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    Latest Home Sales Report Sizzles

    Latest Home Sales Report Sizzles
    New home sales rose nearly 10% in July, according to a government report Wednesday that bolstered signs of an improving housing market. Sales of new homes climbed to a seasonally adjusted annual rate of 433,000, the highest pace since last September, the government said. That was a 9.6% increase over the revised rate for June - better than industry analysts had ...
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    Retail sales rise 1.4 percent in October

    WASHINGTON - Retail sales rose more than expected in October, but the gain largely reflected a big rebound in auto sales. Sales fell at many other retail stores as consumer spending remains under pressure, raising questions about the durability of the recovery. The Commerce Department says retail sales rose 1.4 percent last month. Economists expected a gain of 0.8 percent. But ...
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    Underwear Sales Foretell Economic Trends?

    Underwear Sales Foretell Economic Trends?
    Conventional measures of the U.S. recession may be no more accurate than the underwear index, which charts sales of men's underwear, a consumer researcher said. The theory suggests that sales of men's underwear are stable - as are sales of other necessities - but during financial downturns sales drop off. "It's a prolonged purchase," Marshal Cohen, senior analyst with the consumer ...
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    6 Illegal Interview Questions to Avoid

    6 Illegal Interview Questions to Avoid
    Wondering which questions you'll be asked during your job interview? You should expect the usual ones, such as "Where do you see yourself in five years?" and "What's your greatest weakness?" But then there are more colorful questions, such as "What animal best describes you?" and "If you were stranded on a desert island, what three items would you want to ...
    Rated: +8
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    Digital TV Converter Boxes Could Run Out, Industry Warns

    Digital TV Converter Boxes Could Run Out, Industry Warns
    NEW YORK — Stores could soon run out of the federally subsidized boxes that let an older TV set receive new digital signals, the Consumer Electronics Association has warned. Manufacturers stopped making the boxes in early January, expecting demand to peak around Feb. 17, when U.S. full-power TV stations were slated to turn off their analog signals. Congress, however voted this ...
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    Companies Cut Synthetic Hormone From Dairy Products

    Companies Cut Synthetic Hormone From Dairy Products
    Got rbST? That's not the latest space critter in a George Lucas film. It's a synthetic growth hormone (recombinant bovine somatotropin) used to spur cows to produce more milk. Many dairies and retailers — including General Mills (GIS), Dannon and Wal-Mart (WMT) — are nixing it from dairy products in a world of rising food fears. Even in a sick economy, ...
    Rated: +2
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    Stores Like Tax Holidays; Tax Experts Pan Them

    Stores Like Tax Holidays; Tax Experts Pan Them
    As Vermont gears up for a sales tax holiday, some national groups aren't sharing in the enthusiasm. Stores are calling in extra staff and planning to stay open later for Saturday's break from sales taxes. But critics have concluded such holidays don't do much to boost the economy and hurt state revenues. Vermont's sales tax holidays are expected to set state ...
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    The Economy is Brutal, but Their Business Booms

    The Economy is Brutal, but Their Business Booms
    Amid the worst economic conditions in 70 years, sales of sweet, fluffy pastries made by James Skinner Baking of Omaha are hot, hot, hot. Family-owned Skinner Baking saw its 2008 sales revenue rise 18% from 2007's. In December, sales jumped a record 25%. The firm, founded in 1911, bakes coffeecakes, fruit-filled Danish, cinnamon buns and other time-honored goodies sold at supermarkets ...
    Rated: +3
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    Sale of Big-Ticket Items Soar, Bolstering Economy

    Sale of Big-Ticket Items Soar, Bolstering Economy
    Consumers and businesses went on a big-ticket spending spree in July, sending home, car and equipment sales soaring by the largest amount in years. The sales, detailed in two government reports Wednesday, confirmed a subtle but marked shift in confidence about the economy. New home sales jumped almost 10 percent from June, while orders for long-lasting goods like appliances, planes and ...
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    Jobless Spaniards Selling Kidneys for Cash

    Jobless Spaniards Selling Kidneys for Cash
    Hard economic times have prompted destitute Spaniards to offer their kidneys for sale to "transplant tourists," medical experts say. Internet advertisements touting "kidney for sale" have been proliferating in recent months as Spain faces a 17 percent unemployment rate, The Times of London reported. Such transactions are illegal in Europe, but that hasn't stopped a black market of unemployed residents offering ...
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    Discovery Plans Wednesday 'Pitchmen' Tribute to Mays

    Discovery Plans Wednesday 'Pitchmen' Tribute to Mays
    Jun. 29-Mays co-starred on the 13-episode series which wraps up its first season at 10 p.m. Wednesday. The light-hearted reality series followed Mays and fellow TV pitchman Anthony Sullivan as they tested new products and filmed infomercials. Officials at the Discovery Channel issued a statement Sunday: "It is with incredible sadness that we have to report that Billy Mays died in ...
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    Tech Spending: The Great Divide

    Tech Spending: The Great Divide
    There's something puzzling going on in the computer industry. Sales of many products for businesses are plummeting, while other categories are doing quite well. Makers of powerful server computers, for instance, have seen quarterly sales drops of 20% or more. In contrast, Salesforce.com, which sells customer-management software as a service delivered over the Internet, saw revenues grow 34% last quarter, to ...
    Rated: +2
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    Extending Credit is Risky, Even to Long-Time Customers

    Extending Credit is Risky, Even to Long-Time Customers
    The recessionary economy has also resulted in customers who have a long history of honoring their trade obligations now defaulting. Credit professionals are forced to re-evaluate the credit risk with their accounts receivable portfolio and reconsider their credit standards whether at the outset of the trade relationship or with a long- standing customer. In this economic uncertainty, the Credit Research Foundation ...
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    VideoSurf Rides Surging Web Video Wave

    VideoSurf Rides Surging Web Video Wave
    SAN MATEO, Calif. — The scene is prototypical Silicon Valley start-up. Open floor plan. Barren walls. A ping-pong table that sits idle because workers are hunched over laptops watching videos. And the boss couldn't be happier. "When I see that, I know they're doing their job," says Lior Delgo, CEO of VideoSurf, a new website with a singular mission: to make ...
    Rated: +1
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    Innovation: Singapore Is No. 1, Well Ahead of the U.S.

    Innovation: Singapore Is No. 1, Well Ahead of the U.S.
    For anyone interested in working in an innovative environment, the U.S. has long been the top destination. The U.S. has the culture to support innovation: the best universities, the biggest venture capital funds, the most supportive financial markets. American companies from Silicon Valley are among the world's most inspiring success stories for entrepreneurs in China china, India india, and other emerging ...
    Rated: +1
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    Wholesale Sales Dropped in March

    Merchant wholesale trade sales dropped 2.4 percent in March while inventories declined 1.6 percent, the U.S. Census Bureau said Friday. The figures point to a backlog of inventory at the country's wholesale level. Inventories reached $411.7 billion by the end of the month, down 3.5 percent compared to a year ago, the Census Bureau said. Sales were down 18.1 percent from ...
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    Self-Assessment: Whats Your Unique Selling Proposition?

    Self-Assessment: Whats Your Unique Selling Proposition?
    What you have to impress on prospective customers is the added value they can expect when they establish a relationship with you. It may be a single specific feature so unique to your company that it can stand alone as a persuasive reason to deal with you. But the odds on finding and isolating that single 24-­carat nugget of information that ...
    Rated: +11
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    Business Cost-Cutting No-Nos

    Business Cost-Cutting No-Nos
    In a sluggish economy, running leaner is a must, but not every money-saving measure is a good one. These experts discuss the moves you shouldn't make during tough times, even if they seem like easy ways to cut costs. h4. Finances Having started his own business during the 2001 economic recession, Virgin Money USA CEO Asheesh Advani knows how to trim ...
    Rated: +1
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    Hangin' Tough in Negotiation

    Hangin' Tough in Negotiation
    Just as strong is the word we often use to describe good coffee, tough is the word we often use to describe good negotiators. There's a definite advantage to being known this way; it immediately reduces your opponent's expectations. Some may soften, others will try harder; but in this competitive world of business, they will all respect you for not being ...
    Rated: +2
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    Desperation Isn't Referable

    Desperation Isn't Referable
    There's truly an unlimited supply of referrals. This may surprise you because most people who're new to referral marketing or who've had trouble getting referrals tend to think they're in for a struggle to gain access to a limited supply of good referrals. This mind-set is known as the "scarcity mentality," and those who have it often appear desperate to obtain ...
    Rated: +7