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Borders Group Inc.
Latest Borders Group Inc. Items
It could all change quickly, but independent booksellers again have good news to report as the publishing industry prepares for its annual national convention, BookExpo America.
Borders Group, the nation's second largest book store chain that once operated over 1,000 stores, appears headed for liquidation after a judge on Thursday approved its motion to auction itself off with a team of liquidators as its opening bid.
The Obama administration is blaming the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention program. It says they've done little to help people at risk of losing their homes.
The lighter, slimmer, cheaper new version of Barnes & Noble's e-reader has a black-and-white touch screen and aims squarely at the "grandma" demographic - or at least those craving a simpler e-book reader.
The lighter, slimmer, cheaper new version of Barnes & Noble's e-reader has a black-and-white touch screen and aims squarely at the "grandma" demographic _ or at least customers craving a simpler e-book reader.
John Malone, who made a fortune in cable television, is offering $1 billion for Barnes & Noble — not betting on the books-and-mortar past, analysts say, but the promise of the electronic future.
Flights partially resumed out of Lambert Airport on Sunday after the area's most powerful tornado in decades ripped off part of the roof and shattered hundreds of windows at the main terminal.
Whether or not Borders survives closing some 200 stores, the "superstore" boom of the past two decades has busted, authors and publishers face a market minus millions of square feet of physical shelf space and communities once crowded with booksellers may find themselves with none.
The future of bookstores faces new questions after Borders Group Inc. filed for bankruptcy Wednesday and announced it will close about 30 percent of its stores nationwide.