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Manhattan luxury-condo glut ends rush for land deals

  Bloomberg New York’s condo slowdown is upending the market for one of the most coveted assets in tightly packed Manhattan: land. Sales of parcels for development are plummeting as builders, seeing signs that a once-hot property market is cooling, offer prices that sellers won’t agree to. Just 48 land deals were completed in the first half of 2016, compared ...

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Amazon unveils cargo plane as it expands delivery network

  SEATTLE / AP Seattle-based Amazon is unveiling its first branded cargo plane, one of 40 jetliners that will make up the e-commerce giant’s own air transportation network as it takes more control of its delivery process. The latest push to speed delivery of its products comes as the company ships an increasing number of packages worldwide. Amazon’s parcel volume ...

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US parents to spend $18.5 billion on back-to-school tech

  Relaxnews According to the Consumer Technology Association’s ‘The Role of Consumer Tech in Back-to-School Shopping’ study, devices from portable hard disks to laptops are moving further up the average family’s shopping list. In all, 59% of parents hitting physical or online stores to equip their children for the first term of the new school year are looking for technology ...

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