NEW YORK (CNN) -- CNN Money's Stacey Delikat has your top business and financial news on this Friday, February 21.
Conway studies proposal-shopping center
Another large-scale shopping center could be on the way to Conway, as the city studies a North Carolina real estate firm's plans for a 400,000 SF development in the southeast corner of Amity Road and Dave Ward Drive. Wes Craiglow, Conway's deputy director of planning and development, said city officials have been in talks with representatives of Collett of Charlotte, N.C., for about a year and are inching closer to a finished site plan, which Craiglow estimated to be 80 percent complete. The proposed shopping center, located just east of Interstate 40, is listed on the commercial real estate company's website under its "properties" tab. City officials said the property is owned by the Lewis Family and Rush-Hal Properties.
Why gold might drop another 50%
The golden bloodbath of 2013 has given way to a modest recovery for the precious metal, as the price of gold has risen nearly 10% since the beginning of the new year. But is this turnaround the beginning of another years-long run-up in the price of gold or just a temporary blip? In a new research paper, analyst Claude Ebb looks at the price of gold as it relates to gold mining stocks to find an answer. He points out that, historically, the price of gold and gold miners' stocks have been closely linked.
Why WhatsApp is worth $19 billion
WhatsApp's jaw-dropping $19 billion price tag took the world by surprise. But Facebook might have actually gotten WhatsApp for cheap. We're serious. Hear us out. What is WhatsApp? WhatsApp is a mobile messaging service that functions as a kind of a social network. WhatsApp users can send messages to one or many recipients at the same time, and they can even share their locations. In many ways, WhatsApp's users are just the kind of customers Facebook is looking for. A whopping 70% of WhatsApp users are active every day. By way of comparison, 62% of Facebook users are active daily.
3D printing 'ink' is way too expensive
3-D printer prices are steadily dropping in an attempt to woo hobbyists, but there's still a costly barrier to mainstream adoption: 3-D printer "ink." Plastic filament, the standard material used by 3-D printers typically ranges in price from $25 to $45 for a kilogram depending on the quality and manufacturer. That's a huge markup over the $2-per-kilogram cost of the plastic pellets used to make the filaments. Manufacturing and research and development account for some of the filament's added cost over the original materials.