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Morning News Update – April 26, 2012

news you can use

So, in continuing on with our daily Morning News Update, here are the news items we found interesting this morning…

Plano-based Frito Lay gained 4% more revenue last quarter, even despite rising commodity costs (Dallas Morning News). To celebrate, go buy yourself a bag of Cheetos today–just tell yourself you’re helping our local economy…

Businessweek has an interesting article on why the Euro has not fallen as much as would be expected–especially with the unrest/financial crisis in some of its member states. I thought this quote was interesting/unnerving:

The bottom line: It’s not so much a case of a strong euro as it is a weak dollar, and neither is particularly attractive when compared with such superstars as the Swiss franc, Australian dollar, and the Japanese yen. The dollar-euro “market is a battle of ugly currencies,” Neil Mellor, a currency strategist at Bank of New York Mellon in London, told me.

Businessweek also tells us that Ford is doing so well that it no longer has to put its famous blue logo up as collateral. I’m glad to know that an American icon made it through the very rough waters it faced.

Even though 90 percent of Americans have a bank account, over half the world does not, according to Businessweek.

Apparently, the NFL Pro Bowl may not be played this year, or ever again. At first when I saw this, I was a bit saddened–but then I realized that I can’t remember the last time I actually watched the Pro Bowl, or even cared. Its lack of competitiveness is a joke, which is apparently why Roger Goodell believes its better not to even play the game.

To brag on my own church, this article from the Dallas Morning News shares how a Charity Car Show put on by the church this past weekend raised over $7,000 and 675 lbs of food for local food banks.

Finally, here’s a tip on marketing from Constant Contact’s Blog about Facebook as an advertising tool.

Finally, here’s a quote to get you started today:

“There is something that is much more scarce, something rarer than ability. It is the ability to recognize ability.”

-Robert Half


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