Spend Matters Afternoon Coffee

It's Valentine's Day!
Valentine's Day Provides Little Love for Socially Conscious Consumers -- Valentine's Day, with estimated sales of $15.7 billion, is a huge boon for retailers in an otherwise bleak economy, but if you're a socially conscious consumer, finding one of the top-selling items -- chocolate, jewelry or flowers -- that fits your ideology may pose significant challenges.

No more Apple shortages.
Apple plugs supply-chain loophole; Samsung to supply $7.8 bln worth displays, processors and memory -- Apple is ready to plug any loopholes in its supply chain to avert shortages, as it has placed a $7.8 billion order for key components used in hand-held devices from Samsung Electronics Co. for this year.

On the other side of the pond:
PM launches Contracts Finder -- The Prime Minister has launched the Government's Contracts Finder, a new online tool that displays details of all new procurement opportunities, tender documents and contracts for central government over £10,000.

Budgeting.
Barack Obama unveils US budget plans for 2012 -- US President Barack Obama has unveiled his 2012 budget, describing the proposal as a "down payment" on future cuts to the US budget deficit. The budget aims to cut $1.1tn (£690bn) from the US deficit over a decade.

- Sheena Moore

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