Bad for our wallets, good for our waistlines?
Chocolate bars to be smaller due to volatile cocoa prices -- The Chocolate of Tomorrow report from KPMG predicted by 2030, chocolate bars will be both sweeter and smaller. Demand for cocoa will outstrip supply, resulting in the increased use of artificial cocoa. Over the next five years the global chocolate market is predicted to grow by 2 per cent a year. Increased demand will come from the growing consumer markets in latin America, Eastern Europe and Asia Pacific. Differing consumer preferences for chocolate in different regions will challenge manufacturers, who will be unable to scale operations globally.
Producer Prices, Retail Sales Decline as Energy Plunges -- U.S. retail sales fell for a second straight month in May and wholesale prices dropped by the most in three years, offering more evidence of a downshift in the economic recovery. Retail sales slipped 0.2 percent as demand for building materials sagged and declining gasoline prices weighed on receipts at service stations, a Commerce Department report showed on Wednesday. April's sales were revised to show a 0.2 percent drop instead of the previously reported 0.1 percent gain. Motor vehicle sales rose 0.8 percent, a surprise given that manufacturers reported weak unit sales during the month. Excluding autos, sales fell 0.4 percent, the biggest decline in two years, after dropping 0.3 percent the prior month.
A hi-res look inside the new Macbook Pro.
High-res MacBook Pro teardown -- Apple's new MacBook Pro has a 220 dpi screen and an i7 CPU, yet is only .7" thick. iFixit took a look inside.
As summer heat peaks, water supply dries up across Delhi -- "Nobody cares... we just keep getting lame excuses," says V.K. Arora as he bemoans the daily struggle for water faced by residents of South Delhi's Kailash Hills. At the tail end of the supply chain, residents here have to depend mainly on private water tankers and some stealthily-dug bore wells. In East Delhi's Ram Nagar Extension, residents recently received water mixed with sewage that smelt foul, looked bad and was absolutely unfit for consumption. "We were told the service pipelines have corroded, but how can the pipelines of the entire neighbourhood go bad simultaneously?" asked a resident.