Below please find daily updates pertaining to the latest in financial, business, and tax news:

T. Rowe Price CEO Kennedy up on the economy, but not the Obama administration

April 24, 2014

The economy is definitely perking up. T. Rowe Price Group Inc. CEO James A.C. Kennedy attributes it to lower corporate debt, rising consumer spending and corporate confidence. But a stronger recovery relies on whether companies will step up capital expenditures, he said in a phone interview Thursday. ?Do they have enough confidence in the economy and [Obama] administration?? he asked. Of co...

Is this the future of pizza in Sacramento?

April 24, 2014

Say goodbye to battles over pizza toppings and maybe even leftovers. The Sacramento region is looking at a surge in build-your-own-pizza restaurants, which extend Chipotle's ordering format to the pizza world. Guests generally wait in line, choose their crust and ingredients at a front counter and receive their pizza in minutes after it's cooked in an extremely hot oven. Trademark Pizza, whic...

Suddenlink app; Internet discrimination; lots more Apple stores coming: TechFlash 7 things

April 24, 2014

St. Louis-based Suddenlink just launched a  mobile tv app. Apple plans to  triple its number of retail stores over the next two years. No word on new St. Louis stores yet. It also reported  first-quarter results Wednesday and among the highlights were record revenue of $45.6 billion, iPad sales were off, iPhone sales were up, the company?s stock buyback was increased by $30 billion, its divide...

Harsh winter sinks UPS Q1 profit

April 24, 2014

United Parcel Service Inc. (NYSE: UPS) The Atlanta-based package shipper and logistics giant?s profit sunk 12 percent in the first quarter due to unusually harsh winter weather, which cut operating profit by $200 million because of increased expenses and slower revenue growth. U.S. Domestic Package Revenue: $8.5 billion, up 2.6% International Package Revenue: $3.1 billion, up 5% Supply Chain ...

Developer wants to bring $30M apartment project to Blue Ash

April 24, 2014

Developer Tony Birkla is already working on bringing luxury apartments to downtown Cincinnati and Deerfield Township. Now Birkla, partner with Indianapolis-based Anderson Birkla Investment Partners LLC, wants to build an apartment project in Blue Ash that will be ?one of a kind.? ILoft at Legacy Pointe is a proposed 185-unit, $30 million apartment development on about seven acres along Reed Ha...

Day of Giving benefitting Pittsburgh-area nonprofits slated for May 6

April 24, 2014

The Pittsburgh Foundation will host its sixth annual Day of Giving May 6 to coincide with Give Local America, a national event to encourage and inspire local giving with more than 100 communities participating across the United States. Announcements have been sent to the 700-plus nonprofit organizations registered to participate on the foundation?s PittsburghGives and WestmorelandGives online ...

2Checkout raises $60M from VC firms for expansion in Columbus, Ireland

April 24, 2014

2Checkout.com Inc. said Thursday it has closed the final phase of a $60 million investment led by venture capital firms Chicago Growth Partners and Trident Capital, who predicted the payment processor will grow to dominate international e-commerce. ?Online payments are a critical component of e-commerce and the providers in the space are consolidating into a few global platforms,? said a state...

See how I-Drive 360?s tenant lineup is forming

April 24, 2014

There?s been a lot of excitement lately about the new additions going vertical on International Drive ? including The Orlando Eye, which is 200-feet-high right now, halfway to its full height. Merlin Entertainments Group Plc. and Unicorp National Developments Inc. earlier this month shared progress on the  $200 million I-Drive 360 development, which includes Merlin?s Orlando Eye observation wh...

Buffalo is 50th in new U.S. income rankings, but local growth is below average

April 24, 2014

The Buffalo area is 50th in the latest rankings of metropolitan economic power, but it shows signs of slipping. The U.S. Bureau of Economic Analysis today released total real personal income (TRPI) data for the nation's metropolitan areas. The two-county Buffalo metro had $49.1 billion of total income in 2012, the latest year for which official figures are available. TRPI is the sum of all mo...

Branch closings tap First Niagara profits

April 24, 2014

Net income at First Niagara Financial Group Inc. declined during the first quarter of 2014, partly due to expenses tied to the company?s recent retail branch consolidation. On Thursday, the parent of First Niagara Bank N.A. reported $51.9 million, or 15 cents per share, in net income available to common shareholders for the period ending March 31. That?s down 13.1 percent from the same time fr...

Rumors of FuelBand's Death have been Greatly Exaggerated

April 24, 2014

Despite a flurry of articles on Nike's decision to axe FuelBand, news that is reminiscent of Barnes & Noble's NOOK issues, evidence suggests that the media has given more credence to the rumors than what is justified....

Can Netflix Walk This Slippery Slope?

April 24, 2014

Netflix currently has nearly 7.3 billion in off-balance sheet liabilities for coming content. Think any large company wants to inherit these added complications with a buyout? Odds are Netflix will have to do a large secondary offering, diluting current shareholders....

Here's Why Microsoft Corporation Might Beat Analyst Estimates Today

April 24, 2014

Microsoft is set to report earnings on April 24. The end of support for Windows XP, combined with growth in the company's enterprise business, could lead Microsoft to beat analyst estimates for the third quarter in a row....

PayPal?s Vision for Payments Is Just Plain Cool

April 24, 2014

Why the next level of processing payments will wow you....

Thursday's Top News Headlines

April 24, 2014

Here are today's top news stories from Fool.com....

Net Income at Under Armour Inc Rises by Almost 75% on Strong Sales Growth

April 24, 2014

Under Armour raises full-year expectations to operating income ranging between $331 million and $334 million....

2 Retail Brands Ahead of the Curve

April 24, 2014

Omnichannel sales are the new online sales; Gap and Macy's are head and shoulders above the competition....

Earnings Roundup: Biogen's Tecfidera Wins More Share

April 24, 2014

Biogen's (BIIB) dominance in multiple sclerosis drove sales 50% higher in the first quarter, as Tecfidera successfully expanded market share....

Is This Struggling Drugmaker Worth $100 Billion?

April 24, 2014

After AstraZeneca reportedly rebuffed Pfizer's huge acquisition offer, we look into what makes the former's pipeline attractive to Pfizer and investors....

The Bear Case Against Johnson & Johnson: Does It Hold Water?

April 24, 2014

The company doesn't hold much promise for growth. Does that mean it should be avoided?...

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