Good Day, Bad Day
Red ink, bookish Canadians
GOOD DAY FOR: Red ink, as Xerox is selling a new printer that prints color pages at the same price as black and white ones. Xerox hopes the printer, which uses solid ink sold in crayon-like sticks, will bring more color to business printing. While the cost per color page is about 5 cents, or half of what it costs on other machines, the printer is being sold for $2,500, $900 more than a comparable laser printer from industry leader Hewlett-Packard. (BusinessWeek.com)
BAD DAY FOR: Bookish Canadians, as the 1-to-1 parity between the Canadian and U.S. dollars makes books seem much more expensive north of the border. For example, the price listed on Alan Greenspan’s “The Age of Turbulence” is US$35 and C$42. Books cost more, relatively, in Canada even when the loonie was weaker. (USA Today)
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