Business Briefs: Tennessee taxes short of budget

Business Briefs: Tennessee taxes short of budget

April 16th, 2014 by Staff Reports and Wire Service in Business Around the Region

Tennessee taxes short of budget

Tennessee revenue collections reflected mixed results in March. The $955.8 million collected was $4 million below budget for the month, leaving the state $263.0 million below its budget so far this fiscal year.

Finance and Administration Commissioner Larry Martin said March tax collections "continued to reflect weaker than anticipated revenues from the corporate sector, while sales tax collections were stronger,.

"We believe the recent increase in retail spending is a reflection of renewed consumer confidence and indicates that the economy is slowly recovering," Martin said.

Sale extended for Google Glasses

Google Inc. said Tuesday it could extend the one-day sale of its $1,500 Google Glass device, depending on how many requests it receives.

Google originally said its wearable computers would be available only for a limited time Tuesday. But in an email Tuesday the Mountain View, Calif., search giant said, "The sale may go longer than a day; we just have to see how well everything works and how well we handle the demand."

Google Glass allow its users to have voice and touch activation to access many of the same tools and toys enjoyed by smartphone, laptop and tablet users -- except in a lighter, wearable package. Until Tuesday, an estimated 10,000 units have only been in the hands of people hand-selected by Google, dubbed Explorers.