Potter novels to become e books via Pottermore portal
J K Rowling will release her seven Harry Potter novels as e books and audiobooks starting in October through the new Pottermore online portal. The move bypasses traditional retailers, with books compatible with Kindle, Sony Reader, and iPad, and expands to multiple languages.
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Lonndon
Harry Potter
J.K. Rowling
Rowling
the Potter
Dia
Amazon
Pottermore
Kindle
Sony
Apple
Tom Turcan
Pottermore Ltd
Phil Jones
Bookseller
Akira Suemori
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Victoria and Albert Museum
London
IEA to release 60 million barrels from reserves to ease oil prices
The International Energy Agency and multiple non-OPEC nations plan to release 60 million barrels of crude from emergency stocks to ease high prices. The move targets weak economies and signals rebuke to OPEC while highlighting Libya disruptions and a volatile global recovery.
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New York
United States
International Energy Agency
U.S
Europe
OPEC
IEA
Iraq
Kuwait
Gulf Coast
Middle East
North Africa
Libya
Andrew Lipow
Federal Reserve
Ben Bernanke
White House
Steven Chu
AAA
Barack Obama
Organization of Petroleum Exporting Countries
Iran
Venezuela
Saudi Arabia
Democrats eye GOP tax cuts to boost jobs in economy push
Democrats in Congress weigh extending payroll tax cuts and reviving a tax holiday for employers to hire the unemployed as they seek job growth amid weak polls. Senate Democrats say a broader tax cut approach could appeal to voters, though some favor infrastructure spending.
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Washington
White House
Congress
Senate Democrats
Schumer
Notable 2011 model year cars show quality problems rise
J D Power survey of 78,000 owners finds average 107 problems per 100 vehicles and 122 problems for redesigned 2011 models. Lexus Honda and Acura lead quality while Dodge underperforms. Navigation and dashboard tech glitches cited as major causes of defects.
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J.D. Power and Associates
Lexus
Honda
Acura
Dodge
Markets Slip on Thursday as Dow, Nasdaq Fall
Thursday’s trading sees the Dow Jones Industrial Average down 59.67 points to 12,050.00 while the Nasdaq dips 17.56 to 2,686.75 and the S&P 500 falls 3.64 to 1,283.50. Treasuries ease, corn and soybeans slide, wheat edges lower, oil drops nearly 4.40 dollars to 91.02.
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Dow Industrials
Chicago
Kansas City
New York
Layoffs and housing data signal persistent economic weakness
U S reports show unemployment benefits rising to 429000 and new home sales at 319000 in May, indicating a worsening job market and a struggling housing sector. The Fed trimmed growth outlook to 2.7 to 2.9 percent and kept joblessness above 8.6 percent, while Bernanke warned the finance and housing problems could persist.
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Federal Reserve
Ben Bernanke
Labor Department
Commerce Department
Fed
International Monetary Fund
Greece
Dow
Japan
Bernanke
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Massachusetts
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