Personal Finance

Sony adds to mobile lineup

Sony adds to mobile lineup

Sony Mobile has unveiled a new addition to its Xperia smartphone lineup that sports a massive 20.7-megapixel resolution camera capable of taking add-on lenses. The Xperia Z1 is Sony’s attempt to leapfrog rivals such as Nokia and Samsung in the race for the phone with the best camera. The company presented the phone in Berlin on Wednesday, two days ahead of the opening of the annual IFA consumer electronics show in the city. The Z1’s standout features are the in-built camera and detachable lenses that can be controlled from the phone’s 5-inch screen.

Single-serve soup

Campbell Soup said it will start offering K-cup soup packs that can be made with Green Mountain’s popular single-serve coffee machines. The soups will come with a K-cup pack of broth that is brewed over a packet of dry pasta and vegetables. Nutrition information wasn’t immediately available, but the companies are calling the soup packs a “snack.” Campbell and Green Mountain said they will launch three varieties next year, including Chicken Broth Noodle.

Xbox One is coming Nov. 22

Microsoft plans to release the Xbox One video game console on Nov. 22, a week before Black Friday, and said it increased the number of units available for its holiday faceoff against Sony. Consumer demand spurred Microsoft to speed production after retailers sold out of pre-order allotments, Microsoft said.

Toyota recalls hybrids

Toyota is recalling 200,000 vehicles worldwide for a hybrid system problem and 169,000 vehicles for an engine bolt defect. There were no accidents related to either recall. The first recall concerns an inverter in the hybrid system for the Lexus RX400 and the Highlander models overseas and the Harrier and Kluger hybrids in Japan. The defect may cause an alarm to go off and the hybrid may stop running, Toyota said. The second involves the Lexus GS350, IS350, Crown and Mark X models, including 106,000 vehicles in North America and 59,000 vehicles in Japan. The bolts may loosen, causing the engine to stall, the automaker said.

Jewelry line

Richline Group, owned by Warren Buffett’s Berkshire Hathaway, on Wednesday reached a deal to make and distribute jewelry featuring the artwork from cards produced by American Greetings. Consumers “have made it clear that licensed jewelry will play a central role in our future product assortments,” said Richline chief executive officer Dennis Ulrich.

Mortgage activity rises

Mortgage applications in the U.S. rose for the first time in four weeks as a drop in interest rates boosted refinancing. The Mortgage Bankers Association’s index advanced 1.3 percent in the period ending Aug. 30, the Washington-based trade group said. Refinancing increased for the first time since June, rising 2.4 percent.