Financial News Thu May 31st 2012 – GDP, SpaceX, BMW Z4 Zagato, No Tobacco Day!


Financial News Thu May 31st 2012 – GDP, SpaceX, BMW Z4 Zagato, No Tobacco Day!

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    Wall Street seems less optimistic this morning, after seeing data pointing to a stalling US economy, while at the same time investors are trying to cope with the effect of the euro zone crisis. Investors are turning away from risky assets and are relying more and more on safer options, such as the US Treasury bonds. The US GDP was revised down to 1.9% from a 2.2% estimate last month, as Commerce Department data exposed a slower economic growth, than anticipated.
    SpacesX Dragon is coming home! For those of you who don’t know SpaceX Dragon is the world’s very first commercial supply ship, carrying on board almost 1,400 pounds of old equipment from the space station, as well as science samples. Founded by billionaire Elon Musk, who came to his riches through PayPal, SpaceX is the first private company sending a cargo ship, to the International Space Station. In the to fours years his cargo dragons are expected to turn into passenger transport for astronaunts, and probably Jim Cameron, unless he builds his own vessel by then.
    A new hot car is coming to the market, the BMW Z4 Zagato. Designed by the legendary design house Zagato, which just finished re-inventing the Aston Martin V12, the new and improved BMW Z4 is still in the concept phase, but BMW confirms that it is ready and legal to go on the road. It will enter into production as soon as there is enough demand.
    So apparently today is World No Tobacco Day, celebrated by Google+ users, by abstaining from smoking for 24 hours. For those of you who don’t know. Google+ is a social networked probably geared toward competing with Facebook – a nearly impossible task of course, but we like the World No Tobacco Day – in fact World No Tobacco Day should be every day, unless it’s Cuban cigars of course. No but seriously we all know smoking turns your lungs into much and makes your breath smell and your teeth yellow and other similarly gross things. Can’t you find something else to stick in your mouth!?

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