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Agency eyes ‘right-to-repair’ rules to aid consumers, shops
Americans would be freer to repair their broken electronics and even tractors or to use independent repair shops under changes being eyed by federal regulators.
Driverless cars, Internet of Things and drones: Trends of CES 2016
Frank Gorman of Gorman & Williams is at CES 2016 in Las Vegas. Previously, he gave an overview of this year’s expo. Today, he’s highlighting some of the trends. CES 2016 presented several innovative technologies that have moved beyond novelty and gadgetry to “trends” toward change that will affect markets and the way we live. […]
More than just electronics at CES
CES 2016 shows increasing exhibitor diversity – beauty products, video streaming services, original video content producers, and automobile manufacturers to list a few.
The trends from CES 2015
While far from a scientific inquiry, here are the technology ideas that seem to have the most buzz in Las Vegas.
RadioShack 2Q loss widens, CFO leaves
NEW YORK — RadioShack said Tuesday that its second-quarter loss widened as the struggling electronics retailer works to revamp its stores and product assortment ahead of the crucial holiday season. Although the loss was bigger than analysts expected, revenue beat expectations and the company said it was bringing on consultants to help improve results. RadioShack […]
Durable goods orders rise 3.3 percent in April
WASHINGTON — U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring. Orders for durable goods, items expected to last at least three years, rose 3.3 percent last month from March, the Commerce Department said […]
Best Buy to match some rivals’ online pricing
NEW YORK — Best Buy said Friday that it has authorized its store staffers to match online prices of competitors in some cases, as it beefs up service offerings as the all-important holiday season kicks off. Best Buy and others already offer price-matching guarantees for local competitors’ brick-and-mortar stores. But stores don’t usually match online […]
Gadget makers gear up for the holidays
NEW YORK — Makers of consumer electronics have been refreshing their products for the holiday shopping season. Apple unveiled a new iPhone, while Amazon started selling new tablet computers and e-readers. Nintendo offered details for the first major game console in years. These are some of the gadgets to expect in the coming months: NEW […]
Gas prices, cars push retail sales up 0.9 pct.
WASHINGTON — U.S. retail sales rose in August from July because consumers paid higher gas prices and bought more cars and trucks. They were more cautious elsewhere, suggesting the weak economy has made many selective about spending. Retail sales increased a seasonally adjusted 0.9 percent, the Commerce Department said Friday. Gas station sales jumped 5.5 […]
Best Buy 2Q profit drops 90 pct, misses estimates
NEW YORK — The news just keeps getting worse at Best Buy each day. To top off an already eventful several days for the nation’s largest consumer electronics retailer, Best Buy Co. withdrew its full-year earnings guidance Tuesday after reporting a 90-percent drop in net income during the second quarter, dragged down by restructuring charges […]
Wal-Mart brings back holiday layaway
NEW YORK — After seeing high customer demand for layaway during last year’s winter holiday season, Wal-Mart is expanding the interest-free pay-over-time program for Christmas. The new program will last a month longer than last year’s and will include more items than the toys and electronics featured last year. The world’s largest retailer says its […]
Wal-Mart 2Q profit rises 5.7 pct, raises outlook
NEW YORK — Wal-Mart Stores Inc. reported a 5.7 percent increase in second-quarter net income and raised its outlook for the full year as the world’s largest retailer continues to woo back frugal shoppers by re-emphasizing it has the lowest prices on everything from clothes to electronics. But Wal-Mart is seeing its momentum slow down […]
