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Jeep leads list of 25 most 'patriotic' brands

The Jeep Wrangler is a direct descendant of the famously rugged vehicle of World War II(Photo: AJ Mueller / Jeep)It's the brand known for winning World War II, for providing reliable transportation for American G.I.'s under the toughest conditions for generations. And lately, it has come to symbolize American ruggedness and a sense of adventure.So perhaps it's appropriate that Chrysler Group's Jeep brand is named in a survey as the most patriotic brand from 197 famous brand names in 35 categories.Heck, Jeep even beat out Coca-Cola, Levis, Harley-Davidson and Disney in the top 25.The survey of 4,500 consumers was conducted by a New York-based branding researching firm, Brand Keys, with the results released just in time for the Fourth of July holiday,the most patriotic day off of them all. Jeep was only one of two auto brands in the Top 25. The other was Ford in 16th place. Interestingly, no General Motors brands are on the list including Chevrolet, which used to heavily hit patriotic American themes in its ads.Jeep topped all others with a score of 98 out of 100 on a scale representing consumers' emotional engagement expectations, according to Brand Keys."As marketers traditionally operate on the Independence Day theory that a patriotic, flag-waving call-to-emotion will motivate consumers to behave more positively toward their brands, we wanted to see which brands actually led when it came to that particular value," says Robert Passikoff, president of Brand Keys, in a statement.He says having consumers view a brand as patriotic goes way beyond trying to create flag-waving ads. It's ingrained -- "more a question of whether that value is seen to part of the brand's equity, whether it's truly acknowledged on a deeply emotional and engaging basis." Here's the Top 25 list:1. Jeep (98%)2. Hershey's (tie, 97%)3. Coca-Cola (tie, 97%)4. Levi…
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Apps mix history with technology at Gettysburg

As the 150th anniversary of the Battle of Gettysburg draws near as hundreds of thousands of tourists visit the battlefield. Visitors will now be able to use cell phone apps to get historical information at various sites around the park.(Photo: Matt Rourke AP)Story HighlightsApps were developed in 4-year project by Civil War Trust, a nonprofit battlefield preservation groupApps tell stories behind historic sites where smartphone users are standing using video and picturesUsually there are not enough tour guides, phone app hopes to improve tourist experiencePHILADELPHIA (AP) — At the 150th anniversary celebration of the Battle of Gettysburg, many Civil War re-enactors will eschew the use of modern technology, but scores of tourists will embrace it.More than 5,700 Foursquare users have checked in at sites in the historic borough; more than 16,000 Facebook users have liked it. And in the weeks leading up to the anniversary, apps that offer maps and information about key battle spots have surged in popularity.Garry Adelman has been a licensed Gettysburg battlefield guide for 19 years and has recently moved his high-energy tour into the realm of the smartphone. The project was initiated four years ago by the Civil War Trust, a nonprofit battlefield preservation group where Adelman is the director of history and education.The group has since released 11 free Battle Apps for the iPhone and Android. Guides like Adelman appear in videos in the apps, telling the stories behind the historic sites where smartphone users are standing. Old photos show how a landscape looked during the war. And when a tourist points a smartphone camera toward some history, virtual signs appear to show what's what."In-person historical interpretation, where you can answer people's questions, will always be superior to a touring product on your phone," Adelman said. The problem, he said, is there often aren't…
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Morningstar's Mansueto is quiet, driving force

In USA TODAY's Innovators and Icons series, Morningstar CEO Joe Mansueto talks about why his desk is identical to all of his staff and why he still likes to pinch pennies. Morningstar founder Joe Mansueto, pictured in June 2011, says entrepreneurs today face more competition - and it's global.(Photo: Tim Boyle, Bloomberg)Story HighlightsMansueto founded Morningstar in 1984Holds MBA from Chicago School of BusinessBorn 1956 in Munster, Ind.Joe Mansueto is not the kind of billionaire you'll find shouting on CNBC's Squawk Box — or shouting at all, for that matter. The quiet, thoughtful CEO has steered Morningstar from a kitchen-table publishing company to household name for investors, offering easy-to-understand analytics on mutual funds, stocks and bonds as well as no-nonsense financial planning advice. USA TODAY's John Waggoner spoke with Mansueto about building an Internet presence, investing and the mutual fund industry. Q. You started Morningstar on your kitchen table. How have things changed for entrepreneurs today? Is it easier or harder to start a company now?A. I think it's easier. You need less capital. You can do everything in the cloud. Books can be done at low to no cost. But because it's easier, there's more competition. Entrepreneurship is cool and popular now. When I went to business school, there were one or two classes on entrepreneurship that were not well-attended. Now there's a whole program on entrepreneurship. I should also add that with more competition, it's also global. You're competing with people from India and China. It's an exciting time.INNOVATORS & ICONS: Interviews with some of the USA's greatest visionaries[1]Q. Morningstar is famous for the benefits it gives employees, including paid sabbatical. Clearly, this costs the company money. What does it gain the company? A. At the broadest level, it's a highly competitive market for top talent. I want a…
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10-year bond yield soars to 2.64%

Bond investors, take a deep breath. The bond selloff is overdone -- for the moment.(Photo: Spencer Platt, Getty Images)Story HighlightsSome market pros say bond market bubble is about to burstSoaring government bond yields will be costly for bond investors, home buyersThe sharp rise in government bond yields also puts stock prices at riskThe sell-off in government bonds picked up steam early Monday, as the 10-year Treasury note spiked to 2.64%, it's highest level since August 2011 and up more than a percentage point since early May.Investors have been bailing on bonds with greater urgency since Wednesday, when Federal Reserve chairman Ben Bernanke said the central bank would start phasing out its bond-buying program later this year if the economy continues its upward trajectory. Rising yields are problematic for the housing market, which has been a key driver of the economic recovery, because it increases mortgage rates. If the sharp rise in yields continues, it could slow economic growth and crimp the profit-making power of Corporate America. The sharp rise in bond yields will be costly for bond investors, adds Paul Schatz, president of Heritage Capital."For the past month, the bond market has seen some of its worst carnage since 1994 for those who remember that frustrating and challenging year," he says. "Yields are up more than 50% on the 10-year note and when bond mutual fund investors get their June statements, I think they will be shocked at how much money they lost in such a short period of time."Rising yields also could hurt stock prices as it could cause investors to turn more cautious and reduce their willingness to take the risk of buying stocks that many analysts view as oversold. Since the May 22 intraday high of the Dow Jones industrial average, it has plunged 5.5%.The Fed has…
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Senators seek extra scrutiny of Smithfield deal

Slices of a Smithfield boneless ham are displayed in Montpelier, Vt., on June 14, 2011.(Photo: Toby Talbot, AP)Story HighlightsFederal panel is investigating security impact of sale of Smithfield FoodsSenators seek to add USDA and FDA to review panelSale of world's largest pork company to Chinese firm has raised concernsWASHINGTON — A bipartisan group of senators on Thursday urged a national security panel overseen by the U.S. Treasury Department to strengthen its review of the $4.7 billion sale of Smithfield Foods to a Chinese company by including two additional agencies to study the deal.The 15 lawmakers, including Agriculture Committee Chairwoman Debbie Stabenow, D-Mich., and the panel's top Republican, Thad Cochran of Mississippi, said in a letter to Treasury Secretary Jacob Lew that the Committee on Foreign Investment in the United States (CFIUS), which he heads, should include the U.S. Agriculture Department and the Food and Drug Administration in its review of the Smithfield takeover by China's Shuanghui International Holdings.The investment committee was given the authority in 1988 to review the impact that foreign purchases of American companies have on national security. CFIUS includes members from the Departments of Justice, Homeland Security and Energy, along with five other agencies. The Smithfield deal already is being reviewed by CFIUS."We believe that our food supply is critical infrastructure that should be included in any reasonable person's definition of national security," the lawmakers wrote. "Further, any CFIUS review of this transaction should look beyond any direct impact on government agencies and operations to the broader issues of food security, food safety and biosecurity."In the letter, the senators asked the committee about how other transactions would be reviewed and whether the appropriate regulators are evaluating the potential risks and proposing the proper mitigation efforts to protect the American consumer.Larry Pope, the chief executive of Smithfield, told…
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Tokyo-bound Boeing 787 Dreamliner diverted to Seattle

A United Airlines Boeing 787 Dreamliner pulls up to a gate at O'Hare International in Chicago on May 20.(Photo: Scott Olson, Getty Images)Story HighlightsUnited flight originated in DenverCrew got indication of oil filter problemDiscovery of battery problems had prompted prior grounding of 787sSEATTLE (AP) — A Boeing 787 flying from Denver to Tokyo diverted to Seattle because of an oil filter issue, a United Airlines spokeswoman said.An airline maintenance team was inspecting the jet after Flight 139 landed normally Tuesday afternoon at Seattle-Tacoma International Airport, United spokeswoman Mary Ryan said in an email statement.United just put its 787s back in the air May 20 after smoldering batteries on two 787s owned by other airlines prompted authorities to ground the planes in January.The Tokyo-bound jet's problem was "completely unrelated to any battery issues," Boeing spokesman Kate Bergman told The Seattle Times on Tuesday evening."We are aware of the situation, and we're working with United to help however they need us," Bergman added.In her statement, the United spokeswoman said the crew decided to land in Seattle because of "an indication of a problem with an oil filter."Asked whether the latest 787 issue raised any concerns with United after the recent battery issue, Ryan said she did not immediately have any additional information.The airline provided the flight's approximately 200 customers with hotel rooms and planned to fly them to Tokyo on Wednesday, Ryan said.When it returned the 787s to service last month, Chicago-based United said it planned to use the jets on shorter domestic flights before resuming international flying June 10 with Denver-to-Tokyo service as well as temporary Houston-to-London flights. It's adding flights to Tokyo, Shanghai, and Lagos, Nigeria, in August.Those long international flights are the main reason the 787 exists. Its medium size and fuel efficiency are a good fit for long…
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