October 7, 2012 |
It took more than two years and several price cuts, but a compound in Malibu owned by now-divorced couple Mel Gibson and Robyn Moore Gibson has sold for $9,261,250. The property had been listed in March 2010 at $14.5 million. The buyer is recently divorced reality TV producer Mike Fleiss. Described as an "old world hacienda," the main house features hand-painted details, stone and hardwood floors, several fireplaces, six bedrooms and 5 1/2 bathrooms. The master suite has a sitting room with a fireplace and two walk-in closets.
September 14, 2012 |
Gamers could become winners in a price war this holiday as console manufacturers slug it out for scarce consumer dollars, according to a report released this week. With Nintendo due to release its next-generation Wii U game console on Nov. 18 at prices starting at $299.99, rivals Sony and Microsoft are under pressure to make their current-generation consoles more appealing to consumers who don't already have one. One way to do that is to...
July 26, 2012 |
Exxon Mobil Corp.andOccidental Petroleum Corp.said second-quarter earnings took a hit from lower oil and natural gas prices, a pattern that analysts expect to be repeated throughout the energy industry. But in an economy that is struggling to gain momentum, the oil business is still posting numbers that many others would love to have. Exxon Mobil, in fact, reported record profits, but it needed the help of asset sales to do it. Analysts said the stage for this week's earnings reports was set when oil declined nearly 9% and natural gas plunged 46% during the quarter compared with year-earlier prices.
July 16, 2012 |
The Lumia 900, Nokia's flagship phone that has been in the U.S. just a few months, has had its price cut in half. The former $99 Lumia 900, which runs on Windows Phone 7, saw its price drop to $49.99 early Sunday on AT&T's website . Price cuts for phones aren't rare, but one so soon after a phone hits the market is. "This move is a normal strategy that is put in place during the life cycle of most phones," Nokia spokesman Doug...
February 21, 2012 |
When Barnes & Noble launched the Nook Tablet last fall, it did so at a higher price and with more storage space than the rival Amazon Kindle Fire. But on Tuesday, Barnes & Noble's Nook Tablet was dropped down to Amazon's level. Barnes & Noble has announced a new version of its Nook Tablet with 8 gigabytes of storage and a price of $199 , matching the Kindle Fire on both points. The previous version of the Nook Tablet , which was released in November, is exactly the same as the new lower-priced offering, except it has 16 gigabytes of built-in storage and sells at a price of $249 . Barnes & Noble's other 8-gigabyte tablet, known as the Nook Color, was cut from $199 to $169 on Tuesday as well.
December 10, 2011 |
Video game software sales rebounded in November, a crucial month for the industry as gift buying takes off in the weeks leading up to the holidays. Sales of games sold as discs jumped 15% to $1.67 billion last month compared with a year earlier, the most that's been rung up for a November sales period, according to a report from market research firm NPD Group Inc. "Content sales grew substantially thanks to a great slate of new titles," said Anita Frazier, NPD's game analyst.