Business http://abcnews.go.com/blogs/business The latest Business news and blog posts from ABC News contributors and bloggers. Tue, 08 Jan 2013 19:52:13 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Pregnant Mom Surprised By Eatery’s Act of Kindness http://abcnews.go.com/blogs/business/2013/01/pregnant-mom-surprised-by-eaterys-act-of-kindness/ http://abcnews.go.com/blogs/business/2013/01/pregnant-mom-surprised-by-eaterys-act-of-kindness/#comments Tue, 08 Jan 2013 18:06:26 +0000 Katie Kindelan http://abcnews.go.com/blogs/business/?p=109545 When it comes to Red Robin, it’s usually the catchy, “Red Robin, yummmmm,” commercial jingle that first pops in one’s mind.

Now the famous burger chain might have reason to change their slogan to, “Red Robin, awwwww.”

The Colorado-based chain of more than 400 restaurants is in the headlines for a good Samaritan act by one of its managers that, it turns out, is not all that unusual.

A manager at the Red Robin in Apex, N.C., paid it forward by comping the dinner of one very pregnant woman dining with her family.

As first reported by Consumerist, the manager joked with the woman, Amie Sivon, a local attorney, about her Red Robin dinner possibly being her last meal before giving birth. When Sivon and her husband, Jason, dining with their 2-year-old son, got the bill, Sivon’s $11.50 meal had been deducted from their total, with nothing more said than a “MOM 2 BEE GOOD LUC” note.

“The manager said nothing to us about it,” Jason Sivon told ABCNews.com.  “We were already happy with the service so that action really blew us away.  I looked at my wife and told her that I guessed we would be coming here more often.”

The now-viral story – told by Sivon to Consumerist only in hopes it would “make businesses see the value of being more personable,” he told ABCNews.com – is nothing out of the ordinary for Red Robin team members.

“These kinds of random acts of kindness in our restaurants are part of our culture,” said Kevin Caulfield, a Red Robin spokesperson.

“Our team members, day in and day out, will bestow these random acts,” he said. “They’re empowered to do special things for our guests to make the experience a great one for our guests.”

Caulfield – who confirmed that this specific random act was carried out by manager Charles Vann, a 7-year Red Robin employee, during a weekend dinner shift – says the tradition goes as far back as the company’s founding in 1969 and is now just part of the culture, not something they specifically demand of their more than 30,000 team members.

“It just evolved as part of the Red Robin culture and brand,” he said. “Any new team member quickly sees that bestowing these acts of kindness is really ingrained in the culture. They see the idea manifest every day and so it becomes part of the way that they serve the guests every day.”

The chain even has a section titled “Unbridled Acts” on its website devoted to the thousands of emails, phone calls, letters and comments they get each year from customers telling the company of their own personal encounter with a Red Robin random act of kindness.

The three featured on the website now – they’re rotated frequently to accommodate all the stories – highlight Red Robin employees who dug through trash to find a forgotten keycard, employees who pooled together $300 to replace money stolen from a left-behind wallet and employees who made a four-year-old girl’s waitress-for-the-day dreams come true.

“I can’t say enough that it’s just part of our culture,” Caulfield said. “Anything we can do to make the guest experience extra special and go the extra mile to make sure the guest experience is as memorable as it can be.”

While “unbridled acts” may be an everyday occurrence for Red Robin employees, the Sivons were so pleased with the restaurant’s generosity that, as predicted, the newly-expanded family returned to say thanks.

“We did go back to that Red Robin about a week ago and took our new daughter there,” Jason Sivon said.  “The same manager was on duty, and we made it a point to say thank you to him and introduce him to our new daughter.”

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BCS National Championship Game Winners, Losers http://abcnews.go.com/blogs/business/2013/01/bcs-national-championship-game-winners-losers/ http://abcnews.go.com/blogs/business/2013/01/bcs-national-championship-game-winners-losers/#comments Tue, 08 Jan 2013 16:36:26 +0000 Susanna Kim http://abcnews.go.com/blogs/business/?p=109536 ap bcs 2 dm 130108 wblog BCS National Championship Game Winners, Losers

(Image credit: Wilfredo Lee/AP Photo)

Perhaps the only people more disappointed about the Monday’s national championship game than Notre Dame may be the television sponsors.

Alabama University quarterback AJ McCarron, who led his team in his second national championship game victory, trounced Notre Dame 42-14, leading many to possibly tune out before the second half of the game, says Jim Andrews, senior vice president of sponsorship analytics firm IEG.

“That’s some of the inherent risk in advertising in sports,” Andrews said.

The marquee sponsor, Discover, likely paid $15 million to $20 million for its advertising package.

Another winner was ESPN, which broadcast the game. The sports cable network said ratings for last night’s game was 13.8 percent higher compared with the 2012 game last year between Alabama and LSU, according to Nielsen. ESPN said it was the highest-rated program on Monday night of all programs.

In Photos: Nude Athletes Revealed in ESPN’s ‘Body Issue’

ESPN and ABC News are both owned by Disney.

Sponsors are eagerly anticipating the start of the 2014-2015 NCAA football season, which will mark a new four-team playoff system leading to a true championship game. Currently a rating system determines who will play in the Bowl Championship Series.

The cost of sponsoring college football’s new championship game in 2015 will be about $35 million, the highest rights fee ever for a collegiate sports property, according to data from IEG and Kantar Media’s ImageTrack service.

“The folks who sell sponsorship advertising packages will be able to take advantage of the heightened interest in that game,” Andrews said.

Another winner of the game: McCarron’s girlfriend, Katherine Webb, who became a Twitter sensation just from being a spectator.

 

 

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AIG May Join Suit Over US Bailout http://abcnews.go.com/blogs/business/2013/01/aig-may-join-suit-over-us-bailout/ http://abcnews.go.com/blogs/business/2013/01/aig-may-join-suit-over-us-bailout/#comments Tue, 08 Jan 2013 12:54:17 +0000 Richard Davies http://abcnews.go.com/blogs/business/?p=109531 Morning Business Memo…

Saved from collapse by a massive bailout, the insurance company AIG is now considering joining a lawsuit against the government, which claims the terms were too harsh. The complaint says shareholders were cheated by the $182 million bailout, which included high interest rates and billions in payments to AIG’s Wall Street clients. The New York Times reports the lawsuit was filed in 2011 by 87-year-old former CEO Maurice Greenberg, a major investor who ran AIG for more than four decades.

The lawsuit claims the terms of rescue were too harsh, and that shareholders were deprived of tens of billions of dollars, which violated the Fifth Amendment prohibiting seizure of private property for “public use, without just compensation.” According to The Times, AIG board members will meet tomorrow in New York to hear a presentation about joining the shareholder suit.

Stung by fierce competition from online rivals, Target is now making a year-round pledge to match low prices customers find on identical products at other sites. The online list of competitors includes Amazon, Toys R Us, Babies R Us, Best Buy and Wal-Mart. The nation’s second largest discounter made a holiday offer to match prices and is now making this policy permanent. For the first time the price match will include products that are out of stock on Target.com. The moves follow a disappointing holiday shopping season for the Minneapolis-based retailer.

A Texas company says it’s figured out a way to keep bread from growing mold for 60 days. MicroZap CEO Don Stull says the bread is bombarded with microwaves for about 10 seconds, which kills the mold spores. The process could eliminate bakers’ need for preservatives and the ingredients used to mask their flavor, increase bread’s shelf life and reduce food waste. MicroZap researchers also see applications of the technology in developing countries where there are fewer food safety standards and spoilage is a problem.

Corporate earnings season kicks off today. Aluminum producer Alcoa will be the first big US company to report its fourth quarter numbers. Earnings growth at Alcoa could be at a three-year high. South Korea’s Samsung Electronics says that its profit during the most recent quarter nearly doubled to a record high on strong sales of smart phones. Samsung , the world’s largest mobile phone maker, is also well known for its TVs and memory chips.

The recession in Europe could drag down earnings at many large corporations. Unemployment in the 17 European Union countries that use the euro reached a record 11.8 percent in November. The numbers illustrate the difficult task facing EU leaders to repair the region’s economies. While the threat that the single currency union might crumble appears to have receded, joblessness continues to rise.

Richard Davies Business Correspondent ABC NEWS Radio ABCNews.com twitter.com/daviesabc

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Stocks Off to Strong 2013 Start http://abcnews.go.com/blogs/business/2013/01/stocks-off-to-strong-2013-start/ http://abcnews.go.com/blogs/business/2013/01/stocks-off-to-strong-2013-start/#comments Mon, 07 Jan 2013 13:25:19 +0000 Richard Davies http://abcnews.go.com/blogs/business/?p=109524 Morning Business Memo:

If only the rest of the year on Wall Street could be as good as the first week. The S&P 500 and Nasdaq are up 4.5 percent since January 1. The S&P 500 index is at the highest level in five years. But this week’s stock action may be a lot more volatile as Wall Street’s attention shifts away from Congress to the fundamentals of corporate profits. The fourth-quarter earnings season begins tomorrow with Alcoa’s earnings. The previous quarter’s results were disappointing for most large corporations and this season is not expected to be much better.

Motorists can expect bad news when the US Energy Department releases its weekly gas price report today. The national average is creeping up after falling to a one-year low in mid-December. Analysts expect the trend to continue in the coming months. Crude oil futures are up about $10 in the past month.

The Hostess bake sale continues. Hostess Brands – the bankrupt maker of Twinkies and Wonderbread – is said to be in talks with two big companies about selling off pieces of the firm. The Wall Street Journal says Grupo Bimbo and Flowers Foods are negotiating to buy assets including the firm’s bread business. Cake brands may be sold off later this year. Hostess announced in November that it was shutting down its business and selling off its brands and bakery plants.

A big break for global banks. International regulators have decided to slow down the phase-in of new rules meant to ensure banks have enough cash on hand to survive a future financial crisis. The liquidity rules requirement will take effect four years later than originally planned. European banking stocks surged this morning. Shares of several big Italian and Spanish banks rose more than 4 percent. Banks had warned the new rules would sharply reduce their profit margins.

Richard Davies Business Correspondent ABC NEWS Radio ABCNews.com twitter.com/daviesabc

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Diana Photo Mystery Man Revealed http://abcnews.go.com/blogs/business/2013/01/diana-photo-mystery-man-revealed/ http://abcnews.go.com/blogs/business/2013/01/diana-photo-mystery-man-revealed/#comments Fri, 04 Jan 2013 20:30:08 +0000 Susanna Kim http://abcnews.go.com/blogs/business/?p=109506 ht young diana photo jef 130104 wblog Diana Photo Mystery Man Revealed

(Image credit: Caren Archive)

The mystery of the young man sitting beside the late Diana Spencer in a photo apparently prohibited from being published has been solved.

The photo of Lady Diana before she married into the royal family will be up for auction later this month. Besides the identity of the mystery man, the words, “not to be published,” written on the image in grease pencil, intrigued the photo’s owner, Eric Caren of Caren Archive.

Caren had bought images from the former British newspaper, the Daily Mirror.

The man in the photo is Adam Russell, a student at Oxford University at the time and the great-grandson of former Prime Minister Stanley Baldwin. He is currently a deer farmer in Dorset, England.

Reached on the phone in western England, Russell confirmed with ABC News he was the man in the photo, but refused to say any more.

In Photos: Rare Diana Photo and Other Expensive Items

Asked whether he had any additional photos of himself at the time, he replied, “you’ve got one, it was just several years ago… The hair’s a bit shorter, otherwise you’d probably recognize [me].”

According to royal biographer Andrew Morton, the two were just friends.

In Morton’s book, “Diana, Her True Story – In Her Own Words,” he writes that her friend, Mary-Ann Stewart-Richardson, invited Diana to join her family on their skiing holiday in the French Alps. It was there that Lady Diana and Russell were injured and so they spent a lot of time together.

She fell on the ski slopes and tore all the tendons in her left ankle.

Morton said, Russell “always liked Diana but nothing ever happened, in part because he never expressed his desire for her.”

Diana did not attend Oxford but the two apparently kept in touch when they returned to London.

“After the holiday, he went away for a year and when he came back he was told he had competition: the Prince of Wales,” Morton said.

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Google FTC Probe Finds No Antitrust Issues http://abcnews.go.com/blogs/business/2013/01/google-ftc-probe-finds-no-antitrust-issues/ http://abcnews.go.com/blogs/business/2013/01/google-ftc-probe-finds-no-antitrust-issues/#comments Fri, 04 Jan 2013 13:08:18 +0000 Richard Davies http://abcnews.go.com/blogs/business/?p=109499 Morning Business Memo…

Federal regulators spent more than a year and a half looking into whether Google favored its own products in search results. They didn’t come up with much. The Federal Trade Commission has decided not to bring charges. The announcement is a blow to Microsoft and other Google competitors. Google is by far the biggest name in search. The company has argued its search engine benefits users. The commission says Google has voluntarily agreed to license some patents to mobile phone rivals and stop the practice of including snippets from other websites in its search results.  Read our full story.

Apple’s iPhone and Google’s Android continue to gain market share in the smart phone market, while other competitors continue to lose ground, according to the latest report by ComScore. Mashable reports: “In the three-month period ending November 2012, Google had a 53.7% share up from 52.6% in August. Apple’s market share rose from 34.3% to 35%, while RIM, Microsoft and Symbian all lost market share, dropping to 7.3%, 3% and 0.5% respectively.”

Many Americans, especially younger workers, are looking for something different in their next job: stability. A new report from the Council on Employee Benefits says priorities are shifting for many job seekers. “We’re looking for places that offer long-term opportunities,” says Meghan Casserly of Forbes Magazine. “It used to be the trend that workers were looking to work for the next big thing – for the Google or some cool place where they could bring their dog to work. And now, more and more, we’re looking for mature, more established companies that we can plan for the long term. People aren’t just happy to have a job anymore.” Compensation is important, Casserly tells ABC News Radio, but younger workers don’t want work to be all consuming. “The issues of balancing work life with our home life have become they’re for everybody. It’s no longer a woman’s issue.”

University professor is the least stressful job you can have, says a career website. CareerCast.com says teaching at the college level combines a median annual salary of more than $62,000 with prestige and a comfortable environment. “Their students are largely those who choose the classes they attend, and thus want to be in class,” the website said. “Unlike elementary and secondary educators, the performance of college professors isn’t evaluated based on standardized tests.” The website says enlisted men and women in the armed forces have the most stressful jobs.

Actor Patrick Dempsey may have scored a win against Starbucks in his bid to buy a small coffee chain in Seattle. The actor, who played Dr. McDreamy in the hit TV series, Grey’s Anatomy, told a KOMO-TV reporter that his investment group appears to have the winning bid for Tully’s Coffee. He noted that a bankruptcy judge will have the final say next week, but tweeted “We got it! Thank you Seattle!” Tully’s Coffee has 47 company-owned locations in Washington and California. Tully’s filed for Chapter 11 bankruptcy protection in October. After the auction, Starbucks spokesman Zack Hutson confirmed his company participated and “is currently in a back-up position” for some of Tully’s assets.

Richard Davies Business Correspondent ABC NEWS Radio ABCNews.com twitter.com/daviesabc

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Current TV, Al Jazeera Deal Tries to Lure U.S. Viewers http://abcnews.go.com/blogs/business/2013/01/al-jazeera-deal-tries-to-lure-skeptical-u-s-viewers/ http://abcnews.go.com/blogs/business/2013/01/al-jazeera-deal-tries-to-lure-skeptical-u-s-viewers/#comments Thu, 03 Jan 2013 20:17:10 +0000 Susanna Kim http://abcnews.go.com/blogs/business/?p=109482 gty al gore current nt 130103 wblog Current TV, Al Jazeera Deal Tries to Lure U.S. Viewers

Al Gore of Current TV. (Image credit: Danny Moloshok/AP Photo)

Hillary Clinton and some other Americans who want a global perspective may be fans of the Qatar-based news service Al Jazeera, but will Americans tune in to its new English channel?

Owned by the government of Qatar but broadcast across 130 countries, the Arab-language news service says it is planning to replace the Current TV cable network it is purchasing with its own English programming.

Current TV, founded by former vice president Al Gore in 2005, is based in San Francisco.  The purchase price has not been disclosed but the New York Times reports people with knowledge of the deal estimate it was worth $500 million. Gore owned 20 percent of Current TV.

Shortly after the announcement, Time Warner Cable said it was dropping Current TV.

Al Jazeera says about 50 percent of traffic to the Al Jazeera English website comes from the U.S. and Canada.

Simon Dumenco, media columnist at Advertising Age, is skeptical whether millions of new American viewers will watch.

“I hate to say it, but I think a good number of Americans, among those that have even heard of Al Jazeera, are suspicious of it by default,” he said. “There’s a certain segment of the population that’s just going to be automatically suspicious of anything that starts with ‘Al,’ like Al Qaeda — or Al Gore, for that matter.”

 

“The network’s branding, from its name to its calligraphic Arabic logo, isn’t exactly targeted to the American mainstream,” Dumenco said. “As Al Jazeera expands its footprint in the U.S., is it willing to tweak its branding to appeal to the average heartland channel-surfer? That remains to be seen.”

The site certainly has its fans.

Al Jazeera English has previously been awarded the Columbia Journalism Award, a DuPont award, and a George Polk award.

In March 2011, Hillary Clinton voiced criticism of American media outlets and said Al Jazeera was “real news.”

“You may not agree with it, but you feel like you’re getting real news around the clock instead of a million commercials and, you know, arguments between talking heads and the kind of stuff that we do on our news which, you know, is not particularly informative to us, let alone foreigners,” Clinton said.

 

 

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‘Do Not Publish’ Photo of Diana to be Sold http://abcnews.go.com/blogs/business/2013/01/do-not-publish-photo-of-diana-to-be-sold/ http://abcnews.go.com/blogs/business/2013/01/do-not-publish-photo-of-diana-to-be-sold/#comments Thu, 03 Jan 2013 17:58:55 +0000 Susanna Kim http://abcnews.go.com/blogs/business/?p=109470 ht young princess diana jef ssm 130103 wblog Do Not Publish Photo of Diana to be Sold

(Image credit: Caren Archive)

A photo showing a rare glimpse into the life of Lady Diana before she married into the royal family will be up for auction later this month.

The photo formerly belonged to the former British newspaper, the Daily Mirror. It has the words, “not to be published” written on it in grease pencil, commonly used by photo editors. Diana appears to be lying in a bed with a male seated behind her. A bottle of Johnnie Walker Whisky is on the window sill next to her.

In Photos: Rare Diana Photo and Other Expensive Items

The date, Feb. 26, 1981, is written on the back side of the photo. Caren Archive, the photo’s current owner, bought part of the photo library of the Daily Mirror.

On Feb. 23 of that year, Diana moved into Buckingham Palace, at just 19 years old. The next day, the palace had made an official statement about the engagement.

She married Charles, Prince of Wales, on July 29, 1981 at St. Paul’s Cathedral.

The photo will be auctioned as part of a photography sale by RR Auctions of Amherst, N.H., from Jan. 17 to 24.

Eric Caren, the owner of Caren Archive, said he does not know who the man in the photo is for sure, though many have suggested the man is Diana’s brother, Charles Spencer.

“If it is her brother, it is more curious why they squashed it,” Caren said of the Daily Mirror’s editors. “It’s not an unflattering shot. It’s a more intimate shot.”

Bob Livingston of RR Auctions said the Daily Mirror was likely uncomfortable publishing a photo of the future Princess of Wales appearing to be in the arms of another man. He told the Daily Telegraph a similar photo could be sold for $1,000 but because of the words, “not to be published” on it, he expects it to be sold at a much higher price.

Also to be auctioned are a 1988 news photograph of Princess Diana observing a marriage conflict resolution seminar, an original photo of the Beatles playing in the 1960s and a studio portrait of Albert Einstein.

 

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Stock Euphoria May Dim Over Deficit http://abcnews.go.com/blogs/business/2013/01/stock-euphoria-may-dim-over-deficit/ http://abcnews.go.com/blogs/business/2013/01/stock-euphoria-may-dim-over-deficit/#comments Thu, 03 Jan 2013 13:15:40 +0000 Richard Davies http://abcnews.go.com/blogs/business/?p=109463 Morning Business Memo…

Wall Street’s first day of trading for 2013 brought the biggest gains in more than a year for the Dow Jones index – up 308 points. Other averages rose after the fiscal cliff deal in Congress. Ten stocks rose for every one that fell on the New York Stock Exchange. But don’t expect the euphoria to continue. The ratings firm Moody’s says Congress must go beyond its latest deal and come up with a plan to shrink the deficit if it wants to keep the current credit grade.  Moody’s has a negative outlook on the government’s debt. Congress put off tough decisions on spending cuts that would be aimed at reducing sky-high deficits.

The outlook for savers and investors? “I think you should prepare for a lot of volatility in the coming six months,” says Susan Schmidt of Mesirow Financial. Economist Diane Swonk agrees, saying the deal in Congress “was just one small step, one toe in what is going to be very turbulent waters for the next several; months.”

One of the biggest personal finance changes for many Americans over the next year will involve health care.  In 2013 we’ll learn a lot more about how President Obama’s health reform law will effect consumers.  “Most big changes will start to be seen late next year,” Susan Dentzer, editor in chief of the journal Health Affairs, tells ABC News Radio. “In October open enrollment period begins for people who are going to be eligible to buy coverage through new health insurance exchanges.” Health exchanges will cover people who don’t have coverage today. “There could be as many as 30 million Americans covered under these new arrangements,” says Dentzer. “People will be able to sign up at that point for Medicaid as well. The coverage will actually take effect in January of 2014.”

Better latte than never? Starbucks is now selling cheap, reusable plastic cups at all its US stores. Every time you bring a $1 cup back Starbucks baristas will rinse it with boiling water and then give you a ten cent discount on your coffee. The aim is reduce the amount of trash that ends up in landfills. USA Today reports:  ”Thousands of people have signed petitions on Change.org, a website promoting social change, urging companies to promote reusable options and abandon polystyrene foam packaging, which is rarely recycled.”

The Arabic-owned news channel Al-Jazeera is buying Current TV, extending Al Jazeera’s reach beyond a few large US cities to about 40 million homes.  Al Jazeera is owned by the government of Qatar and is one of the world’s largest international news channels. Current cofounders Al Gore and Joel Hyatt say Current was built with goals that are compatible with Al-Jazeera’s, including giving “voice to those who are not typically heard,” providing independent and diverse points of view” and telling “the stories that no one else is telling.”

Richard Davies Business Correspondent ABC NEWS Radio ABCNews.com twitter.com/daviesabc

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Markets Surge After Fiscal Cliff Deal http://abcnews.go.com/blogs/business/2013/01/markets-surge-after-fiscal-cliff-deal/ http://abcnews.go.com/blogs/business/2013/01/markets-surge-after-fiscal-cliff-deal/#comments Wed, 02 Jan 2013 12:48:52 +0000 Richard Davies http://abcnews.go.com/blogs/business/?p=109455 Morning Business Memo

Your 401(k) plan may be looking better this morning after a solid gain last year. Expect a big stock market bounce after the House passed the Senate’s fiscal cliff agreement. Futures shot up after the drama finally ended late Tuesday. Economists had warned hundreds of billions of dollars in automatic tax hikes and spending cuts could have triggered a US recession this year.

Several leading European averages are up 2 percent today. Australian and Hong Kong stock indexes closed overnight at their highest levels since June 2011. The vote brings tax increases on high earners for the first time in 20 years. Single taxpayers earning more than $400,000 and couples over $450,000 will see their top marginal tax rate go up. The wealthiest Americans will also pay more on capital gains and dividends. The fiscal cliff deal stops income tax hikes for more than 98 percent of taxpayers.

During 2012 major stock averages rose for a fourth year in a row. The widely quoted S&P 500 index closed with an annual gain of 13.4 percent.

Good news for milk drinkers. The fiscal legislation that passed Congress averts the “dairy cliff”– putting off a steep increase in milk prices. The legislation includes a nine month extension for a 2008 farm bill that ran out at the end of December. Without the fix dairy subsidies would have plunged, and milk prices could have doubled.

Avis Budget Group (Nasdaq:CAR) is buying Zipcar (Nasdaq:ZIP) , the world’s leading car sharing network. According to today’s announcement Avis Budget will pay $12.25 per share in cash, a 49 percent premium over Monday’s closing price. The transaction is subject to approval by Zipcar shareholders and is expected to be completed in the spring of 2013. Car sharing has grown to be a nearly $400 million business in the United States and is expanding rapidly in major cities around the world.

Many economists expect the US jobs market to improve this year especially during the summer and fall. But demand for unskilled jobs may continue a long term decline. One reason is the rise of robots: “You can go to many modern factories today and look out on the factory floor and see very few people but the people who are there are performing higher value jobs,” says James Meigs, editor-in-chief of Popular Mechanics. Warehouse robots can move bar coded packages and have “the ability to sort and discriminate and make decisions on where it needs to go.” Meigs says robots will do a lot more in the future. “Dumping out the French fries filling up the cokes flipping the burgers” at your local McDonald’s could be one of many innovations.

Richard Davies Business Correspondent ABC NEWS Radio ABCNews.com twitter.com/daviesabc

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