AMAZON FINANCIALS

The Los Angeles Times put together an interesting story about whether Amazon.com can survive. “On Monday, Amazon is expected to report its 17th consecutive unprofitable quarter, a money-losing streak with few precedents for a company its size in American...

BORDERS HANDS ONLINE OPERATIONS TO AMAZON

Did you see that Borders is handing its web site to Amazon? Borders will close its own site, and Amazon will open a new site that features both logos, with Amazon essentially taking all responsibility for inventory and order fulfillment. At one time it was thought...