Spend Matters Afternoon Coffee
The Magic Mouse iPhone…? — There are some sneaky rumors being leaked out on the iPhone 5. What’s true and what’s not? I have heard news on a ton of features and changes Apple will be doing with its newest iPhone design. The iPhone 5 is said to be shipping out in September of this year, not this June or July; Apple is adding new features and changing the design of the phone itself.
Wait, but this doesn’t involve any politicians going to jail…what’s up, Illinois?
House approves bill to make it harder to sweeten pensions — The Illinois House voted Wednesday to approve a constitutional amendment that would make it tougher to sweeten pension benefits for state workers, teachers — and lawmakers. The measure backed by House Speaker Michael Madigan (D-Chicago) passed 113-0 and now moves to the Senate. It would require a three-fifths majority vote in the House and Senate to pass pension-enhancing legislation. Now, such bills only require simple majorities to pass. “There’s a lot of tough medicine in this resolution,” Madigan said. “I think the tough medicine is needed.”
Ford goes to China.
Ford Plays Catch-Up in China — In what it calls its largest industrial expansion in at least 50 years, Ford is adding plants and dealerships in Asia, where it lags its chief rivals in sales and production capacity. When the expansion is complete in 2015, the Dearborn, Mich., company will be capable of building 1.2 million passenger cars a year in China–nearly half the number it built last year in North America. “Should we have done this five years ago? Sure. But we can’t change that. We can only change the future,” said Joe Hinrichs, Ford’s Asia chief, in an interview. “We are coming out of the financial crisis a much stronger company and we are now ready to dedicate our resources and attention to Asia Pacific.”
Which came first??!?
‘Eggless’ chick laid by hen in Sri Lanka — A Sri Lanka hen has given birth to a chick without an egg, in a new twist on the age-old question of whether the chicken or the egg came first. Instead of passing out of the hen’s body and being incubated outside, the egg was incubated in the hen for 21 days and then hatched inside the hen. The chick is fully formed and healthy, although the mother has died.