Amazon and Hachette end months long pricing dispute
New York Amazon and Hachette Book Group reach a multiyear deal ending a yearlong standoff over e book pricing and delivery. Immediate effects lift restrictions on Hachette titles with some exceptions. Authors and readers expect lower prices and better marketing terms from the settlement.
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U.S. Justice Department
U S Hiring Rises as Quit Rate Climb Signaling Growth
U S firms boosted September hiring with more workers quitting, a sign of a strengthening economy. Job openings eased to 4.7 million but hiring and quits rose to 5.0 million and 2.75 million respectively, the highest since 2007. In West Virginia, former Massey Energy CEO Don Blankenship faces federal prison time over the Upper Big Branch mine disaster after a 43 page indictment detailing safety violations.
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Buffett Buys Duracell but Experts See Long Term Drain Risk
Analysts say Berkshire Hathaway's Duracell purchase may give a short term cash boost but could become a drag as consumer demand shifts toward rechargeable batteries. Duracell's sale from Procter & Gamble totals about 3 billion with P&G contributing 1.7 billion cash and Berkshire taking ownership of P&G stock.
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