City living draws buyers despite higher costs
In Washington DC and nationwide, demand grows for nearby city homes with shorter commutes and urban amenities. Yet rising land values and tighter supply push new home prices to about 320,100 dollars, pricing out many buyers as wealth gaps widen and premiums over existing homes rise from 15 to 40 percent.
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Washington
D.C
Tim Nelson
Phoenix
Arizona Diamondbacks
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Census Bureau
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Alibaba debuts 11Main in the U S market
Alibaba, China's largest e commerce firm, launches 11Main com in beta as an invite only U S marketplace. The site showcases hundreds of thousands of products from 1000 to 2000 vetted upscale shops across the United States. Industry observers note crowded e commerce space and high marketing costs.
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New York
China
U.S
11 Main
Alibaba
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eBay
Sucharita Mulpuru
Maine
Tweet self propagates through TweetDeck in New York
A tweet containing computer code spread through Twitter via a flaw in TweetDeck. Twitter shut down TweetDeck access to tweets to stop the automatic retweeting. Affected users saw pop up windows as the tweet was retweeted tens of thousands of times on Wednesday.
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New York
Twitter
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