Tribune News Service
Business Budget for Monday, April 15, 2019
Updated at 4:30 a.m. EDT (0830 UTC)
This budget is now available at TribuneNewsService.com, with direct links to stories and art. See details at the end of the budget.
^As video games make billions, the workers behind them say it's time to unionize<
^VIDEOGAMES-UNIONIZE:LA—<At an industry conference for video game developers in late March, the thousands of lanyarded attendees could try new games, swap business cards and hear from experts on rendering realistic blood spatter.
Or they could talk about unionizing.
Hundreds joined a series of standing-room-only roundtables on the topic of organized labor, taking time away from the Game Developers Conference to brainstorm ways to build worker power in an industry that is almost entirely nonunion.
1500 by Sam Dean. MOVED
^One year into a trade war with China, Illinois whiskey, soybeans and metal still caught in the crossfire<
TRADE-TARIFFS-ILLINOIS:TB — It's been just over a year since President Donald Trump imposed steep tariffs on foreign steel and aluminum, setting off a cascade of retaliatory tariffs throughout the summer that threatened to upend business at Chicago's spirits distilleries, Illinois' soybean farms, and dozens of other industries across the nation.
Negotiations continue between the U.S. and the primary target of its trade wrath, China, raising hopes that there could be a resolution soon. But other signs point to escalating trade tensions as the U.S. threatens $11 billion more in tariffs on the European Union for products like wine, pajamas and Gouda cheese, and Canada discusses refreshing its list of retaliatory tariffs against the U.S.
Have companies suffered from the tariff battle as much as some people feared?
Local business owners in three industries affected by the trade war describe how it's affected them.
1700 by Alexia Elejalde-Ruiz in Chicago. MOVED
^How the 'Airbnb of boats' is trying to rule the waves with rentals<
^BOAT-RENTALS:MI—<In an era of disruptive startups, it seems fitting that South Florida is home port for boat-sharing powerhouse Boatsetter. Last year, the six-year-old company moved out of its Aventura office and into downtown Fort Lauderdale. Today, it leases a sleek, high-ceiling space just east of the Broward Center for the Performing Arts overlooking a bend in the Tarpon River.
"It's perfect for a startup like ours," CEO Jaclyn Baumgarten said on a recent afternoon in the space's conference room.
Since its 2013 launch by Andrew Sturner, a lawyer-turned investor and a 25-year South Florida resident, Boatsetter has become one of the region's most successful startups.
1200 by Rob Wile in Miami Beach, Fla. MOVED
^DAILY MARKETS GRAPHIC <
Find here a daily Wall Street roundup graphic featuring Dow Jones Industrial Average, S&P 500 and Nasdaq data.
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^Kelly Anne Smith: Why parents should start teaching their kids about money at an early age<
^REAL-BANKRATE:MCT—<How did you learn about money when you were a kid? Maybe your parents handed you a few dollars to swing by the grocery store for milk. After getting through the checkout line and carefully counting out the change, perhaps you stuffed the rest back into your pocket and headed back home.
Today, teaching kids how to manage money is different. As technology around payments and money management has evolved, transactions are often no longer tangible. Cash is becoming less common and learning to become financially savvy is beginning to take a much different shape than in the past.
1850 by Kelly Anne Smith. MOVED
^Susan Tompor: These must-have apps can help you save money online<
^PFP-TOMPOR-COLUMN:DE—<The thrill of shopping on your phone or online, of course, is that it makes stocking up on groceries, buying a rug for the apartment or even shopping on a Friday night after a glass of wine or two all that easier.
But if you want to get the very best price, step back and take a few extra minutes before you hit checkout. It can be as simple as just doing a quick Google search of prices at various retailers to save $50 or $100 on a big-ticket item, like a bedroom dresser.
We've got plenty of websites and apps that offer extra rewards and price checks to help savvy spenders get a sweet deal, too.
1750 by Susan Tompor. MOVED
^PFP-JOURNEY:MCT—<By Janet Kidd Stewart.
Not moving this week.
^KIDS AND MONEY<
^Kids and Money: Project seeks to increase financial education<
^PFP-KIDSANDMONEY:MCT—<Laura Levine worries when she reads reports about students getting poor marks in financial education.
Perhaps kids are getting a bum rap. After all, she said, what teaching materials were used in these classroom? How many hours of instruction did students receive in personal finance? How was the information incorporated into lessons, and what were the qualifications of the teachers?
This is why Levine, president and chief executive of the nonprofit JumpStart Coalition for Personal Financial Literacy, is promoting a new nationwide grass-roots campaign for elementary, middle and high school students designed to increase financial education in public and private schools across the country.
600 by Steve Rosen. MOVED
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