The European Commission is holding a hearing today on Google Books, which wants to put millions of books online. European publishers, authors and others fear they could lose rights in the digital books deal. Stephen Beard reports.
Female readers of romance novels are keeping the publishing industry hot. The genre generates more than 50 percent of mass market paperback sales and readership is comprised of mostly women, who make loyal customers. Ekene Okobi reports.
The Commerce Department said consumer spending rose in July, but household incomes were unchanged. Bob Moon reports a lot of the extra spending money is coming from our savings.
Some sneaker makers are giving national advertising campaigns the boot. To get more traction, they are increasingly turning to a tactic known as hyper-local marketing. Curt Nickisch reports.
Home Depot will come out with its second-quarter earnings. Rival Lowes already reported its second-quarter earnings, which fell nearly 20% from a year ago. Mitchell Hartman reports.
Many retailers are suffering during this recession, but some products are striking the right balance and actually thriving. Stacey Vanek-Smith reports on a useful kind of shoe.
Despite fatter paychecks from stimulus money and a boost from the Cash for Clunkers program, retail sales fell last month. Amy Scott asked around and found a lot of economists were taken by surprise.
Bill Stone, chief investment strategist at PNC Wealth Management, talks with Steve Chiotakis about July's retail sales and what Germany and France are doing that we aren't.
