Word: solding
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Quick Flix, the DVD rental place on Bow Street, is going out of business. Any grief I may have felt for this Harvard Square institution was assuaged by their clearance sale, where all DVDs were sold for five dollars. By the time I got to the store, most of the high-end Criterion Collection DVDs had been snatched, and the quality offerings of the drama, action and comedy sections had been picked over pretty thoroughly. Yet one wall (or, more accurately, one corner), had been left more or less untouched: the documentary section...
...time limit for a sent text to hang around after it has been read. When that life span has been exceeded, the message will disappear, say the developers, from the recipient's phone, the sender's phone and any servers. The message cannot be forwarded anywhere, stored anywhere or sold to any tabloid for an undisclosed sum. (See a brief history of the Tiger Woods scandal...
...violation of Thai law, still controlled the company while serving as Prime Minister. He accomplished this, the court said, by using family members and others as nominees and transferring shares in an intricate web of deals through offshore companies in the British Virgin Islands and other tax havens. Thaksin sold Shin Corporation to Temasek Holdings of Singapore in early 2006 for $1.9 billion. The court called that money "ill-gotten wealth." Thaksin claims that all of his assets were earned before he became Prime Minister. (See more photos of protests...
Will Candace Burnet be one of the lucky customers and make her Baltimore relatives happy? As soon as she enters the store, she darts toward an attendant to ask if the mittens are available. Adult sizes are sold out, she's told, but she can try the youth section...
Enter cozy mittens. Sherman says the company has sold about 3.5 million pairs since their October 2009 debut; thanks to the Olympics, 1.5 million have cleared the shelves since Feb. 1. But get this: Hudson's Bay does not make a dime off the phenomenon. Net proceeds from mitten sales go right to the Canadian Olympic Committee to fund athletes' programs. To date, Sherman says the mittens have generated $12 million in net proceeds. Does he regret not negotiating a cut? "Not at all," he says. "We entered into this to do the right thing." What's more, Sherman notes...