Microsoft reshapes structure to boost devices and services
Microsoft Corp reorganizes by function to speed innovation and sharpen focus on devices and services. CEO Steve Ballmer says the rally behind a single strategy aims to help the company compete with Apple and Google amid declining PC demand and softer Windows reception. Analysts note the changes follow 11 percent PC shipment declines in April to June.
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New York
Microsoft Corp
Steve Ballmer
Microsoft
Apple
Google
Colin Gillis
BGC Financial
Gartner
IDC
Youth attitudes shift in Recession study notes impact on youths
A long term survey of high school students shows the Great Recession nudging youths toward conserving resources and caring more for others. The cohort surveyed during the downturn lessened interest in big purchases yet still valued cars and vacations more than the late 1970s group. The study led by Jean Twenge of San Diego State University and UCLA researchers was released Thursday in Social Psychological and Personality Science.
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Chicago
Drew Miller
Miller
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Jean Twenge
San Diego State University
UCLA
Social Psychological and Personality Science
Retailers report strongest June gains in months
Retailers posted a 3.9 percent rise in same-store sales in June from a year earlier, outpacing ICSC expectations of 3 to 3.5 percent. The gain signals healthier consumer spending ahead of the back to school season, with warm weather and a improving economy driving summer discounts.
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New York
USS
International Council of Shopping Centers
Mall Trade
Amazon to publish original comics via Jet City imprint
Seattle based online retailer Amazon.com will publish original comics under Jet City Comics with stand alone issues serialized episodes and graphic novels. The first Fore world title Symposium released this week with October plans for George R.R. Martin Meathouse Man and Hugh Howey Wool among upcoming releases. New York markets closed at record highs as Bernanke signaled continued Fed support lifting Dow 169 points S&P 500 22 Nasdaq 57 and bond buying comfort lifted investor sentiment
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Amazon.com Inc
Jet City Comics
Jet City Issues
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Amazon.com
Foreworld
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