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Interest checking for small businesses?
The New York Times    Share   Share on FacebookTwitterShare on LinkedinE-mail article
A little-known amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act could reshape the way small businesses bank. The amendment, added in the House of Representatives with no debate, repeals a law that prohibited financial institutions from paying interest on business checking accounts, which are known as demand deposit accounts. The prohibition had been part of the Glass-Steagall Act and was in force for nearly 70 years. More

Government Affairs

NAMA Government Affairs
NAMA    Share    Share on FacebookTwitterShare on LinkedinE-mail article
NAMA's Government Affairs team focuses on federal and state legislative news that impacts your company's growth and profitability. Required reading for all members! Click Here for the most recent Legislative Alert. For additional information contact Ned Monroe at More

NAMA Member Update!

"Holding the Line" on dues for 2011!

There will be no increase in NAMA Membership dues for 2011! This is the second consecutive year that operator members have benefited from no increase in their base membership dues. Just as you continue to do all you can at your own company, NAMA is also committed to reducing expenses and finding new ways to increase efficiency in order to “Hold the Line” on membership dues.

Remember, if you have any questions regarding your membership, just call toll free 1-888-337-8363!

Coffee & Water

The upsides of competition
QSR Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Rival franchises and price increases won't deter a loyal customer, says Kevin West, director of coffee operations for Tim Hortons. But it's up to the company to brand that loyalty. Kevin West will tell you he's been working in the coffee industry since he was 10 years old, when he would spend free time at a coffee roasting plant with his father, watching, learning, and tasting. Now, as director of coffee operations for Tim Hortons, West tastes more than 300 cups a day to ensure the concept serves consistently high-quality brews. Here, he discusses the increasingly competitive nature of the coffee game — and how spikes in coffee bean prices will affect all its players. More

Coffee brewers turn to fair-trade practices
North Carolina State University Technician    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Coffee is the second most traded commodity in the world, next to crude oil. This doesn't necessarily require an appreciation for the beverage itself, but the immensity of this market force alone should create an impression as to whether or not you drink coffee. In America, the college student demographic routinely contributes to the excess of coffee usage. On North Carolina State's campus alone, there are more than a handful of coffee shops and cafes aimed to meet the demand for a caffeine fix. Naturally, coffee is an integral staple of the average college student's diet, but the overwhelming barrage of ads, slogans and discounts can be as overpowering as a jittery espresso. Students, however, should not just be asking when and where they will get their next brew, but rather from where their coffee is coming and what the impact is of their decision-making. More

Business / Industry

Most markets down as dollar rises; coffee up on tight supply, fund buys    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Oil, gold and grains slumped on Thursday, pressured by the dollar's rebound in a volatile week during which most commodities took their direction from the currency. Coffee bucked the trend, hitting 13-year highs in New York and two-year peaks in London, on speculative fund buying and worries about tight supplies. The 19-commodity Reuters-Jefferies Jefferies CRB index fell 1.2 percent, losing about half the previous session's gains, as the dollar climbed. The CRB, a global benchmark for commodities, saw dramatic swings recently along with the dollar on uncertainty about how much the Federal Reserve will ease U.S. monetary policy. A stronger dollar often dents commodity markets, making raw materials more expensive for buyers holding other currencies. More

Japanese vending machine grows vegetables, without sun
Re-nest    Share    Share on
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You've probably seen or heard about some of Japan's really odd vending machines, but a new one comes as a nice surprise. Japanese portable garden vending machines can grow quite a bit of vegetables, making them an interesting solution to urban environments where growing vegetation can be a problem. One of the reasons why this is a good use of technology is because these machines can actually grow produce without any sunlight. This is mainly due to 12 40W fluorescent lights housed in a machine. The Chef's Farm, as it's called, was created by Dentsu and can produce 60 heads of lettuce — an extraordinary 20,000 heads per year. All in all, Dentsu estimates that users will be able to recoup their initial investment in about five years. More

Corporate Social Responsibility

What's greener: Lunch from a food truck or a restaurant?
LAist    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Brick-and-mortar restaurants assert that food trucks are killing their business. Food truck operators will say it's a free market and healthy competition is healthy. However, if you are looking to make the "greener" of the two choices, are you eating lunch at a sit-down restaurant, or from a four-wheeled truck? Slate's "Ask the Lantern" column tackles this conundrum, and offers their analysis on this "hot" issue. More


NAMA Member QCCP Graduates

Attention QCCP Graduates - Take the next step! Earn your Certified Coffee Specialist, CCS designation on your schedule! Let your customers know you are passionate about coffee! Click here for details.

Keeping In Touch With NAMA
Colby Horton, Vice President of Publishing, 469.420.2601   Download media kit
Keila Mack, Content Editor, 469.420.2637   Contribute news
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