Friday, April 13, 2012

Justice Department formally charges Apple, big five publishers in e-book price fixing case (update)

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The Justice Department has formally decided to sue Apple, Hachette, HarperCollins, Macmillian, Penguin and Simon & Schuster over alleged e-book price-rigging. Apple and Macmillian have already denied any wrongdoing, saying that the agreements were enhancing competition in an industry previously dominated by Amazon. The case centers around a deal to switch to agency pricing, where the vendor takes a 30 percent cut of each sale rather than the wholesale model which allows stores to sell books at rock-bottom prices. It was previously believed that the publishers had cut back-room deals with the Government agency after bowing to pressure to withdraw Cupertino's "favored nation" status. If successful, the DoJ will allow Amazon and Barnes and Noble amongst others to return to the wholesale model to sell best-sellers at a loss, something that the big five are desperate to avoid, and will look to fight the battle in court.

Update: The PDF of the DoJ's filing is now available online -- it makes for fascinating reading.

Update 2: Bloomberg is now reporting that Simon & Schuster, Lagardère SCA's Hachette Book Group and HarperCollins have settled with the DoJ over unspecified terms. Hasty!

Justice Department formally charges Apple, big five publishers in e-book price fixing case (update) originally appeared on Engadget on Wed, 11 Apr 2012 10:10:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceBloomberg, Department of Justice filing (PDF)  | Email this | Comments

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Video: Parents of Trayvon Martin react to charges against George Zimmerman

Imagining Santorum vs. Clinton in 2016

??Let Me Finish: By leaving the campaign before the Pennsylvania primary, the former senator has maintained his political viability, says MSNBC's Chris Matthews. Matthews is excited for a hypothetical Hillary Clinton and Rick Santorum 2016 match-up. Full story

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Tuesday, April 10, 2012

Stock open lower in first reaction to hiring slump

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15,000 come to Texas church's Easter service featuring Tim Tebow

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Source: jacksonville.com --- Monday, April 09, 2012
GEORGETOWN, Texas (AP) ? Tim Tebow drew a crowd of about 15,000 to an outdoor Easter Church service Sunday, telling the gathering it's important to be outspoken about faith while admonishing athletes about not being better role models. "In Christianity, it's the Pope and Tebow right now," Celebration Church pastor Joe Champion he said. "We didn't have enough room to handle the Pope." read more ...

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Gays in America: Unprecedented Progress in One Generation (Atlantic Politics Channel)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, RSS Feeds and Widgets via Feedzilla.

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Thursday, April 5, 2012

Students find success at Future Business Leaders competition ...

West Lincoln Future Business Leaders of America students.

AMANDA SEBASTIANO
Staff Writer

Improving their communication skills, learning how to present to an audience and getting an idea of what their lives will be like post-graduation, were just a few of the tools some of Lincoln County?s Future Business Leaders of America students studied recently ? skills they hope will help them stand out from their peers when looking for a job later.
?FBLA allows students to excel in all areas of business,? West Lincoln High School business teacher and FBLA coach Kelly Ann Somers told the Times-News. ?It builds confidence, team work, leadership skills and gives the students an edge over others applying for colleges and top-notch jobs.?
Lincolnton High and WLHS had students who competed at the State Leadership Conference in Greensboro March 22.
WLHS sent 11 of the 41-member FBLA team to the competition ? one of which won first place and was named North Carolina?s Future Business Leader, 16-year-old Megan Avery. Betsy Roland,17, and Matthew Schaffer,18, worked as a team and won second place with their business plan project, while others ranked in the top four and top 10. Avery, along with Roland and Shaffer, are moving onto the national competition in San Antonio in June; a costly trip that?s worth the experience, Somers said.
Somers and Jennifer Welch, who oversee West Lincoln?s team, are estimating the flight, hotel and registration fees to total about $3,000 for all three students to go on the trip. So far, the group has been trying to raise money through local fundraising events, like their Powder Puff football game.
Those in the club are learning techniques to use on their job search, such as interviewing tips, resume-building and job application skills.
Those a part of FBLA also participate in community service activities, such as the WLHS group who bought gifts for local, under-privileged children last Christmas and donated to the House of Hope, a counseling center for girls ages 12-17.
Down the road, LHS students reflect on their experiences at states and how the club will help them later in life. Their FBLA team was age and experience-diverse.
Senior and FBLA President Zachary Fitzgerald has participated in state conferences all four years of high school and is excited to use his new-found knowledge he gained through the group when he goes to college and eventually picks a career.
Freshman Andrew Cromer, however, is just getting warmed up. Cromer ranked in the top 10 for Word Processing at his first competition ? an amazing accomplishment, said Jennifer Luper, FBLA coach and career and technical department chair at Lincolnton High.
Senior Dylan Houser was the third member of the LHS club to travel to Greensboro, and took away some insight after his first time competing at the state level.
Luper and the her FBLA trio thought the session about learning to buy a car was one of the most practical sections of the trip and most enjoyable. Students were shown what type of questions to ask when deciding to get a loan for a car at the bank and what factors are important to consider.
?Even if you end up deciding not to pursue a career in business, you are still learning valuable leadership and life skills,? Houser said. ?We learned how to apply technology skills to every-day life.?

Three Lincolnton High School FBLA students also competed in Greensboro.

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Tips To Getting Approved For Your Car Loan | Auto Finance Blog ...

04. Apr, 2012

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