Top Retail News
Point of sale systems can cut operating costs, integrate accounting systems, track inventory and improve supply chain efficiency. Well-engineered POS equipment can improve customer transaction times, save hours of accounting drudgery and help verify actual sales data.
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The surprise announcement by Wal-Mart, the world's largest retailer, lands one week before the crucial Thanksgiving holiday shopping weekend. This comes as Wal-Mart builds on its strength as a discount retailer in a contracting U.S. economy. Mike Duke, who will become Wal-Mart's fourth CEO, also takes over as the retailer increasingly looks overseas to fuel expansion as U.S. growth slows.
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Managing one of the largest IT operations in the world, MasterCard’s Rob Reeg must deal with a variety of technologies and issues, including virtualization, server consolidation, storage, mobility, security and green initiatives.
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American Express Business Travel has built an industrywide community where anyone in the travel industry can exchange information and interact with others in the value chain.
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The Fed's agreement to convert the once high-flying investment banks into more conventional depositary institutions was Washington's latest effort to restore calm to chaotic markets. It followed frantic talks between the Bush administration and Congress to prevent the crisis from pushing the economy into severe recession.
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The Google Dream phone, which features a slide-out keypad, is being manufactured by Taiwan's HTC Corp and will be sold by T-Mobile, which plans to unveil the device at an event in New York on September 23. The Wall Street Journal said T-Mobile USA plans to release new data service plans in conjunction with the Google phone that will be "aggressively priced."
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AIG stock is tumbling. The cost of borrowing between banks surged as financing troubles piled up for AIG and the markets faced further fallout from the failure of investment bank Lehman Brothers. The insurer has "a day" to solve its problems, New York Gov. David Paterson said. A failure would result in a "catastrophic problem" for the market accordign to the Governor.
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Google sees Android as an open-source platform for designing mobile devices, saying it will encourage innovation by allowing outside software developers to tinker with the system and create better mobile programs and services. Industry insiders who have worked on Google's Android mobile operating system say it will struggle in the near term and will take time to match the consumer enthusiasm generated by Apple when its iPhone redefined the touch-screen phone market and greatly improved mobile Web surfing.
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On a black Sunday for Wall Street, frantic attempts to find a rescuer for Lehman Brothers failed, and troubled insurer American International Group (AIG) asked the Fed for a lifeline, according to news reports. The events signal a seismic shift in Wall Street's power structure with big name investment banks biting the dust and major banks like Bank of America, Merrill Lynch and JPMorgan Chase becoming the survivors.
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Learn how innovation and knowledge management is leveling the playing field of the knowledge economy. Examples include: Daiichi Sankyo Group, Ranbaxy Laboratories, Boeing and its 787 Dreamliner, InnoCentive, the Linux operating system, Cementos Mexicanos, China’s Haier Group and changes in global Internet use.
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This year, with high energy and food prices, the housing slump and credit market crisis muting consumer demand, Wall Street is bracing for a subdued performance from the technology industry--gadgets, devices, gaming consoles and computers--even during its busiest manufacturing season for the Christmas-spending holidays.
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The unexpectedly weak income and spending data combined with a jump in oil prices and disappointing earnings to drive stock prices down. In late morning, the blue chip Dow Jones industrial average was off more than 1 percent. Prices for U.S. government bonds, which react negatively to inflation, moved lower, while the dollar held steady versus the euro but slipped against the yen.
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Hydrogen fuel cell cars from automakers completed a 13-day cross-country trip this weekend powered by a zero-emission technology. The effort happened in part to raise awareness for the lack of hydrogen filling stations available to potential buyers of hydrogen cars.
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FCC Chairman Kevin Martin had proposed guaranteeing that carriers who owned unused spectrum could continue roaming for four years before they lost roaming rights. But he withdrew the proposal before a meeting of the FCC's five commissioners on Friday because they had not reached an agreement on the issue.
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The new Treo Pro will be sold by Vodafone and 02 in Europe, and by Telstra in Australia. In the United States, Palm does not have an agreement with a carrier to sell the phone, but it said enterprise demand is growing for unlocked phones that can work on any network.
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