Tuesday, july 9th. Goodveng everyone. A new chapter for barnes noble today but how that story plays out is still unwritten. Investors are betting on a happy ending pushing up by 5 today. They were reacting on news the ceo is out and the possibility the big retailer might break up and spin off the nook division. They out lived brick and mortar competitors like borders and walden books. What is next for the chain and can it survive . Reporter three years ago, barnes noble made a bet on its nook e reader bring income a new ceo William Lynch to ignite the business. But the nook never caught fire losing 475 million last year and now william lidge is the former ceo of barns and noble. And the companys problems are bigger than just the nook division. Sales did drop 34 the mo recent quarter, but sales in the physical stores and website also decreased by 10 . Even if barnes blgepts rid of its nook ss, ecompany as a. Amazon and other retailers are tough competition in the Book Business as people
Buyers into the hands of land boards. Will the tighter requirements make them safer . All that and more tonight on nightly Business Report for tuesday, july 9th. Good evening everyone. A new chapter for barnes noble today but how that story plays out is still unwritten. Investors are betting on a happy ending pushing up by 5 today. They were reacting on news the ceo is out and the possibility the big retailer might break up and spin off the nook division. They out lived brick and mortar competitors like borders and walden books. What is next for the chain and can it survive . Reporter three years ago, barnes noble made a bet on its nook e reader bring income a new ceo William Lynch to ignite the business. But the nook never caught fire losing 475 million last year and now william lidge is the former ceo of barns and noble. And the companys problems are bigger than just the nook division. Sales did drop 34 in the most recent quarter, but sales in the physical stores and website also dec
Buyers into the hands of land boards. Will the tighter requirements make them safer . All that and more tonight on nightly Business Report for tuesday, july 9th. Good evening everyone. A new chapter for barnes noble today but how that story plays out is still unwritten. Investors are betting on a happy ending pushing up by 5 today. They were reacting on news the ceo is out and the possibility the big retailer might break up and spin off the nook division. They out lived brick and mortar competitors like borders and walden books. What is next for the chain and can it survive . Reporter three years ago, barnes noble made a bet on its nook e reader bring income a new ceo William Lynch to ignite the business. But the nook never caught fire losing 475 million last year and now william lidge is the former ceo of barns and noble. And the companys problems are bigger than just the nook division. Sales did drop 34 in the most recent quarter, but sales in the physical stores and website also dec
Wave hits . All that and more on nightly Business Report for friday, july 19th. Good evening everyone. Im sue herrera. Susie gharib is off tonight. The day after the largest municipality in the bankruptcy history and today, the reality how bad things are in detroit and how bad they can get. How much will bondholders recover and what about the pensions of current policemen, firemen and other city workers . The unknowns with the growing number of lawsuits being filed, they will likely take years to shake out. Brian sullivan is on the ground in detroit where city and state officials are hoping this drastic move will save the city. For years detroit is living on borrowed money and time and now it seems the city may have run out of both. Detroit filing the largest municipal bankruptcy in the United States listing billions in obligations, hundreds of millions in deficits and 100 thousand or more creditors. They blame the declining population, which sent the population down by more than half
Mercury is rising and grids are under pressure. But what if the utility could store electricity before a heat wave hits . All that and more on nightly Business Report for friday, july 19th. Good evening everyone. Im sue herrera. Susie gharib is off tonight. The day after the largest municipality in the bankruptcy history and today, the reality how bad things are in detroit and how bad they can get. How much will bondholders recover and what about the pensions of current policemen, firemen and other city workers . The unknowns with the growing number of lawsuits being filed, they will likely take years to shake out. Brian sullivan is on the ground in detroit where city and state officials are hoping this drastic move will save the city. For years detroit is living on borrowed money and time and now it seems the city may have run out of both. Detroit filing the largest municipal bankruptcy in the United States listing billions in obligations, hundreds of millions in deficits and 100 thou