If you're feeling good about the market, you're not alone. Take my hand as we go over some of this week's more uplifting headlines.
1. Saluting the General
It's not too often that General Motors
In fact, just two weeks ago I was calling out OnStar for its creepy terms and conditions. However, GM is finally putting its OnStar system to good use. The auto giant is teaming up with RelayRides to make the peer-to-peer car sharing service easier for GM vehicle owners to use.
RelayRides allows car owners that infrequently use their vehicles to rent them out to neighbors for money. A major obstacle in the past has been that participating cars need to be outfitted with a device that can remotely unlock the car and track its whereabouts. Well, that's pretty much what GM can do, so now the two companies are making it easier for GM owners to begin monetizing their idle automotive time.
Renting out one's personal car may seem like a ludicrous notion, but with RelayRides covering the gas and insurance, the opportunity to make a little money on the side may be too tempting to pass up. With this slick move, GM is actually making its own OnStar cars that much more marketable.
2. There's an oldies section for you
Sirius XM Radio
Giving used car salesmen a financial incentive to promote activations on secondhand cars can be pretty substantial these days, especially with drivers weary of big-ticket purchases.
Sirius XM has struck similar deals with other automakers in the past, but you can never have too many automotive dealerships as partners.
3. Pinch me to make sure I'm not streaming
Sticking to the automotive theme of the first two entries, Toyota
In other words, anyone that has an Android, BlackBerry, or iPhone smartphone can access Pandora's free music app with similar dashboard navigation as terrestrial and satellite radio. Camry and Tacoma are the top-selling vehicles in their respective classes, so Pandora's reach is about to grow even wider.
4. Dusting off the classics
What's old is new again at Disney
Starting with Beauty and the Beast in three months, limited theatrical runs for Finding Nemo, Monsters, Inc.; and The Little Mermaid will follow over the next two years.
Disney knows how to work its valuable animation vault. There are also some serious style points to be awarded for the Monsters rerelease because it's timed to coincide with the Monsters University prequel that hits theaters a few months later. You know, just in case folks think that Sully and Mike Wazowski are the pilots that landed on the Hudson River a couple of years ago.
5. It's a small world
Disney isn't just maximizing the value of its past. It struck a win-win partnership with Yahoo!
Yahoo! has the quantity. ABC News has the quality. It's a pairing that makes sense since it gives Disney's news brand the online exposure that it's been lacking, while Yahoo!'s news sites gain the prestige of working with ABC News.
If you want to see if these companies continue to do the smart thing, track them through My Watchlist.