NewsFeedsd 5.26.10

Finance strategist explains InBev (Virginia Gazette)
Anheuser-Busch was a very complacent company with senior management flying around in top-of-the range corporate jets. The Brazilians will end up reducing the cost base by $2.25 billion. That’s a massive amount of money, and easily covers the bid premium they paid for old Bud.

ODU report: Region’s economy recovering without new jobs (Virginian-Pilot)
A recovery in retail sales, along with stronger port traffic and home building, are fueling a gradual upturn in the Hampton Roads economy, a forecasting team at Old Dominion University said Tuesday. However, the increased activity has yet to spur a rebound in jobs in the region, ODU’s Economic Forecasting Project noted in its report.

NBA cooks up edible logos to make mark on pizza and toast (USA Today)
The National Basketball Association has figured out what fans are hungry for besides, for many, a Lakers-Celtics championship series: edible team logos. The league recently signed licensing deals with companies that offer these outside-the-box food items — and more. NBA logos also are showing up on everything from headphones to gardening gloves to outdoor grills.

Website Offers Betting on Spill-Related Extinctions of Gulf Species (NY Times)
The gambling website PaddyPower.com placed odds today on what species would be first to become extinct as a result of crude belching from BP PLC’s ruptured well in the Gulf of Mexico.

Is Your Industry Hot or Not? (Inc.)
How bright are your business prospects? Do research online to find out -– but don’t forget to consult trade associations, industry experts, and consumers.

Finance strategist explains InBev (Virginia Gazette)
Anheuser-Busch was a very complacent company with senior management flying around in top-of-the range corporate jets. The Brazilians will end up reducing the cost base by $2.25 billion. That’s a massive amount of money, and easily covers the bid premium they paid for old Bud.

ODU report: Region’s economy recovering without new jobs (Virginian-Pilot)
A recovery in retail sales, along with stronger port traffic and home building, are fueling a gradual upturn in the Hampton Roads economy, a forecasting team at Old Dominion University said Tuesday. However, the increased activity has yet to spur a rebound in jobs in the region, ODU’s Economic Forecasting Project noted in its report.

NBA cooks up edible logos to make mark on pizza and toast (USA Today)
The National Basketball Association has figured out what fans are hungry for besides, for many, a Lakers-Celtics championship series: edible team logos. The league recently signed licensing deals with companies that offer these outside-the-box food items — and more. NBA logos also are showing up on everything from headphones to gardening gloves to outdoor grills.

Website Offers Betting on Spill-Related Extinctions of Gulf Species (NY Times)
The gambling website PaddyPower.com placed odds today on what species would be first to become extinct as a result of crude belching from BP PLC’s ruptured well in the Gulf of Mexico.

Is Your Industry Hot or Not? (Inc.)
How bright are your business prospects? Do research online to find out -– but don’t forget to consult trade associations, industry experts, and consumers.

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