Word: price
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Little reason, that is, other than the cost. Sony says it envisions a 3-D TV in every U.S. home by the end of 2010. That's a pipe dream, especially with early models expected to cost as much as several thousand dollars, though no price has been released yet. But with more and more content producers coming on board and with positive early reviews, who knows? This may just be the time 3-D finally finds some staying power...
...courts should intervene. According to Coates, lower courts that have affirmed shareholder complaints have asserted that mutual funds rates are not determined by the market and should thus be externally regulated because the funds do not compete with each other. “Mutual funds are often in price wars,” Coates said. “Courts should not turn a blind eye [to the competition between funds]. “ “Courts ought to look at this competition no matter what the [Supreme Court’s] decision...
...something a little out of the ordinary for us or, frankly, for anybody: we bought a house in Detroit. As houses go, it's nice enough - three stories, five bedrooms, 3½ baths with a yard and a basement. We paid $99,000, about $80,000 above the average price of a house in the city limits...
...once been the most visionary of American unions. As early as the 1940s, UAW president Walter Reuther was urging the auto companies to produce small, inexpensive cars for the average American. In 1947 and '48 the union even offered to cut wages if the Big Three would reduce the price of their cars. But by the early 1980s, the UAW had entered into a nakedly self-interested pact with the auto companies. After the union's president joined GM's chief congressional lobbyist to defeat a tougher mileage standard in 1990, the lobbyist declared that "we would not have...
...Until now. In another demonstration of how the recession is shaking up the global financial order, two luxury Hong Kong apartments have just gone on the market for a stunning $38.7 million each. If the developer, Sun Hung Kai, finds buyers at that price, the three-level penthouse dwellings, perched atop the 93-storey Cullinan towers with sweeping views of Hong Kong's harbor, could well qualify as the world's most expensive apartments. More than 4,000 sq. ft. in size, the apartments, which are still under construction, are selling for $9,677 per sq. ft. That's considerably...