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Surprising Increase in New Home Sales in September

With the economy in the doldrums, an ongoing mortgage crisis, and worries over recession, few analysts expected sales of new homes to rise in the last quarter. But surprisingly, there was a 2.7% increase nationally in the sale of new homes in September. Meanwhile, the median price of [...] [...]

Wal-Mart Comes to Time Square

According to Reuters.com, controversial American mega-retailer Wal-Mart is opening a “temporary” store right in the middle of Times Square in Manhattan. Wal-Mart officials claim that the company has no plans to maintain a permanent outlet in Manhattan. The company appears to be following [...]

eBay Continues to Expand — While Laying off 1000 Workers?

What in the world is going on over at eBay? Back in the olden days — the 1990s — eBay was a beacon of hope in the online world. It established a level playing field by which any mom-and-pop retailer around the country (or around the world) could compete with the big boys [...] [...]

McDonald’s Rethinks its $1 Menu

McDonald’s has had the popular one dollar menu since 2003, offering double cheeseburgers and other items for only a buck. But the company is now considering changing its dollar menu, and raising prices on many of its items to keep up with inflation and the rising cost of meat and produce in [...]

Virtual Meetings Gain Popularity as Travel Costs Increase

Has the humble business trip become a thing of the past? With travel expenses rising, more and more companies are turning to virtual meetings and video teleconferencing as a way to initiate sales, close deals, train new employees and a variety of other business tasks. Analysts say that the [...]