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Tuesday, April 15, 2014

Baby Fever

Ovaries and bro-varies will explode at the sight of these adorable children.

Brovaries gone.

26 Things That Will Make Your Brovaries Explode

There's nothing like seeing a bunch of cute kids to remind you — guys can get baby fever, too.

You might have missed...

From BuzzFeed Video...

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Behind The Bromance

"NCIS" stars Michael Weatherly and Sean Murray have pretty unique chemistry.

bros, on- and off-screen

What You Didn’t Know About The McNozzo Bromance On "NCIS"

We talked to "NCIS" actors Michael Weatherly and Sean Murray about their on-screen bromance. Turns out, they have an off-screen bromance as well.

— by Ariane Lange

Elsewhere in Entertainment

Oprah managed to make Pharrell cry on camera.

Which Bruce Lee character are you? There's just one way to find out.

Vanessa Hudgens has been going to Coachella for years. And she's truly become the queen of that festival.

Here's what MTV said about the internet in 1994. (They weren't impressed.)

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Many happy returns

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Happy tax day! Or, selfishly at least, it should be, given how little Americans pay in taxes.

Wonkblog's Christopher Ingram looks at the rate people actually pay after credits and deductions. Even taking into account 2013's tax hikes, effective US rates are near historical lows for pretty much everyone. The one slight exception is the top 1%. Their effective rate has returned to the mid-1990's and early-1980's level of about 35%, but is still below historic levels.

US taxes are also low relative to other developed countries. Matt Yglesias points out that the US has the third-lowest tax burden of OECD countries, measured by tax as a percent of GDP. Corporations, being people too, aren't left out. In fact, they have things even better: an effective 2010 tax rate of 12.6%, Andrew Sorkin writes, thanks to myriad loopholes. Many pay no taxes at all.

Low taxes aren't without their downsides. US taxes are, you are no doubt aware, annoyingly complicated, and they're kept that way by the multi-million dollar lobbying efforts of a company that makes billions from your confusion. The IRS, Ezra Klein explains, already knows enough about you to do your taxes for you. But lobbying works, especially for businesses, so your taxes remain far more arduous than necessary. – Ben Walsh

On to today's links:

Long Reads
San Francisco's housing crisis, explained - Techcrunch

Wonks
"When I am watching a movie I often think 'why isn't the Coase theorem holding here?'" - Tyler Cowen
A great discussion of Capital in the 21st Century with Piketty, Bob Solow, Betsey Stevenson, and more - EPI
Martin Wolf on Piketty: He doesn't explain why inequality matters - FT
HFT and the social value of price discovery - Joe Stiglitz

Quotable
"Flash Boys is the story of small furry creatures. Some of them are Canadian; one is vegetarian" - Moe Tkacik

EU Mess
Britain hits six straight months of disinflation - the Guardian

Deals
A tick-tock of Facebook's acquisition of Oculus - Fortune 
Google buys drone company to bring internet/surveillance to the world - Guardian

Interesting
For people spurred by emotion, demonstrating that a charity is effective leads to fewer donations - SSRN

Alpha
UK hedge fund manager pays $72,000 fine for 5-year train fare arbitrage - CNBC

Classic Bess
This Cinco de Mayo, Take A Bath With Warren Buffett - Dealbreaker

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Business Today: Wall Street gets lift from Coca-Cola; Nasdaq lags

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04/15/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Wall Street gets lift from Coca-Cola; Nasdaq lags
NEW YORK (Reuters) - Stocks ended higher after a volatile session on Tuesday, lifted by gains in Coca-Cola and Johnson & Johnson, though weakness in Apple, Tesla and Netflix limited the Nasdaq's advance.
Yahoo reports modest revenue growth in first quarter
SAN FRANCISCO (Reuters) - Yahoo Inc reported modest revenue growth in the first three months of the year, as the Internet company stemmed a long-running decline in its display ad business.
Intel's first-quarter net profit falls but beats Street
SAN FRANCISCO (Reuters) - Intel Corp's first-quarter net profit fell, but beat Wall Street's estimates as the chipmaker wrestles with shrinking demand for personal computers.
Rising food, housing costs push up U.S. inflation
WASHINGTON (Reuters) - U.S. consumer prices firmed a bit in March, as food and housing rental costs rose in a possible sign that a disinflationary trend had run its course.
Coca-Cola sales beat estimates as China volumes soar
(Reuters) - Coca-Cola Co reported better-than-expected quarterly revenue as it ramped up spending on marketing and advertising, boosting sales in emerging markets such as China.
GM to launch new product development group focused on safety
NEW YORK (Reuters) - General Motors will create a new "global product integrity" organization that will focus on product safety and quality, said GM Chief Executive Mary Barra in a speech on Tuesday.
Exclusive: Turmoil at Symantec luring activists, buyers - sources
NEW YORK (Reuters) - The abrupt firing of Symantec Corp Chief Executive Steve Bennett last month is attracting activist investors and private equity firms to the U.S. security software maker, in a development that could potentially lead to its breakup or sale, sources familiar with the situation said.
New York court advances lawsuit against Martha Stewart Living on pet products
NEW YORK (Reuters) - A lawsuit claiming Martha Stewart Living Omnimedia Inc tried to undercut a business partner's relationship with pet products retailer PetSmart Inc can proceed, a New York state judge ruled on Monday.
Scarce land could blunt recovery for U.S. homebuilders
(Reuters) - A resurgent U.S. housing market has created an unforeseen land shortage that could take the shine off an otherwise promising year for homebuilders.
One current, two former Bridgestone executives indicted for price-fixing
WASHINGTON (Reuters) - One Bridgestone Corp executive and two former officials from the company were indicted Tuesday for conspiring to fix the prices of certain automotive parts, the Justice Department said on Tuesday.
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