'Marketplace' Report: Detroit Automakers' Comeback
Nov 14th, 2007 · Detroit automakers are making gains in reestablishing dominance, but they're still lagging in one important area: resale value.
Nov 14th, 2007 · Detroit automakers are making gains in reestablishing dominance, but they're still lagging in one important area: resale value.
Sep 6th, 2007 · Two million adjustable rate mortgages are scheduled to reset to higher rates later this year, making monthly payments unaffordable for many homeowners. Foreclosure agents, who buy homes that have been seized by lenders for resale, are profiting.
Jul 24th, 2007 · With copper fetching higher and higher prices on the international commodities market, copper thefts have been on the rise across the country. Thieves steal the metal for resale to recyclers, and they'll look anywhere -- from air conditioning units on private homes, to electrical substations --with sometimes deadly results.
Jun 29th, 2007 · The Supreme Court's 5-4 ruling allowing manufacturers to set and enforce minimum prices for their products overturns a nearly century old ban on resale price agreements in American retailing. The Court's minority worried that this will allow manufacturers to raise prices across the board. But many economists say the consumer will be protected because pricing of things from cars to shampoo will still be set by give-and-take between buyer and seller.
May 29th, 2007 · Legislation in Florida and Utah to restrict the resale of used merchandise is having unintended consequences for used-CD stores. A number of other states are considering "pawn shop laws" that primarily target trade in stolen goods. Some CD shops say the legislation may put them out of business.
Jan 5th, 2007 · The out-of-print book Football Scouting Methods, published in 1963, is one of the hottest things going on the Web-driven book resale market. It was written by Steve Belichick, father of New England Patriots' coach Bill Belichick.
Sep 11th, 2006 · Ticketmaster, which dominates the ticket-selling business, hopes to expand its presence in the secondary market, where online brokers and street-corner scalpers prevail. The company is working with states to enact new laws that would limit the resale market to authorized players. Critics say the changes would give Ticketmaster too much power.
Oct 8th, 2005 · Insurance industry experts are working in Louisiana and Mississippi to gather the unique vehicle ID numbers of cars damaged by Hurricane Katrina. The hope is to track the cars so they don't make it to the resale market.