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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Aug 14, 2014
Page
9
SeaWorld Entertainment shares tumbled about 30 percent to 19.45 as earnings missed Wall Street expectations. The Orlando company blamed negative publicity over animal rights allegations for lower park attendance, while noting flat April to June visitors at 6.6 million and a 43 cent per share profit.
Amazon introduces Local Register a card reader and app to let small businesses accept credit and debit payments on smartphones and tablets. The device costs 10 with rates 1.75 percent for sign ups by Oct 31 and 2.5 percent after. first 10 dollars in fees credited. Competes with Square PayPal Here and GoPayment.
U S Commerce Department data show seasonally adjusted retail sales unchanged from June totaling 439.6 billion in June and 161 million higher in July. Auto dealers and department stores fell while groceries, gas, restaurants, clothing and building materials rose, signaling restrained spending despite job gains. Confidence mixed as consumer sentiment slipped in Michigan while confidence rose in the Conference Board reading. Auto sales advanced 9 percent year over year to 1.4 million, the strongest July since 2006.
The EPA faces a fall ruling on Dow AgroSciences Enlist, a 2,4-D version battling resistant weeds and used with glyphosate. A USDA gearshift toward GMO seeds could raise 2,4-D usage 200 to 600 percent by 2020, pending safety reviews and market approval.
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