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Bosco Farr, a floor manager at independent bookstore BookPeople poses in Austin, Texas, in this undated handout photo.

As Borders exits, indie bookstores fight other Goliaths

A decade ago Austin bookseller Steve Bercu faced a Texas-sized threat to his independent store: Borders was planning to build a megastore just blocks away. So he dug in his spurs and garnered community support that kept the franchise out of his area.

Walmart Express debuting in Chicago on Wednesday

Shopping carts are seen outside a new Walmart Express store in Chicago
Wal-Mart Stores Inc (WMT.N) is opening its first small store in Chicago on Wednesday as it tests a format it hopes will allow it to penetrate urban markets that have resisted its huge stores.

Amazon's Stock Zooms; Analysts Remain Bullish

Amazon
Amazon's stock is trading near a 52-week high, up more than five percent Wednesday after the company posted strong second quarter earnings and profits. But Amazon will go higher, say some analysts, because the company has a decided competitive advantage.
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US Post Office In Blacksburg, Virginia

U.S. Postal Service to Close 3700 Offices This Year

The U.S. Postal Service (USPS) announced today a list of nearly 3,700 retail offices to be studied and potentially closed as early as November and replaced by new Village Post Offices in an effort to compensate for losses.
Mike Lazaridis, president and co-chief executive officer of Research in Motion, speaks at the RIM Blackberry developers conference in San Francisco

RIM Layoffs Not Long-Term Solution

Blackberry maker Research in Motion's plan to lay off 10 percent of the company's workforce shines fresh light on desperation within the company to keep up with fierce smartphone competition eroding market share.
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Mac Mini, MacBook Air Ousts Optical Drive

New versions of the Mac Mini and MacBook Air have eliminated optical drives used for CDs and DVDs, which signifies the imminent death of tangible media completely as USB connectivity and digital marketplaces become the popular means for file transferring.
The Brazilian exotic fruit papaya,

FDA Warning: Mexican Papayas Recalled, Linked to Salmonella Poisoning

U.S. health regulators on Monday warned people not to eat Mexican-grown papayas from Texas distributor Agromod Produce Inc., as they investigate a possible link to a salmonella outbreak in 23 states. So far, the outbreak of Salmonella Agona has resulted in 97 reported cases of illness, ten of which involved individuals being hospitalized, across the country, the U.S. Food and Drug Administration said.
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China Fake Apple Store Managers Claim Products Are Real

Investigations are underway as over four retail shops, in the southern Chinese city of Kunming, were discovered to be posing as fake Apple stores. Customers and even staff were fooled by the Apple products, whether they were real or selling fakes counterfeit versions. The store itself has been impressive in terms of decorating and matching furniture to legitimate Apple stores.
Fake Apple Store Fools Inspectors and Staff, Plus Other Counterfeit Brands (PHOTOS)

Fake Apple Store Fools Inspectors and Staff, Plus Other Counterfeit Brands (PHOTOS)

The recent news of Chinese counterfeiting Apple stores and products has triggered inspections from Kunming authorities after customers and staff were fooled by fake products. Near perfect replications of Apple devices and stores will make challenging work for those going in to differentiate genuine from counterfeit items. The discovered fake Apple stores covered all the details from furniture display, a Genius Bar, product layout, signage, and staff uniforms.
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Top 10 Smartphones of 2010 that stole the show

Top 10 smartphones of 2010 include Apple iPhone 4, HTC EVO 4G, Samsung Galaxy S, Motorola Droid, HTC Droid Incredible, BlackBerry Torch, Google Nexus One, Nokia N8, HTC Desire and HTC HD7.
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Jobless rates jump in 28 states in June

Jobless rates jumped in June from the month before in more than half of the U.S. states as sinking public employment reversed the trend of steadily improving labor conditions in the first half of 2011, Labor Department data released on Friday showed.

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