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International buyers scale back purchases of US homes
2013-06-26 00:50:43| Real Estate - Topix.net
Foreign buyers purchased a smaller share of U.S. homes sold in the year through March 2013 compared to the year before, according to an annual report from the National Association of Realtors.
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Ford's F-150 takes 'Most American' crown back for U.S. automakers
2013-06-25 18:01:11| Automakers - Topix.net
It's been five years since a vehicle built by a domestic automaker topped the Cars.com list of 'Most American' vehicles, but Ford Motor Co.'
Barnes & Noble pulls back from Nook business as sales fall
2013-06-25 16:05:00| Telecompaper Headlines
(Telecompaper) US retailer Barnes & Noble has announced plans to scale back its Nook e-reader and tablets business after growing losses in its latest quarterly report. The company took a USD 18.3 million impairment charge on the activities in the fiscal fourth quarter to April, after Nook sales fell 34 percent year-on-year to USD 108 million. EBITDA losses from the activities swelled to USD 177 million from USD 77 million a year ago, including USD 133 million in inventory write-downs. The company said it will continue to design e-reader products based on its Simple Touch and Glowlight platforms, but pursue a partnership with a consumer electronics company for the manufacturing of tablets. It will sell off its remaining inventory of Nook devices before launching a new range of co-branded products. It will also continue to grow its offering of e-books and Nook apps.
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VIDEO: Can the Welsh valleys bounce back?
2013-06-25 01:44:53| BBC News | Business | UK Edition
The BBC's Mark Easton goes to the valleys of south Wales to find out if these communities can ever bounce back after the demise of heavy industry.
Os X is holding back the 2013 MacBook Air's 802.11ac Wi-Fi speeds
2013-06-25 00:55:43| Wireless - Topix.net
Apple's 2013 MacBook Air and new Airport Extreme Base Station are the company's first 802.11ac products, and there are some bugs that need to be worked out.
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