Young Country Business
Welcome to Young Country Business !

Small Business Home page

  • Apple Uses Legal Strategies to Avoid Paying Millions in Taxes

     

    Photo by Kevork Djansezian/Getty Images(NEW YORK) -- Apple, the most lucrative technology company in the world, has used legal strategies to avoid paying millions of dollars in taxes in California and 20 other states, The New York Times reports.

    Although its headquarters are based in Cupertino, California, where the state's corporate tax rate is 8.84 percent, the technology giant put an office in Reno, Nevada, where the corporate tax rate is zero. Additionally, Apple has subsidiaries in other low-tax locations such as Ireland, the Luxembourg, the British Virgin Islands and Ireland, according to The Times.

    While most companies employ strategies to reduce their taxes, Apple's savings are especially high--Wall Street analysts project that the technology company could bring in up to $45.6 billion this fiscal year, The Times says.

    Copyright 2012 ABC News Radio

  • Nutella: Consumer Class Action Settlement

     

    iStockphoto/Thinkstock(NEW YORK) -- Two moms took a big food corporation to court over false advertising and won their case — and now you can get a cut of it.

    Their goal was to get the maker of Nutella to admit that, contrary to its ads, the product is no more healthy than a candy bar.

    Laura Rude-Barbato, mother of three took the maker of Nutella to court and won. Athena Hohenberg, a San Diego mother of a 4-year-old daughter also took the company to court.

    Rude-Barbato said their television ad which claimed that “Nutella is made with simple, quality ingredients like hazelnuts, skim milk and a hint of coco,” was false.

    “I thought it was at least as nutritious as peanut butter if not more and that’s the impression I got from the advertisement. I thought it had health benefits and it clearly doesn’t,” she said.

    After watching the ads, Rude-Barbato was  shocked to discover that what she had been feeding her children wasn’t healthy at all.

    In fact, just two tablespoons of Nutella contains 200 calories, 21 grams of sugar and 11 grams of fat.

    “I felt duped,” said Rude-Barbato.

    In Hohenberg’s suit, she claimed that she “was shocked to learn” that Nutella “was the next best thing to a candy bar.”

    The company website still asserts: “when used in moderation with complementary foods, Nutella® is a quick and easy tool to encourage kids to eat whole grains, such as whole wheat toast.”

    Rude-Barbato fought back for truth in advertising and the maker of Nutella, Fererro USA awarded her $3.5 million — that’s anywhere from $4 to $20 per person.

    Any consumer who bought Nutella between Jan. 1, 2008 and Feb. 3, 2012, (or Aug. 1, 2009 and Jan. 23, 2012 in California) can file a claim.

    To find out more about the consumer class action settlement click here.

    video platform

    video management

    video solutions

    video player

    Copyright 2012 ABC News Radio

  • CISPA: Cybersecurity Bill May Pit Online Safety Against Privacy

     

    iStockphoto/Thinkstock(NEW YORK) -- While all the focus was on SOPA and PIPA, the so-called Internet piracy bills in Congress, there's a new piece of technology-related legislation that may prove to be just as controversial. The Cyber Intelligence Sharing and Protection Act, or CISPA, passed the U.S. House of Representatives late Thursday, and now heads to the Senate.

    If enacted, it would increase the information that is shared between the government and technology companies, giving each protection to share confidential information with one another in the interest of warding off cyberthreats.

    Previously, this hasn't been the case -- government information was classified and companies feared violating antitrust laws.

    With the passage of CISPA, however, the government could share that information with private companies to help them protect their networks. And --this angers privacy advocates -- companies could share information about its users and its networks with the government.

    The bill passed the House of Representatives by a vote of 248 to 168, with a Republican majority.

    Proponents of the bill, such as Mike Rogers, R-Mich., and Dutch Ruppersberger, D-Md., who introduced it, said the sharing of information would allow the government and the proper agencies to address cyberthreats quickly.

    But opponents, including President Obama, say they are worried about consumer privacy and the scope of sharing between the government and independent technology companies.

    Obama has threatened to veto the bill. "The administration strongly opposes H.R. 3523, the Cyber Intelligence Sharing and Protection Act, in its current form," Obama's Office of Management and Budget said in a statement earlier this week. "If H.R. 3523 were presented to the president, his senior advisers would recommend that he veto the bill."

    Jared Polis, D-Colo., has been particularly outspoken on the measure. "If this bill is enacted, there is nothing to stop companies from sharing their customers' private information with every branch of the government, including the military. Allowing the military to spy on American citizens, on American soil, goes against every principle this nation stands for," Polis said in a statement.

    An anti-CISPA petition on Avaaz.org already has more than 773,000 signatures.

    That said, many technology companies, such as Microsoft, AT&T and Facebook, which opposed SOPA, the Stop Online Piracy Act, and PIPA, the Protect IP Act, support CISPA. Unlike the SOPA and PIPA controversies, no major websites have threatened or planned to go dark. Or at least they haven't yet. But a lot may yet happen as the bill heads to the Senate.

    Copyright 2012 ABC News Radio

  • 12-Year-Old App Developer Wins Award

     

    ABC News (MANHATTAN BEACH, Calif.) -- Thomas Suarez, like many 12 year olds, spends a lot of time at his computer. But Suarez isn't just playing games or chatting with friends. More often than not, he's developing iPhone apps.

    When he was 9, Suarez found himself downloading the iOS Developer ToolKit and simulation tool onto his computer, and teaching himself Python, Java and C.

    Within a few months he had created his first app, Earth Fortune, and convinced his parents, Ralph and Margaret, to shell out $99 to get his wares into Apple's App Store. He even started his own company, CarrotCorp.

    "After Earth Fortune launched, I had eventually saved enough money to buy an iPod Touch," Suarez told ABC News.

    And with that he was off and running. He has since designed other apps, including "Bustin Jieber," a game that lets users, well, whack Justin Bieber when he moves to a different location on the screen.

    CarrotCorp now sells four mobile applications for the iOS platform; two are free and the other two cost 99 cents each.

    "I've made a lot of money for a kid," says Suarez, now 12 and a sixth grader in Manhattan Beach, Calif. In November, he bought an iPhone with his earnings and also attended the Consumer Electronics Show in January.

    Since that time, Suarez started an app club at his school, helping other kids build and share their creations, and also gave a Ted-X Talk, which was seen by nearly 2 million viewers on You Tube.

    In his talk, Suarez said that kids needed to learn these kinds of skills and be given the technology and resources to do so, because they're the foundation for future jobs. He also talked about role reversal, in that the young must teach their elders about new technology.

    That talk caught the attention of Craig Hatkoff, the co-founder of the Tribeca Film Festival. "It touched a chord in virtually anybody who saw it," said Hatkoff, who began mentoring Suarez through email and Skype. "He talks about the idea that kids don't necessarily want to play games, they want to learn how to make games. The whole notion that kids will take ownership if you give them something interesting that they want to do. To me, that was a revelation."

    And Hatkoff had given Suarez even more tools to build. A couple of months ago, he bought Suarez one of his favorite gadgets in the world – a MakerBot 3D "desktop replicatior" (or a 3-D printer) that allows one to design and print objects. Within four weeks, Suarez had taught himself how to use it.

    On Friday, Suarez, along with folks like Twitter's co-founder Jack Dorsey, filmmaker Edward Burns, MakerBot founder, and -- ahem -- the real Justin Bieber were honored at Tribeca Disruptive Innovation Awards.

    At the event, Hatkoff gave Suarez a Disruptive Innovation award in the shape of a hammer, and Suarez gave Hatkoff his MakerBot creation. But that's not enough for the ambitious 12-year-old. There's more to build, he told us, as he preps to start developing his next iPhone game and learning how to develop for Android.

    "I started off thinking Thomas would become my protege," Hatkoff said, when he presented Suarez with this award. "I have now learned, I am his protege."

    Copyright 2012 ABC News Radio

  • White House Responds to Worse than Expected GDP Figure

     

    iStockphoto/Thinkstock(WASHINGTON) -- The White House says the continued expansion of the economy is “encouraging” but that the slower-than-expected growth in the first quarter shows “additional growth is needed” to replace the jobs lost in the recession.

    Reacting to the news that GDP grew at a rate of 2.2 percent in the first quarter of 2012, Chairman of the Council of Economic Advisers Alan Krueger noted in a White House blog Friday that “overall GDP growth was weighed down by reduced spending in the government sector.”

    “According to the Bureau of Economic Analysis, national defense expenditures fell by 8.1 percent in the first quarter.  Government spending across all levels subtracted 0.6 percentage point from overall GDP growth.  The latest report continues a pattern of moderate growth in the private sector components of GDP and contraction of the government components of GDP,” he wrote.

    Asked if the White House is concerned about the slowing of the economic recovery, Deputy Press Secretary Josh Earnest told reporters aboard Air Force One on Friday, “We don’t put too much weight on any individual report.”

    “While we’re moving in the right direction, this report illustrates something that the president has long understood, which is that there’s quite a bit more work to do, both in terms of the putting in place policies that will help the private sector create jobs, but also ensure that we have policies in place that will benefit middle-class families and those families trying to get into the middle class,” Earnest said.

    “What we examine are the longer-term trends.  And today’s report indicates that for the eleventh consecutive quarter we’ve enjoyed economic growth in this country.  So for those of you scoring along at home, that’s almost three years of consecutive, economic growth in this country,” he added.

    Copyright 2012 ABC News Radio?

  • Cars Cost More to Operate But Keep Their Value

     

    iStockphoto/Thinkstock(NEW YORK) -- Americans should appreciate the fact that their two-and-three-year-old cars are hardly depreciating in value.

    Auto club AAA's annual report on the cost of owning and operating a vehicle finds that because the economy is still soft, people are reluctant to trade in older cars for newer models.

    It should be no surprise that it costs more to own and operate cars, AAA says, up 1.9 percent from last year, with much of that due to rising gasoline prices.

    For instance, if you drive an average of 15,000 miles annually, AAA figures you're paying 59.6 cents per mile or $8,946 based on depreciation, fuel, insurance, finance charges, maintenance and tires.

    That's the downside of the study. The upside is that the demand for used cars is so high right now that if your vehicle was worth $15,000 in 2011, chances are it's nearly worth that much now.

    Dealers normally have a good supply of two-to-three-year-old used cars on hand, but with owners less inclined to trade them in, these models are being sold at a premium.

    Copyright 2012 ABC News Radio

  • Increased Bidding Wars a Sign of Growing Demand for Housing

     

    Stockbyte/Thinkstock(NEW YORK) -- The worst may well be over for the housing market, especially in much of the country where foreclosures have not been as widespread. Even bidding wars are back in some areas, according to The Wall Street Journal.

    The newspaper reports that in markets across the country, more and more buyers are competing for the same properties.  But the bidding wars are not an indication of surging sales, WSJ says, but rather the result of supply shortages. This could be a sign that demand for housing is picking up.

    As for home builders, shares for Pulte shot up 10 percent after the company reported an increase in permits to build homes.

    Copyright 2012 ABC News Radio

  • GDP Rose 2.2% in First Quarter

     

    Comstock Images/Thinkstock(WASHINGTON) -- The U.S. economy expanded at an annualized rate of 2.2 percent in the first quarter, a slower pace than expected, keeping the recovery on track, but failing to generate enough activity to knock down the jobless rate significantly.

    This first estimate will be revised later, but economists in various surveys had expected gross domestic product growth -- the output of all goods and services, from cars to electricity to manicures -- at 2.5 percent to 3.2 percent annualized.

    “In reviewing the numbers, the fear now is that we may be running out of runway before the onset of another recession.  We will not be surprised to see continued growth in GDP given the fact that privately held companies continue to grow at a healthy rate,” said Brian Hamilton, CEO of Sageworks.  “However, what is becoming slightly concerning is that the unemployment rate is not decreasing at a fast enough rate.”

    GDP growth was 3 percent in the final three months of 2011.  Much of the growth in the October to December quarter was due to businesses aggressively restocking their supplies.

    Historically, Hamilton noted, it has taken approximately 12 to 20 months for unemployment to fall in an expansion to roughly pre-recession levels.

    ”Right now, we are into the 34th month of the recovery, and, yet, unemployment remains too high.  If we don’t get employment up, we may be bumping into the next recession, during which time we cannot expect job growth,” he said.?

    Copyright 2012 ABC News Radio

  • Obama Cracks Down On For-Profit Schools That Prey On Veterans

     

    JIM WATSON/AFP/Getty Images(WASHINGTON) -- In front of thousands of service members, President Obama on Friday signed an executive order aimed at protecting veterans from for-profit educational institutions trying to “swindle” and “hoodwink” them instead of providing the education they deserve.

    Speaking to the Army’s Third Infantry Division at Fort Stewart, Ga., the president, with his wife at his side, described how some for-profit institutions target veterans, bombarding them with emails and phone calls, promising advanced degrees and future job placement.

    “You’re dealing with folks who aren’t interested in helping you.  They’re not interested in helping you find the best program.  They are interested in getting the money.  They don’t care about you; they care about the cash,” he said. “That’s appalling.  That’s disgraceful.  It should never happen in America.”

    The order, part of the president’s ongoing “We Can’t Wait” executive action campaign, is intended to crack down on these improper recruiting practices and to strengthen student protections for veterans.

    “The executive order I’m about to sign will make life a whole lot more secure for you and your families and our veterans — and a whole lot tougher for those who try to prey on you,” the president said.

    The order requires colleges that participate in the G.I. Bill program and the Department of Defense’s tuition program to provide veterans with the “Know Before You Owe” form, a document that outlines the financial aid available to student and how much debt they will likely take on.

    The order also directs the Department of Veterans Affairs to trademark the term “G.I. Bill” to prevent educational institutions from fraudulently marketing their programs to beneficiaries of the program.

    While members of Congress have introduced legislation to address these same issues, Friday’s action was intended to cast Obama as a take-charge president willing to circumvent gridlock on Capitol Hill.

    Copyright 2012 ABC News Radio

Business News - ABC News Radio Sun, 29 Apr 2012 19:36:10 +0000

Epc Surrey - Epc Surrey
...rey home on the market you`ll no longer have to pay for a home information pack. Since May, people that are putting their houses on the market no longer need to provide potential buyers with a HIPs p...
Visit Epc Surrey...

Vinyl Banners - Vinyl Banners
...ports day or church fete to arrange in the near future? Would you like to advertise it in a bold and bright way but are struggling for ideas of how this could be done? Have you considered using viny...
Visit Vinyl Banners...

Road Safety Equipment - Road Safety Equipment
...ad safety equipment at work making sure that the road repairers are safe. You often see trenches being dug to expose pipework or tarmac might be in the process of being replaced, and effective safety...
Visit Road Safety Equipment...

Shop Displays - Shop Displays
...f products that you sell, you will be able to find the perfect shop displaysto suit by browsing on the web. You can choose from cable displays, rod displays, suspended cables, rod lighting and many ot...
Visit Shop Displays...

Acoustic Treatment - Acoustic Treatment
...ome you`ll have to give some thought to the acoustic treatment. You won`t be able to crank the volume up to max if you haven`t got the right levels of acoustic treatment installed. You might think t...
Visit Acoustic Treatment...

Digital Banners - Digital Banners
...old and new and want to say it in a clear and concise manner? Would you like the power of print to help in the process and digital banners to be involved in the dealings? If you haven`t used them be...
Visit Digital Banners...

Furniture Storage Acton - Furniture Storage Acton
...moving house and need somewhere to store your furniture while you wait for the sale to be completed? You might be renovating your home and need somewhere to store your furniture while the work is bein...
Visit Furniture Storage Acton...

Building Acoustics - Building Acoustics
...n to some one else in the office all day every day when you want to concentrate on your work. More companies want open plan offices, but quite often the Building acousticsof older buildings are not su...
Visit Building Acoustics...

Rubber Buckets - Rubber Buckets
... conventional buckets, this flexibility can be very useful when carrying thicker liquids such as pastes or building materials such as sand. Rubber bucketscan be just as hard wearing as conventional pl...
Visit Rubber Buckets...

Offices To Rent Glasgow - Offices To Rent Glasgow
...uitable office space. The building that you are currently in has been bought by another company and once your lease expires, you`ll be out on your ear. In a way this has done you a favour because yo...
Visit Offices To Rent Glasgow...

Bar Supplies - Bar Supplies
...ant Bar Supplies isn`t a problem if you find a good wholesaler. Source a suitable company and you`ll be able to shop online at their store or visit their showroom in person. When you weigh up how mu...
Visit Bar Supplies...

Makeover Photo Studio Bristol - Makeover Photo Studio Bristol
...ecial lady in your life for everything that she does? Maybe it`s your wife or your girlfriend that deserves a treat or perhaps your mum is your closest friend? How about treating her to a makeover in...
Visit Makeover Photo Studio Bristol...

Temporary Fencing - Temporary Fencing
... temporary purpose. Sometimes, people may need Temporary fencing because they may need to contain pets or items for a short time. If you know that you will only need to contain anything for a limited ...
Visit Temporary Fencing...

Customs Clearance - Customs Clearance
...goods into the country as long as you have customs clearance in the first place. If you don`t want the hassle of sorting the clearance out for yourself there are a number of companies that will provi...
Visit Customs Clearance...

Cranberry Glass - Cranberry Glass
... Christmas begins. I love this time of year and get all giddy with excitement once the Xmas decorations are put up in our house. It`s a special family time and we`ll gather around the dining table o...
Visit Cranberry Glass...

Roller Shutters - Roller Shutters
... the UK today. We can no longer leave our doors and windows exposed for fear of criminal damage. It might sound gloomy but it pays to take security measures that can help to protect our buildings fr...
Visit Roller Shutters...

Electric Cable - Electric Cable
... earth Electric Cable and steel wire armoured cables, it all depends on what you require. You can rely on the service of the electrical wholesale supplier because they hate to let their customers dow...
Visit Electric Cable...

Business Centre Glasgow - Business Centre Glasgow
...be known. Not only has the price of your monthly rent increased three times in the past year, you feel that you just aren`t getting great value for money. For starters, the building that you are bas...
Visit Business Centre Glasgow...

Low Voltage Transformers - Low Voltage Transformers
..., I used to work for a well known plant hire company. This company provided all types of site equipment for trade`s people and I used to deliver it to numerous sites in my trusty Transit van. Most of...
Visit Low Voltage Transformers...

Estate Fencing - Estate Fencing
... the types of fencing used can vary from wood to wire and steel. The fencing can be used for aesthetic purposes but it can also be used for practical purposes when livestock needs to be kept in a cer...
Visit Estate Fencing...

Builders Hornchurch - Builders Hornchurch
... to and just for once youâ??d like to have a room to yourself that you could class as a â??kids-freeâ?? zone. This might be a study area where you could work when you wanted to or maybe a hobby room ...
Visit Builders Hornchurch...

Office Cleaning Guilford - Office Cleaning Guilford
...edn`t work in unhygienic surroundings anymore because they can have office cleaners visit their work premises on a daily basis to give the interiors a once over. Desks can be given a light dusting and...
Visit Office Cleaning Guilford...

Playing Cards - Playing Cards
...away. There`s quite a large pile of chips in the centre of the table and the stakes are most definitely high. As each player takes it in turn to look at their Playing Cards they are either cursing t...
Visit Playing Cards...

Printing On Metal - Printing On Metal
...t! No. printing on metal is something that needs to be done with carefeul consideration and delicacy. Last year I was making a model car, and the decor at the end of the build was fine, but i wanted t...
Visit Printing On Metal...

Blue Glass - Blue Glass
...tol blue glass producers left that produce and then sell real blue glass articles. Although if you look carefully on the World Wide Web they can be found, you purchase from them direct too. These spec...
Visit Blue Glass...

Energy Performance Certificate - Energy Performance Certificate
... home is and I wouldn`t have a clue. Sure, it has double glazing but I should get the loft insulated really because heat must rise straight through the roof. One way that I`d know how efficient my h...
Visit Energy Performance Certificate...

Poker Accessories - Poker Accessories
...ll what would be the point in hosting a poker game for all your mates without any poker chips to play with. Thats why our website has the uks finest range of high quality Poker Accessories for your ga...
Visit Poker Accessories...

Cleaning Service Surrey - Cleaning Service Surrey
...r the company we were using went bust and left us in the lurch. Being a large office we had the cleaners in every night otherwise it was unbearable the next day, with such a busy atmosphere the staff ...
Visit Cleaning Service Surrey...

Registered Excise Dealers - Registered Excise Dealers
...stoms declaration. You can delegate this process to shipping companies if you like that are registered excise dealers. Due to the fact that the shipping agents are registered excise dealers they can...
Visit Registered Excise Dealers...

Polished Plaster - Polished Plaster
...ternative. It might sound like it`s a new product but this type of plaster has been with us for some time. Way back in 900BC this type of material was first being made and used for decorative reason...
Visit Polished Plaster...

Scratched Glass - Scratched Glass
...ass on buildings? More often than not the damage to the glass is caused by mindless vandalism. Not only can this be highly unsightly it can prove to be extremely expensive to get replaced. Up until r...
Visit Scratched Glass...

Thermo Powder - Thermo Powder
...pearance improved thanks to modern ranges of thermo powder. Today you can print letterheads that have raised ink placed upon them and this provides a highly appealing appearance. Greeting cards have...
Visit Thermo Powder...

Cocktail Glasses - Cocktail Glasses
... busy planning a cocktail party for my husband`s fortieth birthday party. I thought that everybody who attends could bring a different bottle of spirit or liqueur and I could print out cocktail recip...
Visit Cocktail Glasses...

Builders Romford - Builders Romford
...Strapped for space in your Romford residence? Walls feel like they are closing in on you some days? Like to build an extension but arenâ??t sure which builder to use? A local firm in the area has b...
Visit Builders Romford...

Venetian Polished Plaster - Venetian Polished Plaster
...about doing it up. They are both very stylish and have fantastic interior design ideas and I am really excited about what they are doing to their house. The told me that they are going to have Venet...
Visit Venetian Polished Plaster...

Etched Glass - Etched Glass
...ut the destruction that they cause. They can leave behind them a right old mess and think nothing of the consequences. Graffiti and damage to glazed areas can prove to be rather expensive to business...
Visit Etched Glass...

Self Storage London - Self Storage London
...when even the largest of family homes can feel like a sardine can. Over the years we tend to build up quite a collection of belongings and the home fills up with prized possessions. From time to time...
Visit Self Storage London...

Wrought Iron - Wrought Iron
...items of wrought iron garden furniture placed within it. You can make a real style statement by providing your outside areas with a number of great looking garden accessories. A kissing chair is the...
Visit Wrought Iron...

Embossing Powder - Embossing Powder
...ore choice than ever before thanks to an extended range of embossing powder. New products are now available such as metallic platinum and they provide a tarnish resistant quality. Once they have been...
Visit Embossing Powder...

Fencing Contractors - Fencing Contractors
...reat help to you because it is difficult for you to set up your fence on your own. Most people do not have the skills required to do so. Therefore, Fencing contractors are the best people to turn to. ...
Visit Fencing Contractors...

Giclee Printing - Giclee Printing
...cing printed copies for their works of art. Not so long ago giclee printing would have proven to be an expensive process and it could often be difficult to recuperate the money that was invested in t...
Visit Giclee Printing...

Shop Security Shutters - Shop Security Shutters
...ly busy at the moment. I think that much of his workload at the moment is down to the fact that there has been a lot of development in the city centre and, as such, there are lots of new shops openin...
Visit Shop Security Shutters...

Construction And Commercial Photography - Construction And Commercial Photography
...u images of fine apartments you are completely seduced by the way that they look. Each of the fine properties looks totally amazing as they have been captured in the best possible light. This is no ...
Visit Construction And Commercial Photography...

Display Stands - Display Stands
...ou a wide selection of Display Stands. We especially design and construct our displays so that you can make the most of the space available to you. These stands are highly customizable and their forma...
Visit Display Stands...


Click For More Detailed Information on:
young industry pro ::small design business ::little valley business on the website ::your small businesses store ::best light business pro ::best young business ::small digital business ::small space company ::light master business ::young master business

Home  |  About Us  |  Contact Us  |  Articles  |  Special Reports  |  Links  |  Site Map

Copyright © 2003-2012. All Rights Reserved.


Valid CSS!