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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Nov 28, 2016
Page
9
Edmunds.com reports a 32 percent underwater rate for trade-ins this year as easy credit fuels longer loans. Buyers must finance the gap between loan balance and vehicle value, a high not seen since 2009.
NRF and Prosper Insights report 154 million shoppers over the Thanksgiving weekend with online sales surging. Black Friday online revenue reached 3.34 billion, mobile shopping hit a record 1.2 billion, while in store traffic fell as digital channels attract more buyers.
The NAB and other media groups push to revisit the 1975 cross ownership ban allowing newspapers and TV stations in one market. They urge the FCC to update rules as digital era dynamics reshape the media landscape and spur more acquisitions and local news investments.
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