
Beth MacLean, who manages $14 billion in loans at PIMCO told Bloomberg that its time for everyone to keep an eye out for "what is real versus what is accounting" gimmicks.
It's no secret that, since the Federal Reserve lowered rates after the financial crisis, investors have turned to increasingly risky loans in their search for some kind of yield. Junk bonds (as no one on Wall Street likes to call them) have returned 145% since 2008, are up 45% this year, and yield an average of about 6%.
The Fed, for its part, has been eyeing this specific corporate debt junk bond issue since last summer. That's when it sent letters to a bunch of Wall Street banks warning them not to finance big corporate takeover deals with a 6 times debt-to-EBITDA (earnings before interest, tax, depreciation and amortization) ratio.
Back in 2013, 27% of deals passed that threshold. During the deal boom of 2007 it was 52%.People have been talking about a back log in dealmaking since the financial crisis and we're starting to see some of those deals now in 2014. That means money for banks when they desperately need it. Trading, as we know, is not doing so hot, so these deals are hard to pass up.
In December Morgan Stanley, Credit Suisse Group AG and Goldman Sachs Group Inc helped KKR finance a $1.6 billion LBO that was over the Fed's threshold (at a ratio of 6.8). Now, however, three banks have opted out of doing another similarly leveraged deal with KKR to buy landscaper ValleyCrest Companies LLC because of pressure from the Fed, <a href="http://www.reuters.com/article/2014/05/29/kkr-loan-idUSL6N0OF00G20140529">says Reuters.</a>
But that doesn't mean the deal won't get done. It means that someone else will do it. In this case, that someone Jefferies, a smaller less regulated boutique firm.
So maybe these risky loans won't end up on a systemically important bank's balance sheet, but they'll still be out there. And that means companies still have an incentive to pull off some accounting shenanigans in order to meet loan standards.
And when everyone's making money people want to keep the party going - especially when there's not a lot of parties going on anywhere else anyway. For banks and private equity firms making these loans, that means making credit agreements with junk bond borrowers that allow them to make accounting tweaks.
One Fed associate director, Todd Vermilyea, said earlier this month that standards "have continued to deteriorate in 2014" and that we may need "stronger supervisory action."
Be careful out there.

You Searched For "John Wright" and got 5 results

Results: Mayor Paulette Guajardo defeats John Wright in Corpus Christi, Texas' mayoral election

Hanna Kang

Anil Kumble, the Indian cricket team's new coach has already laid down some strict rules

Poulomi Das

The latest in the Everything Shortage: $6 Bass Pro Shops trucker hats

Dominick Reuter

Rishabh Pant, Root nominated for ICC Player of the Month for January

IANS

People Are Starting To Worry That Wall Street Is Taking Its Big Post-Crisis Money Maker Too Far

Linette Lopez

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