When you read the words of Clotaire Rapaille, a "French-born psychiatrist-turned-marketer" quoted in yesterday's interesting Slate article about the marketing of cars to women, it's hard not to read them in a voice that's sultry and French and not entirely serious, as if he's some kind of sales expert crossed with Pepe Le Pew (despite the fact that this doubtless has no basis in reality).
The future doesn't look so bright for China-based Suntech, one of the world's largest makers of solar panels: On Wednesday, it was forced into bankruptcy after missing a $541 million payment to bondholders.
Originally published on Wed March 20, 2013 2:12 pm
Say you buy a textbook in another country, where textbooks are cheap. Then you bring the book back to the U.S. and sell it at a profit. Did you break the law?
No, you didn't. In a ruling that came down yesterday, the Supreme Court ruled in favor of a student who had his friends and relatives buy textbooks in Thailand which he later re-sold in the U.S. on eBay.
NPR's business news starts with some books for resale.
(SOUNDBITE OF MUSIC)
INSKEEP: Start reading now. The Supreme Court has ruled that buying books overseas and reselling them in the United States does not violate copyright law. Yesterday's six/three decision comes as a relief to companies like eBay and Costco that resell all sorts of foreign goods.
Cypriot politicians are busy trying to come up with an alternative plan to raise the cash needed to stave off a collapse of its banking sector after they unanimously rejected an international bailout package that would have imposed a levy on the nation's savings accounts.
Here's a quick look at some of Wednesday's developments:
The first day of spring typically signals the high season for open houses and home sales.
The season seems to have arrived early in some places where homebuying is already frenzied, and in many markets, the pendulum has swung from an excess of homes on the market a few years ago to a shortage.
Companies are licking their chops at the prospect of a wave of baby boomers leaving their jobs with trillions of dollars in 401(k)s and other savings accounts, so older Americans may find themselves bombarded with ads for annuities. And younger boomers, too, may be targeted, since many are helping their parentswith investment decisions.