Voting for good news with a MultiCultClassics Monologue…
• Detroit citizens will cast ballots today for the next mayor, pitting current Mayor Ken Cockrel Jr. against ex-NBA star Dave Bing. Voter turnout is expected to be low. Maybe folks should be allowed to cast votes via text message.
• Kraft Foods reported 1Q profits rose 10 percent, despite a drop in sales. If sales had completely evaporated, would Kraft profits have gone through the roof?
• Motorola announced plans to cut spending by an additional $200 million, and imagines its new smart phones will be a success. Wanna bet $200 million on that prediction?
• Mickey D’s is launching a huge campaign for its premium coffee, taking aim at the struggling Starbucks brand. Fine, just don’t start calling the crew McBaristas.
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