Barnes & Noble Inc., the largest U.S. bookstore chain, fell the most in four months after forecasting a wider annual loss than analysts projected and saying it may spin off the Nook e-reader business, its fastest-growing unit.
Barnes & Noble Inc. plans to release a software update to its Nook e-reader this week to stop the screen from freezing, increase its speed and offer a Web browser and games for the first time, a company executive said.
Apple Inc.’s best defense against accusations it conspired to fix e-book prices may turn on its absence from meetings in Manhattan restaurants where publishing executives allegedly worked out the scheme.
Borders Group Inc. , the second- biggest U.S. bookstore chain, filed for bankruptcy in New York today after management changes, job cuts and debt restructuring failed to make up for sagging book sales in the face of competition from Amazon.com Inc. and Wal-Mart Stores Inc.
Barnes & Noble Inc., the largest U.S. bookstore chain, introduced a Nook e-reader with a screen that glows in the dark, challenging Amazon.com Inc. at a time when prices for digital books may start falling.