Brad's Business Highlights

Brad's Business Highlights

Monday: 7/14/2014

 
Amazon is getting ready to expand its cloud services. The Puget Sound Business Journal reports the company is about to unveil its new Zocalo service. It will put Amazon in direct competition with Microsoft’s SharePoint online, Dropbox. Zocalo will cost $5 per month for the service, which will include 200 gigabytes of storage, allowing users to upload documents to be shared and edited with colleagues. It’s currently available only as a limited preview.
 
Tuesday: 7/15/2014
 
We now know what Apples iWatch could cost. Analysts at Morgan Stanley expect the device to cost 300 dollars. The company also expects 30 to 60 million in sales within its first year on the market. Apple hasn’t officially said it is working on a smart watch. An announcement on that is expected this fall.
 
Wednesday: 7/16/2014
 
Starbucks opened its first store in a country known for its coffee. The coffee giant is making its debut in Columbia. The three floor coffee house in Bogota is the first of 50 that Starbucks plans to open there in the next five years. Starbucks has been using Columbia’s Arabica beans for years.
 
Columbia Bank's Business Insight: How to plan for your business succession. Statistics prove that Americans are living longer than ever, and those looking to retire in their 60s could now live another 30 years. That means business owners should plan to support a retired lifestyle for two decades or more, which can create interesting challenges for their succession planning.  Our advice: the earlier you work with your certified financial planner, the better. Don't wait until you're selling your business and have excess money. Your advisor can help you manage, plan and find valuable opportunities in the sale or transition of your business that can help you in ways you might not expect, like working with a trust professional, connecting you with resources and moving your assets to a charitable entity. Consider your financial partners throughout the entire process-before, during and after succession. Columbia Bank Trust and Investment Services operates through Columbia Bank, a wholly owned subsidiary of Columbia Banking System. Investments are: • Not a deposit • Not FDIC insured • Not insured by any federal government agency • Not guaranteed by the bank • May go down in value • Consult your attorney as to your applicable situation.
 
Thursday: 7/17/2014
 
Amazon is reportedly considering an all-you-can-read subscription service. An online report claims that the new “Kindle Unlimited” will cost ten dollars a month. Currently Ebook rentals as part of the Amazon prime service allow readers one book per month and only on Amazon devices. Kindle Unlimited would be available on all devices including iPads and Android tablets, with no reading limits.
 
Friday: 7/18/2014
 
NFL fans who want to watch games but don’t want to pay for Direct TV are about to get a big break. Direct TV will now let subscribers screen live, out of market games without requiring a dish. It will cost 200 dollars if you want to watch games on your laptop or phone and 330 dollars if you want to play the games on your TV through compatible devices and gaming consoles, like the Xbox One.