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A Mexican media mogul has purchased a larger stake of Circuit City and now owns around 28 percent of the struggling retailer. According to Bloomberg News , which cited a Securities and Exchange Commission filing, Ricardo Salinas Pliego, who...

A successful salesman in his late 30s was fired from his job after a competitor bought out the company he had worked for. He decided on a new career selling insurance policies and financial planning products.   Fortunately his reputation...

Wal-Mart has introduced yet another salvo in its holiday bargain strategy- an offer of "value bundles" on CE and other products . Most of the bundles are exclusive to Walmart.com Among the 45 offered bundles are a Nintendo DS Lite with...

The Microsoft Xbox 360 console may suddenly find itself in higher demand starting Wednesday. That's because the New Xbox Experience interface is set to launch, featuring new menus, better-looking features and other new upgrades. According to an...

Best Buy has had its outlook dropped to "negative" by rating agency Fitch Ratings. The move came due to the CE retail giant's reporting of dropping same-store sales last week. The rating was moved to "negative" from its...

Capitol Sales Co. announced Monday that it has reached an agreement to distribute products from Home Automation, Inc. (HAI). The deal includes various HAI products, including home control systems, whole house audio, video surveillance equipment...

Following the announcement Monday that Utz Baldwin has been named the organization's first-ever CEO, The Custom Electronic Design & Installation Association (CEDIA) Tuesday announced the rest of its new executive committee. Baldwin, who left...

On the strength of its recently introduced line of new MacBooks, sales of Apple's Mac computers jumped 28 percent in October over the same period last year, according to NPD Group data cited by AppleInsider.com. The company's latest line of...

The CE industry's latest intellectual property lawsuit has a rare dimension- it's a manufacturer taking on a retailer. Manufacturer Callpod, which sells a product that charges multiple electronics devices at once, this week filed a lawsuit...

No one with a kid in the house these days gets away with being anything less than environmentally aware. Mark Bishar, vice president of marketing at Big George's Home Appliance Mart, Ann Arbor, Mich., has two kids at home and is already feeling...