The bottom line
Shoppers shrug at same-day delivery; Demand for ethanol drops; Newspaper newsrooms continue to struggle; China's burgeoning weapons exports; Men, money, and mobile apps
Shoppers shrug at same-day delivery
As online merchants roll out same-day delivery services, shoppers are unimpressed. Just 9 percent of Americans said getting a delivery the day they ordered it was a top factor that would improve their online shopping experience. They’d much rather pay less, with 74 percent preferring free delivery.
Time.com
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Demand for ethanol drops
Demand for ethanol has dropped from 9.7 million barrels a day in 2007 to 8.7 million last year, largely because cars have become more fuel-efficient. One out of every 10 ethanol production facilities in the country has stopped producing in the last year.
The New York Times
Newspaper newsrooms continue to struggle
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Since 2003, print newspaper ad revenue has fallen from $45 billion to $19 billion. In 2012, newspapers lost $16 in print ads for every $1 gained in digital ads. As a result, for the first time since 1978, there are now fewer than 40,000 full-time employees working in newspaper newsrooms.
TheAtlantic.com
China's burgeoning weapons exports
China has edged out the U.K. as the world’s fifth largest arms exporter, after the U.S., Russia, Germany, and France. While global exports rose 17 percent since 2008, China’s foreign weapons sales swelled 162 percent.
Bloomberg.com
Men, money, and mobile apps
Men make up 94 percent of mobile app developers, but they’re not all making out like bandits. More than a third of them make less than $15,000 a year from building apps, and just 12 percent of app developers make six figures.
The Wall Street Journal
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