First let me say that I regret having let you down regarding tax time tips. That being said, I hope you got your taxes all sent with great relief for another year, no thanks to me. Although no expert, I did take note from many that the tax rule changes were brutal for 2014. Hang in there throughout the year, and if I discover tips to help you I will share.
The first item on my list to share today could be used as a Health Blurbs segment or Finance-High Dance; it is about…..
Did you hear that McDonalds is cutting some of their sandwiches? Seven, in fact. What with sales declining the last six quarters, Their new chief executive, Steve Easterbrook, not only needs the sales figures to improve, but is being pushed for healthier food. Menu researcher, Datassential from Los Angeles, says that McDonalds will still have about 40 more items than it did in 2007. Outcome? The Deluxe Quarter Pounder was replaced by a similar hamburger with different toppings, Chicken Selects was brought back this year, a new sirloin burger is planned, more tests are being done but, wait for it…….they are testing all-day breakfast at about 94 restaurants in the San Diego area…yay, yay and more yay!!!
Old news, but the Apple watch arrived in other stores (not its own) such as in Dover Street Market in Tokyo and London, Maxfield in Los Angeles, Colette in Paris, the Corner in Berlin by the 24th of April, and 10 Corso Como in Milan by May. Of course, you could have ordered on-line. Folks were beginning to receive them last Friday. But if you ordered, just hang, because they say they are behind and, in fact, have back ordered the gold Edition (starting at $10,000). They do appreciate your patience, though.
As you know, Greece is in a little bit of debt, o.k. a lot. As you might expect, the finger-pointing has gotten tense. Representing 2% of the eurozone economy, some think Greece’s default would not pose a broad threat, yet bankers and regulators have not forgotten Lehman Brothers in 2008. Over the last year, investors have been trying to figure what would happen if Greece does not pay. There does not seem to be any answers so far. If the debt talks go on and on it is likely that Greece will miss a debt payment (owes about $830 million to the International Monetary Fund) or yield to capital controls to prevent a bank run. IOU’s have even been considered. The Finance Minister, Mr. Varoufakis has clashed on several occasions with the Dutch finance minister, Mr. Dijsselbloem, who represents European creditors. This past Monday, the Greek stock market rallied and bond yields dipped with the anticipation that the finance minister would assume a reduced role in future talks with Greece’s creditors. Mr. Varoufakis says he is not going anywhere. Senior members of the U.S. worry that Europe may be underplaying the consequences of a Greek default. Hmmmmmm.
Have a website with GoDaddy? It has grown up to become a publicly traded company as of this month. Founded in 1997 by Bob Parsons, the company was known through its risque ads. However, being purchased by an investment firm in 2011 is resulting in a remake of its image as well as its business platform. The new version is appealing to investors. The initial public offering was $20/share, raising $440 million. The market value is just more than $3 billion. GoDaddy will trade under the ticker symbol GDDY on the New York Stock Exchange. Isn’t Mommy’s Day around the corner? “GMMY”…looks good to me! Let me know if someone starts it!