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Amazon cuts book prices
The book price wars are no longer just for pre-orders. Amazon.com was offering hardcovers of John Grisham’s “Ford County” and Barbara Kingsolver’s “The Lacuna” for just $9 on Tuesday, the official release date for both books. Hardcovers generally have a list price of $24 or higher.
In mid-October, Walmart.com announced dramatic discounts for pre-orders of “Ford County,” Sarah Palin’s “Going Rogue” and other popular November publications. Wal-Mart.com initially charged $9 for the books, a price quickly matched by Amazon.com.
Honda rolling out wagon
Honda Motor Co., whose U.S. sales fell 25 percent in the first nine months, is introducing the 2010 Accord Crosstour wagon as U.S. consumers opt for smaller, more fuel efficient vehicles. Prices range from $29,670 for a base EX model to $36,220 for the four-wheel-drive EX-L version.
More movies online
Best Buy Co. will start an online store for movies and television shows that will compete with Apple Inc.’s iTunes. The service will use technology licensed from Sonic Solutions Inc.
Savings bond rates
The Treasury announced that inflation-protected savings bonds bought from November through April 2010 will earn a rate of 3.36 percent. The rate is made up of a fixed rate of 0.3 percent, which stays unchanged through the life of the bond, and the annualized inflation rate from March through September. Series EE bonds, bought from November through April, will have a fixed rate of 1.2 percent.
Pump prices
The average U.S. pump price for regular gasoline rose 2 cents to $2.694 a gallon in the week that ended Monday, a government report showed.
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