San Francisco (AFP) – Twenty years after pioneering the virtual bookstore, Amazon went brick-and-mortar.

The online giant, which led the bookselling industry’s shift to the Internet, opened its first physical bookstore in its hometown of Seattle, Washington. via Amazon opens first brick-and-mortar bookstore

FAYETTEVILLE, Ark. (AP) — A former chief executive officer at a division of Wal-Mart Stores Inc. crash-landed a plane on a highway in front of an Arkansas high school Tuesday after the aircraft’s oil system failed. via Ex-Wal-Mart CEO lands troubled plane on Arkansas highway

Stuyvesant News

Investors have suffered billions in losses over the past decade on New York’s Stuyvesant Town and Peter Cooper Village apartment complex. But one little-known company controlled by Fortress Investment Group
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is poised to reap a massive payday. The company, CWCapital Asset Management, has been managing the Manhattan apartment complexes on behalf of creditors since 2010, after the owners defaulted on their $3 billion mortgage and surrendered the property. via Stuyvesant Town: One Firm Reaps a Windfall Where Investors Lost Billions

Beijing (AFP) – China sent its clearest signal yet on Tuesday that the world’s second-largest economy would lower its growth targets, with President Xi Jinping saying that expansion of only 6.5 percent a year would be enough to meet its goals. via China’s Xi says 6.5% growth enough to meet goals: Xinhua

A truly family run business, we aim to create a cosy and friendly atmosphere in the cafe with Mum and Auntie doing the cooking and Dad and the (grown-up) children serving front of house. We look forward to welcoming you to the Cafe on the Corner very soon.