business news in context, analysis with attitude

...with brief, occasional, italicized and sometimes gratuitous commentary…

• National Public Radio's The Salt reports that new research suggests that coffee consumption "helps cut the risk of developing Type 2 diabetes. In the most recent meta-analysis, researchers found that drinking two or more cups of coffee per day was associated with a 12 percent decreased risk of developing the disease. And even decaffeinated coffee seemed to cut the risk, though not as much as the caffeinated kind.

The story notes that coffee consumption does not counteract the impact of obesity, which is seen as the biggest contributor to diabetes cases. And, The Salt also notes that these new conclusions are in addition to recent studies that "have found that people who drink coffee regularly are at lower risk of depression, and perhaps Alzheimer's too."

"Feeling good, Louis…"


USA Today reports that "a shortage of fresh, large, whole turkeys – 16 lbs. and greater – could impact the holiday season, says the nation's largest turkey producer. Butterball, which produces more turkeys than anyone, says it will be shipping out about half as many large, fresh never-frozen turkeys to retailers this year. But executives make clear that plenty of Butterball's large, frozen turkeys will be available."


• This is what you call a successful product rollout.

Bloomberg reports that "Sony Corp. sold more than 1 million PlayStation 4 consoles in North America during the first 24 hours of sales, though the company said some buyers reported glitches including the device suddenly turning itself off … The sales, which top initial results for the predecessor PlayStation 3 in 2006, come as Chief Executive Officer Kazuo Hirai tries to make the video-game console the centerpiece of a corporate turnaround strategy."

I know nothing about gaming, but one thing that strikes me about this story is that seven years between PlayStation 3 and PlayStation 4 seems like a long time when technology quantum leaps seem to take place all the time.
KC's View: