WASHINGTON — The International Brotherhood of Teamsters on Wednesday expanded its lawsuit against the government in a long-running battle that has stopped Mexican trucks from coming deep into the United States. In papers filed in federal appeals court in Washington, ...Read More »
NEW YORK — Netflix Inc. is separating its DVD-by-mail business from the online movie streaming service it sees as the future of entertainment consumption. In announcing the changes, CEO Reed Hastings also apologized to subscribers for the way the company ...Read More »
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Borders to close as markets shift The closure of all 399 Borders bookstores nationwide, including 18 in Maryland, not only dramatically illustrates changes in the highly competitive publication industry, experts said this week, but also reveals the delicate relationship between large ...
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The closure of all of Borders’ 399 bookstores nationwide — including 18 in Maryland — is not only a dramatic illustration of the changing publishing industry, experts said Tuesday, but also reveals the delicate relationship between large companies facing industry-specific ...Read More »
NEW YORK — There will be no storybook ending for Borders. The 40-year-old book seller could start shuttering its 399 remaining stores as early as Friday. The Ann Arbor, Mich.-based chain, which helped pioneer the big-box bookseller concept, is seeking court ...Read More »
NEW YORK — Borders Group teetered on the brink of liquidation Thursday after an offer from a private-equity investor disintegrated. The bookseller appeared to have found its white night in Najafi Cos. back in July, when the private-equity investor from ...Read More »
NEW YORK — Barnes & Noble is reporting a bigger fourth-quarter loss than analysts expected as the bookseller invested heavily in its e-book reader Nook and as liquidation sales by rival Borders hurt its revenue. Its shares fell more than ...Read More »
NEW YORK — Borders Group Inc. hopes to name a bidder by July 1 and sell itself by the end of that month, according to bankruptcy court filings. Forty stores previously targeted for closing are also getting a temporary reprieve. ...Read More »