Alibaba gets ready for what may be a world record ipo. A look up to one of its earliest investors. A master storyteller. Conclusion of his trilogy he tells us about the business of being an author. It is wednesday in new york city. Nextlot to cover in the few hours. Lets take you to the top is in stores around the world. An activist investor wants to break up dupont. Criticized dupont for. Ailing to meet earnings it will meet with other shareholders to make its case. Eric holder wants bigger rewards for wall street whistleblowers. In a schedule today, holder is also expected to say that the fbi needs more agents in forensic accounting. The Justice Department has been criticized. Of the nfls biggest advertisers wants pro football to get its act together, thank you. It says it is not happy with the controversy. Andled mcdonalds has made a similar statement. The nfl says it is taking action and there will be more to come. Almost done. Is the Federal Reserve is likely to reduce bond buying
Say, everything is done online. They never get to see a face. Two things this affords particular authors. One is to meet the people behind the companies, to actually look at the faces of the people at nook or create space, and go out eyetoeye with the people. Thats number of one. Number two, to go iotoeye with each other. They never get to network or say i tried this and it was awful. I tried this, and i had great success. You know, so a show like this puts them under one roof to talk with each other, and that was a goal for us, to the be able to have these People Network and talk to each other. They could learn from each other. So, what is the future of the Publishing Industry . The authors who write good books and maybe five or ten years ago would have been picked up by a traditional publisher dont have the opportunity anymore so they do it on their own. I think that thats sad, and with the rise of selfpublishing, if people continue to do it right, what we see now is traditional publ
Of the u. S. Publishing industry once called home, but in recent years, the prominent publishing houses have consolidated, and selfpublishing has exploded in a the publishing houses have consolidated and it has exploded into a lucrative industry in its own right now home to the self publishing book expo celebrating its fifth year in 2013. With the economy, a lot of editors. Their own freelance companies, and a book designers in or out of work and freelancing a lot, and so as a result the industry started to sprout up. And from 2009 until now the number of companies that have started because of some publishing, to meet, is really amazing. You know, the growth of these sort of, you know, little companies that have now grown to be bigger companies, the companies that now on middlemen that help these authors decide which book to use. It was those companies. A lot of traditional people who lost their jobs in the economic turndown found new life with self publishing because now theyre cateri
Profits. They combined to send stocks higher. The bankers seem to agree on when to wrap up the latest bond buying stimulus plans but differed on when to raise shortterm Interest Rates. Despite that, investors like what they heard. The dow closed up by 79 and the nasdaq up 27 and s p added nine. Steve liesman has more on the minutes from the latest policy meeting and what the central bankers are thinking about how and when they will announce the first rate hike since june of 2006. Reporter the Federal Reserve providing details of how it will bring the great Monetary Policy. Minutes of the june meeting show the fed planning to end qe by october if the economy improves as expected. The fed will hold onto the 4 trillion of bonds purchased on the Balance Sheet until rate hikes begin. At that point, the fed could let the Balance Sheet wind down to normal levels but gradually. The fed said little new when it will hike Interest Rates and how much. That leaves the general market expectation for
They if theres no explanation, we drop them. Its post setting. All the books, we think, on the, are good. Some every bit as good as harry potter, gone with the wind, or kill a mocking bird, but those people deserve to have a voice, and we are helping them find it. As they help writers find their voice, the selfpublishing book expo helps them find each other. Writing, as we know, is a fairly solitary endeavor; right . When you are a writer, and youre traditionally published, you have an agent, an editor, and then youre a Marketing Team and a publicity team. For what its worth, whether they do everything they say they will do, they dont, you have is a team. When youre a selfpublished author, you have none of that. I think one thing that the show affords these people is a chance to if they selfpublish, lets say, everything is done online. They never get to see a face. Two things this affords particular authors. One is to meet the people behind the companies, to actually look at the faces