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Jeffrey P. Bezos

BY CSA STAFF

If the online retail empire had a royal family, 43-year-old Jeffrey P. Bezos of

Bezos has been a risk-taker since the beginning. When the dot.com bubble burst and he faced start-up losses that totaled $550 million, he continued to embrace cutting-edge technology and forged ahead. Whether it‘s with the downloadable music market or adding online product reviews, Bezos always thinks one step ahead. Despite some early generational criticism, the company recently launched the new handheld Amazon Kindle, a wireless e-book reader that has been called the new iPod of the previously sluggish downloadable e-book market. This vision has dynamic potential to shape not only the book industry, but also the way consumers will read in the future.

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Borders to offer free resolution workshops

BY CSA STAFF

ANN ARBOR, Mich. Borders said Thursday that it is offering customers free in store events throughout the month of January to help them kick start their new year’s resolutions and learn how to keep them through the year. Programs include wellness fairs, yoga classes and diet seminars.

Borders reported that local organizations and community groups will be featured in activities and events at its stores across the country ranging from fitness centers and hospitals to singles groups and retirement centers.

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Schulze sells 440K shares of company stock

BY CSA STAFF

MINNEAPOLIS Best Buy chairman and founder Richard Schulze sold 440,000 shares of Best Buy stock last week valued at $22.4 million. Schulze sold the stock at prices ranging from $50.71 to $51.18 per share. Earlier this month, Schulze sold 2.35 million shares valued at more than $120 million.

While Schulze’s stock sales are considerable, they represent just a fraction of his holdings at Best Buy. He’s estimated to still hold more than 68 million shares of stock amassed during 41 years with the company.

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