Word: buyer
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Just don't pull out the noisemakers quite yet. The segment of the market that's reviving is very narrow. In May, some 29% of sales were to first-time home buyers. The federal government's $8,000 first-time home buyer tax credit provided a lot of the boost. That means if you're trying to sell a house that a first-time home buyer probably wouldn't purchase - anything that's not priced as a starter home - you're not likely to feel the benefit of a faster moving inventory. And if you're trying to sell...
...nuclear components. The destroyer U.S.S. John S. McCain - named for the father and grandfather of the Arizona Senator, both admirals - is trailing the 2,000-ton vessel. According to South Korean television, the ship is headed to Burma, a nation run by a military dictatorship and a suspected longtime buyer of North Korean weaponry. "If we have hard evidence" that the ship is carrying banned weaponry, Senator John McCain told CBS on Sunday, "I think we should board it." (Read "North Korea, the Coldest...
...tried it on back at the hotel, appeared to have been made not from cotton but from itchy polyester - hardly ideal for the sticky Thai climate. The Hollywood blockbuster had been dubbed into Russian. I cursed the waste of 10 bucks on shoddy merchandise. By the following afternoon, this buyer's remorse had morphed into full-blown guilt. Clemence Gautier, an intellectual-property consultant with law firm Tilleke & Gibbins, took me on a tour of Bangkok's Museum of Counterfeit Goods, a 1,070-sq.-ft. (100 sq m) Aladdin's cave of thousands of illicit products. Incongruously chic, with...
...least." She cites Focus on the Family studies that have found that 43% of families say pornography is a problem in their home. And while she acknowledges that the spot has some fun at the porn-consumer's expense (the last joke in the ad is about the porn-buyer's mom finding out what he's purchasing), she says that "many of these people's experiences with pornography is not funny. Some of their families have been devastated...
...sale of General Motors' Hummer division to a Chinese buyer has yet to be finalized, but one thing about the future of the iconic American brand seems clear: the era of Hummers as street-clogging gas hogs is over. Analysts say the brand's future lies in either slimmed-down SUVs or large special-purpose vehicles not unlike the military-troop carriers that formed Hummer's roots...