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New iPhones, Apple TV expected as Apple prepares for event

By Julia Love SAN FRANCISCO (Reuters) – Journalists and analysts crowded outside a century-old San Francisco arena where Apple Inc is expected to unveil a pair of new iPhones, a larger iPad and an updated Apple TV on Wednesday. As lines stretched out across the square that links San Francisco City Hall to the 6,000-seat Bill Graham Civic Auditorium, which is adorned with a big Apple logo, Apple Senior Vice

Record high U.S. job openings point to skills shortage

Job openings, a measure of labor demand, increased 430,000 to a seasonally adjusted 5.8 million, the Labor Department said in its monthly Job Openings and Labor Turnover Survey on Wednesday. “The data now signal unambiguously that the labor market is unable to supply the people companies need. Usually, that means wages will accelerate, though the evidence for that now is      mixed,” said Ian Shepherdson, chief economist at Pantheon Macroeconomics

Apple to show off new iPhones, Apple TV on Wednesday

By Julia Love SAN FRANCISCO (Reuters) – With its highly profitable iPhone due for an upgrade, Apple is expected to unveil a pair of new handsets at an event in San Francisco on Wednesday, analysts say, in addition to showing off a larger iPad and an updated Apple TV. When Apple executives take the stage at the Bill Graham Civic Auditorium, investors will be scrutinizing their plans for the next

Barnes & Noble sales fall for fifth straight quarter

Barnes & Noble Inc, the largest U.S. bookstore chain, reported a decline in sales for the fifth successive quarter as lower demand for its Nook tablets and online books compounded a protracted slump in sales at its stores. The company’s shares fell as much as 16.6 percent on Wednesday. In recent years, stiff competition from online retailers such as Amazon.com Inc has eaten into sales at Barnes & Noble’s bookstores