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...Standing at a slight distance, the chaotic scene only makes Fazal Din more nervous. As Pakistani troops advanced into South Waziristan 10 days ago to target the stronghold of Tehrik-i-Taliban Pakistan (TTP), the villager from Karam was fleeing with his family in the opposite direction. After walking for several hours, a bus happened to stop nearby. Parting with whatever cash they had, they bought themselves a ride to this wild and dusty frontier town three days later. "The bombing was hard," Din recalls. "It destroyed five houses near my own." (See pictures of Pakistan's vulnerable North-West...
...consumers, this war looks like an obvious score. Cheap books make tidy stocking stuffers. And for the retailers, particularly Walmart and Target, the discounts may not carry too much risk. Books are just a small slice of their portfolios. "Is Walmart making money selling books at $8.99? Probably not," says David Heupel, a senior equity portfolio manager at Thirvent Financial in Minneapolis. "This is a mass-merchant move to draw customers to the websites." The hope is that you poke around for a book and then add other, higher-margin products to your basket...
...independent stores. "I wouldn't want to be a mom-and-pop bookseller right now," says Heupel. The industry is so concerned about the battle that the American Booksellers Association has asked the Department of Justice's antitrust division to investigate the retailers' pricing practices. "Amazon.com, Wal-Mart and Target are devaluing the very concept of a book," the organization, which represents locally owned independent bookstores, wrote. "The entire book industry is in danger of becoming collateral damage in this war." (See the 100 best novels of all time...
Amazon and Walmart declined to comment on their pricing practices. "This is a promotion in order to drive traffic," says Target spokeswoman Kelly Basgen. "This is not a long-term pricing strategy." Those words might be soothing to publishers. But shoppers might want to start stockpiling those books real fast...
Ameer said that while 1,316 students had been approved to stay on campus, the number of students actually on campus at any given time will hover around 1,000—the administration’s original stated target for the number of students...