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norbertoeyvr   , 81

from West New York

Volkswagen Says 2nd-quarter Profit Up 14 Percent As Unit Sales Rise, Though Revenues Slip | Fox Busi

6042430088644518022.jpg Volkswagen AG said its profit in the April-June period was 3.25 billion euros ($4.35 billion), up from 2.85 billion a year earlier. Revenue slipped 2.2 percent to 50.98 billion euros although there was a 5.6 percent increase in the number of vehicles sold, to 2.62 million. Volkswagen said that revenue was hurt by "significant negative exchange go here now rate effects" and also said that, while global demand for passenger cars continued to rise in the year's first half, "the pace of growth eased off" and regional trends were mixed. The company maintained its full-year outlook. U.S. stocks sustained heavy losses on Thursday as traders ditched a wide swath of assets, leading the blue-chip average to hit the flat-line homepage for 2014. Industries
More: http://www.foxbusiness.com/markets/2014/07/31/volkswagen-says-2nd-quarter-profit-up-14-percent-as-unit-sales-rise-though/

Australia Just Approved A Coal Mine That Will Emit More Greenhouse Gases Than 52 Nations - Yahoo New

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New Philips Pocket Memo Voice Recorders Help Busy Professionals Streamline Their Work Processes - Ya

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O'bannon Trial: Conference Usa An Example Of How The Other Half Lives - Pittsburgh Post-gazette

6038002909394817134.jpg The NCAA wants to establish that only a small percentage of schools that would be affected by this case are generating a net profit -- its director of research, Todd Petr, testified Monday morning that 23 were reported to be in the black in 2012 -- and Banowsky was the guy to humanize that story. When asked what would happen if football and basketball players were owed 50 percent of the TV revenues for use of their names, sites images and likenesses, Banowsky predicted that some Conference USA schoosl would choose to drop football altogether rather than reallocate for the estimated $500,000 that the players would bring in with a group license in this scenario. Yet, Banowsky said Conference USA presidents were in favor of going to the full cost of attendance model that the "Power Kim Kardashian Five" have proposed, which would allow athletes from all sports to receive a stipend for the gap between what their scholarship covers and what it actually costs when you add in food and a spending allowance (estimated at around $2,000 to $5,000 depending on the school). In cross-examination, plaintiffs' attorney Seth Rosenthal pointed out that the amount owed to players for their NILs -- if they were to receive anywhere from 20 to 50 percent of TV revenues -- would be about $2,000 to $5,000 when divided among 98 scholarship athletes, Kim Kardashian in the same range as full cost of attendance. "These are schools that already outlay $20 million from their general budget," Rosenthal said. "Your testimony is that an additional $200,000 would cause them to drop football altogether?" "No," Banowsky said. Asked about why his presidents would want to pay full cost of attendance but not for use of NILs, Banowsky responded: "What we don't support is funding student-athlete benefits that exceed cost of education.
More: http://www.post-gazette.com/sports/college/2014/06/24/O-Bannon-Trial-Conference-USA-an-example-of-how-the-other-half-lives/stories/201406240131

Japan's Abe Unveils Plan To Cut Corporate Tax Rate To Spur Growth | Reuters

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