Spend Matters Friday Latte

Goldman scales it back.
Intel: Goldman Trims Estimates On Impact Of Thai Floods -- Goldman Sachs analyst James Covello this morning trimmed his EPS estimates for Intel to reflect the expected impact on the company from the restricted supply of hard disk-drives as a result of the severe flooding in Thailand. The basic logic: tight supplies of drives means reduced production of PCs, and lower sales of microprocessors.

I wish pizza was a vegetable when I was growing up.
Pizza Counts as a Vegetable? How the Spending Bill in Congress Could Unravel Progress on School Nutrition -- This week Congress is supposed to vote on a spending bill to keep the government running, a bill that because of last-minute additions now contains language that allows pizza to be counted as a vegetable in a school lunch.

The End of Cheap Coffee: Why the Diner Staple Is About to Become a Luxury -- On a rainy Wednesday afternoon in Venice, California, Dan Kougan spreads out three shot glasses in front of a curious audience. The champagne-colored liquid bubbling on the left is a homemade hops soda. The creamy, tan shot in the middle is a barley-chocolate malt topped with a tuft of steamed milk. And the chestnut-hued beverage on the right, the raison d'être of this whole ordeal, gives off the unmistakable scent of fresh espresso, extracted from the highest-quality coffee beans the developing world has to offer.

Canada goes plastic.
Canada's new plastic $100 bill is all tricked out -- Watch out counterfeiters: Canada is planning to abandon paper money. This week, our friend to the north introduced the first in its new line of all-plastic notes -- a cool $100 bill made out of a single sheet of plastic polymer and tricked out with all kinds of high-tech security features. In a statement, the Bank of Canada said that the new notes will last twice as long as paper money and will also be recycled, which makes them generally greener (even though the $100 bill is kind of yellowish in color). But the real impetus to move to plastic money was making the money more difficult to counterfeit.

Sheena Moore

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