Tuesday 07.25.17
"Eventually everything connects - peoples, ideas, objects. The quality of the connections is the key to quality per se" -Charles Eames

Google Parent Posts Strong Ad Growth, but Earns Less for Each Click  Google parent Alphabet posted another strong quarter of advertising growth, but the $2.7 billion fine imposed on the company by European regulators weighed on its profits. Alphabet said clicks on its ads surged 52% in the second quarter from a year earlier. - Wall Street Journal

Time, not material goods, 'raises happiness'  A recent study shows that spending money to free-up time increases happiness. In an experiment, individuals reported greater happiness if they used £30 ($40) to save time - such as by paying for chores to be done - rather than spending the money on material goods. - BBC

Economy Needs Workers, but Drug Tests Take a Toll  Employers say they are having trouble filling jobs because too many applicants can’t pass drug tests. The opioid epidemic and, to some extent, wider marijuana use are hitting businesses and the economy in ways that are beginning to be acknowledged by policy makers and other experts. - New York Times

NASA Has a Way to Cut Your Flight Time in Half  NASA's supersonic plane design could be quiet enough to lift the long-standing ban on overland travel, if it makes it to production allowing passengers to take super-sonic commercial flights. - Bloomberg

What is Project Tim?  A mystery company has amassed 850 acres in land options to build a $5 billion industrial facility that would be "the greenest facility of its kind anywhere in the world." - Crain's Detriot Business

Barnes & Noble Investor Presses for Bookseller’s Sale  Activist investor, Sandell, wants Barnes & Noble to try again to sell itself, arguing the bookseller needs an owner who can invest in its beleaguered operations. Sandell figures physical bookstores aren't going away and the firm is the only national chain with a well-established retail presence. - Wall Street Journal

Michael Kors acquires Jimmy Choo  Michael Kors agrees to acquire Jimmy Choofor $1.2B. The company expects to grow Jimmy Choo sales to $1B a year and create long-term operational synergies with the MK business. - Seeking Alpha

  There's a Trillion Dollar Global Black Market for Fake "Designer" Chairs

"To appreciate the difference between and original and a knockoff is to understand the difference between design and style."
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