The Federal Trade Commission named a former federal prosecutor to lead its antitrust investigation in a sign the agency is prepared to take the Internet giant to court.
The Federal Trade Commission named a former federal prosecutor to lead its antitrust investigation in a sign the agency is prepared to take the Internet giant to court.
As society embraces all forms of digital entertainment, a latter-day Noah is looking the other way. Brewster Kahle, who runs the Internet Archive, a nonprofit, hopes to collect one copy of every book.
At Apple's annual meeting, the protesters outside were few. Inside, they were even fewer. But the list of Apple's accomplishments? Well, that pretty much filled the meeting time.
Amazon pulled more than 4,000 e-books distributed by the Independent Publishers Group off its site this week after it failed to exact better terms from the distributor.
The new strategy for technology companies is to build a device, sell it to consumers and then sell them the content to play on it — and maybe some ads too.
Nancy Pearl may be America's best-known librarian. When she signed a deal with Amazon to publish out-of-print titles, it was after 20 traditional publishers had turned her down. Ms. Pearl is now being vilified for cooperating with the behemoth that many booksellers see as a threat to their existence.
Agencies like the Federal Trade Commission have been trying to crack down on online product reviews that do not disclose the connection between a merchant and the person doling out the praise.
One of the first things new Kindle users discover is that Amazon is giving away e-books. In fact, there is an entire best-seller list made up of free titles. But the contemporary novels on this list are not as up-to-date as they might be.
The key to Amazon's success over the years has been its relentlessness. Most retailers hit a cruising speed and stay there. Amazon, for better or worse, keeps accelerating. Amazon's millions of customers do not mind its aggressive tactics. Yet.
Amazon moved aggressively to fulfill its new ambition to publish books as well as sell them, announcing that it had signed Timothy Ferriss, the popular self-help guru.
Two of the nation’s biggest lenders are quietly modifying loans for tens of thousands of borrowers who have not asked for help but whom the banks deem to be at special risk.
The downward spiral of the housing market, which experts expect will continue, has not only lowered home ownership, but tarnished a piece of the American dream.
The downward spiral of the housing market, which experts expect will continue, has not only lowered home ownership, but tarnished a piece of the American dream.
Planned cuts in the size of a mortgage that can be backed by the federal government may hurt upscale housing markets in high-cost states like New York and California.
The lawsuit argues that changes in late 2008 meant that surviving spouses not named on the mortgage must pay the full balance to keep the home, even if it is worth less.
Despite Bank of America’s announcement that it will resume foreclosures after its review found no evidence of error, state law-enforcement officials and the White House say they will continue their inquiries.
It is the third major lender in the last two weeks to say it is freezing foreclosures and its decision could involve tens of thousands of pending foreclosure cases.
JPMorgan Chase is suspending more than 50,000 foreclosures as it reviews the legitimacy of legal documents, the second major company to take such action this month.
Some economists and analysts urge a dose of shock therapy that would shift benefits to future homeowners from current ones: Let the housing market crash.
An official at JPMorgan Chase said mortgage reductions could reward households for taking on more debt than they could afford and was simply unworkable.
The new measures are aimed not only at the households that are behind on their mortgages but at the 11 million that simply owe more on their homes than they are worth.
Banks that once handed out home loans freely are now imposing such stringent requirements that many homeowners who might want to refinance are effectively locked out.
When Congress passed an $8,000 tax credit for first-time home buyers, it was intended as shock therapy. Now the question is whether the market can function without it.
In 1786, poor farmers in Massachusetts rebelled when creditors came calling.There is a small but increasingly noticeable group of strapped consumers who are deciding to simply stop paying their debts.
In areas hardest hit by the housing crisis, like Sacramento, Calif., and parts of Florida and Nevada, more robust markets suggest the housing sector may be in the early stages of recovery.
After an extremely worrisome start that fanned fears of famine and economic devastation, the nation’s most crucial crop is on track for a bountiful harvest, the government said Tuesday.